$879,000 - 18 Merton Street Unit 906, Leaside
Condo for Sale in Leaside
71 days on market- MLS Number
- C12972332
- Property Type
- Condo
- Status
- active
- Days on Site
- 71
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Ensuite+Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to a show stopping, fully reimagined 2-bedroom+den, 3-bathroom loft that delivers style, scale, & sophistication at every turn. Spanning over 1,400 square feet, this rare offering has been redesigned from top to bottom with impeccable attention to detail and includes underground parking & a storage locker for ultimate convenience. From the moment you step inside, you're greeted by sleek luxury waterproof vinyl plankflooring, striking custom built-ins, & a chic carpeted stair runner that adds both warmth & drama. The open-concept main level is an entertainer's dream, highlighted by a chef-worthy kitchen complete with full-sized stainless steel appliances (backed by an extended 5-year warranty), quartz countertops & backsplash, & statement LED lighting & designer sconces that set the mood. Indulge in not one, but 3 spa-inspired bathrooms, each finished with premium Italian porcelain tile, floating vanities, & elevated fixtures that feel straight out of a boutique hotel. The expansive primary retreat features a walk-in closet, a stunning en-suite, & a private balcony-your personal escape for morning coffee or evening unwinding. A second balcony off the kitchen & dining area is perfect for alfresco dining, hosting friends, or rolling out your yoga mat under the sky. The versatile main-floor den easily transforms into a third bedroom, stylish home office, or guest suite. Floor-to-ceiling, south-facing windows bathe the home in natural light all day long, enhancing the airy, loft-style vibe. Located in a dynamic, highly walkable community with an exceptional Walk Score of 97, everything you need is right outside your door-TTC, grocery, cafes, acclaimed restaurants, parks, schools, daycare, pharmacies, medical clinics, & more! Turnkey, trend-forward, & truly unforgettable, this loft offers the perfect fusion of luxury living & urban energy. Some photos have been virtually staged. Maintenance fees include all utilities except hydro.
Estimate your monthly payments for this property
Estimated Payment
$4,509.73/mo
Includes CMHC insurance ($24,524)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Leaside / Davisville
Leaside / Davisville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Leaside / Davisville
- •Convenient location in Leaside / Davisville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Leaside / Davisville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
18 Merton Street Unit 906, Leaside / Davisville
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $879/sqft, this property is priced in line with current Leaside market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 71 days on site, this property has exceeded the typical selling timeline for Leaside. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.