$1,040,000 - 18 Merton Street Unit PH1114, Leaside
Condo for Sale in Leaside
New — Listed 2 days ago- MLS Number
- C13415134
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Leaside / Davisville
- Locker
- Owned
- Exposure
- East West
- Balcony
- Terrace
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
WOW! Check out this show stopping private and unobstructed 972sf rooftop terrace overlooking Davisville Village with recent upgrades! Perfect for entertaining, relaxing and taking in the magnificent views of the City! Stunning 1,153sf penthouse with towering 17ft windows flood the loft with abundant natural light, making this unit bright, airy and incredibly inviting. Floor to ceiling windows continue in the the well-appointed kitchen with modern appliances, overlooking one of two balconies. Large primary bedroom lined with panoramic windows, 3pc ensuite, large closet and direct access to second balcony, it'll quickly be the preferred spot for your morning coffee. Spacious second bedroom with 4pc ensuite and large closet. Main floor bedroom can conveniently be used as an office, with access to common 3pc bath. Rare two parking spaces and a large owned locker. Everything you need is at your doorstep: mere steps to Davisville Subway Station, The Beltline Trail, great restaurants, shopping, several prestigious schools and so much more. Welcome to the good life in Midtown Toronto!
Estimate your monthly payments for this property
Estimated Payment
$4,600.27/mo
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 PH1114, 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 $1040/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Leaside's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $4,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.