50 Merchant Lane #105
Dufferin Grove, Toronto, M6P 4J6
FOR SALE
$699,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC9509189
MLSIDContact 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!
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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
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.20' x 15.03' | Hardwood Floor, Window, Closet |
| Dining | Main | 8.20' x 10.14' | Hardwood Floor, W/O To Patio, Combined W/Kitchen |
| Kitchen | Main | 9.06' x 12.11' | Tile Floor, Breakfast Bar, Stainless Steel Appl |
| Prim Bdrm | 2nd | 8.86' x 13.88' | W/I Closet, Laminate, Window |
| 2nd Br | 2nd | 8.04' x 11.06' | Laminate, W/I Closet, Window |
| Den | 2nd | 5.09' x 5.22' | Separate Rm, Laminate |
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Toronto Market Statistics
Toronto Price Trend
50 Merchant Lane #105 is a 2-bedroom 2-bathroom townhome listed for sale at $699,900, which is $167,280 (19.3%) lower than the average sold price of $867,180 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom townhome in Toronto declined by $52,720 (5.7%) compared to the previous 30 day period (September 1 - September 30) and down $43,123 (4.7%) from the same time one year ago.Inventory Change
There were 160 2-bedroom townhomes listed in Toronto over the last 30 days (October 1 - October 30), which is down 15.3% compared with the previous 30 day period (September 1 - September 30) and up 7.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Toronto typically sold ($5,567) (0.6%) below asking price over the last 30 days (October 1 - October 30), which represents a $7,902 increase compared to the previous 30 day period (September 1 - September 30) and ($3,549) 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 1 - October 30) stood at 36.9%, up from 21.2% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 22 days when successfully sold over the last 30 days (October 1 - October 30), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Advantage Realty
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