906-18 Merton Street, Toronto, ON
Mount Pleasant West, Toronto · MLS® C12972332
About this home
Welcome to a show stopping, fully reimagined 2-bedroom+den, 3-bathroom loft that delivers style, scale, & sophistication at every turn. Spanning over 1,400 square feet, this rare offering has been redesigned from top to bottom with impeccable attention to detail and includes underground parking & a storage locker for ultimate convenience. From the moment you step inside, you're greeted by sleek luxury waterproof vinyl plankflooring, striking custom built-ins, & a chic carpeted stair runner that adds both warmth & drama. The open-concept main level is an entertainer's dream, highlighted by a chef-worthy kitchen complete with full-sized stainless steel appliances (backed by an extended 5-year warranty), quartz countertops & backsplash, & statement LED lighting & designer sconces that set the mood. Indulge in not one, but 3 spa-inspired bathrooms, each finished with premium Italian porcelain tile, floating vanities, & elevated fixtures that feel straight out of a boutique hotel. The expansive primary retreat features a walk-in closet, a stunning en-suite, & a private balcony-your personal escape for morning coffee or evening unwinding. A second balcony off the kitchen & dining area is perfect for alfresco dining, hosting friends, or rolling out your yoga mat under the sky. The versatile main-floor den easily transforms into a third bedroom, stylish home office, or guest suite. Floor-to-ceiling, south-facing windows bathe the home in natural light all day long, enhancing the airy, loft-style vibe. Located in a dynamic, highly walkable community with an exceptional Walk Score of 97, everything you need is right outside your door-TTC, grocery, cafes, acclaimed restaurants, parks, schools, daycare, pharmacies, medical clinics, & more! Turnkey, trend-forward, & truly unforgettable, this loft offers the perfect fusion of luxury living & urban energy. Some photos have been virtually staged. Maintenance fees include all utilities except hydro.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C12972332
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3
- Size
- 1000-1199
- Cross streets
- Yonge and Davisville
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Other
- Exterior
- Concrete, Brick
- Roof
- Unknown
- Maintenance
- $1,566/mo
- Exposure
- South
- Property tax
- $3,926 / 2025
- Days on market
- 105
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
renovated · vinyl floor · led lighting
renovated · stainless steel appl · south view
renovated · 3 pc ensuite · balcony
renovated · vaulted ceiling(s) · balcony
renovated · 4 pc ensuite · walk-in closet(s)
renovated · french doors · closet
Listed at $859,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Mount Pleasant West lately, sellers have been getting about 96% of asking and homes sell in about 42 days.
There were not many closely comparable homes right in Mount Pleasant West, so I widened the search to the surrounding area.
Based on 58 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 58 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $696K, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $945K
- Bedrooms +$24K
- Adjusts to $969K
That comparable adjusts to $969K; the $915K estimate above is the median of all 58 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Davisville Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $915K, median of 58 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 20% below the area average of $973/sqft.
104 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $687,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,667
- Property tax
- $327
- Condo / maintenance fees
- $1,566
- Heating
- $0
- Estimated monthly cost
- $5,560
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,655
- Toronto municipal land transfer tax
- $13,655
- Estimated closing costs
- $27,310
Plus your down payment of $171,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $220,029
- Principal paid down
- $87,515
- Interest paid
- $132,514
- Balance remaining
- $599,685
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.