Beautiful, bright southeast corner 2-storey loft. One bedroom plus den, 750 sq ft interior space plus a private south-facing covered terrace (BBQ allowed). Newer floors (2023) and newer window coverings (2023). Modern open-concept kitchen with granite countertops, full-size appliances, a large window in the kitchen, plus an extra-large pantry for loads of storage. The large main floor pantry can easily be converted back to the original 2-piece powder room; the current owner converted the 2-piece bathroom into the pantry, and all the plumbing is still there to be used to easily add a sink and toilet. Spacious living and dining room area with soaring 16-foot ceilings. Walk out to the private south-facing terrace featuring gorgeous sunny and private treed views. Great-sized Bedroom and den/home office on the second level with a large walk-in closet with custom shelving and gorgeous southeast treed views. Spacious 4-piece bathroom with a window. Large walk-in laundry room with fabulous additional storage space. Locker included. Low maintenance fees with all utilities included. Party room, underground visitor parking, bike storage. Direct access to the Kay Gardner Beltline Trail at the back of the building. Five-minute walk to the Davisville subway station. Enjoy the abundance of amenities along Yonge St & Mount Pleasant Rd. Short Walk To Yonge & Eglinton and Yonge & St Clair. Experience Midtown Toronto living at its finest!
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $799 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 139 Merton St #246
Every detail from the listing, in one place.
Type
Condo
Style
2-Storey
Living space
700-799 sq ftas stated on the listing
Basement
Other
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
Other
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Apartment
139 Merton St #246 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,746
/mo
based on the purchase price of $559,000
$111,800 cash
$447,200 financed
$376,660 total interest
Principal54%$447,200
Interest46%$376,660
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $559K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5114.8%On average, homes sold at or above asking.
Active listings12,802Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 4 – Aug 2, 2026.
Based on 9,270 sales from Aug 2 – Oct 31, 2026 (6,989 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 2 for rent at 139 Merton St — plus its sale and lease history.
139 Merton St #246 is listed at $559,000 (MLS® C14134694). Summitly updates the price as soon as the MLS® record changes.
Is $559,000 a good price for 139 Merton St #246?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 139 Merton St #246 changed?
No — 139 Merton St #246 is still listed at its original asking price of $559,000.
How many bedrooms and bathrooms does 139 Merton St #246 have?
139 Merton St #246 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 139 Merton St #246 close to transit?
The nearest rapid-transit station is Davisville Station (Line 1), about 460 m (about a 6-minute walk) in a straight line. St. Clair Station is about 990 m (about a 12-minute walk), and Eglinton Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 139 Merton St #246?
About $2,746 a month — principal and interest on $559,000 with 20% down ($111,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 139 Merton St #246 compare with other homes in Toronto?
Its asking price of $559,000 is about 33% below the median sold price in Toronto over the last 90 days, $840,000, across 9,270 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 139 Merton St #246 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 139 Merton St #246 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 139 Merton St #246?
139 Merton St #246 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 139 Merton St #246 been on the market?
1 day — 139 Merton St #246 was listed on October 30, 2026.
What is the price per square foot of 139 Merton St #246?
About $700 to $799 per square foot: the asking price of $559,000 over the 700–799 sq ft the listing gives as its size range.