1007-195 Merton Street, Toronto, ON
Mount Pleasant West, Toronto · MLS® C13586146
About this home
This is a great opportunity to own one of the largest units in one of the City's best run buildings. Rare 3 Bedroom Southeast Corner Suite. Gorgeous green views from your covered south facing private balcony. Crystal clear views of the Toronto skyline. This Suite features a well thought out split plan for Bedrooms 1 and 2 while Bedroom 3 offers future flexibility /office use with a beautiful Murphy-Bed custom build. Upgrades abound in this clean and freshly bright 1,386 square foot condo. New real Hardwood floors laid throughout, brand new appliances, new custom built-ins and cabinetry, accompanied by a cozy electric fireplace for ambiance and enjoying the social layout of this large mid-town condo suite. Open concept is the name of the game here for living and dining, complete with an eat-in kitchen, generously sized Primary Suite is complete with a 4 Piece Ensuite Bath and Walk-in closet with organization. Bedrooms 2 and 3 have double closets and large windows and every room in this Suite has a great view. An absolute Gem! North Toronto C.I., restaurants, good coffee, walk to subway, downtown in minutes, shopping, this won't last.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13586146
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Yonge/Davisville
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,726/mo
- Exposure
- South East
- Property tax
- $5,686 / 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
ceramic floor · breakfast area · eat-in kitchen
south view · overlook greenbelt
ceramic floor · large window · east view
Hardwood Floor
hardwood floor · murphy bed
hardwood floor · ensuite bath · walk-in closet(s)
hardwood floor · large window · double closet
hardwood floor · fireplace
hardwood floor · open concept · large window
Listed at $1,449,900, this home is tracking about 16% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 76 similar homes nearby, adjusted for size, beds, and baths.Median of 76 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, a bit lower.
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 $1.38M
- Adjusts to $1.38M
That comparable adjusts to $1.38M; the $1.25M estimate above is the median of all 76 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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. Pailton Crescent is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.25M, median of 76 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.
- 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.
- Lifestyle
- Value driver
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 homesThis home lists 15% above the area average of $973/sqft.
View comparable listingsPrice per square foot vs the area average.
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
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: Pailton Crescent, about 268 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 21, 2026); conventional rates run a little higher.
Mortgage amount $1,159,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,190
- Property tax
- $474
- Condo / maintenance fees
- $1,726
- Heating
- $0
- Estimated monthly cost
- $8,390
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,473
- Toronto municipal land transfer tax
- $25,473
- Estimated closing costs
- $50,946
Plus your down payment of $289,980. 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
- $371,386
- Principal paid down
- $147,716
- Interest paid
- $223,670
- Balance remaining
- $1,012,204
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 LTD.. MLS®/PropTx.