100 Merkley Square, Toronto, ON

Morningside, Toronto · MLS® E13723298

$995,000
For Sale
Listed 52 days agoNo offer date stated
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4Bedrooms
3Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Welcome, 100 Merkley Sq Toronto.
  • This home Beautiful Large Bungalow On A 115 feet deep Lot In A Desirable Morningside Area.
  • This Well-Built Brick Home Offers, 4 Sizeable Bedrooms, 2.5 Baths, 2 Kitchens, Spacious Family Room.
  • A Short Walk To Schools & Parks.
  • Minutes To Hwy 401, Shopping Mall, Centennial College, University Of Toronto, Centenary Hospital.

Welcome, 100 Merkley Sq Toronto. This home Beautiful Large Bungalow On A 115 feet deep Lot In A Desirable Morningside Area! This Well-Built Brick Home Offers, 4 Sizeable Bedrooms, 2.5 Baths, 2 Kitchens, Spacious Family Room. A Separate Basement Side Entrance Allows Possible In-Law Suite Or Rental Opportunities! Great Central Location! A Short Walk To Schools & Parks. Minutes To Hwy 401, Shopping Mall, Centennial College, University Of Toronto, Centenary Hospital.

Key facts

Property type
Detached, Backsplit 4
MLS®
E13723298
Bedrooms
4
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
45.04 × 115 ft
Cross streets
MERKLEY SQ & ORTON PARK
Parking
1 garage · 5 parking (attached)
Driveway
Available, Front Yard Parking
Basement
Partially Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,200 / 2026
Days on market
52
Listing brokerage
RE/MAX ACE REALTY INC.

Rooms

BedroomUpper3.40 × 3.18 m
Dining RoomMain3.29 × 3.05 m
Bedroom 4Lower4.27 × 3.08 m
Bedroom 2Upper3.40 × 3.08 m
Living RoomMain5.06 × 411.48 m
Bedroom 3Lower4.27 × 3.29 m
RecreationBasement7.44 × 3.99 m
KitchenMain2.44 × 3.17 m
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

The assigned public school is Woburn Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Morningside, 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.

Bendale
$900K
Rouge E11
$1.15M
Cliffcrest
$799K
Wexford-Maryvale
$849K
Steeles
$1.20M

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 Woburn Collegiate Institute
66%
Woburn Collegiate InstitutePublic · Secondary · 1.2 km awayBelow the GTA average · 66% meet the provincial standard
Henry Hudson Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Heather Heights Junior Public School · Public elementary0.1 km · 64% at standard
George B Little Public School · Public elementary0.6 km · 54% at standard
Churchill Heights Public School · Public elementary0.9 km · 78% at standard
Woburn Junior Public School · Public elementary1.2 km · 67% at standard
Golf Road Junior Public School · Public elementary1.2 km · 56% at standard
Tecumseh Senior Public School · Public elementary1.3 km
Highcastle Public School · Public elementary1.4 km · 65% at standard
St Barbara Catholic School · Catholic elementary1.4 km · 55% at standard
Alternative Scarborough Education 1 · Public secondary1.5 km
St Edmund Campion Catholic School · Catholic elementary1.5 km · 78% at standard
Willow Park Junior Public School · Public elementary1.5 km · 27% at standard
St Margaret's Public School · Public elementary1.6 km · 57% at standard

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

Affordability & Mortgage

Affordability
$4,535/mo
$187KIncome needed
5.3×Price ÷ income
$1,047Weekly cost
$32,750Land 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.

93%mortgage
Mortgage $4,535Property tax $350Total carry $4,885

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)
$4,401per month

Mortgage amount $796,000 · 4.49% over 25 years

$199,000Down payment (20.0%)
$796,000Loan before insurance
$0CMHC premium
$4,751Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,401
Property tax
$350
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,751

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

One-time closing costs

Ontario land transfer tax
$16,375
Toronto municipal land transfer tax
$16,375
Estimated closing costs
$32,750

Plus your down payment of $199,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,327/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

$524,366Total interest paid
$1,320,366Total of all payments
Principal $796,000 Interest $524,366
YearPrincipalInterestBalance
1$17,763$35,051$778,237
2$18,570$34,245$759,667
3$19,413$33,402$740,254
4$20,294$32,520$719,959
5$21,216$31,599$698,743
6$22,179$30,635$676,564
7$23,186$29,628$653,378
8$24,239$28,576$629,139
9$25,339$27,475$603,800
10$26,490$26,325$577,310
11$27,693$25,122$549,617
12$28,950$23,865$520,667
13$30,265$22,550$490,402
14$31,639$21,176$458,764
15$33,075$19,739$425,688
16$34,577$18,238$391,111
17$36,147$16,668$354,965
18$37,788$15,027$317,176
19$39,504$13,311$277,673
20$41,297$11,517$236,375
21$43,173$9,642$193,203
22$45,133$7,682$148,070
23$47,182$5,633$100,888
24$49,324$3,490$51,564
25$51,564$1,251$0

At the end of your 5-year term

Total paid over the term
$264,073
Principal paid down
$97,257
Interest paid
$166,817
Balance remaining
$698,743

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$2,300/mo
$27,600Gross annual rent
1.9%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.

2.8%
Gross yield
− Property tax $4,200− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,964

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

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