$595,000 - 119 Merton Street Unit 207, Leaside
Condo for Sale in Leaside
Neighbourhood: Mount Pleasant West
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- MLS Number
- C13811346
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 500 sqft
- Neighbourhood
- Leaside / Davisville
- Taxes (2025)
- $2,390
- Maintenance Fees
- $585/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Juliette
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
If the typical condo isn't quite your style, welcome to 119 Merton. This is a loft for those who want something a little cooler, a little moredistinctive, and a lot more interesting than the standard condo box, without paying a premium for it.With soaring ceilings and a true loft inspired feel, this bright and versatile space offers the kind of character that is increasingly hard to find atthis price point. The open concept layout gives you room to live, work, entertain and make the space your own, while the elevated ceilingheight creates an airy sense of volume that makes the home feel far larger than you might expect.And then there is the value. Low maintenance fees that include **all utilities** make this an exceptionally affordable way to enjoy city living,while your own parking space and locker add the convenience and functionality buyers are looking for.The building itself is tucked quietly just off Yonge Street, offering a peaceful retreat from the pace of the city while keeping you remarkablyclose to everything. Perfectly positioned between Yonge & Eglinton and Leaside, you are steps from an incredible mix of restaurants, cafés,shops, grocery stores, parks and everyday essentials. Transit is right nearby, making commuting and exploring the city effortless.Whether you're a first time buyer looking to get into a sought after neighbourhood, a professional wanting a low maintenance home withpersonality, or simply someone who doesn't want to settle for another cookie cutter condo, this one deserves a look.Affordable, low maintenance and full of character, with an unbeatable location. 119 Merton is city living without the usual compromises.
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mount Pleasant West
Mount Pleasant West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mount Pleasant West
- •Convenient location in Leaside / Davisville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mount Pleasant West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
119 Merton Street Unit 207, Leaside / Davisville
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1190/sqft, this property is priced above the Leaside average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $585/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Mount Pleasant West
I know Mount Pleasant West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.