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| Hydro Included | |
| Building Insurance Included | |
| Common Elements Included | |
| CAC Included |




























501 - 225 Merton Street
Mount Pleasant West, Toronto
$592,000
Welcome to your own slice of paradise in the heart of Midtown, where the Kay Gardner Beltline Trail is practically your backyard. Morning run? Evening stroll? Taking Fido out for a spin? Just step outside and you're there. Inside, this spacious one-bedroom-plus-den suite has plenty to love. The primary bedroom easily accommodates a king-size bed and offers exceptional closet space, including a walk-in, along with peaceful views of the Beltline treetops. The newly renovated kitchen is fresh, bright and made for entertaining, with quartz countertops, a breakfast bar and an open-concept layout that keeps you connected to your guests. But the real showstopper? The terrace. Overlooking the lush greenery of the Beltline, it feels like your own private escape from the city. Need to work from home? The enclosed den gives you a proper office with a door you can close at the end of the day. And the location? Hard to beat. Davisville subway station, groceries, coffee shops, restaurants, gyms and the movie theatre are all just steps away. City convenience. Treetop views. The Beltline at your doorstep. This is Midtown living done right.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 16-30 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $854 |
| Locker | Common |
| Balcony | Terrace |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,977 |
| mls© Number | C13786210 |
| Listed By | BOSLEY REAL ESTATE LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,030
- Property tax
- $248
- Heat allowance
- $150
- Condo fees, half counted
- $427
- Housing costs
- $3,855 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$119,000
gross annual household income
- Payment at 4%
- $2,491 / mo
- Cash down
- $118,400
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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