225 Merton St #501 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $578,000. It has 600-699 sq ft of living space.
1Welcome to your own slice of paradise in the heart of Midtown, where the Kay Gardner Beltline Trail is practically your backyard.
2Inside, this spacious one-bedroom-plus-den suite has plenty to love.
3The primary bedroom easily accommodates a king-size bed and offers exceptional closet space, including a walk-in, along with peaceful views of the Beltline treetops.
Welcome to your own slice of paradise in the heart of Midtown, where the Kay Gardner Beltline Trail is practically your backyard. Morning run? Evening stroll? Taking Fido out for a spin? Just step outside and you're there. Inside, this spacious one-bedroom-plus-den suite has plenty to love. The primary bedroom easily accommodates a king-size bed and offers exceptional closet space, including a walk-in, along with peaceful views of the Beltline treetops. The newly renovated kitchen is fresh, bright and made for entertaining, with quartz countertops, a breakfast bar and an open-concept layout that keeps you connected to your guests. But the real showstopper? The terrace. Overlooking the lush greenery of the Beltline, it feels like your own private escape from the city. Need to work from home? The enclosed den gives you a proper office with a door you can close at the end of the day. And the location? Hard to beat. Davisville subway station, groceries, coffee shops, restaurants, gyms and the movie theatre are all just steps away. City convenience. Treetop views. The Beltline at your doorstep. This is Midtown living done right.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $963 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 225 Merton St #501
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
600-699 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
1 Storey/Apt
Property class
Condo Apartment
225 Merton St #501 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
$2,840
/mo
based on the purchase price of $578,000
$115,600 cash
$462,400 financed
$389,462 total interest
Principal54%$462,400
Interest46%$389,462
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-bed homes for sale in Toronto around $578K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5121.8%On average, homes sold at or above asking.
Active listings12,614Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 7 – Aug 5, 2026: prices down.
Based on 9,257 sales from Aug 5 – Nov 3, 2026 (7,087 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 225 Merton St — plus its sale and lease history.
225 Merton St #501 is listed at $578,000 (MLS® C13786210). Summitly updates the price as soon as the MLS® record changes.
Is $578,000 a good price for 225 Merton St #501?
Summitly rates it Above Market: the asking price is 5% to 15% above 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 225 Merton St #501 changed?
Yes — it was first listed at $592,000 and is now $578,000, a drop of $14,000 (2.4%).
How many bedrooms and bathrooms does 225 Merton St #501 have?
225 Merton St #501 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 225 Merton St #501 close to transit?
The nearest rapid-transit station is Davisville Station (Line 1), about 620 m (about a 8-minute walk) in a straight line. St. Clair Station is about 1.1 km (about a 14-minute walk), and Mount Pleasant Station is about 1.2 km (about a 16-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 225 Merton St #501?
About $2,840 a month — principal and interest on $578,000 with 20% down ($115,600), 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 225 Merton St #501 compare with other homes in Toronto?
Its asking price of $578,000 is about 31% below the median sold price in Toronto over the last 90 days, $842,000, across 9,257 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 225 Merton St #501 been sold before?
Summitly has no earlier MLS® sale or lease of 225 Merton St #501 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 225 Merton St #501?
225 Merton St #501 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 225 Merton St #501 been on the market?
49 days — 225 Merton St #501 was listed on September 15, 2026.
What is the price per square foot of 225 Merton St #501?
About $827 to $963 per square foot: the asking price of $578,000 over the 600–699 sq ft the listing gives as its size range.
Does 225 Merton St #501 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
