$1,275,000 - 714 Merton Street, Leaside
Detached for Sale in Leaside
New — Listed 7 days agoNeighbourhood: Mount Pleasant East
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- MLS Number
- C14084812
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Leaside / Davisville
- Taxes (2026)
- $7,174
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
A Davisville classic with Endless Potential. Opportunity awaits in this charming, detached home, lovingly owned by the same family for 40 years. The main floor features a spacious living room with a brick wood-burning fireplace, flowing into a formal dining area and sunlit kitchen with a walkout to the rear deck and private yard. Upstairs, a generous, naturally bright landing leads to three well-proportioned bedrooms with gleaming oak parquet floors and 4-piece bath. The versatile basement offers reasonable ceiling height, a generous family recreation room, 3-piece bathroom, ample storage, and a rare, highly desirable walk-out to the the back yard. Perfectly situated in Davisville village, this home offers an exceptional, highly walkable lifestyle. Steps to top-rated schools (Maurice Cody PS), beautiful parks, artisanal bakeries, cafes, and everyday amenities along Bayview Avenue. A rare opportunity to own a cherished family home in a premier midtown pocket! Full of character and possibilities, this is the perfect place for a new family to put down roots, create lasting memories, and make the home their own.
Estimate your monthly payments for this property
Estimated Payment
$5,639.76/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 East
Mount Pleasant East 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 East
- •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 East 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.
714 Merton Street, 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 $1159/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.
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.
Detached Home Advantages
Detached homes in Leaside are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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 East
I know Mount Pleasant East 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 $5,313 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.