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    405 - 68 Merton Street

    For SaleLife Condos
    $649,000
    1 Bed + 1
    2 Bath
    1 Parking
    682 SQFT
    14 Days on Strata
    Est Sell Timeframe
    2 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $952/sqft
    Maintenance Fees:
    $700/mth
    Taxes:
    $2,918 (2023)
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    June 21, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

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

    Room Dimensions

    Foyer
    Laminate, Closet
    3.51 x 3.28ft
    Living
    Laminate, Open Concept
    9.94 x 13.85ft
    Kitchen
    Stainless Steel Appliances, Open Concept
    8.66 x 10.07ft

    About this Listing

    Situated in the heart of the exclusive Davisville village, this modern, spacious, and sun-filled one-bedroom plus den with two bathrooms suite offers tranquility and convenience! The den is large enough for a double bed, perfect for use as an office or guest room. The two full bathrooms add to your comfort, and the floor-to-ceiling windows in the open concept living area flood the suite with natural light. Step outside and unwind on the private balcony. Conveniently located in the best part of Midtown, between bustling Yonge & Eglinton and chic Yonge & St. Clair, just a 5-minute walk from Davisville subway station. You'll be steps away from Davisville Medical Dental Centre (a one-stop shop for doctors, dentists, RMTs, etc.), as well as a variety of independent grocery stores, LCBO, boutique coffee shops, and more. Enjoy the outdoors at the nearby Kay Gardner Beltline Trail and Oriole Park. This boutique condo is quiet, extremely neat, and well-managed, with a collection of amenities including 24-hour concierge, gym, party room, guest suites, BBQ area, and more. Your comfort is ensured with a secure parking spot (right by the elevators) and a standard locker, both included. Water and heat bills are covered in the maintenance fees.

    homelife/future realty inc.MLS® #C8247990


    Amenities

    Games Room
    Visitor Parking
    Concierge
    Bike Storage
    BBQ
    Media Room

    Nearby Amenities

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    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 Life Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 53 condos in the Mount Pleasant area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    Life Condos offers the
    ?
    best value out of 53 condos in the Mount Pleasant neighbourhood

    Appreciation Rank

    Life Condos has the
    ?
    highest ROI out of 53 condos in the Mount Pleasant neighbourhood

    Rental Yield

    Life Condos yields the
    ?
    highest rent prices out of 53 condos in the Mount Pleasant neighbourhood

    High Demand

    Life Condos is the
    ?
    most popular building out of 53 condos in the Mount Pleasant neighbourhood

    Transaction Insights at 68 Merton Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$490,000 - $558,000$590,000 - $600,000$920,000$1,026,500No DataNo Data
    Avg. Cost Per Sqft$1,052$1,013$1,083$972No DataNo Data
    Avg. Wait for Unit Availability88 Days48 Days434 Days116 DaysNo DataNo Data
    Ratio of Units in Building32%48%5%15%1%1%

    Maintenance Fees

    Life Condos vs The Mount Pleasant Area

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