714 Merton Street, Toronto C10

$1,275,000
714 Merton Street

$1,275,000

New
8d
Detached2-Storey

714 Merton Street, Toronto C10

Total Monthly Obligation $6,116

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
18
Yield
4.6%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-C14084812
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-20 × 176 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$7,174.36 (2026)
Parking-2 - None
Basement-Finished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Mount Pleasant East
Title-Residential Freehold

No agent assigned

A Davisville classic with Endless Potential. Opportunity awaits in this charming, detached home, lovingly owned by the same family for 40 years. The main floor features a spacious living room with a brick wood-burning fireplace, flowing into a formal dining area and sunlit kitchen with a walkout to the rear deck and private yard. Upstairs, a generous, naturally bright landing leads to three well-proportioned bedrooms with gleaming oak parquet floors and 4-piece bath. The versatile basement offers reasonable ceiling height, a generous family recreation room, 3-piece bathroom, ample storage, and a rare, highly desirable walk-out to the the back yard. Perfectly situated in Davisville village, this home offers an exceptional, highly walkable lifestyle. Steps to top-rated schools (Maurice Cody PS), beautiful parks, artisanal bakeries, cafes, and everyday amenities along Bayview Avenue. A rare opportunity to own a cherished family home in a premier midtown pocket! Full of character and possibilities, this is the perfect place for a new family to put down roots, create lasting memories, and make the home their own.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,020,000
Land Transfer Taxes$21,975
Legal Fees (Est.)
$
Total cash required for closing$278,475

Total Monthly Obligation

$6,116/mo
Mortgage $5,143
Monthly Loss $4,762
Principal$1,353
Interest$3,790
Property Tax$598
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.8%34
10-Year IRR
10.4%
Returns Index
18.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$59,256/yr
NOI
$41,656/yr
Net Cash Flow
-$1,672/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
17.2/ 100

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

Comparables

Properties near 714 Merton Street

Time

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