68 Merton Street Unit 202, Toronto C10

Price: $549,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: C13232884

Beautifully located in the heart of Yonge and Merton, this stylish condo offers a mix of convenience and neighbourhood charm, just minutes from Davisville Subway and steps to the Kay Gardner Beltline Trail. This spacious one bedroom plus den, two bathroom suite features modern finishes and a well designed open concept layout. The tucked away den is perfect for a home office. The area is surrounded by shops, cafés, restaurants, and parks nearby, and residents enjoy easy access to transit and walking trails, making it a great spot to call home.

68 Merton Street Unit 202 - Condo photo 1 of 17 in Leaside / Davisville, Ontario
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$549,000 - 68 Merton Street Unit 202, Leaside

Condo for Sale in Leaside

Popular Listing
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
C13232884
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Leaside / Davisville
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
PSR
Description

Beautifully located in the heart of Yonge and Merton, this stylish condo offers a mix of convenience and neighbourhood charm, just minutes from Davisville Subway and steps to the Kay Gardner Beltline Trail. This spacious one bedroom plus den, two bathroom suite features modern finishes and a well designed open concept layout. The tucked away den is perfect for a home office. The area is surrounded by shops, cafés, restaurants, and parks nearby, and residents enjoy easy access to transit and walking trails, making it a great spot to call home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,816.65/mo

Includes CMHC insurance ($15,317)

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5%10%50%

5-yr fixed avg.

Principal: $494,100Interest: $335,579
Mortgage Amount$509,417
Total Interest$335,579
Est. Property Tax$389/mo
Total Cost$844,996

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

68 Merton Street Unit 202, Leaside / Davisville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$389
Insurance (est.)-$114
Net Cash Flow+$1,307

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $915/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.

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.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    68 Merton Street Unit 202, Leas… — $549,000 | Battaglia Team