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New3 hours ago

505 - 35 Merton Street

Mount Pleasant West, Toronto

$649,000

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

Welcome to 35 Merton, a luxury building ideally located in the heart of the city backing onto the Beltline. This well-cared for building has 24 hr.concierge and a strong sense of community.Step into this bright 846 sq.ft. corner unit with windows on two sides and an abundance of natural light.Open concept well-designed living and dining room with sliding doors to the balcony.The primary bedroom has a walk-in closet and a double closet. The 2nd bedroom has an additional walk-out to the balcony perfect for enjoying your morning coffee or some fresh air.Brand-new luxury high quality vinyl flooring throughout and beautifully freshly painted. Enter into the welcoming foyer with ceramic floor and a double hall closet. Underground parking right near the door to the elevator.Maintenance fees include: heat, hydro, water, common elements, building insurance, parking, Bell Better Package TV with 300 channels, and Bell Fibre Internet with 1.5G high-speed service.A bright, spacious, move-in-ready corner suite in an unbeatable location. This is a no-pet building.Enjoy the convenience everything this coveted building has to offer. Steps from Yonge Street, with an exceptional selection of restaurants, shops, cafes, transit, and everyday amenities right at your doorstep including the treed Beltline for your morning nature walks. No surprise that there is not alot of turnover in this building.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,197
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,008
mls© NumberC14080618
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Water Included
Heat Included
Hydro Included
Cable TV Included
Parking Included
Common Elements Included
CAC 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%
$3,322
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$599
Housing costs
$4,321 / mo

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

Down payment20% · $129,800
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$2,731 / mo
Cash down
$129,800

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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