111 Merton Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mount Pleasant West. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $609,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To Greenwich Terrace, A Luxurious Penthouse In The Heart Of Midtown Toronto. Over 750 Sqft Of Combined Indoor and Outdoor Space. This One Bedroom Unit Features A very Functional Floor Plan With Soaring Ceilings That Make The Unit Seem Much Larger Than It Is. The Modern Kitchen Has Stainless Steel Appliances And Breakfast Bar, The Primary Bedroom Comes With A Custom Built In Closet/Storage. Beautiful Laminate Flooring Throughout. Very Bright Unit With Tons Of Natural Light Shinning Through The Large Windows With Tranquil North Views. The Terrace Is Over 200 Sqft And Perfect For Entertaining, Great For Anyone Working From Home And Is Really The Defining Point Of This Unit. Its Big City Living With A Country Feel. Just Minutes Away From Downtown Toronto. Short Walk To Davisville/St Clair Subway Stations. Conveniently Located. Take a Stroll To All The Great Shops, Restaurants And Cafe's Along Yonge Street, Mount Pleasant and Bayview Avenue. This Is Without A Doubt One Of The Best Communities In The City. Hurry As Delay May Mean Disappointment.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 111 Merton Street Ph503, Toronto C10, ON M4S 3A7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $609,999 in Toronto, the legal minimum down payment is $36,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,675 also applies, bringing the total estimated land transfer taxes to $17,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.