514-319 Merton Street, Toronto, ON
Mount Pleasant West, Toronto · MLS® C13485340
About this home
Luxuriously renovated and beautifully fully furnished 2 bedrooms plus den/home office (separate room with French doors), 2 full bathrooms, bright south-west corner suite, 1272sf, featuring spectacular unobstructed views overlooking gorgeous green space, offering full morning and afternoon sunlight plus a large terrace! All interiors are fully renovated by interior designer Ferreira Design, rated as "Canada's top 100" in House and Home magazine. Fabulous contemporary art collection curated by Dahlia S L Gallery. Beautiful light oak herringbone floors in Parisian style. High 9-foot smooth ceilings with pot lights and crown moulding. Gorgeous kitchen with marble counters, luxury appliances including a Miele induction oven, Viking fridge-freezer, Le Creuset cookware, Krups espresso maker, and all necessities for cooks and bakers, plus all the cookware and dinnerware you need. Large living room and dining room space with a walk-out to the private sun-filled terrace with cafe seating for three, a daybed, and an umbrella. Spacious primary bedroom with open spa-like ensuite that takes in full daylight, plus large custom built-in closet and two additional closets. Great-sized second bedroom with two single beds and a double-door closet. Designer light fixtures and window coverings. Parking spot with EV Level 5 charger and 2 secure bike spots. Washer/dryer. The modern, beautifully renovated amenities include a 24-hr concierge, visitor parking, Indoor pool, hot tub, sauna, gym, yoga classes, party room, billiard room with TV, two guest suites, and a car wash on the lower parking level. Walk to the Davisville subway. Exceptional local schools within walking distance (Davisville Jr, Hodgson(7-8), North Toronto CI, Northern). Great local daycare. Fabulous local coffee shops, restaurants, and shopping. Walk to all your daily needs. Short walk to Yonge & St. Clair & Yonge & Eglinton. Short drive to Yorkville and the Financial District. 40 Mins to Pearson & Island airport.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13485340
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Yonge & Davisville
- Parking
- 1 garage (underground)
- Basement
- Other
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- South West
- Days on market
- 26
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
hardwood floor · w/o to terrace · sw view
modern kitchen · marble counter · stainless steel appl
hardwood floor · 3 pc ensuite · b/i closet
closet · 3 pc bath
hardwood floor · double closet · west view
hardwood floor · b/i shelves · french doors
hardwood floor · south view · crown moulding
balcony · sw view
Listed at $5,100/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.
Based on 7 similar rentals nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths.
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, listed at $4,100/mo
- Size difference +$746/mo
- Bedrooms +$150/mo
- Adjusts to $4,996/mo
That comparable adjusts to $4,996/mo; the $4,996/mo estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a more car-dependent spot, so buyers here typically drive. Talwood Drive (North) is about a 7-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $4,996/mo, median of 7 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
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.
Getting around
Car-DependentA 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.
Almost all errands require a car — groceries and transit are a drive away.
🚉 Nearest transit: Talwood Drive (North), about 589 m away
Within a 15-minute (1.5 km) walk.
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 20, 2026); conventional rates run a little higher.
Mortgage amount $4,080 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $22
- Property tax
- $3
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $25
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26
- Toronto municipal land transfer tax
- $26
- Estimated closing costs
- $51
Plus your down payment of $1,020. 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
- $1,306
- Principal paid down
- $520
- Interest paid
- $787
- Balance remaining
- $3,560
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.