Re-listed 15 days ago

40 Merchant Lane #113, Toronto, Ontario M6P 4J6

In the same building:
-
Condo
2 + 2
2
~1200-1399 sqft
$•••,•••
$999,999
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Condo
2 + 2
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$774/sqft

Est. Mortgage$4,295/mo

Tax Amount (2024)$3,513/yr

Maintenance fees$629/mo

Days On Market15 days

Total Days On Market64 days


Description

Unbeatable Location in Trendy Dufferin Grove! Welcome to TH113 - 40 Merchant Lane -- a bright, stylish 4-level high coveted END-UNIT townhome nestled in one of Toronto's most dynamic and rapidly growing neighbourhoods. With Dufferin and Lansdowne subway stations, the UP Express, bike paths and GO Transit all within walking distance, commuting or exploring the city has never been easier. Step inside to discover a beautifully renovated interior featuring a sleek, modern kitchen (2021) with stainless steel appliances, gleaming quartz countertops and updated flooring throughout including cozy heated floors on the main level. Sun-drenched west-facing windows bring warmth and natural light into every corner of this home. You're surrounded by some of Toronto's most sought-after neighbourhoods including; Roncesvalles, The Junction, High Park and Bloordale Village -- plus just steps from local gems like Stedfast Brewing Co., Spaccio West and Ethica Coffee Roasters with more new favourites are popping up all the time! This move-in-ready home boasts two generously sized bedrooms, two full baths, two dedicated office spaces, ample storage, in-suite laundry, two Juliette balconies and a ROOFTOP TERRACE with a BBQ gas line -- perfect for entertaining or unwinding under the stars. Underground parking and a storage locker are also included. Set in a welcoming, pet-friendly community, you'll also enjoy access to visitor parking, a children's playground and a fully fenced dog run. Don't miss your chance to live in this super vibrant urban pocket with a true neighbourhood feel!


Property Details

StyleMulti-Level
View-
Age of property16-30
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12158375
Community NameThe Junction
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Other
Cooling: Central Air

Ground Floor

Kitchen

4.09 x 3.35

Heated Floor / Renovated / Combined W/Dining

Living

4.09 x 2.74

Heated Floor / Open Concept / West View

Foyer

0.54 x 0.9144

Heated Floor / Open Stairs


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


1Story
Amenities

Bbqs Allowed, Playground, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
15 days on market
history photo preview24
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - The Junction

Geo Zone Map ThumbnailThe Junction

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

20 days

2023

14 days

2022

11 days

New Listings

Past 30 days

39 listings

Compared to

2024

41 listings

2023

32 listings

2022

24 listings

Units sold

Past 30 days

7 units

Compared to

2024

22 units

2023

14 units

2022

11 units

Median Sold Price

Past 30 days

$800,000

Compared to

2024

$811,444

2023

$721,500

2022

$821,000


Population and Demographics

Overview

Total population 29012
Average household income $141,154

Age (%)

35 to 49
27%
20 to 34
24%
50 to 64
19%
0 to 19
18%
65 and plus
13%

Household composition (%)

Single family
53%
Single person
39%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
71%
Portuguese
8%
Spanish
5%
Others
4%
French
2%
Vietnamese
2%
Polish
2%
Yue (Cantonese)
1%
Italian
1%

House tenancy (%)

Renters
52%
Owners
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget