
488 Merton Street
Toronto (Mount Pleasant East), ON M4S 1B3
- 3Bedrooms
- 2Bathrooms
- 2Garage
- —Sq Ft
- $7,031Tax
- 22×176 ftLot Size
- Estimated Value:$1,551,001See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 488 Merton Street, Toronto, Mount Pleasant East
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-02-20 | 2025-02-27 | Login to See Prices | Sold | c11980154 |
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About 488 Merton Street, Toronto, Mount Pleasant East
Beautifully Renovated 3 Bedroom, 2 Bathroom Detached Home in Coveted Maurice Cody School District. Welcome to this stunning home featuring an open-concept main-floor living area with a chef's kitchen. The kitchen boasts quartz countertops, a large eat-in peninsula, stainless steel appliances including a gas range, custom cabinetry, and a walk-out to a spacious rear deck. The large principal rooms throughout the home have hardwood floors and plenty of natural light. Upstairs, you'll find three well-proportioned bedrooms, including the primary suite, plus a nicely appointed 4-piece family bath. The fully finished lower level features a large recreation room, a 3-piece bath with heated floors, a laundry room with a full-sized washer and dryer (2019), a secondary fridge and freezer, and plenty of built-in storage for easy convenience. The professionally landscaped backyard is an oasis, featuring a 4-season studio (2022) perfect for a work-from-home or flex space. The garden is beautifully maintained, with lush green lawns and mature trees that perfectly frame two separate stone patios, creating an ideal setting for outdoor dining, recreation and relaxation. The extra deep 176-foot lot also includes proper two-car parking with a newer carport. Additional features include Owned wall-mounted hot water tank/combination boiler (2022), Ductless mini-split heat pump system (2022), Pergola and back patio (2024), Stainless steel kitchen refrigerator (2024) & New driveway (2023). Offers Anytime.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,031
- Land Transfer Tax Fee
- $62,910
Rental Items
- Rental Equipment
- None.
- Under Contract
- None
- Basement Type
- Finished, Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Water Heater Owned, Carpet Free, Storage, Water Meter
- Fireplace/Stove
- Yes
- Fireplace Features
- Electric
- Elevator
- No
Exterior Features
- Exterior Extras
- Landscaped, Deck, Lighting, Privacy, Patio, Seasonal Living
- Pool
- None
- Property Features
- Park, School, Public Transit, Hospital, Fenced Yard
- Other Structures
- Other
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 22.00 ft
- Lot Depth
- 176.00 ft
Inclusions
- Inclusions
- See Schedule B.
Exclusions
- Exclusions
- See Schedule B.
Parking & Garages
- Garage Type
- Carport
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- Wall Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level, Bay Window, Pot Lights, Hardwood Floor
- Dining Room—Main level, Open Concept, Hardwood Floor, Pot Lights
- Kitchen—Main level, W/O To Deck, Modern Kitchen, Stainless Steel Appl
- Primary Bedroom—Second level, Double Closet, Large Window, Hardwood Floor
- Bedroom 2—Second level, Hardwood Floor, Closet, Window
- Bedroom 3—Second level, Large Window, Hardwood Floor, B/I Closet
- Bathroom—Second level, 4 Pc Bath, Laminate, Pot Lights
- Laundry—Lower level, Laminate, Electric Fireplace, Pot Lights
- Utility Room—Lower level, Laminate, Window
- Bathroom—Lower level, 3 Pc Bath, Tile Floor, Window
- Recreation—Lower level, Laminate, Window, Window
- Study—Ground level, Hardwood Floor, Pot Lights, Walk-Out
Washrooms
- 4-piece, Second
- 3-piece, Lower
- Municipality
- Toronto
- Neighbourhood
- Mount Pleasant East
- Main cross streets
- Merton St Between Bayview & Mt Pleasant
- Directions
- Merton Between Mt Pleasant & Bayview
- MLS® number
- C11980154
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-02-27
- Listed on
- 2025-02-20
- Days on market
- 7 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- CHESTNUT PARK REAL ESTATE LIMITED
Home Market Value
Current home valuation for 488 Merton Street, Toronto, Mount Pleasant East, Toronto, ON. Listed for $1,749,000
HOMEH Estimate
$1,551,001
Estimated Sales Range
$1,225,291 - $1,876,711
HOMEH Estimate for 488 Merton Street, Toronto, Mount Pleasant East
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$349,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,399,200 | $1,311,750 | $1,224,300 | $1,136,850 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,832monthly | $6,405monthly | $5,978monthly | $5,551monthly |
Land Transfer Tax
$31,455
$31,455
$62,910
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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