MLS® listing
162 Merkley Square: detached house for sale
$899,000
From the listing brokerage
Location, location, location! Welcome to this spacious four-level backsplit nestled in an established Scarborough neighbourhood, offering plenty of room to make it your own. Ideally situated just minutes from parks, schools, tennis courts, a dog park, public transit, the hospital, Highway 401, and everyday amenities, everything you need is within easy reach.Step inside to a bright and inviting main level featuring an open-concept living and dining area with hardwood flooring and a large front window filling the space with natural light. The updated kitchen features ample cabinetry and counter space, creating a functional setting for everyday living. With four levels of living space, there's plenty of flexibility whether you're entertaining, working from home, accommodating a growing family, or simply looking for room to spread out.Upstairs, you'll find two generously sized bedrooms and a renovated bathroom. The lower level features a spacious family room and additional bedroom, while the finished basement includes another living area and bedroom, providing even more versatility to suit your needs. Freshly painted throughout, the home provides a bright, neutral backdrop ready for its next owners to add their own personal style.Outside, enjoy a newly fenced backyard with plenty of privacy and space to entertain or relax, along with an existing in-ground pool with the potential to create your own private summer retreat. Complete with a one-car garage and a location that keeps you connected to everything the GTA has to offer, this home is ready for its next chapter in a well-connected Scarborough neighbourhood. ** Pool photo is virtually altered.
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Style | Backsplit 4 |
| Basement | Finished |
| Lot width | 45 |
| Lot depth | 129.97 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 2 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $4,276 |
| Tax year | 2025 |
| Parking | Private |
| Interior features | Carpet Free, Central Vacuum |
| Features | Hospital, Park, School |
Listing courtesy of Keller Williams Energy Real Estate. MLS® E13812786.
About this detached house
162 Merkley Square is a 4 bedroom detached house in TRREB's Morningside community in Toronto, listed for sale at $899,000. The listing shows 2 bathrooms and 1500-2000 square feet. The style is given as backsplit 4. The lot is listed as 45 by 129.97 feet. The listing gives the basement as finished. It comes with 2 parking spaces and an attached garage according to the listing. The nearest main intersection given is Ellesmere Rd & Orton Park Rd.
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 162 Merkley Square
At the asking price of $899,000, 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 | $899,000 |
|---|---|
| Ontario land transfer tax | $14,455 |
| Toronto municipal land transfer tax | $14,455 |
| Both taxes | $28,910 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $64,900 |
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 (2025) | $4,276 a year, about $356 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 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $899,000, which is $271,000 below 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, 45 by 129.97 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- 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.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 162 Merkley Square
How much is land transfer tax on 162 Merkley Square?
At the asking price of $899,000 the Ontario tax is $14,455 and the Toronto tax is $14,455, $28,910 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 162 Merkley Square?
$64,900 at the asking price of $899,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 162 Merkley Square?
The listing shows $4,276 a year for 2025, about $356 a month.
Is 162 Merkley Square priced above or below the median?
It is listed at $899,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $271,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 162 Merkley Square?
Use the form on this page or call us. Quote MLS® E13812786. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 162 Merkley Square 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.
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