137 Merkley Square, Toronto, ON

$1,250,000
MLS#:E13656576
7 beds
4 baths
2500-3000 sqft
5.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Morningside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,250,000 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.

  • 7 Bedrooms and 4 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 45 x 112 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Floor Drain
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Absolute Elegance in a Stunning 5+2 Bedroom, 4-Bath Detached HomeWelcome to this beautifully maintained freehold detached home, offering 5+2 bedrooms and 4 bathrooms in one of Scarborough's most desirable family-friendly communities. Perfectly positioned just an 8-minute drive from the University of Toronto Scarborough campus and Centennial College Morningside Campus, this exceptional home is also conveniently located near the renowned Scarborough Health Network - Centenary Hospital, the world-class Toronto Pan Am Sports Centre, TTC, waterfront parks, scenic walking trails, shopping, schools, and major highways.Thoughtfully updated and move-in ready, this impressive residence showcases a renovated chef-inspired kitchen, beautifully updated bathrooms, fresh designer paint, modern lighting, and numerous upgrades throughout. The spacious primary suite serves as a private retreat, featuring picturesque views, a luxurious 5-piece ensuite with a relaxing soaker tub and separate glass shower, as well as a generous walk-in closet. Four additional well-proportioned bedrooms provide plenty of space for growing families, guests, or a home office.The main floor is designed for both everyday living and entertaining, offering elegant separate living and dining rooms, a gourmet eat-in kitchen with modern appliances, a cozy family room with fireplace, and an abundance of natural light throughout.The professionally finished basement includes a self-contained 2-bedroom in-law suite, presenting an excellent opportunity for multi-generational living or valuable rental income. Separate Laundries. Experience the perfect balance of luxury, comfort, and location in a home that places you just minutes from leading educational institutions, premier healthcare, recreation, and nature while offering the privacy and tranquility of a true urban retreat. This is a rare opportunity to own a remarkable home in one of Scarborough's most sought-after locations.Don't miss this Beautiful House.

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Property Summary

This detached home located at 137 Merkley Square, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 7 beds, 4 bathrooms, and is 2500-3000 square feet. 137 Merkley Square, Toronto is in the Morningside neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 7 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Morningside, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 7 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Morningside, Toronto.

Target Buyer Match

Key Features

Bedrooms
7
Bathrooms
4
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date8/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size45 × 112 Feet
CountyToronto
Annual Tax$3,800
Legal DescriptionPARCEL 165-2, SECTION M1139 LT 165 PLAN M1139 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Clear View
  • Golf
  • Public Transit
  • School
  • School Bus Route
  • Wooded/Treed

Interior Features

  • Floor Drain

Security Features

  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 137 Merkley Square, Toronto, ON

Q.What is the asking price for 137 Merkley Square, Toronto, ON ?

The current listing price for 137 Merkley Square, Toronto, ON in Morningside, Toronto is $1,250,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 7 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 137 Merkley Square, Toronto, ON ?

137 Merkley Square, Toronto, ON is a Detached (2-Storey) featuring a Finished, Separate Entrance basement.

Q.What key property features does 137 Merkley Square, Toronto, ON offer?

Key property features include: Clear View, Golf, Public Transit, School, School Bus Route, Wooded/Treed.

Q.What interior features are included in this home?

Interior highlights include: Floor Drain.

Q.What security features are installed at 137 Merkley Square, Toronto, ON ?

Security features include: Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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137 Merkley Square, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 137 Merkley Square, Toronto, ON M1G 2Y5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate4.00%
Down Payment$375,000 (30.0%)
* Minimum Canadian down payment required for this price is $250,000.
Amortization Period30 Years
Estimated Monthly Payment$4,161Based on a loan of $875,000 over 30 years.
Purchase Price$1,250,000
Loan Amount$875,000
Provincial Land Transfer Tax:$21,475
Toronto Municipal Land Transfer Tax:$21,475
Total Estimated Closing Taxes:$42,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,250,000 in Toronto, the legal minimum down payment is $250,000 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 $21,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $21,475 also applies, bringing the total estimated land transfer taxes to $42,950.

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Morningside, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Morningside, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$812,722

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Morningside, Toronto

Elementary Schools

St John
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
8.1
St Paul
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
5.8
St Edmund Campion
Public30 Highcastle Road, Scarborough, Toronto, Ontario, M1E 4N1
6.9
St Thomas More
Public2300 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M7
7.5
St Florence Catholic
Catholic101 Murison Boulevard, Scarborough, Toronto, Ontario, M1B 2L6
6.7

Secondary Schools

West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9
Woburn
Public2222 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M3
5.6

Morningside, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.