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    119 Merton Street & 139 Merton Street

    0for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    7
    Number of Units:
    194
    Condo Completion:
    2000
    Condo Demand:
    High
    Unit Size Range:
    546 - 1,290 SQFT
    Unit Availability:
    Medium

    Listing History for The Metro

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    Amenities

    Car Wash
    Indoor Parking
    Bike Storage
    Games Room
    Gym Room
    BBQs Allowed

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 119 Merton StreetThe Metro

    The Mount Pleasant neighbourhood in midtown Toronto has been popular for so long, it’s easy to confuse developments like the Metro Condos at 119-139 Merton Street for much older buildings. Completed in 2000 by the community-oriented 119 Merton Street Developments, the Metro Condos was designed by Rafael + Bigauskas Architects.

    In an effort to establish a vibrant community, the architects drew design inspiration for the 7-storey podium at 119-139 Merton from the heritage buildings in the surrounding area. As a result, the base of the condo features classic elements such as red brick, elegant masonry, and dormer windows.

    In fact, the podium of the Metro Condos almost looks like a well preserved historical façade. Those in search of modern luxuries will be glad to hear that despite this aesthetic, the building was constructed just less than two decades ago. The construction process also resulted in a modern pair of towers above, which are thoughtfully set back from the street. Standing at 13 storeys high, many long balconies and a plethora of windows richly texture the clean design of these towers. To top it all off (literally), the towers are each crowned with sophisticated cornices framing their wraparound upper-level terraces.

    Inside, the 119-139 Merton contains a generous set of contemporary amenities. Residents have access to a billiards room, a party room, an exercise room, and even a library. The Metro Condos also has enough underground parking to accommodate homeowners as well as their visitors. And while guests likely won’t drive all the way over to the building just to use the car wash, residents enjoy having access to this rather unique perk.

    Finally, the building's atmosphere feels warm and welcoming throughout — and not just because of its heritage-inspired architecture. The grounds surrounding the building also boasts a welcoming courtyard with carefully cultivated gardens.

    The Suites

    The Merton Condos’ charming ambiance continues into its 196 suites. Plenty of living space is dedicated to each home, as the Toronto condos for sale here are spread out over the large complex: these one-bedroom and one-plus-den living spaces range from approximately 600 to 1,300 square feet, with some spanning 2 storeys. And many suites even boast access their own balconies and terraces, offering residents great views of lush natural landscapes.

    Even though the building is a contemporary edifice, many of the suites found within boast a loft aesthetic. While some ceilings soar as high as 18-feet, all of the homes feature floor-to-ceiling windows that let in an abundance of natural light, which flows especially well throughout their open-concept layouts.

    The Neighbourhood

    Many of those aforementioned natural landscapes in Mount Pleasant are part of an extensive network connected to the Beltline Trail, which sits right behind the condo. Yet those living at 119-139 Merton also have the option to spend time in a green space outside this network: the June Rowlands Park around the corner, at Davisville Avenue and Mount Pleasant Road.

    June Rowlands is a popular park, with baseball diamonds, tennis and basketball courts, and a picnic site, but those aren’t the only reasons why residents visit often. Rather, this park also happens to be situated in the heart of an eclectic eating and shopping scene. Along Mount Pleasant, residents can find many local establishments, as well as the Regent Theatre near Belsize Drive.

    The community is quite proud of the Regent: the well-preserved 1920s building that once housed a live performance venue called the Crest Theatre is now home to an independent cinema that oozes old-world grandeur. As such, the Regent curates interesting screenings, showing films that promise to delight even the most discerning of cinephiles.

    Transportation

    Those living in 119-139 Merton can get around the city easily — even without a car of their own. Residents live just around the corner from Davisville Station, located at Yonge and Davisville. This being the case, it’s also no surprise that Davisville Station is situated on the Yonge-University-Spadina subway line. By hopping onto a train here, travelers can head north and south through the city. They can also connect to the Bloor-Danforth line in order to transfer onto east or westbound trains by heading just four stops south.

    Last but not least, residents of the Metro Condos who drive can enjoy the simplicity of being able to follow Yonge Street to reach the north and south ends of the city. Those heading south can ride south through the downtown core toward the Lakeshore, or north all the way to the 401 or into the suburbs. Drivers looking for the quickest access to a highway can head south on Bayview Avenue, whose winding roads lead into Don Valley, where a connection to the Don Valley Parkway can be found.

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    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,711
    Average Individual Income
    $59,569
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $98,571
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    19%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    28%
    Low Rise Apartment
    12%
    Semi Detached
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    15%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Metro vs The Mount Pleasant West Area

    Days on Strata

    Units at The Metro spend an average of
    12
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant West

    Turnover of Units

    On average, each unit is owned for
    3.9
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    34th
    Highest price per SQFT out of 57 condos in the Mount Pleasant West area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    The Metro offers the
    ?
    best value out of 57 condos in the Mount Pleasant West neighbourhood

    Appreciation Rank

    The Metro has the
    ?
    highest ROI out of 57 condos in the Mount Pleasant West neighbourhood

    Rental Yield

    The Metro yields the
    ?
    highest rent prices out of 57 condos in the Mount Pleasant West neighbourhood

    High Demand

    The Metro is the
    ?
    most popular building out of 57 condos in the Mount Pleasant West neighbourhood

    Transaction Insights at 119 Merton Street

    1 Bed1 Bed + Den2 Bed
    Price Range$489,400 - $680,000$687,500 - $770,000$1,016,000 - $1,350,000
    Avg. Cost Per Sqft$969$896$997
    Avg. Wait for Unit Availability132 Days54 Days122 Days
    Ratio of Units in Building23%48%30%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mount Pleasant West