$1,129,900 - 253 Merton Street Unit 1006, Leaside
Condo for Sale in Leaside
Neighbourhood: Mount Pleasant West
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C13765884
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Leaside / Davisville
- Taxes (2025)
- $4,246
- Maintenance Fees
- $1,368/mo
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
One of Midtown's most spectacular views! Enjoy a protected, direct southeast corner unit overlooking the mature trees of Mount Pleasant Cemetery and the scenic Beltline Trail. Ideally located in prime Davisville Village. Highly functional split 2-bedroom floor plan with owned parking & two lockers, upgraded from top to bottom! Almost no original builders finishings remain. The white modern chef's kitchen was fully gutted and rebuilt, featuring high-end stainless steel appliances and granite countertops. Two upgraded bathrooms with custom showers.Private balcony. Built-in's throughout, including primary bedroom walk-in closet. Building amenities are currently undergoing extensive renovations, including the gym and party room, with corridor renovations scheduled for 2027. Exceptionally convenient location close to transit, cafes & parks. Enjoy the best of city living with the Kay Gardner Beltline Trail right at your doorstep, perfect for morning walks, cycling and outdoor recreation. Davisville Subway Station is within an easy walk, while Yonge Street, Bayview, and Mount Pleasant Road offer a great selection of restaurants, cafés, shops and everyday conveniences.
Estimate your monthly payments for this property
Estimated Payment
$4,997.93/mo
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.
253 Merton Street Unit 1006, Leaside / Davisville
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1130/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 27 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 $1368/month fees should cover building insurance, common elements, and reserve contributions.
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 $4,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.