208A Merton Street, Toronto, ON
Mount Pleasant West, Toronto · MLS® C13584830
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®
- C13584830
- 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
- 2
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Rooms
broadloom · double closet · pot lights
broadloom · double closet · pot lights
hardwood floor · breakfast bar · pot lights
hardwood floor · crown moulding · pot lights
broadloom · walk-in closet(s) · 5 pc ensuite
tile floor · laundry sink · pot lights
hardwood floor · gas fireplace · crown moulding
tile floor · closet · pot lights
Listed at $1,799,000, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Below comparable homes on total price, yet the price per square foot ($800/sqft) is above the area, which usually points to a smaller or more efficient layout.
In Mount Pleasant West lately, sellers have been getting about 94% of asking and homes sell in about 36 days. Prices are down 6% versus a year ago.
There were not many closely comparable homes right in Mount Pleasant West, so I widened the search to the surrounding area.
Based on 36 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 36 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.55M, 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 $1.75M
- Adjusts to $1.75M
That comparable adjusts to $1.75M; the $2.09M estimate above is the median of all 36 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.
Total price vs nearby homes. Fair value about $2.09M, median of 36 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 homesThis home lists 20% above the area average of $666/sqft.
9 days faster than the Toronto average (11 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Pleasant West, Toronto, ON
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) →
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,439,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,680
- Property tax
- $647
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,327
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,455
- Toronto municipal land transfer tax
- $32,455
- Estimated closing costs
- $64,910
Plus your down payment of $359,800. 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
- $460,806
- Principal paid down
- $183,282
- Interest paid
- $277,524
- Balance remaining
- $1,255,918
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 ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.