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New3 hours ago

532 Merton Street

Mount Pleasant East, Toronto

$1,245,000

Semi-Detached |2-Storey
2 | 2 | 2
About this home

Rare Midtown Gem, Classic Character & Modern Elegance on an Extraordinary 176 FT Deep Lot! Perfectly positioned in highly sought-after Mount Pleasant East, this charming home seamlessly pairs timeless architectural soul with thoughtful modern upgrades. Designed for stylish, low-maintenance living, the main floor showcases a bright, sun-filled layout featuring a newly renovated gourmet kitchen complete with sleek cabinetry and premium finishes.Upstairs, find two cozy, light-filled bedrooms and a full 4-piece bathroom. The fully finished basement adds exceptional flexible living space, boasting a newly renovated layout with a full bathroom, a dedicated bedroom/home office, and a rare separate entrance-offering immense versatility for a private guest suite, work-from-home setup, or potential rental income.Step outside into your own private sanctuary: an extraordinarily deep 176.66 ft lot providing an expansive backyard oasis rarely found in midtown Toronto-ideal for summer dining, garden enthusiasts, or future outdoor enhancement. Enjoy the incredible convenience of a rare private driveway with 2-car parking.Unbeatable location just steps to the famous Kay Gardner Beltline Trail, pristine parks, Davisville Subway Station, top-ranked schools, and the vibrant shops and bistros along Yonge & Bayview. Move right in and experience effortless city living with unlimited outdoor freedom!

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$6,607
Lot Size17.5 ft x 176.6 ft
mls© NumberC14106922
Listed ByPRESTIGIUM REAL ESTATE LTD.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,372
Property tax
$551
Heat allowance
$150
Housing costs
$7,073 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $249,000
25-yr amortization

Income needed

$218,000

gross annual household income

Payment at 4%
$5,239 / mo
Cash down
$249,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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