116-40 Merchant Lane, Toronto, ON
Dufferin Grove, Toronto · MLS® C13583668
About this home
Modern townhouse living in the popular Junction Triangle! At approximately 1,100 sq ft across two floors, this two bedroom plus den condo townhouse features a bright and spacious living room, generously sized kitchen with stainless steel appliances, and a separate dining space with walk out to a private terrace on the main level. Head on upstairs to a large principal bedroom with a semi ensuite, plus a second bedroom and den, ideal for a growing family and working from home. Get on public transit via a short walk to Dundas West TTC, Bloor West GO and UP stations. The neighbourhood is a great blend of tranquility and vibrancy, with High Park and Roncesvalles neighbourhoods not to far off, plus nearby schools, shops on Bloor West, and a resident-only children's playground. One parking spot included.
Key facts
- Property type
- Condo Townhouse, Stacked Townhouse
- MLS®
- C13583668
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199
- Cross streets
- Bloor & Dundas St W
- Parking
- 1 garage (underground)
- Basement
- Half
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Stucco (Plaster)
- Exposure
- South
- Days on market
- 4
- Listing brokerage
- PROPERTY.CA INC.
Rooms
closet · window
Broadloom
parquet · w/o to terrace
stainless steel appl · quartz counter · backsplash
large closet · broadloom · window
parquet · closet
Listed at $3,250/mo, and my independent estimate is right in line with comparable rentals.
In Dufferin Grove lately, landlords get about 100% of asking; homes lease in ~17 days.
Total price vs nearby homes. Fair value about $3,404/mo, median of 73 comparables.
How this estimate is builtthe short version
I take the 73 most comparable recent leases nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent lease prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Perth Avenue Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Dufferin Grove, so I widened the search to the surrounding area.
Based on 73 comparable rentals that recently leased nearby.
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 homes3 days faster than the Toronto average (7 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Dufferin Grove, 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROPERTY.CA INC.. MLS®/PropTx.