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New2 hours ago

505 - 35 Merton Street

Mount Pleasant West, Toronto

$675,000

Condo Apartment |
2 | 1 | 1 | 1
About this home

Welcome to 35 Merton, a well-cared-for building ideally located in the heart of the city, with the convenience of a 24-hour concierge.This bright 846 sq. ft. corner unit features a thoughtfully designed layout and an abundance of natural light, with windows on two sides. The primary bedroom offers a walk-out to the balcony-perfect for enjoying your morning coffee or some fresh air.The suite features brand-new luxury vinyl flooring throughout, a welcoming foyer with a double hall closet, and well-proportioned living spaces.Enjoy the convenience of being just steps from Yonge Street, with an exceptional selection of restaurants, shops, cafés, transit, and everyday amenities right at your doorstep.Maintenance fees include: heat, hydro, water, common elements, building insurance, parking, Bell Better Package TV with 300 channels, and Bell Fibre Internet with 1.5G high-speed service.A bright, spacious, move-in-ready corner suite in an unbeatable location. This is a no-pet building.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,197
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,008
mls© NumberC13813248
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Heat Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Hydro Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,455
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$599
Housing costs
$4,454 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $135,000
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$2,841 / mo
Cash down
$135,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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