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Listed 26 days ago

412 - 119 Merton Street

Mount Pleasant West, Toronto

$648,000

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

Urban Loft Living - The Best Value in the Building! Welcome to The Metro Lofts! This light-filled, 2-story loft offers 720 sq ft of smart, functional living space at the best price per square foot in the entire building. Perfect for first-time buyers looking to get into a highly sought-after community. The main floor features a modern kitchen with stainless steel appliances and a breakfast bar, opening up to a bright living area with sunny southwest exposure and beautiful treetop views. Step outside onto your cute private balcony-the perfect spot for your morning coffee. This floor also boasts a convenient powder room, keeping your upstairs space entirely separate. Upstairs, the cozy second-floor bedroom features its own private full ensuite bath. Having two bathrooms (including a main-floor powder room) is a rare find for a one-bedroom loft and ideal for hosting guests! Unbeatable location just steps to the Kay Gardner Beltline, lush ravine trails, and the TTC, with a quick walk to both Davisville and Yonge & St. Clair shops and dining.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleLoft
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$707
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,015
mls© NumberC13543846
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$3,317
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$354
Housing costs
$4,072 / mo

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

Down payment20% · $129,600
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,727 / mo
Cash down
$129,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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