40 Merchant Lane, Toronto C01, ON

$879,900
MLS#:C12999856
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Multi-Level"] condo townhouse located in the coveted neighborhood of Dufferin Grove. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $879,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Separate Heating Controls
  • equipped with ["central air"] central cooling and highly efficient radiant heating via gas

Welcome to this bright, renovated end-unit townhome in the heart of Dufferin Grove-where urban energy meets neighbourhood charm. Spanning multiple levels, this sun-filled residence offers a thoughtfully designed open-concept living, dining, and kitchen space (2021), complete with stainless steel appliances, quartz countertops, heated floors, soaring ceilings, and expansive west-facing windows. New hardwood flooring runs throughout three levels, while west exposure windows and two Juliette balconies bring in natural light and a touch of character. The flexible layout includes 2+ bedrooms, two dedicated office spaces, two bathrooms, and generous storage-ideal for modern living and working from home. Step outside to your private rooftop terrace, featuring a BBQ gas line and panoramic west, south, and north views-perfect for entertaining or unwinding. Underground parking and a storage locker add everyday convenience. Set in one of Toronto's most sought-after pockets, you're just moments from Roncesvalles, The Junction, and High Park. Walk to local favourites like Stedfast Brewing Co. and Spaccio West, with Dundas West and Lansdowne subway stations, the UP Express, GO Transit, and bike paths all within easy reach. Pet-friendly and community-oriented, with access to visitor parking, playgrounds, and a dog run-this is elevated city living with a true neighbourhood feel.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 30, 2026
Sold price information is available to members only
Listed Date4/15/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
ConstructionBrick, Stucco (Plaster)
CountyToronto
Annual Tax$3,702.57

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["Central Air"]

Features

Property Features

Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, School Bus Route

Community Features

Location

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40 Merchant Lane, Toronto C01, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Merchant Lane 113, Toronto C01, ON M6P 4J6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$703,920
Monthly Mortgage$4,090
Property Tax (Est.)$309
Utilities & Maint.$350
Total Monthly Cost$4,749

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dufferin Grove, Toronto C01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,231,539

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Mary
Public66 Dufferin Park Avenue, Toronto, Ontario, M6H 1J6
5.3
St Anthony
Public1037 Bloor Street West, Toronto, Ontario, M6H 1M2
8.9
St Helen
Public1196 College Street, Toronto, Ontario, M6H 1B8
6.3
St Sebastian
Public717 Brock Avenue, Toronto, Ontario, M6H 3P1
10.0
St. Andre
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
5.2

Secondary Schools

Bloor
Public90 Croatia Street, Toronto, Ontario, M6H 4B4
9.2
Toronto Ouest
Public330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
8.8
St.-Frère-André
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
7.7
Bishop Marrocco/Thomas Merton
Public1515 Bloor Street West, Toronto, Ontario, M6P 1A3
4.3
Central Commerce
Public570 Shaw Street, Toronto, Ontario, M6G 3L6
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.