253 Merton Rd 502
Mount Pleasant West, Toronto, M4S 3H2
FOR SALE
$589,000
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Property Description
Rarely available one bedroom, premium south facing unit! The bright and spacious layout features an open concept living and dining room, kitchen with peninsula and primary bedroom with wall to wall closet. Walk out to the private and quiet balcony, with luscious green views, from both the living room and the primary bedroom. Laundry and plenty of storage are located within the unit. Include sone parking space and one locker. This quiet, boutique style building is pet friendly and features 24 hour concierge/security, visitor sparking, exercise room, sauna, party room, billiards and courtyard with gas bbq. Located in the heart of Davisville Village, just steps to subway, restaurants, shopping, cinemas and close to all services and amenities. Direct access to Kay Gardner Beltline Nature Trails for walking, jogging and biking.
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Extras
253 Merton St is an exceptionally well managed property with on site manager. Maintenance fees include all utilities.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,654 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.06' x 19.03' | Hardwood Floor, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 11.06' x 19.03' | Hardwood Floor, Combined W/Living |
| Kitchen | Flat | 8.01' x 8.01' | Tile Floor, O/Looks Dining |
| Prim Bdrm | Flat | 11.48' x 12.53' | Hardwood Floor, W/W Closet, W/O To Balcony |
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Toronto Market Statistics
Toronto Price Trend
253 Merton Rd 502 is a 1-bedroom 1-bathroom condo listed for sale at $589,000, which is $22,923 (4.0%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Toronto over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Orion Realty Corporation
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