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New2 hours ago

202 - 35 Merton Street

Mount Pleasant West, Toronto

$789,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome Home to 35 Merton! This luxury building is perfectly located in the heart of mid-town, backing on to the Kay Gardiner beltline. Exceptionally well maintained exclusive residence with 24 hour concierge, minutes to the Davisville subway and all of the shops and boutiques this neighbourhood has to offer. Flooded with natural light, this spacious 2 bed, 2 bath suite offers a large open-concept living space with a gas fireplace, a flexible layout for dining and entertaining and an updated eat-in kitchen with stainless steel appliances. A well-sized, lovely primary bedroom has a walk-in closet, built-in storage, an ensuite bath and windows on 2 sides letting in the sunshine. A covered balcony for enjoying some outdoor time is accessible from both the kitchen and the living space. Ensuite laundry. Freshly painted. Owned underground parking and storage locker with shelving. Residents enjoy an exercise room, shared outdoor patio with BBQ, party room and guest parking. This is a pet free building. This most desirable address has a high resident retention and is a must see if you want to enjoy living in this ideal neighbourhood.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,438
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,051
mls© NumberC14163066
Listed ByFOREST HILL REAL ESTATE INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,038
Property tax
$338
Heat allowance
$150
Condo fees, half counted
$719
Housing costs
$5,245 / mo

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

Down payment20% · $157,800
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,320 / mo
Cash down
$157,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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