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    1231 - 119 Merton Street

    For SaleThe Metro
    $1,475,000
    2 Beds
    2 Bath
    1 Parking
    1,200 SQFT
    15 Days on Strata
    Est Sell Timeframe
    2 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,229/sqft
    Maintenance Fees:
    $998/mth
    Taxes:
    $4,517 (2023)
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South West
    Possession Date:
    July 10, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump
    Ensuite Laundry
    No

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Hardwood Floor, Open Concept
    17.65 x 25ft
    Living
    Walkout To Patio, Open Concept, Hardwood Floor
    17.65 x 25ft
    Dining
    Combined with Living, Hardwood Floor, Built-in Bar
    17.65 x 25ft

    About this Listing

    This 2 Storey Condo In The Highly Sought After "The Metro" Condominiums On Merton Is Ready For You To Call it Home. Where Do We Start? From The Minute You Walk In, You Are Greeted With Natural Light Flooding In Through Your 230 SF Terrace That Overlooks The Belt Line, Soaring Ceilings And Gleaming Hardwood Floors! Strategically Laid Out, The Primary Bedroom & Ensuite Sits On The Second Level Of This Incredible Penthouse While The Second Bedroom Is Conveniently Located On The Main Floor With Its Own Bathroom. Entertaining Is A Breeze With The Large Open-Concept Living Space That Blends Into The Kitchen.

    ExtrasPlease Reference Schedule C For List Of Upgrades. Only 6 Units On The Penthouse Floor.

    the agencyMLS® #C8244984


    Amenities

    Games Room
    Visitor Parking
    Bike Storage
    BBQ
    Party Room
    Indoor Parking

    Nearby Amenities

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,396
    Average Individual Income
    $62,966
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $112,148
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    21%
    Low Rise Apartment
    11%
    High Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    16%
    Mandarin
    15%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at The Metro spend an average of
    10
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    3.8
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 53 condos in the Mount Pleasant area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    The Metro offers the
    ?
    best value out of 53 condos in the Mount Pleasant neighbourhood

    Appreciation Rank

    The Metro has the
    ?
    highest ROI out of 53 condos in the Mount Pleasant neighbourhood

    Rental Yield

    The Metro yields the
    ?
    highest rent prices out of 53 condos in the Mount Pleasant neighbourhood

    High Demand

    The Metro is the
    ?
    most popular building out of 53 condos in the Mount Pleasant neighbourhood

    Transaction Insights at 119 Merton Street

    1 Bed1 Bed + Den2 Bed
    Price Range$660,000 - $680,000$690,000 - $770,000$1,211,000 - $1,360,000
    Avg. Cost Per Sqft$1,067$959$932
    Avg. Wait for Unit Availability126 Days56 Days120 Days
    Ratio of Units in Building24%47%31%

    Maintenance Fees

    The Metro vs The Mount Pleasant Area

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