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    2-50 Merchant Lane

    Merchant Lane Townhouses
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    96
    Condo Completion:
    2005
    Condo Demand:
    High
    Unit Size Range:
    749 - 1,399 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Merchant Lane Townhouses

    Receive listing updates for Brockton Village

    Amenities

    Indoor Parking
    Bike Storage
    BBQs Allowed
    Rooftop Deck
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2-50 Merchant LaneMerchant Lane Townhouses

    Located at 2-50 Merchant Lane, Merchant Lane Townhouses is a 2-storey condo containing 96 units. These Toronto condos for sale were completed in 2005 with units starting at 749 square feet, ranging up to 1399 square feet. What makes a Brockton Village condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a Walk Score of 78 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.46 per-square-foot, which is lower than the neighbourhood average of $0.53 per-square-foot.

    The Suites

    Here are some stats that would interest renters or buyers at 2-50 Merchant Lane: 3 units have been sold in the past 12 months, and 2 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $745 and units tend to sell for 21.00% above the list price. Units at 2-50 Merchant Lane have a high probability of receiving more than one offer. On average, a suite will spend 5 days on the market.

    The Neighbourhood

    Living here means you’re just a 4-minute walk from Solid Design Creative, KIBO Sushi Bloor and Nonna's Place, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 7 minutes to get to ETHICA COFFEE ROASTERS, Propeller Coffee and Baddies.

    Grocery pick-ups are made easy thanks to KIBO MARKET, Crown Supermarket and Tavora within a 7-minute walk.

    Merchant Lane Townhouses is a great choice for residents who are money conscious — with banks like BMO Bank of Montreal and CIBC Branch with ATM nearby.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Erwin Krickhahn Park and Ritchie Avenue Parkette are the perfect spot for all kinds of activities.

    Like to shop? Everything you need is close by when you live at 2-50 Merchant Lane, including Nancy Sehlke, THE SPOT and The Crossways which are only 11 away.

    Art and culture seekers can enjoy amazing attractions nearby like The Loon, The Art of Banksy and 2E Gallery, less than 3 minutes walking distance from here.

    Merchant Lane Townhouses is a short drive away from Perth Avenue Junior Public School, City View Alternative Senior School and Indian Road Crescent Junior Public School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including St. Mary Catholic Academy, The Great Lakes College of Toronto and Central Toronto Academy.

    Transportation

    For transit users, the nearest light transit stop is 1388 Bloor St West and is about a 3 minutes walk away. Residents have access to the subway stop at Lansdowne, which is only 0 minutes walking distance from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 1369 Bloor Street W, 1-21 Ruttan Street and 1386-1400 Bloor Street W.

    Merchant Lane Townhouses Reviews

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    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

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

    Population
    8,284
    Average Individual Income
    $62,786
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $100,423
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    21%
    50 - 64
    20%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    24%
    $60,000+
    15%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    38%
    Detached
    22%
    Semi Detached
    22%
    Low Rise Apartment
    14%
    Duplex
    1%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    82%
    Mandarin
    8%
    French
    2%
    Arabic
    2%
    Tagalog
    2%
    Spanish
    2%
    Russian
    1%
    Portuguese
    1%
    Education
    University and Above
    36%
    High School
    23%
    None
    18%
    College
    16%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Merchant Lane Townhouses vs The Brockton Village Area

    Days on Strata

    Units at Merchant Lane Townhouses spend an average of
    5
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    21%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers
    compared to other buildings in Brockton Village

    Turnover of Units

    On average, each unit is owned for
    2.6
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 8 condos in the Brockton Village area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Merchant Lane Townhouses offers the
    ?
    best value out of 8 condos in the Brockton Village neighbourhood

    Appreciation Rank

    Merchant Lane Townhouses has the
    ?
    highest ROI out of 8 condos in the Brockton Village neighbourhood

    Rental Yield

    Merchant Lane Townhouses yields the
    ?
    highest rent prices out of 8 condos in the Brockton Village neighbourhood

    High Demand

    Merchant Lane Townhouses is the
    ?
    most popular building out of 8 condos in the Brockton Village neighbourhood

    Transaction Insights at 2-50 Merchant Lane

    2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$735,000 - $975,000$945,000No Data
    Avg. Cost Per SqftNo Data$600$638No Data
    Avg. Wait for Unit Availability111 Days42 Days264 Days191 Days
    Ratio of Units in Building19%70%10%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in Brockton Village