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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bed, 1 Bath Condo in Toronto
Unit 618 at 195 Merton Street
An Excellent Bachelor Apartment in a Central Location, at an affordable price. South facing apartment with treetop views over the Beltline Trail. Clean and freshly painted. 400 sf plus large balcony. Parking and locker. Popular well run building. Concierge, gym, sauna, party room, community BBQ, visitor parking. Heat, hydro water, central air in maintenance fees. Convenient location close to shops, restaurants, subway. Easy to show, available immediately.
1 bedroom, 1 bathroom, 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 195 Merton St #618
Every detail from the listing, in one place.
Type
Condo
Style
Bachelor/Studio
Living space
0-499 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
Bachelor/Studio
Property class
Condo Apartment
195 Merton St #618 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14167946$365,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 195 Merton St #618 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$1,793
/mo
based on the purchase price of $365,000
$73,000 cash
$292,000 financed
$245,941 total interest
Principal54%$292,000
Interest46%$245,941
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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Zara · AI virtual agent
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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 1–2 bed homes for sale in Toronto around $365K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5150.2%On average, homes sold at or above asking.
Active listings13,023Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 9,205 sales from Aug 12 – Nov 10, 2026 (7,279 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 rent at 195 Merton St — plus its sale and lease history.
195 Merton St #618 is listed at $365,000 (MLS® C14167946). Summitly updates the price as soon as the MLS® record changes.
Has the price of 195 Merton St #618 changed?
No — 195 Merton St #618 is still listed at its original asking price of $365,000.
How many bedrooms and bathrooms does 195 Merton St #618 have?
195 Merton St #618 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 195 Merton St #618?
About $1,793 a month — principal and interest on $365,000 with 20% down ($73,000), 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 195 Merton St #618 compare with other homes in Toronto?
Its asking price of $365,000 is about 57% below the median sold price in Toronto over the last 90 days, $840,000, across 9,205 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 195 Merton St #618 been sold before?
Summitly has no earlier MLS® sale or lease of 195 Merton St #618 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 195 Merton St #618?
195 Merton St #618 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 195 Merton St #618 been on the market?
195 Merton St #618 was listed today (November 10, 2026).
What is the price per square foot of 195 Merton St #618?
About $731 per square foot: the asking price of $365,000 over the 0–499 sq ft the listing gives.
Does 195 Merton St #618 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 195 Merton St #618 have a basement, and is it finished?
The listing says 195 Merton St #618 has no basement.
What is the land transfer tax on 195 Merton St #618?
About $7,900 at the asking price of $365,000: $3,950 Ontario land transfer tax plus $3,950 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.