246-139 Merton Street, Toronto, ON
Mount Pleasant West, Toronto · MLS® C13868894
About this home
In short
- Beautiful bright south-east corner 2-storey loft.
- One bedroom plus den, 750sf interior space plus a private south-facing covered terrace (BBQ allowed).
- Modern open-concept kitchen with granite countertops, full-size appliances, a large window in the kitchen, plus an extra-large pantry for loads of storage.
- Spacious living and dining room area with soaring high 16-foot ceilings.
- Five minutes walk to the Davisville subway station.
Beautiful bright south-east corner 2-storey loft. One bedroom plus den, 750sf interior space plus a private south-facing covered terrace (BBQ allowed). Newer floors (2023) and newer window coverings (2023). Modern open-concept kitchen with granite countertops, full-size appliances, a large window in the kitchen, plus an extra-large pantry for loads of storage. The large pantry can easily be converted back to a 2-piece powder room, which was a part of the original builder floor plan (current owner converted the 2-piece bathroom to the pantry; all the plumbing is still there to be used). Spacious living and dining room area with soaring high 16-foot ceilings. Walk out to the private south-facing terrace featuring gorgeous sunny and private treed views. Great-sized Bedroom and den/home office on the second level with a large walk-in closet with custom shelving and gorgeous south-east treed views. Spacious 4-piece bathroom with a window. Large walk-in laundry room with fabulous additional storage space. Locker included. Low maintenance fees with all utilities included. Party room, underground visitor parking, bike storage. Direct access to the Kay Gardner Beltline Trail at the back of the building. Five minutes walk to the Davisville subway station. Enjoy the abundance of amenities along Yonge St & Mount Pleasant Rd. Short Walk To Yonge & Eglinton and Yonge & St Clair. Experience Midtown Toronto living at its finest! Parking space is available to rent from an owner in the building at $125/month.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C13868894
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 700-799 sq ft
- Cross streets
- Yonge & Davisville
- Parking
- 1 garage · 0 parking (underground)
- Basement
- Other
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete, Brick
- Maintenance
- $673/mo
- Exposure
- South East
- Property tax
- $3,250 / 2025
- Days on market
- 13
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
laminate · w/o to terrace · se view
laminate · combined w/br
Laminate
laminate · combined w/dining
Separate Room
w/o to terrace · se view
laminate · walk-in closet(s) · se view
laminate · granite counters · pantry
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 readOn 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
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $479,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,654
- Property tax
- $271
- Condo / maintenance fees
- $673
- Heating
- $0
- Estimated monthly cost
- $3,597
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,473
- Toronto municipal land transfer tax
- $8,473
- Estimated closing costs
- $16,946
Plus your down payment of $119,980. 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
- $159,214
- Principal paid down
- $58,637
- Interest paid
- $100,576
- Balance remaining
- $421,283
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 CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.