474 Merton Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $998,000 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 17.13 x 176.68 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- Efficient radiant heating via gas
Description
Welcome to 474 Merton St in the sought-after Mount Pleasant community! This bright and spacious 3-bedroom, 1-bathroom semi-detached home is full of potential and charm. Featuring a finished basement, separate side entrance, and a walkout to a private back deck from the kitchen, this home sits on an impressive 176-foot deep lot surrounded by mature trees. This property is perfect for anyone seeking a home with character and room to grow. Nestled in a fantastic, family-friendly neighbourhood and located within the coveted Maurice Cody school district, this home is just steps away from top-rated schools, parks, shopping, transit, and all the amenities you could ask for. With a detached garage, walkout deck, and unbeatable location, this home is truly a once-in-a-lifetime opportunity to invest in one of Toronto's most desirable communities. Bring your personal touch, this gem is waiting to be transformed into your dream home!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 474 Merton Street, Toronto C10, ON M4S 1B3
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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 $998,000 in Toronto, the legal minimum down payment is $74,800 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 $16,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,435 also applies, bringing the total estimated land transfer taxes to $32,870.
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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.
