139 Merton Street 448, Toronto C10

$984,999
139 Merton Street 448

$984,999

New
22d
Condo Apartment2-Storey

139 Merton Street 448, Toronto C10

Total Monthly Obligation $5,783

Bed+Den
3+1
Baths
3
Park
1
Sqft
1200-1399
DOM
22d
Score
19
Yield
6.3%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-C13851134
Bed+Den-3+1
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-16-30
Taxes-$4,736 (2025)
Maintenance-$1,215.39/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TERREQUITY SEYMOUR REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-30/60/90 tbd
Neighbourhood-Mount Pleasant West
Title-Residential Condo & Other

No agent assigned

Welcome to The Metro Lofts - a boutique midtown gem in the heart of Davisville Village. This beautifully renovated two-storey loft offers 1,290 sq. ft. of stylish, light-filled living with new laminate floors (2025), a newly-installed oak staircase with designer pickets, a beautiful modern kitchen with quartz counters, pull-up breakfast bar, abundant cabinetry with gold accents, and an updated Bosch appliance package make cooking and entertaining a joy. An enormous living room area boasts large windows offering fantastic soft light throughout the main floor, while upstairs you'll find a large primary bedroom and a second bedroom, each with their own private ensuite bath, a versatile loft-style den, and laundry with a new Samsung washer and dryer. Both independent HVAC fan coils have been updated and the condo comes with parking and a locker. Steps to the Kay Gardner Beltline Trail, Davisville Subway, Yonge Street shops, and vibrant local dining. A perfect blend of urban convenience and tranquil city living - the kind of home you'll love coming back to.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$787,999
Land Transfer Taxes$16,175
Legal Fees (Est.)
$
Total cash required for closing$214,675

Total Monthly Obligation

$5,783/mo
Mortgage $3,973
Monthly Loss $4,738
Principal$1,046
Interest$2,928
Property Tax$395
Condo Fees$1,215
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.8%41
10-Year IRR
11.3%
Returns Index
21.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$62,316/yr
NOI
$34,364/yr
Net Cash Flow
-$1,110/mo
Cash Margin
-21.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
18.1/ 100

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

Comparables

Properties near 139 Merton Street 448

Time

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