50 Merchant Lane, Unit 7, Toronto, ON

$795,000
MLS#:C13565148
4 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
50 Merchant Lane 207, Toronto, ON M6P 4J6
⚠️

Property no longer active

This property was sold on July 22, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Dufferin Grove. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $795,000 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.

  • 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: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Gorgeous 3 level executive condo townhouse in the heart of the highly sought after Junction Triangle! Boasting 1252 sqft of bright, thoughtfully designed interior space, this 2 bed, 2 versatile dens, 1.5 bathroom home is perfect for modern urban living. The functional main floor features a separate Living, Dining, and sleek kitchen boasting quartz counters, stainless steel appliances, and breakfast bar. Laminate floors and Pot lights throughout. Major premium upgrades since 2021 include a fully replaced Kitec plumbing system, fully renovated 4 piece bath, recently replaced central A/C, and custom entryway storage. Unwind on your private 2nd floor balcony or watching the sunset on the massive, private rooftop terrace complete with durable composite decking and a natural gas BBQ hookup. Enjoy exclusive access to a secure, fob-access dog run, an ideal amenity for pet owners. Includes underground parking and owned locker. Unbeatable location steps from Dundas West Station, UP Express, Subway TTC, West Toronto Railpath, and local cafes!

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Property Summary

This townhouse located at 50 Merchant Lane, Toronto is currently for sale and has been available on SousaSells for 22 days. This property is listed at $795,000 with an estimated mortgage of $2,646* per month. It has 4 beds, 2 bathrooms, and is 1200-1399 square feet. 50 Merchant Lane, Toronto is in the Dufferin Grove neighborhood.

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

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Dufferin Grove, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

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

Additional Details

StatusSold
Sold DateJuly 22, 2026
Sold price information is available to members only
Listed Date7/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$3,614.04

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 50 Merchant Lane, Unit 7, Toronto, ON

Q.What is the asking price for 50 Merchant Lane, Unit 7, Toronto, ON ?

The current listing price for 50 Merchant Lane, Unit 7, Toronto, ON in Dufferin Grove, Toronto is $795,000.

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

This property features 4 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 50 Merchant Lane, Unit 7, Toronto, ON ?

50 Merchant Lane, Unit 7, Toronto, ON is a Condo Townhouse (3-Storey) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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50 Merchant Lane, Unit 7, 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 50 Merchant Lane 207, Toronto, ON M6P 4J6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$238,500 (30.0%)
* Minimum Canadian down payment required for this price is $54,500.
Amortization Period30 Years
Estimated Monthly Payment$2,646Based on a loan of $556,500 over 30 years.
Purchase Price$795,000
Loan Amount$556,500
Provincial Land Transfer Tax:$12,375
Toronto Municipal Land Transfer Tax:$12,375
Total Estimated Closing Taxes:$24,750

About Purchasing a Home in Toronto, ON

For a property listed at $795,000 in Toronto, the legal minimum down payment is $54,500 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 $12,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,375 also applies, bringing the total estimated land transfer taxes to $24,750.

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Dufferin Grove, Toronto 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$1,222,217

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 Dufferin Grove, Toronto

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. Andre
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
5.2
St Sebastian
Public717 Brock Avenue, Toronto, Ontario, M6H 3P1
10.0

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
Central Commerce
Public570 Shaw Street, Toronto, Ontario, M6G 3L6
6.7
Bishop Marrocco/Thomas Merton
Public1515 Bloor Street West, Toronto, Ontario, M6P 1A3
4.3

Dufferin Grove, 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.