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For saleNew listingMLS® C14149876

40 Merchant Lane 124, Toronto, ON M6P 4J6

Dufferin Grove · C01 · M6P 4J6

$799,900

+ $813/mo maintenance$667 / sq ft

Listed today

Bedrooms
2+1
Bathrooms
2
Interior
1,200 sf
Parking
2
Age
16-30 years

What's special

  • Underground parking
  • Owned locker
  • Terrace
  • East exposure
  • Central air
  • Pets with restrictions
  • Common elements, Building insurance, Water included
  • Water heater

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About this property

Stylish and sophisticated, 4-level, executive corner unit, condo townhouse in the heart of the Junction Triangle! Offering approx. 1326 sq ft thoughtfully designed interior space and flooded with natural light with East exposure. This 2 bed + loft, 2 bathroom home is ideal for modern urban living. The functional main floor features a living room and sleek kitchen boasting quartz counters and stainless steel appliances. 2nd floor presents a generous sized bedroom with 2 closets, full bath with quartz counter and a bright den area for a workspace. The third level has the massive primary bedroom with ensuite bath and walk-in closet. The bright top-floor features a versatile loft space with in-suite laundry and walking out to a private rooftop terrace. You can have a BBQ and entertain with views of the CN Tower and Downtown Toronto! Plenty of recent upgrades throughout: All Kitec plumbing removed (2023). Luxury Vinyl Plank Flooring throughout (2023). New Central A/C (September 2026), California Shutters. Family friendly complex with private playground and greenspace, fenced dog run and professionally maintained gardens. Great schools nearby - Perth (French Immersion), Brock PS, and Bloor Collegiate. Super rare to find a downtown property that comes with 2 underground parking spots(!!!) and storage locker. Prime location, only 5 mins walk to Lansdowne TTC Subway Station, UP Express, West Toronto Rail path (amazing for biking and walks down to the lake) and all the cafes, bars and restaurants of Bloordale village and the Junction Triangle. Enjoy the close proximity and amenities of Toronto's most loved communities: Roncesvalles, Dufferin Grove, High Park and Bloor West Village! With a walkability score of 95/100, this location is a walker's paradise. A fantastic opportunity to live in one of Toronto's most dynamic and connected communities. Open House Sunday Nov.8th: 1pm-3pm! Seller is RREA.

Rooms

6 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomGround2.89 × 3.91 m9.5 × 12.8 ftVinyl Floor · Large Window
KitchenGround3.12 × 2.49 m10.2 × 8.2 ftVinyl Floor · Quartz Counter · Closet
Bedroom 2Second3.41 × 3.23 m11.2 × 10.6 ftVinyl Floor · Double Closet · Large Window
DenSecond2.61 × 3.92 m8.6 × 12.9 ftVinyl Floor · Large Window
Primary BedroomThird5.31 × 3.92 m17.4 × 12.9 ftVinyl Floor · 3 Pc Ensuite · Walk-In Closet(s)
LoftUpper4.12 × 3.92 m13.5 × 12.9 ftVinyl Floor · W/O To Terrace · Large Window

Features

  • Other
  • Water Heater

Building amenities

  • BBQs Allowed
  • Bike Storage
  • Visitor Parking

Property details

Property

Property type
condo townhouse
Bedrooms
2 + 1
Bathrooms
2
Interior size
1,200 sq ft
Year built
16-30
Possession
Jan 4 or later

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
East
Balcony
Terrace

Exterior & services

Construction
Brick, Stucco (Plaster)
Garage
Underground
Parking spaces
2

Condominium

Corporation
1657 TSCC
Property manager
360 Community Management Ltd. (905)604-3602
Locker
Owned
Pets
Yes-with Restrictions
Fee includes
Common Elements Included, Building Insurance Included, Water Included, Parking Included

Costs

List price
$799,900
Property taxes
$3,929 / year (2026)
Maintenance fee
$813 / month
Price per sq ft
$667
Rental items
Combination Boiler (Water heater) from Reliance

Listing

MLS® number
C14149876
Status
For sale
Listed
November 4, 2026
Last updated
November 4, 2026
Listing brokerage
TEAM 2000 REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 68% of comparable condo townhouse listings in Toronto are asking less.

$458KMedian $710K$1.12M
This home
$667 / sq ft
Comparable median
$699 / sq ft

Based on 95 comparable active condo townhouse listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.9% · minimum $54,990
$54,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,118.74
Property tax (est.)
$327.39
Maintenance fee
$813.33
Estimated monthly
$5,259

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$12,473
Toronto municipal
$12,473
Total due on closing
$24,946

An estimate on the asking price of $799,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of TEAM 2000 REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$799,900

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