$999,999 - 18 Merton Street Unit PH1114, Leaside
Condo for Sale in Leaside
Neighbourhood: Mount Pleasant West
- MLS Number
- C13415134
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Owned
- Exposure
- East West
- Balcony
- Terrace
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Most condos offer a balcony. This penthouse offers nearly 1,000sf of private rooftop living in the heart of Midtown Toronto. Perched above Davisville Village, this exceptional penthouse delivers a lifestyle rarely found in the city. The crown jewel is an extraordinary 972sf private rooftop terrace with unobstructed skyline views, an outdoor retreat that transforms everyday living into something special. Host unforgettable gatherings, enjoy sunset dinners under the stars, create your dream rooftop garden, or simply relax with panoramic views that stretch across one of Toronto's most desirable neighbourhoods. Inside, you'll find soaring 17-ft floor-to-ceiling windows that flood the home with natural light, creating a bright, open atmosphere throughout. The modern kitchen overlooks one of two balconies & features expansive windows that bring the outdoors in. The spacious primary suite offers panoramic views, a large closet, a 3-piece ensuite, & direct access to a private balcony, the perfect setting for a morning coffee. A generous second bedroom includes its own ensuite and large closet, while the versatile main-floor bedroom can easily function as a home office, guest room, or den. Adding to the rarity of this offering are two owned parking spaces & a large owned locker, highly sought-after features in Midtown Toronto. Located steps from Davisville Station, The Beltline Trail, restaurants, cafés, shopping, parks, & top-ranked schools, this home places the best of Midtown at your doorstep. An added benefit often overlooked is the value built into the maintenance fees, which include most utilities & access to exceptional building amenities providing convenience, predictable monthly costs, & a lock-and-leave lifestyle that many homeowners seek. For those who want the prestige of penthouse living, the entertaining power of a rooftop oasis, & the convenience of luxury condo ownership, this is a truly rare opportunity in the heart of Midtown.
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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.
18 Merton Street Unit PH1114, 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
Fair Market Value
At $1000/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.
Market Position
At 28 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. We'll want to verify the monthly fees and what they include.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.