208A Merton Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13143028

$1,899,000
For Sale
Listed 59 days ago
3Bedrooms
3Bathrooms
2Garage
2000-2500Sq Ft

About this home

208A Merton is a lifestyle destination for those who crave sophistication, comfort, and connection in one of Torontos most vibrant enclaves. This rare freehold townhouse offers the ease of ownership without the fees, combining the freedom of a house with the low-maintenance appeal of urban living. Wake up in your sun-drenched primary suite, pour a coffee, and head upstairs to your 534 square foot rooftop terrace. Wrapped in skyline views, surround sound, and featuring a fully automated Rolltec awning, it is your private retreat in the sky. Spend evenings dining alfresco under the stars or curling up beside the glow of the gas fireplace in your elegant living room, with built-in shelves and crown moulding framing the space. Inside, this home balances contemporary design with timeless warmth. Soaring 10 foot ceilings on the main level create a gallery-like feel, perfect for entertaining. The chefs kitchen, with its high-end appliances, granite counters, and ceiling-height shaker cabinetry, opens seamlessly to a walk-out balcony with a gas line.Upstairs, the versatile layout adapts to your lifestyle. Whether you envision a stylish media lounge, a dressing room worthy of a magazine spread, or a cozy guest suite, every space is rich with light, storage, and thoughtful finishes. Heated floors in all bathrooms and the foyer add a daily touch of luxury, and integrated speakers let you soundtrack your moments with ease. And when the city calls, you are just steps to the Beltline Trail, Davisville subway, and the boutiques and cafés of Yonge Street, along with top-rated schools and a true sense of community. A rare built-in two car garage, central vacuum, alarm system, and custom window coverings complete the offering. This is turnkey Midtown living for those who want it all style, function, and the freedom to live beautifully.

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13143028
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500
Lot
16.44 × 55.68 ft
Cross streets
Yonge And Merton
Parking
2 garage (built-in)
Driveway
Right Of Way
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$7,767 / 2025
Days on market
59
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Rooms

KitchenMain3.30 × 3.30 m

hardwood floor · breakfast bar · pot lights

Bedroom 3Third3.91 × 3.58 m

broadloom · double closet · pot lights

LaundryThird2.62 × 1.42 m

tile floor · laundry sink · pot lights

Bedroom 2Third3.99 × 3.81 m

broadloom · double closet · pot lights

Living RoomMain4.60 × 3.89 m

hardwood floor · gas fireplace · crown moulding

Primary BedroomSecond4.67 × 4.60 m

broadloom · walk-in closet(s) · 5 pc ensuite

Dining RoomMain3.48 × 3.40 m

hardwood floor · crown moulding · pot lights

FoyerGround2.54 × 1.50 m

tile floor · closet · pot lights

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

On schools, this address is zoned for North Toronto Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Davisville Ave at Acacia Rd is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.49Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

3002 Bayview Avenue$1.66M82 Woodbine Avenue$1.55M78 Jolly Way$749k78 Cormier Heights$1.20M33 Rose Avenue$2.30M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.90MThis home1.66M1.55M749k1.20M2.30MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $979K
$844this home / sqft
79active listings nearby
59days on market

This home lists 26% above the area average of $669/sqft.

49 days longer than the Toronto average (10 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Mount Pleasant West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

79/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Davisville Ave at Acacia Rd, about 227 m away

20+ transit stops10 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Cabbagetown-South St. James Town
$1.71M
Moss Park
$1.27M
Trinity-Bellwoods
$1.12M
South Riverdale
$999K
Downsview-Roding-CFB
$805K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Davisville Junior Public School
86%
Davisville Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 86% meet the provincial standard

Affordability & Mortgage

Affordability
$8,655/mo
$353KIncome needed
5.4×Price ÷ income
$1,997Weekly cost
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $8,655Property tax $647Total carry $9,302

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,107per month

Mortgage amount $1,519,200 · 4.14% over 25 years

$379,800Down payment (20.0%)
$1,519,200Loan before insurance
$0CMHC premium
$8,754Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,107
Property tax
$647
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,754

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$34,455
Toronto municipal land transfer tax
$34,455
Estimated closing costs
$68,910

Plus your down payment of $379,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,847/monthPayment at the qualifying rate

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

$912,905Total interest paid
$2,432,105Total of all payments
Principal $1,519,200 Interest $912,905
YearPrincipalInterestBalance
1$35,590$61,695$1,483,610
2$37,078$60,206$1,446,532
3$38,629$58,655$1,407,903
4$40,245$57,039$1,367,658
5$41,928$55,356$1,325,730
6$43,682$53,602$1,282,047
7$45,509$51,775$1,236,538
8$47,413$49,871$1,189,125
9$49,396$47,888$1,139,729
10$51,462$45,822$1,088,267
11$53,615$43,669$1,034,652
12$55,858$41,427$978,794
13$58,194$39,090$920,600
14$60,628$36,656$859,972
15$63,164$34,120$796,808
16$65,806$31,478$731,002
17$68,559$28,725$662,443
18$71,426$25,858$591,016
19$74,414$22,870$516,602
20$77,527$19,757$439,076
21$80,770$16,515$358,306
22$84,148$13,136$274,158
23$87,668$9,616$186,490
24$91,335$5,949$95,155
25$95,155$2,129$0

At the end of your 5-year term

Total paid over the term
$486,421
Principal paid down
$193,470
Interest paid
$292,950
Balance remaining
$1,325,730

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.

Let's connect

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

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
1.9%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.7%
Gross yield
− Property tax $7,767− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,689

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.

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