MLS® listing
532 Merton Street: semi-detached house for sale
$1,095,000
From the listing brokerage
Rare Midtown Gem, Classic Character & Modern Elegance on an Extraordinary 176 FT Deep Lot! Perfectly positioned in highly sought-after Mount Pleasant East, this charming home seamlessly pairs timeless architectural soul with thoughtful modern upgrades. Designed for stylish, low-maintenance living, the main floor showcases a bright, sun-filled layout featuring a newly renovated gourmet kitchen complete with sleek cabinetry and premium finishes.Upstairs, find two cozy, light-filled bedrooms and a full 4-piece bathroom. The fully finished basement adds exceptional flexible living space, boasting a newly renovated layout with a full bathroom, a dedicated bedroom/home office, and a rare separate entrance-offering immense versatility for a private guest suite, work-from-home setup, or potential rental income.Step outside into your own private sanctuary: an extraordinarily deep 176.66 ft lot providing an expansive backyard oasis rarely found in midtown Toronto-ideal for summer dining, garden enthusiasts, or future outdoor enhancement. Enjoy the incredible convenience of a rare private driveway with 2-car parking.Unbeatable location just steps to the famous Kay Gardner Beltline Trail, pristine parks, Davisville Subway Station, top-ranked schools, and the vibrant shops and bistros along Yonge & Bayview. Move right in and experience effortless city living with unlimited outdoor freedom!
Facts on the listing
| Square feet | 700-1100 |
|---|---|
| Style | 2-Storey |
| Basement | Finished with Walk-Out, Separate Entrance |
| Lot width | 17.5 |
| Lot depth | 176.6 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 2 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $6,607 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | Carpet Free, Floor Drain, Water Heater Owned |
Listing courtesy of PRESTIGIUM REAL ESTATE LTD.. MLS® C14033652.
About this semi-detached house
532 Merton Street is a 3 bedroom semi-detached house in TRREB's Mount Pleasant East community in Toronto, listed for sale at $1,095,000. The listing shows 2 bathrooms and 700-1100 square feet. The style is given as 2-storey. The lot is listed as 17.5 by 176.6 feet. The listing gives the basement as finished with walk-out, separate entrance. It comes with 2 parking spaces according to the listing. The nearest main intersection given is Bayview / Merton.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 532 Merton Street
At the asking price of $1,095,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,095,000 |
|---|---|
| Ontario land transfer tax | $18,375 |
| Toronto municipal land transfer tax | $18,375 |
| Both taxes | $36,750 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $84,500 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $6,607 a year, about $551 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 159 semi-detached house sales in the City of Toronto in August 2026, at a median price of $981,000 and an average of $1,110,639. This home is listed at $1,095,000, which is $114,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 17.5 by 176.6 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Mount Pleasant East
A neighbourhood of semi-detached and detached houses between Mount Pleasant Road and Bayview Avenue, with Line 5 Eglinton stations at both ends of its stretch of Eglinton Avenue East. From April to June 2026 the median sale across all property types was $1,382,500 (TRREB).
Transit: Line 5 Eglinton at Mount Pleasant station (Eglinton Avenue East and Mount Pleasant Road) and Leaside station (Eglinton Avenue East and Bayview Avenue). Line 1 at Davisville station on Yonge Street. TTC buses 74 Mount Pleasant, 103 Mount Pleasant North, 34 Eglinton, 11 Bayview and 28 Bayview South
| Property type | Median | Sales and average |
|---|---|---|
| All property types | Median $1,382,500 | 68 sales, average $1,523,642 |
| Detached | About $1,949,000 | 24 sales, average about $2,067,000 |
| Semi-detached | About $1,332,000 | 32 sales, average about $1,343,000 |
| Condo townhouse | About $1,355,000 | 4 sales, average about $1,334,000 |
| Condo apartment | About $699,000 | 8 sales, average about $712,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Mount Pleasant East
Is Mount Pleasant East a good place to live?
That depends on the home you need and how you travel. Most sales here are semi-detached and detached houses, with a semi-detached median of about $1,332,000 from April to June 2026 (TRREB). Line 5 Eglinton stops at Mount Pleasant and Leaside stations. The area also has a public library branch and a City community centre.
How much does a house cost in Mount Pleasant East?
From April to June 2026 TRREB recorded 32 semi-detached sales with a median of about $1,332,000 and 24 detached sales with a median of about $1,949,000. The median across all 68 sales was $1,382,500.
Is Mount Pleasant East on the subway?
Line 5 Eglinton runs along Eglinton Avenue East, with Mount Pleasant station at Mount Pleasant Road and Leaside station at Bayview Avenue. Mount Pleasant station is one stop east of Eglinton station, where Line 5 meets Line 1 (TTC).
Are there condos in Mount Pleasant East?
Some. TRREB recorded 8 condo apartment sales from April to June 2026 with a median of about $699,000, plus 4 condo townhouse sales. In the 2021 Census 30.1% of private dwellings in the City's Mount Pleasant East profile were in apartment buildings of five or more storeys.
Read the Mount Pleasant East neighbourhood guide · All Mount Pleasant East homes for sale
Similar homes for sale in Mount Pleasant East
$1,459,000565 Roehampton Avenue, Toronto, ON M4P 1S53 bedrooms · 2 bathrooms · Semi-DetachedListed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C14031860
$1,435,00041 Fairfield Road, Toronto, ON M4P 1S93 bedrooms · 2 bathrooms · DetachedListed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C13823664
$2,070,000515 Soudan Avenue, Toronto, ON M4S 1X13 bedrooms · 4 bathrooms · DetachedListed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS® C13849572
$1,998,000256 Erskine Avenue, Toronto, ON M4P 1Z43 bedrooms · 3 bathrooms · DetachedListed by RE/MAX WEST REALTY INC.. MLS® C13875188
$1,599,999219 Broadway Avenue, Toronto, ON M4P 1W13 bedrooms · 4 bathrooms · DetachedListed by RIGHT AT HOME REALTY. MLS® C13848612
$2,345,000255 Blythwood Road, Toronto, ON M4N 1A73 bedrooms · 2 bathrooms · DetachedListed by RE/MAX HALLMARK BATORI GROUP INC.. MLS® C13810544
Questions about 532 Merton Street
How much is land transfer tax on 532 Merton Street?
At the asking price of $1,095,000 the Ontario tax is $18,375 and the Toronto tax is $18,375, $36,750 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 532 Merton Street?
$84,500 at the asking price of $1,095,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 532 Merton Street?
The listing shows $6,607 a year for 2026, about $551 a month.
Is 532 Merton Street priced above or below the median?
It is listed at $1,095,000. The August 2026 median for semi-detached house sales in the City of Toronto was $981,000 across 159 sales, so the asking price is $114,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 532 Merton Street?
Use the form on this page or call us. Quote MLS® C14033652. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 532 Merton Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.