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    Toronto / Midtown / Mount Pleasant West

    507 - 18 Merton St

    For SaleThe Radius
    $599,000
    2 Beds
    2 Bath
    1 Parking
    740 SQFT
    6 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,147/mth
    Taxes:
    $2,918 (2024)
    Cost Per Sqft:
    $809/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    February 3, 2025
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Wood Floor
    12.7 x 10.83ft
    Dining
    Combined with Living, Window, Wood Floor
    8.1 x 6.43ft
    Kitchen
    Open Concept, Stainless Steel Appliances, Granite Counter
    7.84 x 8.27ft

    About this Listing

    Unique opportunity to own this Rare Spectacular Bright 2 Storey Loft in Midtown. ThisBuilding seldom lists 2Bed Units For Sale. This 740 Sq Ft Open Concept Loft 2 Bedroom isPerfect for Everyone. Located steps to the Beltline Trail, Steps to the TTC Subway, 10 minswalk to Yonge & Eglinton. Don't lose your chance to live in this Quiet, Stylish, and UniqueNiche Community!

    ExtrasSS Fridge/Stove/Dishwasher(2022) in Kitchen. Washer & Dryer(2022), 1x Parking & 1x Locker.Window Coverings, Updated Elfs & Kitchen/Bathroom Faucets(2022).Gym, Courtyard/Common BBQ/Party Rms

    right at home realtyMLS® #C11919868

    Amenities

    Visitor Parking
    BBQs Allowed
    Gym Room
    Bike Storage
    Security System
    Concierge

    Explore Neighbourhood

    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.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

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

    Population
    11,711
    Average Individual Income
    $59,569
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $98,571
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    19%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    28%
    Low Rise Apartment
    12%
    Semi Detached
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    15%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    The Radius vs The Mount Pleasant West Area

    Building Trends At The Radius

    Days on Strata

    Units at The Radius spend an average of
    18
    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
    compared to other buildings in Mount Pleasant West

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -46%
    Decrease in property value within the past twelve months

    Price Ranking

    38th
    Highest price per SQFT out of 58 condos in the Mount Pleasant West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    The Radius offers the
    ?
    best value out of 58 condos in the Mount Pleasant West neighbourhood

    Appreciation Rank

    The Radius has the
    ?
    highest ROI out of 58 condos in the Mount Pleasant West neighbourhood

    Rental Yield

    The Radius yields the
    ?
    highest rent prices out of 58 condos in the Mount Pleasant West neighbourhood

    High Demand

    The Radius is the
    ?
    most popular building out of 58 condos in the Mount Pleasant West neighbourhood

    Transaction Insights at 18 Merton Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$537,500No Data$723,000$788,000 - $792,800No Data
    Avg. Cost Per Sqft$755No Data$726$687No Data
    Avg. Wait for Unit Availability202 DaysNo Data305 Days246 Days527 Days
    Ratio of Units in Building32%16%25%19%10%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant West