506 18 Merton Street in Toronto: Mount Pleasant West Condo Apartment for sale (Toronto C10) : MLS®# C12944466
Looking to own a stylish and spacious lofts for sale in Toronto? These unique homes offer an unbeatable mix of charm, character, and modern design—perfect for buyers seeking something different from traditional condos. Whether you’re an investor, creative professional, or first-time buyer, Toronto’s vibrant loft market has something for you.
There is a lot to like about this bright and spacious two-bedroom, three-bathroom loft. Spanning two levels, Suite 506 offers over 1,000 square feet of living space and feels even larger thanks to the dramatic 17-foot ceilings in the dining room and expansive floor-to-ceiling, wall-to-wall windows that flood the space with natural light. The updated kitchen features custom Pedini cabinetry, quartz countertops, and premium Bosch appliances. Both the kitchen and dining area provide direct access to a large, covered balcony that is a perfect extension of the living space. The spacious living room is enhanced by custom built-in shelving and a custom integrated entertainment unit, creating both functionality and style. The standout feature is the massive primary bedroom, which easily accommodates a king-sized bed, dresser, and nightstands. It includes a walk-in closet, a 4-piece ensuite with a window, and a walkout to a private balcony. The second bedroom also offers a walk-in closet and its own 4-piece ensuite, ideal for guests or family. Additional upgrades include custom under-stair storage, sleek glass stair railings, and a recently renovated main floor powder room featuring new tile, vanity, and toilet, along with the addition of extra storage space. The unit includes one parking space and one locker. Please note "other" in room details is the balcony. Residents enjoy access to building amenities such as a fitness centre and an outdoor patio with BBQ. 18 Merton Street is a boutique-style building that offers a true sense of community and is perfectly situated in a vibrant neighbourhood where you are just steps from shops, restaurants, grocery stores, pubs, parks, and the TTC Davisville subway station. Outdoor enthusiasts will love having the Beltline Trail right at their doorstep-ideal for walking, running, or cycling.
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Loft
Total Approx Floor Area:
1000-1199
Exposure:
South
Bedrooms:
2
Bathrooms:
3.0
Kitchens:
1
Bedrooms Above Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
3
Balcony:
Open
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
Underground
Parking Type:
Owned
Parking Spaces:
1
Total Parking Spaces:
1.0
Locker:
Owned
Family Room:
No
Possession Details:
90 days
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$1,588.03
Maintenance fees include:
Heat Included, Water Included, Common Elements Included, Parking Included, CAC Included, Building Insurance Included
Assessment Year:
2025
Taxes:
$4,125 /
2025
Assessment:
$- /
2025
Toronto
Toronto C10
Mount Pleasant West
Greenbelt/Conservation, Hospital, Park, Library, Public Transit, School
Carpet Free
Yes-with Restrictions
None
Existing fridge, stove, dishwasher, microwave rangehood, washer, dryer, all electrical light fixtures, entertainment unit and custom cabinets in living room and all window coverings
None
Brick
Visitor Parking, Gym, Rooftop Deck/Garden
Floor
Type
Size
Other
Second
Primary Bedroom
12'9"3.89 m × 12'7"3.84 m
4 Pc Ensuite, Walk-In Closet(s), W/O To Balcony
Second
Bedroom 2
12'9"3.89 m × 10'3"3.12 m
4 Pc Ensuite, Walk-In Closet(s), Laminate
Main
Kitchen
9'3"2.82 m × 7'2.13 m
Quartz Counter, Stainless Steel Appl, W/O To Balcony
Data was last updated April 3, 2026 at 02:15 PM (UTC)
Area Statistics
Listings on market:
141
Avg list price:
$628,888
Min list price:
$339,900
Max list price:
$2,719,900
Avg days on market:
27
Min days on market:
1
Max days on market:
505
These statistics are generated based on the current listing's property type
and located in
Mount Pleasant West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Toronto lofts are known for their spacious layouts, tall ceilings, and industrial aesthetics. Buyers can explore everything from authentic hard lofts in converted warehouses to sleek soft lofts with modern features. Key highlights include:
Exposed brick, wood beams, and warehouse windows
Open-concept layouts ideal for live-work or entertaining
Stylish kitchens, updated bathrooms, and modern finishes
Locations in trendy neighborhoods like King West, Liberty Village, and Distillery District
Why Buy a Loft in Toronto?
Lofts stand out for their architectural details and open space, attracting buyers who value character and flexibility. Buying a loft in Toronto also means:
Strong resale and rental potential
Located near transit, dining, and creative hubs
Low-rise boutique buildings with fewer residents
A true urban lifestyle in highly desirable areas
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FAQs – Lofts for Sale Toronto
1. What’s the average price of a loft in Toronto? Lofts typically range from $700,000 to over $1.5M depending on size, location, and features.
2. What’s the difference between hard lofts and soft lofts? Hard lofts are converted from old factories or warehouses. Soft lofts are newer builds designed in a loft style.
3. Are lofts a good investment in Toronto? Yes, they are unique and highly sought-after, especially in creative and downtown neighborhoods.
4. Can you finance a loft the same way as a condo? Yes, most lofts can be financed like any residential condo, but it’s important to confirm building status with your lender.
5. Which neighborhoods have the most lofts in Toronto? Popular areas include King West, Queen West, Liberty Village, the Fashion District, and Corktown.