18 Merton Street 303, Toronto C10

$539,900
18 Merton Street 303

$539,900

New
17d
Condo Apartment2-Storey

18 Merton Street 303, Toronto C10

Total Monthly Obligation $3,803

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
17d
Score
16
Yield
5.9%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-C13872376
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$2,895.23 (2026)
Maintenance-$1,184.06/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-ROYAL LEPAGE TERREQUITY PORTFOLIO REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30/60/Flexible
Neighbourhood-Mount Pleasant West
Title-Residential Condo & Other

No agent assigned

SUN-FILLED TWO-STOREY 2-BEDROOM AT THE RADIUS! Rarely offered, this beautifully maintained residence offers the space, privacy and feel of a townhouse while enjoying all the conveniences of condominium living. Ideally situated in the heart of Midtown Toronto, this south-facing suite is filled with natural light and features an exceptionally functional two storey layout. The main level offers a welcoming living/dining area with dramatic double-height ceilings, creating an impressive sense of volume and space. The modern kitchen features a breakfast bar and excellent connection to the living area, while the large main-floor balcony provides a wonderful outdoor extension of the living space - perfect for morning coffee, entertaining or simply enjoying the sunshine. A convenient 3-piece bathroom completes the main level. Upstairs, the private bedroom level features two well-proportioned bedrooms. The spacious primary bedroom offers a 4-piece ensuite, generous closet space, large windows and its own walkout to a second private balcony. The second bedroom features a window and closet, making it an ideal bedroom, home office or flexible living space. The Radius offers outstanding amenities, including a beautifully landscaped rooftop terrace with BBQ area, well-equipped fitness centre, party room and visitor parking. Enjoy one of Midtown's most convenient locations, just steps to Yonge Street and the subway, with the TTC, shops, restaurants, cafés, grocery stores and everyday amenities all at your doorstep. Close to Yonge & Eglinton, Davisville Village, Mount Pleasant Village, parks, trails and the Beltline, with easy access to downtown and the city's major business and entertainment districts. A fantastic neighbourhood for those who appreciate the convenience of urban living while still enjoying a vibrant, established residential community.

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$3,803/mo
Mortgage $2,178
Monthly Loss $3,230
Principal$573
Interest$1,605
Property Tax$241
Condo Fees$1,184
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.5%0
5-Year IRR
4.7%10
10-Year IRR
6.8%
Returns Index
6.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,968/yr
NOI
$9,267/yr
Net Cash Flow
-$1,406/mo
Cash Margin
-52.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
20.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 18 Merton Street 303

Time

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