18 Merton Street Unit 703, Toronto C10

Price: $619,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13862840

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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active
New Listing

$619,000 - 18 Merton Street Unit 703, Leaside

Condo for Sale in Leaside

New — Listed 2 days ago

Neighbourhood: Mount Pleasant West

3Beds
2Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
C13862840
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Leaside / Davisville
Taxes (2026)
$3,276
Maintenance Fees
$1,184/mo
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

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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Estimated Payment

$3,175.79/mo

Includes CMHC insurance ($17,270)

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5-yr fixed avg.

Principal: $557,100Interest: $378,367
Mortgage Amount$574,370
Total Interest$378,367
Est. Property Tax$438/mo
Total Cost$952,737

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.

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Neighbourhood Guide: Mount Pleasant West

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

18 Merton Street Unit 703, Leaside / Davisville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$1,184
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$849

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $884/sqft, this property is priced in line with current Leaside market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Leaside's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $1184/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 700 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    18 Merton Street Unit 703 | $619,000 | Battaglia Team