$499,000

For sale

Book a showing

#202 68 Merton Street, Toronto (Mount Pleasant West) - Single Family for Sale

#202 68 Merton Street, Toronto (Mount Pleasant West), Ontario, M4S1A1

2 beds2 baths1 parking ft²

#2601 161 Roehampton Avenue, Toronto (Mount Pleasant West), Ontario, M4P0C8

2 bd1 ba550 ft²+$428/mo

#1705 43 Eglinton Avenue East, Toronto (Mount Pleasant West), Ontario, M4P1A2

2 bd2 ba1 pk850 ft²+$1177/mo

Listed by HARVEY KALLES REAL ESTATE LTD.

#2908 195 Redpath Avenue, Toronto (Mount Pleasant West), Ontario, M4P0E4

For saleJust listed

Yesterday

$500K

#2908 195 Redpath Avenue, Toronto (Mount Pleasant West), Ontario, M4P0E4

2 bd2 ba550 ft²+$504/mo

Listed by HOMELIFE LANDMARK REALTY INC.

#3112 2191 Yonge Street, Toronto (Mount Pleasant West), Ontario, M4S3H8

For saleJust listed

Yesterday

$535K

#3112 2191 Yonge Street, Toronto (Mount Pleasant West), Ontario, M4S3H8

1 bd1 ba650 ft²+$531/mo

Listed by RE/MAX EXCEL REALTY LTD.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$499,000

Toronto

Book a showing

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,000, it is attractively priced about 16% below the $595,000 median asking price in Toronto. It has been on the market 28 days, fresher than the Toronto average of 46 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Beautifully located in the heart of Yonge and Merton, this stylish condo offers a mix of convenience and neighbourhood charm, just minutes from Davisville Subway and steps to the Kay Gardner Beltline Trail. This spacious one bedroom plus den, two bathroom suite features modern finishes and a well designed open concept layout. The tucked away den is perfect for a home office. The area is surrounded by shops, cafes, restaurants, and parks nearby, and residents enjoy easy access to transit and walking trails, making it a great spot to call home. (id:66096)

Property Details

MLS®: C13880684
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $790/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,031.4/yr
Listed: 28 days ago

Market Timing

Days on market

28d

Toronto (Mount Pleasant West) listings, avg age

46d

Price / ft²

$768

List price

$499K

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.

Area context

Neighbourhood profile (M4S)

This home lists at $499,000, about 5.7× the local median household income of $88,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $88,000
Population: 30,754
Median age: 38
Owner / renter: 39% / 61%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4S)

$499,000· $768/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$253/mo

Condo fee$790/mo

Total monthly$3,671

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#202 68 Merton Street, Toronto (Mount Pleasant West) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M4S)

Book a showing

Full Cost Breakdown