448-139 Merton St
Mount Pleasant West, Toronto, Ontario M4S 3G7
- Bedrooms
- 2+1
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $758at the range’s middle
- Tax a year
- $4,7362025 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 448-139 Merton St
448-139 Merton St is a 2+1-bedroom, 3-bathroom condo in Mount Pleasant West, Toronto, listed for sale at an asking price of $984,999 (MLS® C13851134).
Welcome to The Metro Lofts - a boutique midtown gem in the heart of Davisville Village. This beautifully renovated two-storey loft offers 1,290 sq. ft. of stylish, light-filled living with new laminate floors (2025), a newly-installed oak staircase with designer pickets, a beautiful modern kitchen with quartz counters, pull-up breakfast bar, abundant cabinetry with gold accents, and an updated Bosch appliance package make cooking and entertaining a joy. An enormous living room area boasts large windows offering fantastic soft light throughout the main floor, while upstairs you'll find a large primary bedroom and a second bedroom, each with their own private ensuite bath, a versatile loft-style den, and laundry with a new Samsung washer and dryer. Both independent HVAC fan coils have been updated and the condo comes with parking and a locker. Steps to the Kay Gardner Beltline Trail, Davisville Subway, Yonge Street shops, and vibrant local dining. A perfect blend of urban convenience and tranquil city living - the kind of home you'll love coming back to.
Insights
Condition Score
Good81/1003 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall17/100−$2,604/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 20 condos with 3 bedrooms for lease in Mount Pleasant West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,736 / 2025
- MLS® number
- C13851134
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 2-Storey
- Community
- Mount Pleasant West
- Municipality
- Toronto
Building
- Size
- 1200-1399 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 2 × 4pc Upper, 1 × 2pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All existing appliances: Bosch refrigerator, Bosch stove/oven, vented microwave, Haier dishwasher, Samsung stacked washer & dryer, plus two HVAC fan coil units with Honeywell programmable thermostats. All electrical light fixtures, wall-mounted TV. All custom-built shelving and built-ins. Locker And Parking. Electric Vehicle Charger can be installed if desired - Confirm With Property Management Office.
- Condo maint.
- $1,215
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.32 × 5.57 m | Laminate, Large Window, Open Concept | Main |
| Dining | 3.52 × 3.92 m | Laminate, Open Concept, Circular Oak Stairs | Main |
| Kitchen | 2.97 × 3.32 m | Laminate, Quartz Counter, Large Window | Main |
| Primary | 3.47 × 4.52 m | 4 Pc Ensuite, Double Closet, Laminate | 2nd |
| 2nd Br | 2.46 × 4.82 m | 4 Pc Ensuite, Laminate, Combined W/Laundry | 2nd |
| Den | 1.78 × 2.2 m | Laminate | 2nd |
| Laundry | 2.3 × 0.8 m | Laminate | 2nd |
| Foyer | 1.5 × 1.2 m | Laminate | Main |
Listing history
Buy/sell history for 448-139 Merton St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $984,999 | N/A | For Sale | C13851134 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $197,000
- Total mortgage amount
- $787,999
- Total interest payment
- $560,201
- Total purchase cost
- $1,545,200
- Mortgage payment
- $4,494/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
66%Monthly carrying cost
$6,104- Rent $3,500
- Shortfall $2,604
Rental income opens at $3,500, the median asking rent of 20 comparable homes for lease in Mount Pleasant West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $16,175
- Toronto municipal land transfer tax
- $16,175
- Total land transfer tax
- $32,350
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $23,875
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $984,999
- $11,700
- Ontario total
- $16,175
Toronto’s municipal tax uses the same brackets at this price, so it adds another $16,175.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m47 test or monitoring holes also recorded.250 m
- Groundwater recorded about 12.2 m below ground nearbyThe middle water level in the well records within 500 m (184 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 37 building permits issued within 250 m in the last 2 years250 m
- 15 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 6.3 km6.3 km
- Mapped parcel: about 40,680 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — North Toronto Treatment Plant, 2.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 2.0 (c2.0; r2.0) SS2 (x2495)By-law
569-2013Municipality
Toronto1 2.0
Density: total floor area is capped at 2.0 times the lot area.
2 c2.0
Commercial floor area is capped at 2.0 times the lot area.
3 r2.0
Residential floor area is capped at 2.0 times the lot area.
4 x2495
Site-specific exception 2495: this site has rules of its own, written in the by-law.
5 SS2
Standards set 2: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2495)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
170 MERTON STSite planUnder Review
Site Plan Approval for a 36-storey mixed-use residential building, which includes the partial retention of the existing heritage building at 170 Merton Street. Overall, the proposal includes a total of 400 residential dwelling units and approximately 31,954 square metres of gross floor area, including 198.4 square metres of retail space.
120 m away155 BALLIOL STPlan of subdivisionUnder Review
Draft Plan of Subdivision for 3 lots.
130 m away180 MERTON STSite planUnder Review
Site Plan Approval for a 36-storey mixed-use residential building, which includes the partial retention of the existing heritage building at 170 Merton Street. Overall, the proposal includes a total of 400 residential dwelling units and approximately 31,954 square metres of gross floor area, including 198.4 square metres of retail space.
140 m away64 MERTON STOfficial plan or zoning amendmentAppeal Received
Official Plan Amendment application to permit a 46-storey mixed use building with 581residential units, with site-specific relief from office replacement policy requirements of Yonge-Eglinton Seciondary Plan.Related File: 21 233897 STE 12
190 m away64 MERTON STSite planUnder Review
Site Plan Approval application to permit a 40-storey mixed use building with 505 residential units. One of two existing buidlings on the site would be demolished. Heritage retention is involved.
190 m away185 BALLIOL STSite planUnder Review
INACTIVE Application for Site Plan Approval of a proposed 35-storey mixed rental residential building, with retail at-grade along Pailton Cres, approximately 437 (previously 449 units) and 32.017.60m2 of GFA (previosuly 33,395m2 of GFA)
190 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Mount Pleasant West right now
- For sale now
- 188
- Median asking price
- $598K
- New in 7 days
- 20
- Price cuts
- 15%
Middle half: $500K to $745K
91 in 28 days
28 listings
This home is asking 65% above the median, higher than three quarters of them.
See all homes in Mount Pleasant WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Davisville Station | TTC subway: Line 1 Yonge-University | 400 m |
| St Clair Station | TTC subway: Line 1 Yonge-University | 1 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 1.1 km |
| Mount Pleasant Station | TTC light rail: Line 5 Eglinton | 1.3 km |
| Summerhill Station | TTC subway: Line 1 Yonge-University | 1.6 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Davisville Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 350 m | 95%Grade 6 average |
| Deer Park Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 800 m | 80%Grade 6 average |
| Our Lady of Perpetual Help Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.3 km | 92%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.2 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| North Toronto Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.5 km | 80%Grade 9 math |
| Northern Secondary SchoolToronto DSB | Public · grades 9–12 | 1.5 km | 72%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 1.9 km | 59%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 4 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Mount Pleasant West are shown to signed-in members.