162 Merkley Square, Toronto, ON

$799,900
MLS#:E13697156
4 beds
2 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Added:Aug 20, 2026(13 days ago)
Updated:Aug 20, 2026(13 days ago)
Last Checked:4 minutes ago

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Morningside. Expertly crafted featuring premium brick 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 45 x 129.97 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Location, location, location! Welcome to this spacious four-level backsplit nestled in an established Scarborough neighbourhood, offering plenty of room to make it your own. Ideally situated just minutes from parks, schools, tennis courts, a dog park, public transit, the hospital, Highway 401, and everyday amenities, everything you need is within easy reach.Step inside to a bright and inviting main level featuring an open-concept living and dining area with hardwood flooring and a large front window filling the space with natural light. The updated kitchen features ample cabinetry and counter space, creating a functional setting for everyday living. With four levels of living space, there's plenty of flexibility whether you're entertaining, working from home, accommodating a growing family, or simply looking for room to spread out.Upstairs, you'll find two generously sized bedrooms and a renovated bathroom. The lower level features a spacious family room and additional bedroom, while the finished basement includes another living area and bedroom, providing even more versatility to suit your needs. Freshly painted throughout, the home provides a bright, neutral backdrop ready for its next owners to add their own personal style.Outside, enjoy a newly fenced backyard with plenty of privacy and space to entertain or relax, along with an existing in-ground pool with the potential to create your own private summer retreat. Complete with a one-car garage and a location that keeps you connected to everything the GTA has to offer, this home is ready for its next chapter in a well-connected Scarborough neighbourhood. ** Pool photo is virtually altered.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 162 Merkley Square, Toronto is currently for sale and has been available on SousaSells for 13 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 162 Merkley Square, Toronto is in the Morningside neighborhood.

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* 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 Morningside, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

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

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 20, 2026 (13 days ago)
UpdatedAug 20, 2026 (13 days ago)
Last Checked4 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick
BasementFinished
Lot Size45 Ă— 129.97 Feet
CountyToronto
Annual Tax$4,275.67
Legal DescriptionPARCEL 137-2, SECTION M1139 LT 137 PLAN M1139 S/T B187184 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Park
  • School

Interior Features

  • Carpet Free
  • Central Vacuum

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 162 Merkley Square, Toronto, ON

Q.What is the asking price for 162 Merkley Square, Toronto, ON ?

The current listing price for 162 Merkley Square, Toronto, ON in Morningside, Toronto is $799,900.

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

This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 162 Merkley Square, Toronto, ON ?

162 Merkley Square, Toronto, ON is a Detached (Backsplit 4) featuring a Finished basement.

Q.What key property features does 162 Merkley Square, Toronto, ON offer?

Key property features include: Hospital, Park, School.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Central Vacuum.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Attached).

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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162 Merkley Square, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Morningside Heights, Toronto

SAFETY RATING8.6 / 10
Low Incident Area
Total Annual Incidents389 incidents / yr
Average Per Month32.4 incidents / mo
Population Benchmark26,743 residents
Personal Safety
Moderate

129 assaults (476.1/100k)

Property Security
Elevated

39 B&E (143.9/100k)

Auto Theft Risk
Elevated

134 thefts (494.5/100k)

1-Year Trend
â–Ľ 7.4%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

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.

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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 162 Merkley Square, Toronto, ON M1G 2Y8

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Toronto Municipal Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$24,946

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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Morningside, Toronto Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$719,617

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 Morningside, Toronto

Elementary Schools

St John
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
8.1
St Paul
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
5.8
St Edmund Campion
Public30 Highcastle Road, Scarborough, Toronto, Ontario, M1E 4N1
6.9
St Thomas More
Public2300 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M7
7.5
St Florence Catholic
Catholic101 Murison Boulevard, Scarborough, Toronto, Ontario, M1B 2L6
6.7

Secondary Schools

Woburn
Public2222 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M3
5.6
West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9

Morningside, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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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.

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