18 Merton Street 906, Toronto C10

$798,000
18 Merton Street 906

$798,000

New
25d
Condo Apartment2-Storey

18 Merton Street 906, Toronto C10

Total Monthly Obligation $5,386

Bed+Den
3+1
Baths
3
Park
1
Sqft
1000-1199
DOM
25d
Score
15
Yield
5.8%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Condo Apartment
MLS® Number-C13837624
Bed+Den-3+1
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$4,212.54 (2026)
Maintenance-$1,616.53/mo
Locker-Ensuite+Exclusive
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Other)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Roof-Unknown
Possession-30/60
Neighbourhood-Mount Pleasant West
Title-Residential Condo & Other

No agent assigned

Welcome home to a beautifully reimagined 2-bedroom + den, 3-bathroom loft offering over 1,100 sq ft of sophisticated urban living. Completely transformed from top to bottom, this turnkey residence combines stylish design, exceptional comfort, underground parking and a storage locker. The open-concept main level is made for entertaining, featuring a chef-inspired kitchen with full-size stainless steel appliances (extended 4-year warranty), quartz countertops and backsplash, custom built-ins, designer LED lighting and sleek waterproof vinyl plank flooring. Three spa-inspired bathrooms showcase Italian porcelain tile, floating vanities and elevated fixtures. The primary retreat offers a walk-in closet, stunning ensuite and private balcony, perfect for morning coffee or unwinding at the end of the day. A second balcony off the kitchen and dining area is ideal for alfresco dinners, entertaining or simply enjoying the outdoors. The versatile main-floor Den can easily serve as a third bedroom, home office or guest suite. Floor-to-ceiling south-facing windows fill the home with natural light. With a Walk Score of 97, enjoy cafés, restaurants, groceries, parks, the Beltline Trail, transit and everyday amenities right at your doorstep. Davisville Subway Station is nearby, with approximately 11 minutes to Queen Station and 14 minutes to Union Station. An excellent opportunity to own a stylish property in one of Toronto's exciting neighbourhoods, whether as your full-time home or a convenient city retreat. Coming into Toronto for a weekend to visit family or friends, enjoy theatre, concerts, the opera, dining or a night on the town? Park underground, settle in and enjoy everything the city has to offer. Turnkey, bright and sophisticated, this is where luxury living meets effortless city life. Come see it and picture yourself home. Some photos have been virtually staged. Maintenance fees include all utilities except hydro.

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

Closing Costs

Mortgage Amount
$638,400
Land Transfer Taxes$12,435
Legal Fees (Est.)
$
Total cash required for closing$173,535

Total Monthly Obligation

$5,386/mo
Mortgage $3,219
Monthly Loss $4,539
Principal$847
Interest$2,372
Property Tax$351
Condo Fees$1,617
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.6%13
10-Year IRR
7.5%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$46,668/yr
NOI
$15,990/yr
Net Cash Flow
-$1,886/mo
Cash Margin
-48.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
16.4/ 100

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

Comparables

Properties near 18 Merton Street 906

Time

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Data last updated within the past 24 hours.