206A Merton Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13208964

$1,650,000
For Sale
Listed 50 days ago
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3Bedrooms
3Bathrooms
2Garage
2000-2500Sq Ft

About this home

Amazing Opportunity to Own Rare, Executive Spacious Townhouse in Davisville Village over 2000 Sq Ft Featuring Soaring 10 Ft Ceilings & Premium Hardwood Flooring Throughout, 534 sq ft Rooftop Terrace & 2 Car Tandem Garage! Kitchen Features Brand New Quartz Countertop, SS Appliances, Breakfast Bar & Open Concept. Main Floor Features Crown Mouldings, Pot Lights & Gas Fireplace w/ Built in Shelves. W/O Juliette Balcony. Fully Upgraded 3rd Floor Bath. Master BR has 5 PC Ensuite w/ Double Sink Granite Countertop & His/Her Mirror Closets. Every Room has Pot Lights. Central Air Conditioning (2025). Furnace (2024). Additional Storage in the Garage. 10 Min Walk to Subway Station, Short Walk to Yonge St, Shops & Groceries. Don't Miss out on this One!

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13208964
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500
Lot
16.44 × 57.61 ft
Cross streets
Yonge St & Davisville Ave
Parking
2 garage (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Flat
Sewer
Sewer
Property tax
$7,805 / 2025
Days on market
50
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Dining RoomMain4.60 × 3.89 m

hardwood floor · pot lights · open concept

KitchenMain3.30 × 3.30 m

quartz counter · stainless steel appl · open concept

FoyerGround2.54 × 1.50 m

ceramic floor · w/o to garage

Living RoomMain3.48 × 3.40 m

hardwood floor · crown moulding · gas fireplace

Primary BedroomSecond4.67 × 4.60 m

5 pc ensuite · his and hers closets · hardwood floor

Bedroom 2Third3.99 × 3.81 m

hardwood floor · pot lights · double closet

Bedroom 3Third3.91 × 3.58 m

hardwood floor · pot lights · closet

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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.23Mavg 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$1.20M19 Woodstream Drive$1.00M

The 5 closest of 7 active listings nearby.

See all comparable homes
1.65MThis home1.66M1.55M749k1.20M1.00MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $979K
$733this home / sqft
79active listings nearby
50days on market

This home lists 10% above the area average of $669/sqft.

40 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 217 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
$7,520/mo
$310KIncome needed
5.3×Price ÷ income
$1,735Weekly 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.

92%mortgage
Mortgage $7,520Property tax $650Total carry $8,171

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)
$7,044per month

Mortgage amount $1,320,000 · 4.14% over 25 years

$330,000Down payment (20.0%)
$1,320,000Loan before insurance
$0CMHC premium
$7,694Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,044
Property tax
$650
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,694

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

One-time closing costs

Ontario land transfer tax
$29,475
Toronto municipal land transfer tax
$29,475
Estimated closing costs
$58,950

Plus your down payment of $330,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,556/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

$793,203Total interest paid
$2,113,203Total of all payments
Principal $1,320,000 Interest $793,203
YearPrincipalInterestBalance
1$30,923$53,605$1,289,077
2$32,217$52,312$1,256,860
3$33,564$50,964$1,223,296
4$34,968$49,560$1,188,328
5$36,431$48,097$1,151,898
6$37,955$46,574$1,113,943
7$39,542$44,986$1,074,401
8$41,196$43,332$1,033,205
9$42,919$41,609$990,286
10$44,714$39,814$945,571
11$46,585$37,943$898,986
12$48,533$35,995$850,453
13$50,563$33,965$799,890
14$52,678$31,850$747,211
15$54,882$29,646$692,329
16$57,178$27,351$635,152
17$59,569$24,959$575,582
18$62,061$22,467$513,521
19$64,657$19,871$448,865
20$67,361$17,167$381,503
21$70,179$14,349$311,324
22$73,114$11,414$238,210
23$76,173$8,355$162,037
24$79,359$5,169$82,678
25$82,678$1,850$0

At the end of your 5-year term

Total paid over the term
$422,641
Principal paid down
$168,102
Interest paid
$254,538
Balance remaining
$1,151,898

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
2.2%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.

3.1%
Gross yield
− Property tax $7,805− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,651

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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