906-18 Merton Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13837624

$798,000
For Sale
Listed 10 days agoNo offer date stated

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2+1Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome home to a beautifully reimagined 2-bedroom + den, 3-bathroom loft offering over 1,100 sq ft of sophisticated urban living.
  • The open-concept main level is made for entertaining, featuring a chef-inspired kitchen with full-size stainless steel appliances (extended 4-year warranty), quartz...
  • The primary retreat offers a walk-in closet, stunning ensuite and private balcony, perfect for morning coffee or unwinding at the end of the day.
  • With a Walk Score of 97, enjoy cafés, restaurants, groceries, parks, the Beltline Trail, transit and everyday amenities right at your doorstep.
  • Davisville Subway Station is nearby, with approximately 11 minutes to Queen Station and 14 minutes to Union Station.

Welcome home to a beautifully reimagined 2-bedroom + den, 3-bathroom loft offering over 1,100 sq ft of sophisticated urban living. Completely transformed from top to bottom, this turnkey residence combines stylish design, exceptional comfort, underground parking and a storage locker. The open-concept main level is made for entertaining, featuring a chef-inspired kitchen with full-size stainless steel appliances (extended 4-year warranty), quartz countertops and backsplash, custom built-ins, designer LED lighting and sleek waterproof vinyl plank flooring. Three spa-inspired bathrooms showcase Italian porcelain tile, floating vanities and elevated fixtures. The primary retreat offers a walk-in closet, stunning ensuite and private balcony, perfect for morning coffee or unwinding at the end of the day. A second balcony off the kitchen and dining area is ideal for alfresco dinners, entertaining or simply enjoying the outdoors. The versatile main-floor Den can easily serve as a third bedroom, home office or guest suite. Floor-to-ceiling south-facing windows fill the home with natural light. With a Walk Score of 97, enjoy cafés, restaurants, groceries, parks, the Beltline Trail, transit and everyday amenities right at your doorstep. Davisville Subway Station is nearby, with approximately 11 minutes to Queen Station and 14 minutes to Union Station. An excellent opportunity to own a stylish property in one of Toronto's exciting neighbourhoods, whether as your full-time home or a convenient city retreat. Coming into Toronto for a weekend to visit family or friends, enjoy theatre, concerts, the opera, dining or a night on the town? Park underground, settle in and enjoy everything the city has to offer. Turnkey, bright and sophisticated, this is where luxury living meets effortless city life. Come see it and picture yourself home. Some photos have been virtually staged. Maintenance fees include all utilities except hydro.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C13837624
Bedrooms
2+1 (3 total)
Bathrooms
3
Size
1000-1199 sq ft
Cross streets
Yonge and Davisville
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Other
Exterior
Concrete, Brick
Roof
Unknown
Maintenance
$1,617/mo
Exposure
South
Property tax
$4,213 / 2026
Days on market
10
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenMain2.57 × 2.36 m

renovated · french doors · closet

KitchenMain2.79 × 2.06 m

renovated · stainless steel appl · south view

Dining RoomMain5.26 × 3.96 m

renovated · vaulted ceiling(s) · balcony

Bedroom 2Second3.58 × 3.05 m

renovated · 4 pc ensuite · walk-in closet(s)

Primary BedroomSecond3.84 × 3.58 m

renovated · 3 pc ensuite · balcony

Living RoomMain5.26 × 3.96 m

renovated · vinyl floor · led lighting

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Davisville Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

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 · 0.3 km awayHigher-rated than most nearby · 86% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Spectrum Alternative Senior School · Public elementary0.3 km
Deer Park Junior and Senior Public School · Public elementary0.8 km · 84% at standard
Oriole Park Junior Public School · Public elementary1.3 km · 100% at standard
Eglinton Junior Public School · Public elementary1.3 km · 70% at standard
Brown Junior Public School · Public elementary1.4 km · 86% at standard
Our Lady of Perpetual Help Catholic School · Catholic elementary1.4 km · 88% at standard
North Toronto Collegiate Institute · Public secondary1.5 km · 88% at standard
Forest Hill Junior and Senior Public School · Public elementary1.5 km · 82% at standard
Maurice Cody Junior Public School · Public elementary1.7 km · 90% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Whitney Junior Public School · Public elementary1.7 km · 94% at standard
John Fisher Junior Public School · Public elementary1.7 km · 85% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,637/mo
$184KIncome needed
4.3×Price ÷ income
$839Weekly cost
$24,870Land transfer tax, one-time (Ontario + Toronto)
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.

65%mortgage
Mortgage $3,637Property tax $351Condo fee $1,617Total carry $5,605

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,530per month

Mortgage amount $638,400 · 4.49% over 25 years

$159,600Down payment (20.0%)
$638,400Loan before insurance
$0CMHC premium
$5,498Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,530
Property tax
$351
Condo / maintenance fees
$1,617
Heating
$0
Estimated monthly cost
$5,498

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

One-time closing costs

Ontario land transfer tax
$12,435
Toronto municipal land transfer tax
$12,435
Estimated closing costs
$24,870

Plus your down payment of $159,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,272/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

$420,547Total interest paid
$1,058,947Total of all payments
Principal $638,400 Interest $420,547
YearPrincipalInterestBalance
1$14,246$28,112$624,154
2$14,893$27,465$609,260
3$15,569$26,788$593,691
4$16,276$26,082$577,415
5$17,015$25,343$560,399
6$17,788$24,570$542,611
7$18,596$23,762$524,016
8$19,440$22,918$504,576
9$20,323$22,035$484,253
10$21,245$21,113$463,008
11$22,210$20,148$440,798
12$23,218$19,140$417,580
13$24,272$18,085$393,308
14$25,375$16,983$367,933
15$26,527$15,831$341,406
16$27,731$14,627$313,675
17$28,990$13,368$284,685
18$30,306$12,051$254,379
19$31,682$10,675$222,696
20$33,121$9,237$189,575
21$34,625$7,733$154,950
22$36,197$6,161$118,754
23$37,840$4,517$80,913
24$39,559$2,799$41,355
25$41,355$1,003$0

At the end of your 5-year term

Total paid over the term
$211,789
Principal paid down
$78,001
Interest paid
$133,789
Balance remaining
$560,399

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$3,400/mo
$40,800Gross annual rent
1.5%Cap rate after taxes and upkeep

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.

5.1%
Gross yield
− Property tax $4,213− Condo fees $19,398− Insurance $600− Vacancy & upkeep $4,488Net operating income $12,101

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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