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    Toronto / Midtown / Mount Pleasant East

    425 - 119 Merton St

    For SaleThe Metro
    $695,000
    1 Bed + 1
    2 Bath
    1 Parking
    840 SQFT
    1 Day on Strata
    Est Sell Timeframe
    4 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $752/mth
    Taxes:
    $2,985 (2023)
    Cost Per Sqft:
    $827/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Living
    Irregular Room, Combined with Dining, Walkout To Balcony
    19.65 x 14.67ft
    Dining
    Irregular Room, Combined with Living
    19.65 x 14.67ft
    Kitchen
    Granite Counter, Stainless Steel Appliances
    9.68 x 8.07ft

    About this Listing

    Welcome to 119 Merton St! This bright, open-concept loft-style condo has so much to offer. Enjoy an efficient 840 sq/ft layout including 1 bedroom, 2 washrooms, and a den for any of your work-from-home needs. This unit also includes a massive locker space with ample storage conveniently located right behind your parking spot. Load your belongings right from your car into storage and vice versa. Wake up every morning to a wall of trees on your tranquil south-facing balcony that faces a large greenspace, making 119 Merton the perfect balance of enjoying central city living and the outdoors. Multiple options for nearby parks and a short distance away from Toronto's extensive ravine system which has miles and miles of paved and dirt trails. *Note some photos are virtually staged*

    ExtrasFantastic location with tons of shopping, entertainment, and options to get around the city. A short walk to Davisville Subway Station or a short drive to The Don Valley Parkway allows for quick and easy travel across the city.

    royal lepage signature susan gucci realtyMLS® #C9355812

    Amenities

    BBQ
    Bike Storage
    Games Room
    Security System
    Gym Room
    Indoor Parking

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,396
    Average Individual Income
    $62,966
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $112,148
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    21%
    Low Rise Apartment
    11%
    High Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    16%
    Mandarin
    15%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Metro vs The Mount Pleasant East Area

    Building Trends At The Metro

    Days on Strata

    Units at The Metro spend an average of
    13
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant East

    Turnover of Units

    On average, each unit is owned for
    3.8
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 50 condos in the Mount Pleasant East area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    The Metro offers the
    ?
    best value out of 50 condos in the Mount Pleasant East neighbourhood

    Appreciation Rank

    The Metro has the
    ?
    highest ROI out of 50 condos in the Mount Pleasant East neighbourhood

    Rental Yield

    The Metro yields the
    ?
    highest rent prices out of 50 condos in the Mount Pleasant East neighbourhood

    High Demand

    The Metro is the
    ?
    most popular building out of 50 condos in the Mount Pleasant East neighbourhood

    Transaction Insights at 119 Merton Street

    1 Bed1 Bed + Den2 Bed
    Price Range$489,400 - $680,000$690,000 - $770,000$1,350,000
    Avg. Cost Per Sqft$969$909$1,165
    Avg. Wait for Unit Availability131 Days54 Days122 Days
    Ratio of Units in Building23%48%30%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant East