140 Merkley Square, Toronto, ON
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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 $974,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 45 x 130 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free, In-Law Capability
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 140 Merkley Square, a well-maintained and thoughtfully updated family home in a desirable Toronto neighbourhood. Situated on a premium 45 x 130 ft lot, this property offers exceptional outdoor space with added depth rarely found in the area. This spacious home features 4 bedrooms and 3 updated washrooms, making it ideal for growing families. The main floor is finished with hardwood flooring and a renovated kitchen that blends modern updates with everyday functionality. The finished basement includes a second kitchen, offering excellent income potential or flexibility for extended living arrangements. Step outside to a private backyard retreat featuring a beautiful deck, ideal for entertaining or relaxing while enjoying the generous lot size. This is a solid, older home with an attached single-car garage, offering the perfect combination of character, space, and updates. Pride of ownership is evident throughout. A fantastic opportunity to own a move-in-ready home on a premium lot in a convenient and established community.. Minutes from Centenary Hospital, Centennial College, U of T Scarborough Campus, Toronto Zoo and more! Great location close to Highway 401 access off Neilson Road. Close to network of Parks for kilometers of trails.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Level, Park, School
Interior Features
Carpet Free, In-Law Capability
Security Features
Community Features
Location
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 140 Merkley Square, Toronto E09, ON M1G 2Y8
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 $974,000 in Toronto, the legal minimum down payment is $72,400 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 $15,955 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,955 also applies, bringing the total estimated land transfer taxes to $31,910.
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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.
