208A Merton Street, Toronto C10

$1,799,000
208A Merton Street

$1,799,000

New
2d
Att/Row/Townhouse3-Storey

208A Merton Street, Toronto C10

Total Monthly Obligation $8,279

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
2d
Score
20
Yield
5.0%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.9%
Property Type-Att/Row/Townhouse
MLS® Number-C14103074
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-16.44 × 55.68 ft
Listed on site-Oct 21, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$7,767 (2025)
Parking-2 - Built-In
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Mount Pleasant West
Title-Residential Freehold

No agent assigned

208A Merton is a lifestyle destination for those who crave sophistication, comfort, and connection in one of Torontos most vibrant enclaves. This rare freehold townhouse offers the ease of ownership without the fees, combining the freedom of a house with the low-maintenance appeal of urban living. Wake up in your sun-drenched primary suite, pour a coffee, and head upstairs to your 534 square foot rooftop terrace. Wrapped in skyline views, surround sound, and featuring a fully automated Rolltec awning, it is your private retreat in the sky. Spend evenings dining alfresco under the stars or curling up beside the glow of the gas fireplace in your elegant living room, with built-in shelves and crown moulding framing the space. Inside, this home balances contemporary design with timeless warmth. Soaring 10 foot ceilings on the main level create a gallery-like feel, perfect for entertaining. The chefs kitchen, with its high-end appliances, granite counters, and ceiling-height shaker cabinetry, opens seamlessly to a walk-out balcony with a gas line.Upstairs, the versatile layout adapts to your lifestyle. Whether you envision a stylish media lounge, a dressing room worthy of a magazine spread, or a cozy guest suite, every space is rich with light, storage, and thoughtful finishes. Heated floors in all bathrooms and the foyer add a daily touch of luxury, and integrated speakers let you soundtrack your moments with ease. And when the city calls, you are just steps to the Beltline Trail, Davisville subway, and the boutiques and cafés of Yonge Street, along with top-rated schools and a true sense of community. A rare built-in two car garage, central vacuum, alarm system, and custom window coverings complete the offering. This is turnkey Midtown living for those who want it all style, function, and the freedom to live beautifully.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,439,200
Land Transfer Taxes$32,455
Legal Fees (Est.)
$
Total cash required for closing$393,755

Total Monthly Obligation

$8,279/mo
Mortgage $7,257
Monthly Loss $6,369
Principal$1,910
Interest$5,347
Property Tax$647
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.8%2
5-Year IRR
11.8%48
10-Year IRR
11.9%
Returns Index
25.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$89,820/yr
NOI
$68,571/yr
Net Cash Flow
-$1,542/mo
Cash Margin
-20.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
16.8/ 100

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

Comparables

Properties near 208A Merton Street

Time

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Data last updated within the past 24 hours.