Open: Sun, 1PM to 3PM
trreb/IMG-C14149876_373d2b7182b40d7d6ab201a7663e45f9935baed3a9c6ff4a5fd4a9cb11ec7530.jpg
1 day on Market

40 Merchant Lane #124, Toronto, Ontario M6P 4J6

In the same building:
-
Condo
2 + 1
2
~1200-1399 sqft
$799,900
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Condo
2 + 1
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$619/sqft

Monthly cost

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Description

Stylish and sophisticated, 4-level, executive corner unit, condo townhouse in the heart of the Junction Triangle! Offering approx. 1326 sq ft thoughtfully designed interior space and flooded with natural light with East exposure. This 2 bed + loft, 2 bathroom home is ideal for modern urban living. The functional main floor features a living room and sleek kitchen boasting quartz counters and stainless steel appliances. 2nd floor presents a generous sized bedroom with 2 closets, full bath with quartz counter and a bright den area for a workspace. The third level has the massive primary bedroom with ensuite bath and walk-in closet. The bright top-floor features a versatile loft space with in-suite laundry and walking out to a private rooftop terrace. You can have a BBQ and entertain with views of the CN Tower and Downtown Toronto! Plenty of recent upgrades throughout: All Kitec plumbing removed (2023). Luxury Vinyl Plank Flooring throughout (2023). New Central A/C (September 2026), California Shutters. Family friendly complex with private playground and greenspace, fenced dog run and professionally maintained gardens. Great schools nearby - Perth (French Immersion), Brock PS, and Bloor Collegiate. Super rare to find a downtown property that comes with 2 underground parking spots(!!!) and storage locker. Prime location, only 5 mins walk to Lansdowne TTC Subway Station, UP Express, West Toronto Rail path (amazing for biking and walks down to the lake) and all the cafes, bars and restaurants of Bloordale village and the Junction Triangle. Enjoy the close proximity and amenities of Toronto's most loved communities: Roncesvalles, Dufferin Grove, High Park and Bloor West Village! With a walkability score of 95/100, this location is a walker's paradise. A fantastic opportunity to live in one of Toronto's most dynamic and connected communities. Open House Sunday Nov.8th: 1pm-3pm! Seller is RREA.


Upcoming Open House

Nov 8Sun1:00 PM - 3:00 PM

Property Details

StyleMulti-Level
ViewCity
Age of property16-30
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberC14149876
Community NameThe Junction
Data SourceTRREB
Listing byTEAM 2000 REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

3rd Floor

Primary

5.31 x 3.92

Vinyl Floor / 3 Pc Ensuite / W/I Closet


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 2

Garage type Underground

Other parking spaces 0

Total parking spaces 2


1Story
Amenities

Bbqs Allowed, Bike Storage, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Nov 5, 2026
ListedActive
$799,900
1 day on market
history photo preview31
Listing by trreb®
Property listed by TEAM 2000 REALTY INC., 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

29 days

Compared to

2025

33 days

2024

22 days

2023

22 days

New Listings

Past 30 days

30 listings

Compared to

2025

29 listings

2024

26 listings

2023

20 listings

Units sold

Past 30 days

4 units

Compared to

2025

10 units

2024

16 units

2023

7 units

Median Sold Price

Past 30 days

$797,500

Compared to

2025

$685,000

2024

$799,950

2023

$800,000


Population and Demographics

Overview

Total population 29012
Average household income $141,154

Age (%)

0 to 19
18%
20 to 34
24%
35 to 49
27%
50 to 64
19%
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