30 Merchant Lane, Toronto, ON

$979,990
MLS#:C10427870
4 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Dufferin Grove. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $979,990 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Ready to move in and drop your furniture. All the hard work is done. Freshly updated upper level stacked townhome in the sought after Junction Triangle. Conveniently located, just steps from the TTC Line 2 subway, UP Express, breweries, coffee shops, art galleries, and so much more this fabulous neighborhood offers. Showcasing approximately 1252 sf of interior space, a balcony off second bedroom and a very large sunny rooftop terrace, 2 bedrooms, den, office, 2 baths and a large open concept main floor featuring living room , dining room & kitchen. Recent updates include: all cabinets, walls, ceilings, doors & trim painted, stippled ceilings removed and now smooth, new LVT white oak flooring throughout, all new electric light fixtures, switch & receptacle cover plates, all new door handles, new carpet in stairs, new handheld shower, new bathroom mirrors, all new window coverings, & new deck tiles on 2nd floor balcony & rooftop terrace. 1 underground parking space & locker included.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 3, 2025
Sold price information is available to members only
Listed Date11/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionBrick, Stucco (Plaster)
BasementNone
CountyToronto
Annual Tax$3,369.01

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Separate Hydro Meter

Security Features

Community Features

Location

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30 Merchant Lane, 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 30 Merchant Lane 223, Toronto C01, ON M6P 4J6

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.

Market Trend
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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 Rate5.25%
Down Payment$72,999 (7.4%)
* Minimum Canadian down payment required for this price is $72,999.
Amortization Period25 Years
Estimated Monthly Payment$5,405Based on a loan of $906,991 over 25 years.
Purchase Price$979,990
Loan Amount$906,991
Provincial Land Transfer Tax:$16,075
Toronto Municipal Land Transfer Tax:$16,075
Total Estimated Closing Taxes:$32,150

About Purchasing a Home in Toronto, ON

For a property listed at $979,990 in Toronto, the legal minimum down payment is $72,999 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 $16,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,075 also applies, bringing the total estimated land transfer taxes to $32,150.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,211,174

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%

Local Schools Guide

Elementary Schools

St Mary
Public66 Dufferin Park Avenue, Toronto, Ontario, M6H 1J6
5.3
St Helen
Public1196 College Street, Toronto, Ontario, M6H 1B8
6.3
St Anthony
Public1037 Bloor Street West, Toronto, Ontario, M6H 1M2
8.9
St Sebastian
Public717 Brock Avenue, Toronto, Ontario, M6H 3P1
10.0
St. Andre
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
5.2

Secondary Schools

Bloor
Public90 Croatia Street, Toronto, Ontario, M6H 4B4
9.2
Toronto Ouest
Public330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
8.8
St.-Frère-André
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
7.7
Bishop Marrocco/Thomas Merton
Public1515 Bloor Street West, Toronto, Ontario, M6P 1A3
4.3
Central Commerce
Public570 Shaw Street, Toronto, Ontario, M6G 3L6
6.7

Homes & Housing

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.