This beautifully updated 725 sq. ft. suite offers the perfect blend of function and style. Need a home office or a second bedroom? The spacious den features a full door, giving you the flexibility to tailor the space to your needs. A welcoming foyer and multiple closets provide excellent storage throughout. Recent upgrades truly elevate the home, including a brand-new full-size kitchen, modern flooring, and updated appliances. Enjoy the added convenience of parking, a locker, and your own private balcony. The building is meticulously maintained by its original property manager, reflecting true pride of ownership. Ideally situated just steps from the TTC and everyday amenities, while also offering easy access to the peaceful Beltline Trail and nearby green spaces-this location delivers the best of both city living and nature.
1 bedroom, 1 bathroom, about 700 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 260 Merton St #508
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 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
Apartment
Property class
Condo Apartment
260 Merton St #508 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13780974$579,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 260 Merton St #508 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
$2,849
/mo
based on the purchase price of $579,900
$115,980 cash
$463,920 financed
$390,742 total interest
Principal54%$463,920
Interest46%$390,742
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 $580K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5151.3%On average, homes sold at or above asking.
Active listings12,774Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 9 – Aug 7, 2026.
Based on 9,203 sales from Aug 7 – Nov 5, 2026 (7,131 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
260 Merton St #508 is listed at $579,900 (MLS® C13780974). Summitly updates the price as soon as the MLS® record changes.
Is $579,900 a good price for 260 Merton St #508?
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 260 Merton St #508 changed?
No — 260 Merton St #508 is still listed at its original asking price of $579,900.
How many bedrooms and bathrooms does 260 Merton St #508 have?
260 Merton St #508 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 260 Merton St #508 close to transit?
The nearest rapid-transit station is Davisville Station (Line 1), about 720 m (about a 9-minute walk) in a straight line. Mount Pleasant Station is about 1.2 km (about a 15-minute walk), and St. Clair 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 260 Merton St #508?
About $2,849 a month — principal and interest on $579,900 with 20% down ($115,980), 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 260 Merton St #508 compare with other homes in Toronto?
Its asking price of $579,900 is about 31% below the median sold price in Toronto over the last 90 days, $840,000, across 9,203 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 260 Merton St #508 been sold before?
Summitly has no earlier MLS® sale or lease of 260 Merton St #508 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 260 Merton St #508?
260 Merton St #508 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 260 Merton St #508 been on the market?
52 days — 260 Merton St #508 was listed on September 14, 2026.
What is the price per square foot of 260 Merton St #508?
About $726 to $828 per square foot: the asking price of $579,900 over the 700–799 sq ft the listing gives as its size range.
Does 260 Merton St #508 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
