310 Merton Street, Toronto C10

Price: $1,490,000

3 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: C12957980

Rare opportunity to own in the heart of Midtown. This recently upgraded New York-inspired, freehold townhome offers luxury and privacy with soaring 10' coffered ceilings, a private elevator, modern finishes, and walnut floors throughout. Features include a wine cooler, surround sound system, heated bathroom floors, and a heated garage. The rooftop terrace is ideal for entertaining. Prime location just 10 minutes to Downtown, a 10-minute walk to the subway, minutes to the Beltline and trails, and close to the local famous shops and restaurants.

310 Merton Street - Townhouse photo 1 of 34 in Leaside / Davisville, Ontario
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active
New Listing
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$1,490,000 - 310 Merton Street, Leaside

Townhouse for Sale in Leaside

New — Listed yesterday
3Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
C12957980
Property Type
Townhouse
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Leaside / Davisville
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Rare opportunity to own in the heart of Midtown. This recently upgraded New York-inspired, freehold townhome offers luxury and privacy with soaring 10' coffered ceilings, a private elevator, modern finishes, and walnut floors throughout. Features include a wine cooler, surround sound system, heated bathroom floors, and a heated garage. The rooftop terrace is ideal for entertaining. Prime location just 10 minutes to Downtown, a 10-minute walk to the subway, minutes to the Beltline and trails, and close to the local famous shops and restaurants.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,590.77/mo

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5-yr fixed avg.

Principal: $1,192,000Interest: $785,232
Mortgage Amount$1,192,000
Total Interest$785,232
Est. Property Tax$1,055/mo
Total Cost$1,977,232

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.

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Neighbourhood Guide: Leaside / Davisville

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

310 Merton Street, Leaside / Davisville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,730/mo
Range: $2,321 - $3,139
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,730
Maintenance Fees-$0
Property Tax (est.)-$1,055
Insurance (est.)-$310
Net Cash Flow+$1,365

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $993/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.

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 $6,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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