1705-35 Merton Street, Toronto, ON

Mount Pleasant West, Toronto · MLS® C13851540

$795,000
For Sale
Listed 17 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Welcome to 35 Merton St, where you can enjoy sophisticated living and convenience in the Heart of Midtown - backing onto the Belt Line.
  • This is a rarely available spacious split 2 bedroom, 2 bathrooms high floor corner suite overlooking expansive green space.
  • The marble-floor entryway w/ double closet, transitions into the light filled living/dining area with gleaming hardwood flooring - serving as the central hub of the home.
  • Residents enjoy the 24-hour concierge service, an exercise room, shared outdoor patio with BBQ, a recently renovated ground-floor party room, and parking for guests.
  • Ideally located just minutes from Yonge & Davisville, in a vibrant neighbourhood close to TTC, parks, cafes, dining, shopping, w/ easy access to downtown.

Welcome to 35 Merton St, where you can enjoy sophisticated living and convenience in the Heart of Midtown - backing onto the Belt Line. This is a rarely available spacious split 2 bedroom, 2 bathrooms high floor corner suite overlooking expansive green space. The well-cared for building and its sense of community is cherished by its residents. Only 7 units on the 17th floor; #1705 boasts 952 sq ft, 8 ft ceilings & large windows throughout. Offers a well-placed layout, including combined living & dining, a bright separate kitchen w/ stainless steel appliances that leads to the 6 ft x 11.5 ft balcony - extending the living space to outside to an elevated & unobstructed view of the city and nature. With 2 generous sized bedrooms - the primary has plenty of room for a king size bed, an ensuite & walk-in closet. The marble-floor entryway w/ double closet, transitions into the light filled living/dining area with gleaming hardwood flooring - serving as the central hub of the home. Ensuite laundry. Freshly painted. Vacant & move-in ready. Residents enjoy the 24-hour concierge service, an exercise room, shared outdoor patio with BBQ, a recently renovated ground-floor party room, and parking for guests. Maintenance fees include all utilities, as well as Bell Fibe 300 channel TV & internet package. Enjoy the ease of a dedicated parking spot in the underground lot close to the exit door and your locker room. This is a pet-free building. Ideally located just minutes from Yonge & Davisville, in a vibrant neighbourhood close to TTC, parks, cafes, dining, shopping, w/ easy access to downtown. Nearby schools: Davisville Jr PS, Hodgson Middle School, North Toronto CI and Greenwood. An ideal combination of convenience, urban living and a peaceful retreat. A desirable address w/ high resident retention - it's a must see! (Note: images with furniture have been virtually staged)

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13851540
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Yonge & Davisville
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Roof
Unknown
Maintenance
$1,338/mo
Exposure
South East
Property tax
$3,801 / 2025
Days on market
17
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT

Rooms

Bedroom 2Flat12.30 × 8.11 m

double closet · hardwood floor · large window

Primary BedroomFlat13.20 × 11.00 m

3 pc ensuite · walk-in closet(s) · hardwood floor

Living RoomFlat21.70 × 10.60 m

combined w/dining · walk-out

KitchenFlat12.80 × 8.00 m

b/i dishwasher · double sink · w/o to balcony

Dining RoomFlat21.70 × 10.60 m

Combined w/Living

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Kensington-Chinatown
$578K
Moss Park
$495K
Waterfront Communities C8
$525K
Waterfront Communities C1
$699K
Little Portugal
$549K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

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
Eglinton Junior Public School · Public elementary1.4 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
Oriole Park Junior Public School · Public elementary1.4 km · 100% at standard
Forest Hill Junior and Senior Public School · Public elementary1.5 km · 82% at standard
Northern Secondary School · Public secondary1.6 km · 82% at standard
Whitney Junior Public School · Public elementary1.7 km · 94% at standard
Maurice Cody Junior Public School · Public elementary1.7 km · 90% at standard
John Fisher Junior Public School · Public elementary1.8 km · 85% at standard
Marshall McLuhan Catholic Secondary School · Catholic secondary1.8 km · 74% at standard

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

Affordability & Mortgage

Affordability
$3,623/mo
$177KIncome needed
4.5×Price ÷ income
$836Weekly cost
$24,750Land 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.

69%mortgage
Mortgage $3,623Property tax $317Condo fee $1,338Total carry $5,278

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,517per month

Mortgage amount $636,000 · 4.49% over 25 years

$159,000Down payment (20.0%)
$636,000Loan before insurance
$0CMHC premium
$5,171Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,517
Property tax
$317
Condo / maintenance fees
$1,338
Heating
$0
Estimated monthly cost
$5,171

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

One-time closing costs

Ontario land transfer tax
$12,375
Toronto municipal land transfer tax
$12,375
Estimated closing costs
$24,750

Plus your down payment of $159,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,256/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

$418,966Total interest paid
$1,054,966Total of all payments
Principal $636,000 Interest $418,966
YearPrincipalInterestBalance
1$14,193$28,006$621,807
2$14,837$27,361$606,970
3$15,511$26,688$591,459
4$16,215$25,983$575,244
5$16,951$25,247$558,293
6$17,721$24,478$540,571
7$18,526$23,673$522,046
8$19,367$22,832$502,679
9$20,246$21,953$482,433
10$21,165$21,033$461,268
11$22,126$20,072$439,141
12$23,131$19,068$416,010
13$24,181$18,017$391,829
14$25,279$16,919$366,550
15$26,427$15,772$340,123
16$27,627$14,572$312,496
17$28,881$13,317$283,615
18$30,193$12,006$253,422
19$31,563$10,635$221,859
20$32,996$9,202$188,863
21$34,495$7,704$154,368
22$36,061$6,138$118,307
23$37,698$4,500$80,609
24$39,410$2,789$41,199
25$41,199$999$0

At the end of your 5-year term

Total paid over the term
$210,993
Principal paid down
$77,707
Interest paid
$133,286
Balance remaining
$558,293

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$3,050/mo
$36,600Gross 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.

4.6%
Gross yield
− Property tax $3,801− Condo fees $16,051− Insurance $600− Vacancy & upkeep $4,026Net operating income $12,122

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT. MLS®/PropTx.

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