47 days on market
Virtual Tour360°
$999,999
For Sale

40 Merchant Lane, Unit #113

Dufferin Grove, Toronto

2+2 Bed|2+2 Bath|Yes|47 days on market

$999,999

Buy with Dwelly and Save $10,000

Or call Dwelly at: (647) 797-1133

Home Details

Maintenance
$629000 / month
Taxes
$293 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
W
Move-in Date
60/90
Building Age
16-30 Years
Locker
Owned
Hydro Included
No
Heating
Other
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Upper
Exterior
Stucco/Plaster, Brick Front
Property Type
Condo Townhouse
Style
Multi-Level
Status
New
Give Money

Buy with Dwelly and save $10,000 refund

Refunds vary by sale price, market and are subject to a minimum commission. Please get in touch and read the Refund Terms and Conditions to learn more.

Listing Description

Unbeatable Location in Trendy Dufferin Grove! Welcome to TH113 - 40 Merchant Lane -- a bright, stylish 4-level high coveted END-UNIT townhome nestled in one of Toronto's most dynamic and rapidly growing neighbourhoods. With Dufferin and Lansdowne subway stations, the UP Express, bike paths and GO Transit all within walking distance, commuting or exploring the city has never been easier. Step inside to discover a beautifully renovated interior featuring a sleek, modern kitchen (2021) with stainless steel appliances, gleaming quartz countertops and updated flooring throughout including cozy heated floors on the main level. Sun-drenched west-facing windows bring warmth and natural light into every corner of this home. You're surrounded by some of Toronto's most sought-after neighbourhoods including; Roncesvalles, The Junction, High Park and Bloordale Village -- plus just steps from local gems like Stedfast Brewing Co., Spaccio West and Ethica Coffee Roasters with more new favourites are popping up all the time! This move-in-ready home boasts two generously sized bedrooms, two full baths, two dedicated office spaces, ample storage, in-suite laundry, two Juliette balconies and a ROOFTOP TERRACE with a BBQ gas line -- perfect for entertaining or unwinding under the stars. Underground parking and a storage locker are also included. Set in a welcoming, pet-friendly community, you'll also enjoy access to visitor parking, a children's playground and a fully fenced dog run. Don't miss your chance to live in this super vibrant urban pocket with a true neighbourhood feel!
NO KITEC! Renovated living/dining/kitchen includ HEATED FLOORS. New Floors Throughout. Super BRIGHT with West exposure! Including: Existing window blinds, all electric light fixtures, ceiling fan in family room. Existing appliances including stainless steel: GE fridge, built-in GE dishwasher. Stainless steel: Panasonic microwave, KitchenAid convection oven/conduction stovetop and above-range JennAir hood exhaust/light [2021]. Stacked washer & dryer [2022]. Nest thermostat, bathroom mirrors, custom air conditioner cover, coat rack. Note: Heat Source: Gas-fired integrated combination heating system - provides both heating and 'on demand' domestic hot water. Monthly Fees includes: Water, Building Insurance, Reserve Fund Contribution, Property Management, Common Area Snow Removal & Garden Care.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Apr 1, 202549$999,000N/ATerminatedC12052563
Dec 15, 202031$819,000$790,000SoldC5065289
Nov 16, 202029$819,000N/ATerminatedC4990330
Oct 5, 202041$829,000N/ASuspendedC4941659
Sep 27, 20209$849,000N/ATerminatedC4930131
Sep 17, 202011$849,000N/ATerminatedC4917757
Sep 10, 202018$789,900N/ATerminatedC4906860
May 23, 200562$269,000$263,000SoldW681569

Rooms

Room dimensions for 40 Merchant Lane, Unit #113, Toronto
Kitchen
13 x 11143 sqft
Living
13 x 9117 sqft
2nd Br
12 x 11132 sqft
Office
13 x 8104 sqft
Bathroom
7 x 749 sqft
Primary
14 x 20280 sqft
Bathroom
5 x 735 sqft
Family
14 x 13182 sqft
Other
9 x 1090 sqft
Foyer
2 x 36 sqft

Building Amenities

Bbqs Allowed
Playground
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 40 Merchant Lane113 is 634223

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$999999
Down Payment$200000
Mortgage Insurance$0
Total Mortgage$799999

Monthly Payment


Mortgage Payment$4930
Property Taxes$293
Maintenance Fees$629000
Monthly Payment$634223
$634223
monthly

About 40 Merchant Lane, Unit #113, Toronto

Located at 40 Merchant Lane Unit #113, this Toronto condo is available for sale. This property was listed for $999,999 on Tue May 20 2025. This condo's size is 1200-1399 Sqft. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $629,000 per month and taxes are approximately $3,513 annually. Views are to the West from this property. Step outside onto the open balcony. The property's amenities include Bbqs Allowed, Playground, Visitor Parking. The property includes the following rooms: Kitchen, Living, 2nd Br, Office, Bathroom, Primary, Bathroom, Family, Other, Foyer. This property comes with 1 parking spots. This property also comes with a locker. are included with this property. 40 Merchant Lane, Toronto is situated in the Dufferin Grove neighbourhood.


MLS#: C12158375 · $999,999 · 2 bedroom condo in Dufferin Grove, Toronto