$558,800

For sale

#204 68 Merton Street, Toronto (Mount Pleasant West) - Single Family for Sale

#204 68 Merton Street, Toronto (Mount Pleasant West), Ontario, M4S1A1

1 bed1 bath0 parking550 ft²$513/mo condo feeListed 28 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $558,800, it is attractively priced about 6% 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.

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Description

Safe,Quiet & Decent Midtown Area, Boutique Condo, Sun-Filled 1 Bedroom Unit, Bright & Spacious Functional Layout With Modern Finishes; Minutes 'walk To Yonge-Line Davis Ville Station, Prestigious Public and private schools. Best Walking Score! Close to Shops/Restaurants, Beltline Trail, Restaurants, Pubs, Coffee Shops & Oriole Park.Prestigious Schools: College francais secondaire 8.2/10, Whitney Junior Public School 9.9/10, EE Jeanne-Lajoie8.0North Toronto Collegiate Institute8.3/10, Upper Canada College(private),The York School(private), ESC Saint-Frere-Andre 8.0/10 (I.B. program).1 dog+1 cat, or 2cats. no more than 2 total pets per unit, max 25lbs. (id:66096)

Property Details

MLS®: C13879156
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $513/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,838.92/yr
Listed: 28 days ago

Features

Appliances: Central Vacuum, Oven - Built-In
Exterior: Concrete
Lot Features: Balcony, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Toronto (Mount Pleasant West) listings, avg age

46d

Price / ft²

$1,017

List price

$559K

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.

Haho

This 1-bed single family in Toronto (Mount Pleasant West) has been listed for 28 days, which is 18 days fresher than the city average of 46. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · ALAN ZHANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4S)

This home lists at $558,800, about 6.3× the local median household income of $88,000.

Carrying it typically needs a household income of about $109,153 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$558,800· $1,017/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,880

Min 5.53%50%

Mortgage payment$2,927/mo

↳ CMHC premium ($21,117 capitalized)

Property tax (est.)$153/mo

Condo fee$513/mo

Total monthly$3,593

Cash Needed to Close

Down payment (5.53%)$30,880

Land transfer tax$15,302

Est. closing costs$4,176

Total cash needed$50,358

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