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    68 Merton Street

    Life Condos
    0for Sale
    0for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    14

    Number of Units:

    156

    Condo Completion:

    2016

    Condo Demand:

    Medium

    Unit Size Range:

    400 - 2,500 SQFT

    Unit Availability:

    Low

    Property Management:

    Icon Property Management

    Amenities

    Bike Storage
    Media Room
    BBQs Allowed
    Guest Suites
    Gym Room
    Visitor Parking
    Games Room
    Party Room
    Concierge

    About 68 Merton StreetLife Condos

    Located at 68 Merton Street, this modern 14-storey building strikes an impressive figure — with its tiered exterior and colorful glass accents, Life Condos is an eye-pleasing addition to the Mount Pleasant neighbourhood. Life Condos is a boutique condominium, so amenities are not as extensive as what you might find in a larger building; gym, party room, meeting room, concierge, and parking garage.

    This building is a great choice for professionals who work in downtown Toronto but want a quiet reprieve from busy city life — with a condo at 68 Merton you have a quiet street to call home, and a short subway ride to the downtown core. There's also some appeal here for empty nesters, who are looking to downsize from a detached home.

    One of the major draws of living in Mount Pleasant is access to nature; from 68 Merton Street you are only minutes away from the Kay Gardner Beltline Trail — a beautiful tree-shrouded path connecting to parks throughout the area. Parents with young children have playgrounds and splash pads at June Rowlands Park, and Oriole Park.

    The Suites

    Mount Pleasant is a quiet, charming neighbourhood. While primarily residential, this community is home to trendy cafes, cozy restaurants, expansive green spaces — and all of this is just a 20 minute subway ride from Union Station.

    Toronto condos for sale at Life Condos are spaciously designed and follow a variety of floor plans for studio, 1 bedroom, 2 bedroom, and 3 bedroom condos; sizes range from 500 to 1300 square feet.

    Units have 9 foot ceilings, marble or granite countertops, ensuite laundry, walk-in closets, stainless steel appliances, soaker tubs in master or main bathroom, and private balconies.

    The Neighbourhood

    If you’re concerned about sacrificing convenience for a quiet location, then 68 Merton should lay your fears to rest. From your front door at Life Condos you have several cafes to choose from for grabbing your morning coffee — there’s Palate just down the Street on Merton, you can stroll up Mount Pleasant to Delimark Cafes, Jules Cafe Patisserie, or Thobors Limited; there’s also a Second Cup, Tim Hortons, and Starbucks nearby on Yonge.

    Mount Pleasant has plenty of great restaurants to choose from — and convenient fast-food locations — there’s Chacho's for Mexican food, Red Lantern Pub has comfort food and pool tables, you can check out Smoked & Cracked for lobster rolls and chowder, plus Eglinton is to the north and packed with restaurants and pubs. For quick pick-ups, there’s McDonald’s, KFC, A&W, and Harvey’s on Eglinton.

    For groceries there’s Sobeys Urban Fresh Balliol, Friends Fine Food & Groceries and Friends Fine Food & Groceries on Yonge. Plus, the Yonge Eglinton Centre is less than a 10 minute walk away with boutiques, big box stores, and plenty of choices for fashion and technology.

    Transportation

    68 Merton Street has a walk score of 92 — residents can run most of their errands on foot but may require a vehicle of public transit to accomplish them all. For those who rely on public transit to get to work, it’s just a 5 minute walk to Davisville Station for the Yonge University line.

    Drivers can reach the nearest highway by taking McRae Drive to Laird, and on to Eglinton for the Don Valley parkway. For the 401, head north on Bayview for the nearest on-ramp.

    Maintenance Fees

    Included in Fees
    Water
    Not Included
    Hydro
    Heat
    Air Conditioning

    Listing History for Life Condos

    Oct 30, 202457 days on Strata
    sold

    $2,625,000Down from $2,695,000
    PH01 - 68 merton St
    3
    4
    2
    2500 Sqft
    View
    Oct 06, 202461 days on Strata
    expired

    $608,000
    204 - 68 Merton St
    1
    1
    0
    525 Sqft
    View
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    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,711
    Average Individual Income
    $59,569
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $98,571
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    19%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    28%
    Low Rise Apartment
    12%
    Semi Detached
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    15%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%



    Days on Strata

    Units at Life Condos spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant West

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 70 condos in the Mount Pleasant West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Life Condos offers the
    ?
    best value out of 70 condos in the Mount Pleasant West neighbourhood

    Appreciation Rank

    Life Condos has the
    ?
    highest ROI out of 70 condos in the Mount Pleasant West neighbourhood

    Rental Yield

    Life Condos yields the
    ?
    highest rent prices out of 70 condos in the Mount Pleasant West neighbourhood

    High Demand

    Life Condos is the
    ?
    most popular building out of 70 condos in the Mount Pleasant West neighbourhood

    Market Insights

    Transaction Insights at Life Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$535,000$603,000 - $653,000No DataNo DataNo Data$2,625,000
    Avg. Cost Per Sqft$1,152$988No DataNo DataNo Data$1,078
    Avg. Wait for Unit Availability88 Days50 Days434 Days116 DaysNo DataNo Data
    Ratio of Units in Building32%48%5%15%1%1%

    Market Inventory

    Total number of units listed and sold in Mount Pleasant West