$1,899,000 - 208A Merton Street, Leaside
Townhouse for Sale in Leaside
- MLS Number
- C13143028
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Leaside / Davisville
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
208A Merton is a lifestyle destination for those who crave sophistication, comfort, and connection in one of Torontos most vibrant enclaves. This rare freehold townhouse offers the ease of ownership without the fees, combining the freedom of a house with the low-maintenance appeal of urban living. Wake up in your sun-drenched primary suite, pour a coffee, and head upstairs to your 534 square foot rooftop terrace. Wrapped in skyline views, surround sound, and featuring a fully automated Rolltec awning, it is your private retreat in the sky. Spend evenings dining alfresco under the stars or curling up beside the glow of the gas fireplace in your elegant living room, with built-in shelves and crown moulding framing the space. Inside, this home balances contemporary design with timeless warmth. Soaring 10 foot ceilings on the main level create a gallery-like feel, perfect for entertaining. The chefs kitchen, with its high-end appliances, granite counters, and ceiling-height shaker cabinetry, opens seamlessly to a walk-out balcony with a gas line.Upstairs, the versatile layout adapts to your lifestyle. Whether you envision a stylish media lounge, a dressing room worthy of a magazine spread, or a cozy guest suite, every space is rich with light, storage, and thoughtful finishes. Heated floors in all bathrooms and the foyer add a daily touch of luxury, and integrated speakers let you soundtrack your moments with ease. And when the city calls, you are just steps to the Beltline Trail, Davisville subway, and the boutiques and cafés of Yonge Street, along with top-rated schools and a true sense of community. A rare built-in two car garage, central vacuum, alarm system, and custom window coverings complete the offering. This is turnkey Midtown living for those who want it all style, function, and the freedom to live beautifully.
Estimate your monthly payments for this property
Estimated Payment
$8,399.92/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.
208A Merton Street, 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 $950/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.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Leaside have shown strong appreciation as families seek more space.
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 $7,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.