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New1 hour ago

207 - 119 Merton Street

Mount Pleasant West, Toronto

$595,000

Condo Apartment |
1 | 2 | 1 | 1
About this home

If the typical condo isn't quite your style, welcome to 119 Merton. This is a loft for those who want something a little cooler, a little moredistinctive, and a lot more interesting than the standard condo box, without paying a premium for it.With soaring ceilings and a true loft inspired feel, this bright and versatile space offers the kind of character that is increasingly hard to find atthis price point. The open concept layout gives you room to live, work, entertain and make the space your own, while the elevated ceilingheight creates an airy sense of volume that makes the home feel far larger than you might expect.And then there is the value. Low maintenance fees that include **all utilities** make this an exceptionally affordable way to enjoy city living,while your own parking space and locker add the convenience and functionality buyers are looking for.The building itself is tucked quietly just off Yonge Street, offering a peaceful retreat from the pace of the city while keeping you remarkablyclose to everything. Perfectly positioned between Yonge & Eglinton and Leaside, you are steps from an incredible mix of restaurants, cafés,shops, grocery stores, parks and everyday essentials. Transit is right nearby, making commuting and exploring the city effortless.Whether you're a first time buyer looking to get into a sought after neighbourhood, a professional wanting a low maintenance home withpersonality, or simply someone who doesn't want to settle for another cookie cutter condo, this one deserves a look.Affordable, low maintenance and full of character, with an unbeatable location. 119 Merton is city living without the usual compromises.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleLoft
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$585
LockerOwned
BalconyJuliette
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,390
mls© NumberC13811346
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water Included
Common Elements Included
CAC Included
Hydro Included
Parking Included
Building Insurance Included

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%
$3,045
Property tax
$199
Heat allowance
$150
Condo fees, half counted
$293
Housing costs
$3,687 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,000
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,504 / mo
Cash down
$119,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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