Le Corbu
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0Listings for Rentfor Rent
194 Merton St
Le Corbu
194 Merton Stexpand addresses list
    0Listings for Salefor Sale
    0Listings for Rentfor Rent
    Walk Score
    85
    Transit Score
    81
    Bike Score
    56
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    low
    Property Type
    Condo
    Developer
    664215 Ontario Limited
    Condo Completion
    2003
    Property Management
    Orion Management
    Unit Size Range
    660 - 1350 SQFT
    Number of Units
    34
    Number of Storeys
    5

    194 Merton St, Toronto

    About this condo

    Condo Overview

    In the popular Mount Pleasant neighbourhood, the boutique condos at 194 Merton Street should be on the radar of any prospective buyer, but more so those who are attracted to hard lofts in particular. Named Le Corbu Condos, perhaps after the preeminent architect and urban planner Le Corbusier, this chic, luxury building is home to an intimate community of content residents.

    Converted from an office building in 2003, 194 Merton’s art-deco inspired architecture features a striking window wall that encompasses almost all of its street-facing façade.

    Moreover, beyond the building’s elegantly rounded exterior corners, the Le Corbu Condos features a plethora of large windows. This results in a bright atmosphere resonating throughout the building: natural light gleams off of the sophisticated granite-tiled lobby and throughout its upper-level common areas.

    Atop the 5-storey structure at 194 Merton, its residents can enjoy spending time on the inviting common rooftop terrace, containing a garden and a barbecue area. Additionally, these residences boast a rather distinctive amenity: connected to this outdoor terrace is the Le Corbu Condos’ fitness facilities, which includes an exclusive squash court.

    The Suites

    A true boutique building, there are only 34 Toronto condos spread throughout 194 Merton. Their sizes span from around 700 to 1,400 square feet, with most in the 1000-1,200 square foot range. This includes one bedroom, one bathroom suites as well as those containing two bedrooms and two bathrooms, plus even some two bedroom plus den suites with two bathrooms.

    Regardless of whichever suite best serves a prospective buyer’s needs, Toronto condos for sale at the Le Corbu Condos are quite comfortable and welcoming. Thanks to their large windows, an abundance of natural light flows well throughout 194 Merton’s suites, especially considering their open concept living areas, whose ceilings are soar up to 10 feet high.

    Moreover, this bright natural light makes the suites’ engineered hardwood floors shine; the kitchens’ updated, stainless-steel appliances receive the same sunlit treatment, no doubt. And complementing the bright atmosphere, some of these suites feature a cozy fireplace and charming sliding barn doors as well.

    The Neighbourhood

    Similar to 194 Merton’s suites, the Mount Pleasant neighbourhood is known for being warm and friendly. Plus, getting to know one’s neighbours is easy for those living in Le Corbu Condos: steps north of the building, residents can gather at Toronto Tennis City, with its rare red Italian clay courts; and just south of the condo, neighbours can meet up and walk through the lush landscapes of the Kay Gardner Beltline Trail. Yet another place to spend the day outside is in grassy fields of June Rowlands Park — which contains a set of tennis courts, as well as other sports facilities — located between Davisville Avenue and Millwood Road.

    After a rousing match of tennis or stroll on the Beltline, residents will likely be in need of a filling meal, which can be found at any of the local eateries in their neighbourhood. Residents can find an array of restaurants on the first major street east of the condos, Mount Pleasant Road.

    Transportation

    For those who prefer public transit, Davisville Station, on Yonge Street at Chaplin Crescent, is less than a ten-minute walk from 194 Merton. From here, travelers can catch trains heading north or south along Yonge in order to reach uptown Toronto or the downtown core in no time. Alternatively, when it’s snowing, raining, or when one is simply not in the mood to walk, those living in the building can also hop onto the 74 Bus. This bus happens to stop at Merton and Mount Pleasant , which cuts the walk to Yonge Street in half. Alternatively, taking the 74 southbound carries riders toward St. Clair. Station on the the Yonge-University Spadina line — the same line as Davisville, but one station to the south.

    Similarly, drivers have many choices when it comes to getting around the city. A myriad of fast-paced roadways can be found in midtown Toronto, and drivers can use a good number of them in order to access a highway: driving North on Yonge leads to the 401; heading south on Bayview Avenue leads to the Don Valley Parkway; and drivers can also head west on Eglinton Avenue to merge onto the Allen Expressway – all of which are around ten minutes away from Le Corbu Condos.

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    Amenities

    Recreation Room
    BBQ
    Party/Meeting Room
    Squash Racquet Court
    Security System
    Gym
    Rooftop Deck/Garden
    Sauna

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Le Corbu vs The Mount Pleasant Area

    $40.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    Le Corbu's Avg
    price per SQFT
    $876
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $916
    / SQFT

    Building Trends At Le Corbu

    Days on Market

    Units at Le Corbu spend an average of
    16
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    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
    3.6
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 41 condos in the Mount Pleasant area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value

    Le Corbu offers the
    ?
    best value out of 41 condos in the Mount Pleasant neighbourhood

    Return on Investment

    Le Corbu has the
    ?
    highest ROI out of 41 condos in the Mount Pleasant neighbourhood

    Rental Yield

    Le Corbu yields the
    ?
    highest rent prices out of 41 condos in the Mount Pleasant neighbourhood

    High Demand

    Le Corbu is the
    ?
    most popular building out of 41 condos in the Mount Pleasant neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed660 - 660 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$1,935 - $1,935
    1 Bed + Den815 - 815 SQFT
    Average Cost Per Sqft$963
    Sales Price Range$780,000 - $780,000
    Rental Price Range
    N/A
    2 Bed815 - 1350 SQFT
    Average Cost Per Sqft$845
    Sales Price Range$775,000 - $940,000
    Rental Price Range
    N/A
    2 Bed + Den960 - 1200 SQFT
    Average Cost Per Sqft$832
    Sales Price Range$1,125,000 - $1,125,000
    Rental Price Range$2,950 - $2,950

    How Often Are Units Listed?

    1 Bed660 - 660 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every859Days
    Ratio of Unit Type in Building4%
    1 Bed + Den673 - 1050 SQFT
    Average Sales Availability
    Every460Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building25%
    2 Bed815 - 1350 SQFT
    Average Sales Availability
    Every244Days
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building42%
    2 Bed + Den960 - 1215 SQFT
    Average Sales Availability
    Every373Days
    Average Rental Availability
    Every140Days
    Ratio of Unit Type in Building32%

    Maintenance Fees
    Le Corbu vs The Mount Pleasant Area

    $0.17
    Less Expensive
    per SQFT compared to the neighbourhood average
    Le Corbu's Avg
    monthly maintenance
    fee per SQFT
    $0.62
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.79
    / SQFT

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