- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $919at the range’s middle
- Lot
- 20 x 176 ft
- Tax a year
- $7,1742026 tax year
- Built
- 100+
- Parking
- 2none
- Days on market
- Members
The brief
About 714 Merton St
714 Merton St is a 3-bedroom, 2-bathroom detached house in Mount Pleasant East, Toronto, listed for sale at an asking price of $1,195,000 (MLS® C14084812).
Opportunity awaits in this charming, detached Davisville home, lovingly owned by the same family for 40 years. The main floor features a spacious living room with a brick wood-burning fireplace, flowing into a formal dining area and sunlit kitchen with a walkout to the rear deck and private yard. Upstairs, a generous, naturally bright landing leads to three well-proportioned bedrooms with gleaming oak parquet floors and 4-piece bath. The versatile basement offers reasonable ceiling height, a generous family recreation room, 3-piece bathroom, ample storage, and a rare, highly desirable walk-out to the the back yard. Perfectly situated in Davisville village, this home offers an exceptional, highly walkable lifestyle. Steps to top-rated schools (Maurice Cody PS), beautiful parks, artisanal bakeries, cafes, and everyday amenities along Bayview Avenue. A rare opportunity to own a cherished family home in a premier midtown pocket! Full of character and possibilities, this is the perfect place for a new family to put down roots, create lasting memories, and make the home their own.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall24/100−$2,175/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 9 homes with 3 bedrooms for lease in Mount Pleasant East right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,174 / 2026
- MLS® number
- C14084812
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 20 x 176 ft
- Listed on
- Parking
- None, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Mount Pleasant East
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Building Age
- 100+
- Construction
- Alum Siding
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Bsmt, 1 × 4pc 2nd
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Mutual
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 20 ft
- Depth
- 176 ft
- Lot Size
- 20 x 176 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- Stove, fridge, dishwasher, washer, dryer (all in as-is condition), all electric light fixtures. New carpeting main level and basement. Plumbing fixtures all operational, but sold in as-is condition.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.4 × 3.84 m | Brick Fireplace, Combined W/Dining | Ground |
| Dining | 3.23 × 3.68 m | Combined W/Living | Ground |
| Kitchen | 4.01 × 4.17 m | O/Looks Backyard, Eat-In Kitchen | Ground |
| Primary | 2.92 × 4.65 m | Closet, hardwood floor, South View | 2nd |
| 2nd Br | 2.49 × 3.45 m | Closet, hardwood floor | 2nd |
| 3rd Br | 2.74 × 3.3 m | Closet, hardwood floor | 2nd |
| Rec | 3.91 × 4.29 m | Above Grade Window | Bsmt |
| Laundry | 3.84 × 4.32 m | Walk-Out | Bsmt |
Listing history
Buy/sell history for 714 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 | $1,195,000 | N/A | Pc | C14084812 |
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
- $239,000
- Total mortgage amount
- $956,000
- Total interest payment
- $679,600
- Total purchase cost
- $1,874,600
- Mortgage payment
- $5,452/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
52%Monthly carrying cost
$6,050- Rent $3,875
- Shortfall $2,175
Rental income opens at $3,875, the median asking rent of 9 comparable homes for lease in Mount Pleasant East. 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
- $20,375
- Toronto municipal land transfer tax
- $20,375
- Total land transfer tax
- $40,750
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $32,275
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 $1,195,000
- $15,900
- Ontario total
- $20,375
Toronto’s municipal tax uses the same brackets at this price, so it adds another $20,375.
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
Lot
- Lot area
- 3,520 sq ft327 m²
- Street frontage
- 20 ft6.1 m
- Depth
- 176 ft53.6 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- 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 m5 test or monitoring holes also recorded.250 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
- 38 building permits issued within 250 m in the last 2 years250 m
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 7.1 km7.1 km
- Mapped parcel: about 3,760 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 home2
- Nearest rail line: 940 m940 m
- 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, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about 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 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom. 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
R (d0.6) (x930)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 x930
Site-specific exception 930: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(930)
4 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.
1466 BAYVIEW AVEOfficial plan or zoning amendmentAppeal Received
Zoning By-law Amendment application to permit a 8-storey mixed use building with 154 dwelling units and 1,560 square metres of retail space.
250 m away1466 BAYVIEW AVESite planAppeal Received
Site Plan Control application to permit a 8-storey mixed use building with 154 dwelling units and 1,560 square metres of retail space.
250 m away1500 BAYVIEW AVEOfficial plan or zoning amendmentAppeal Received
Zoning By-law Amendment application to permit a 8-storey mixed use building with 154 dwelling units and 1,560 square metres of retail space.
310 m away1500 BAYVIEW AVESite planAppeal Received
Site Plan Control application to permit a 8-storey mixed use building with 154 dwelling units and 1,560 square metres of retail space.
310 m away32 EVERGREEN GDNSCondominiumUnder Review
Draft Plan of Condo for Common Elements.
570 m away28 EVERGREEN GDNSCondominiumUnder Review
Draft Plan of Condo for Common Elements.
570 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
Detached homes for sale in Mount Pleasant East right now
- For sale now
- 22
- Median asking price
- $2.37M
- New in 7 days
- 5
- Price cuts
- 27%
Middle half: $1.53M to $2.95M
10 in 28 days
6 listings
This home is asking 50% below the median, lower than three quarters of them.
See all homes in Mount Pleasant EastAsking 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 |
|---|---|---|
| Leaside Station | TTC light rail: Line 5 Eglinton | 1.1 km |
| Mount Pleasant Station | TTC light rail: Line 5 Eglinton | 1.5 km |
| Laird Station | TTC light rail: Line 5 Eglinton | 1.6 km |
| Davisville Station | TTC subway: Line 1 Yonge-University | 1.8 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 2 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 |
|---|---|---|---|
| Maurice Cody Junior Public SchoolToronto DSB | Public · grades JK–5 | 500 m | 90%Grade 3 average |
| St Anselm Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 550 m | 91%Grade 6 average |
| Rolph Road Elementary SchoolToronto DSB | Public · grades JK–6 | 700 m | 93%Grade 6 average |
| École élémentaire La MosaïqueConseil scolaire Viamonde | French-language public · grades JK–6 | 3.9 km | 93%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Leaside High SchoolToronto DSB | Public · grades 9–12 · French Immersion | 1.1 km | 79%Grade 9 math |
| Northern Secondary SchoolToronto DSB | Public · grades 9–12 | 1.6 km | 72%Grade 9 math |
| Marshall McLuhan Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 3 km | 59%Grade 9 math |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 4.2 km | 79%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
Similar Active Listings
Recently sold nearby
Sold prices in Mount Pleasant East are shown to signed-in members.
