There is a lot to like about this bright and spacious two-bedroom, three-bathroom loft. Spanning two levels, Suite 506 offers over 1,000 square feet of living space and feels even larger thanks to the dramatic 17-foot ceilings in the dining room and expansive floor-to-ceiling, wall-to-wall windows that flood the space with natural light. The updated kitchen features custom Pedini cabinetry, quartz countertops, and premium Bosch appliances. Both the kitchen and dining area provide direct access to a large, covered balcony that is a perfect extension of the living space. The spacious living room is enhanced by custom built-in shelving and a custom integrated entertainment unit, creating both functionality and style. The standout feature is the massive primary bedroom, which easily accommodates a king-sized bed, dresser, and nightstands. It includes a walk-in closet, a 4-piece ensuite with a window, and a walkout to a private balcony. The second bedroom also offers a walk-in closet and its own 4-piece ensuite, ideal for guests or family. Additional upgrades include custom under-stair storage, sleek glass stair railings, and a recently renovated main floor powder room featuring new tile, vanity, and toilet, along with the addition of extra storage space. The unit includes one parking space and one locker. Please note "other" in room details is the balcony. Residents enjoy access to building amenities such as a fitness centre and an outdoor patio with BBQ. 18 Merton Street is a boutique-style building that offers a true sense of community and is perfectly situated in a vibrant neighbourhood where you are just steps from shops, restaurants, grocery stores, pubs, parks, and the TTC Davisville subway station. Outdoor enthusiasts will love having the Beltline Trail right at their doorstep-ideal for walking, running, or cycling.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $828 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 18 Merton St #506
Every detail from the listing, in one place.
Type
Condo
Style
Loft
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Loft
Property class
Condo Apartment
18 Merton St #506 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13770224$828,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 18 Merton St #506 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$4,068
/mo
based on the purchase price of $828,000
$165,600 cash
$662,400 financed
$557,915 total interest
Principal54%$662,400
Interest46%$557,915
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $828K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4966.8%On average, homes sold at or above asking.
Active listings12,460Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 30 – Jul 29, 2026.
Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 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
1 for sale at 18 Merton St — plus its sale and lease history.
18 Merton St #506 is listed at $828,000 (MLS® C13770224). Summitly updates the price as soon as the MLS® record changes.
Is $828,000 a good price for 18 Merton St #506?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 18 Merton St #506 changed?
No — 18 Merton St #506 is still listed at its original asking price of $828,000.
How many bedrooms and bathrooms does 18 Merton St #506 have?
18 Merton St #506 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 18 Merton St #506 close to transit?
The nearest rapid-transit station is Davisville Station (Line 1), about 220 m (about a 3-minute walk) in a straight line. St. Clair Station is about 960 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 18 Merton St #506?
About $4,068 a month — principal and interest on $828,000 with 20% down ($165,600), 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 18 Merton St #506 compare with other homes in Toronto?
Its asking price of $828,000 is about the same as the median sold price in Toronto over the last 90 days, $840,000, across 9,552 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 18 Merton St #506 been sold before?
Summitly has no earlier MLS® sale or lease of 18 Merton St #506 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 18 Merton St #506?
18 Merton St #506 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 18 Merton St #506 been on the market?
47 days — 18 Merton St #506 was listed on September 10, 2026.
What is the price per square foot of 18 Merton St #506?
About $691 to $828 per square foot: the asking price of $828,000 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 18 Merton St #506 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
