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New3 hours ago

703 - 18 Merton Street

Mount Pleasant West, Toronto

$619,000

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

Loft living, Midtown convenience, and a subway commute that couldn't be easier. This bright and spacious 2-bedroom + den, 2-full bathroom loft delivers the kind of space, light and lifestyle that's hard to find, all just a short walk from Davisville TTC Station and the best walkable shops, amenities, bistros and cafes at your finger tips. South-facing with a clear open view, this unique two-storey layout is filled with natural light and anchored by an impressive 17-ft cathedral ceiling that gives the home serious wow factor. The main level is made for both everyday living and entertaining, with an open-concept living and dining space, soaring ceilings and the rare convenience of a full bathroom for guests and a private balcony. Upstairs feels like your own private retreat - the generous primary bedroom boasts a 4pc ensuite bathroom and easily accommodates a king-size bed, with a bonus office nook, and walks out to the second balcony. The enclosed 2nd bedroom offers flexibility for guests, a roommate or a private office. Includes one parking space, large storage locker and an EV charger option. Building amenities include a fitness centre and outdoor patio with BBQs, perfect summer dinners and drinks with friends. And then there's the location... Grab your morning coffee around the corner, meet friends for dinner, hit the Beltline trail, explore nearby parks or take care of errands without getting in the car. Cafes, restaurants, shops and everyday essentials are all close by, while Davisville Station puts downtown, uptown and the rest of Toronto within easy reach. Freshly painted and refreshed with recent updates including a stainless steel fridge (2024), stainless steel over-the-range microwave (2023) and luxury living room LED chandelier (2023). A bright, stylish Midtown loft with real space, dramatic ceilings and the kind of connected, walkable lifestyle that makes city living easy.... you know what to do...

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style2-Storey
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$1,184
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,276
mls© NumberC13862840
Listed ByROYAL LEPAGE SIGNATURE REALTY
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$3,168
Property tax
$273
Heat allowance
$150
Condo fees, half counted
$592
Housing costs
$4,183 / mo

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

Down payment20% · $123,800
25-yr amortization

Income needed

$129,000

gross annual household income

Payment at 4%
$2,605 / mo
Cash down
$123,800

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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