50 Merchant Lane #105

FOR SALE
$808,800
50 Merchant Lane #105, Toronto
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
50 Merchant Lane #105
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C10406278
MLSID
Contact Us
Property Description
Charming 2-Storey Townhouse in the Sought-After Junction Triangle! This spacious and bright 2+Den bedroom, 2 bath home is perfectly situated just steps from the subway, UP Express, breweries, coffee shops, art galleries, and so much more. Featuring a central kitchen layout with a walk-out to a private patio that floods the main floor with natural light, this townhouse is ideal for relaxation, entertaining, and offers ample space to grow into! Recent upgrades include the conversion of the den into a walk-in closet for the second bedroom, fresh paint throughout, updated blinds, and pot lights. Additional perks include an oversized storage locker and 1 underground parking space conveniently located close to the exit doors this townhome truly checks all the boxes! Don't miss out on this fantastic opportunity to live in one of the most sought-after west end neighborhoods, complete with an on-site dog park, an outstanding transit score, and a community you'll love!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-24 2023-09-11 18 $3,400 $3,400 Leased
2022-09-15 2022-09-25 10 $3,300 $3,300 Leased
2022-08-18 2022-09-15 28 $3,500 - Terminated
2022-08-18 2022-09-03 16 $3,500 $3,500 Leased
Extras
5 min walk to Bloor Go Station, 5 Min Walk to Lansdowne Subway Station, Dog Park on Site, One of the best locations in the city! Have all the space with some of the best transit, parks, and amenities Toronto offers!
Nearby Intersections
Property Features
Hospital, Park, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1000-1199
Taxes
$2,904 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (A)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain12.20' x 15.03'Hardwood Floor, Window, Closet
DiningMain8.20' x 10.14'Hardwood Floor, W/O To Patio, Combined W/Kitchen
KitchenMain9.06' x 12.11'Tile Floor, Breakfast Bar, Stainless Steel Appl
Prim Bdrm2nd8.86' x 13.88'W/I Closet, Laminate, Window
2nd Br2nd8.04' x 11.06'Laminate, W/I Closet, Window
Den2nd5.09' x 5.22'Separate Rm, Laminate
Toronto Market Statistics
Toronto Price Trend
50 Merchant Lane #105 is a 2-bedroom 2-bathroom townhome listed for sale at $808,800, which is $33,316 (4.0%) lower than the average sold price of $842,116 in the last 30 days (October 19 - November 17). During the last 30 days the average sold price for a 2 bedroom townhome in Toronto declined by $52,136 (5.8%) compared to the previous 30 day period (September 19 - October 18) and down $49,277 (5.5%) from the same time one year ago.
Inventory Change
There were 147 2-bedroom townhomes listed in Toronto over the last 30 days (October 19 - November 17), which is down 18.8% compared with the previous 30 day period (September 19 - October 18) and down 3.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Toronto typically sold ($2,117) (0.3%) below asking price over the last 30 days (October 19 - November 17), which represents a $9,230 increase compared to the previous 30 day period (September 19 - October 18) and $2,305 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 2-bedroom townhomes in Toronto over the last 30 days (October 19 - November 17) stood at 44.2%, up from 30.9% over the previous 30 days (September 19 - October 18) and up from 29.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Toronto stood at 26 days when successfully sold over the last 30 days (October 19 - November 17), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty
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