40 Merchant Lane, Unit 124, Toronto, ON
Property Highlights
Welcome to this remarkable Multi-Level 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 $799,900 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 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- Ample parking with 2.0 garage spaces (2.0 total parking spaces) with a convenient underground configuration
- Notable attributes: Other, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stylish and sophisticated, 4-level, executive corner unit, condo townhouse in the heart of the Junction Triangle! Offering approx. 1326 sq ft thoughtfully designed interior space and flooded with natural light with East exposure. This 2 bed + loft, 2 bathroom home is ideal for modern urban living. The functional main floor features a living room and sleek kitchen boasting quartz counters and stainless steel appliances. 2nd floor presents a generous sized bedroom with 2 closets, full bath with quartz counter and a bright den area for a workspace. The third level has the massive primary bedroom with ensuite bath and walk-in closet. The bright top-floor features a versatile loft space with in-suite laundry and walking out to a private rooftop terrace. You can have a BBQ and entertain with views of the CN Tower and Downtown Toronto! Plenty of recent upgrades throughout: All Kitec plumbing removed (2023). Luxury Vinyl Plank Flooring throughout (2023). New Central A/C (September 2026), California Shutters. Family friendly complex with private playground and greenspace, fenced dog run and professionally maintained gardens. Great schools nearby - Perth (French Immersion), Brock PS, and Bloor Collegiate. Super rare to find a downtown property that comes with 2 underground parking spots(!!!) and storage locker. Prime location, only 5 mins walk to Lansdowne TTC Subway Station, UP Express, West Toronto Rail path (amazing for biking and walks down to the lake) and all the cafes, bars and restaurants of Bloordale village and the Junction Triangle. Enjoy the close proximity and amenities of Toronto's most loved communities: Roncesvalles, Dufferin Grove, High Park and Bloor West Village! With a walkability score of 95/100, this location is a walker's paradise. A fantastic opportunity to live in one of Toronto's most dynamic and connected communities. Open House Sunday Nov.8th: 1pm-3pm! Seller is RREA.
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Property Summary
This townhouse located at 40 Merchant Lane, Toronto is currently for sale and has been available for 0 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 40 Merchant Lane, Toronto is in the Dufferin Grove neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Dufferin Grove, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1200-1399 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Public Transit
Interior Features
- Other
- Water Heater
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 3-bedroom condo apartment at 40 Merchant Lane, Unit 124, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Toronto Buyer Budget & Costs
Estimated mortgage: $2,663*/month*. Estimated Ontario Land Transfer Tax: $24,946. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 40 Merchant Lane, Unit 124, Toronto, ON
Q.What is the asking price for 40 Merchant Lane, Unit 124, Toronto, ON ?
The current listing price for 40 Merchant Lane, Unit 124, Toronto, ON in Dufferin Grove, Toronto is $799,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.
Q.What property type and architectural style is 40 Merchant Lane, Unit 124, Toronto, ON ?
40 Merchant Lane, Unit 124, Toronto, ON is a Condo Townhouse (Multi-Level) featuring a None basement.
Q.What key property features does 40 Merchant Lane, Unit 124, Toronto, ON offer?
Key property features include: Park, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Other, Water Heater.
Q.What security features are installed at 40 Merchant Lane, Unit 124, Toronto, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (Underground).
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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Open in Google MapsNeighborhood Safety & Crime Analytics
Dufferin Grove, Toronto
183 assaults (1449.2/100k)
48 B&E (380.1/100k)
19 thefts (150.5/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 40 Merchant Lane 124, Toronto, ON M6P 4J6
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.
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