$850,000
Toronto
162 Merkley Square, Toronto (Morningside), Ontario, M1G2Y8
This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $850,000, it is attractively priced about 13% below the $979,999 median asking price in Toronto. It has been on the market 44 days, fresher than the Toronto average of 48 days.
Location, location, location! Welcome to this spacious four-level backsplit nestled in an established Scarborough neighbourhood, offering plenty of room to make it your own. Ideally situated just minutes from parks, schools, tennis courts, a dog park, public transit, the hospital, Highway 401, and everyday amenities, everything you need is within easy reach.Step inside to a bright and inviting main level featuring an open-concept living and dining area with hardwood flooring and a large front window filling the space with natural light. The updated kitchen features ample cabinetry and counter space, creating a functional setting for everyday living. With four levels of living space, there's plenty of flexibility whether you're entertaining, working from home, accommodating a growing family, or simply looking for room to spread out.Upstairs, you'll find two generously sized bedrooms and a renovated bathroom. The lower level features a spacious family room and additional bedroom, while the finished basement includes another living area and bedroom, providing even more versatility to suit your needs. Freshly painted throughout, the home provides a bright, neutral backdrop ready for its next owners to add their own personal style.Outside, enjoy a newly fenced backyard with plenty of privacy and space to entertain or relax, along with an existing in-ground pool with the potential to create your own private summer retreat. Complete with a one-car garage and a location that keeps you connected to everything the GTA has to offer, this home is ready for its next chapter in a well-connected Scarborough neighbourhood. ** Pool photo is virtually altered. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 44 days on market, against an average age of 48 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Toronto (Morningside) has been listed for 44 days, which is 4 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $850,000, about 11.6× the local median household income of $73,500.
Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 126% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1G)
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