478 Merton Street, Toronto, ON

$1,349,000
MLS#:C11822534
3 beds
2 baths
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Mount Pleasant East. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,349,000 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 2 Bathrooms
  • Premium 18.92 x 176.5 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Storage, Water Heater
  • equipped with window unit(s) central cooling and highly efficient radiant heating via gas

Description

Step into this beautifully maintained semi-detached home, perfectly positioned in the coveted Davisville Village-one of North Toronto's most desirable neighbourhoods. With it's bright, open-concept main floor, gleaming hardwood floors, and a spacious kitchen that flows seamlessly into an extra-deep backyard, this home offers the ideal blend of comfort and style. Living here means having prime access to the best that Midtown has to offer. Just steps from the lively Bayview Avenue and Mount Pleasant communities, you'll enjoy an array of charming boutique shops, inviting cafes, and acclaimed restaurants. With nearby parks, trails, and family friendly amenities. This neighbourhood is active as it is vibrant, offering everything from outdoor recreation to everyday convenience. Commuting is a breeze with quick access to the Bayview Extension/DVP, plus excellent TTC options, making it easy to get anywhere in the city. A legal, up-to-date parking pad adds convenience and value to this already exceptional home. Families will appreciate being in appreciate being in a top-tier school district, including Maurice Cody, Hodgson, Northern, and top-rated nearby private schools such as Toronto French School and Branksome Hall. This home offers everything you need to live your best life in North Toronto- where convenience, community, and quality living come together.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 4, 2024
Sold price information is available to members only
Listed Date12/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size18.92 × 176.5 Feet
CountyToronto
Annual Tax$6,165.79
Legal DescriptionPCL 68-4 SEM M5; PT LT 68 N/S MERTON ST PL M5 TORONTO COMM AT A POINT IN NLY LIMIT OF MERTON ST DISTANT 2 FT 1 1/2 INCHES MEASURED WLY THEREALONG FROM THE ELY LIMIT OF SAID LT; THENCE NLY TO AND ALONG THE CENTRE LINE OF A PARTITION WALL BTN THE HOUSE ON THESE LANDS AND THE HOUSE ON THE LANDS TO THE E THEROF AND CONTINUING NLY IN ALL 176 FT 6 INCHES MORE OR LESS TO A POINT IN THE NLY LIMIT OF SAID LT DISTANT 1 FT 1

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWindow Unit(s)

Features

Property Features

Fenced Yard, Greenbelt/Conservation, Library, Public Transit, School

Interior Features

Storage, Water Heater

Security Features

Alarm System, Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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478 Merton Street, 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 478 Merton Street, Toronto C10, ON M4S 1B3

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$269,800 (20.0%)
* Minimum Canadian down payment required for this price is $269,800.
Amortization Period25 Years
Estimated Monthly Payment$6,431Based on a loan of $1,079,200 over 25 years.
Purchase Price$1,349,000
Loan Amount$1,079,200
Provincial Land Transfer Tax:$23,455
Toronto Municipal Land Transfer Tax:$23,455
Total Estimated Closing Taxes:$46,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,349,000 in Toronto, the legal minimum down payment is $269,800 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 $23,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,455 also applies, bringing the total estimated land transfer taxes to $46,910.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,576,527

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%

Local Schools Guide

Elementary Schools

St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Lawrence Park
Public125 Chatsworth Drive, Toronto, Ontario, M4R 1S1
9.1

Homes & Housing

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.