2-50 Merchant Lane
Building Details
Listing History for Merchant Lane Townhouses
Amenities
Maintenance Fees
About 2-50 Merchant Lane — Merchant Lane Townhouses
Located at 2-50 Merchant Lane, Merchant Lane Townhouses is a 2-storey condo containing 96 units. These Toronto condos for sale were completed in 2005 with units starting at 749 square feet, ranging up to 1399 square feet. What makes a Brockton Village condo for sale most appealing is all that the neighbourhood has to offer.
This condo has a Walk Score of 78 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees at 2-50 Merchant Lane are only $0.45, significantly lower than the city average of about $0.67 per-square-foot.
The Suites
Here are some stats that would interest renters or buyers at 2-50 Merchant Lane: 3 units have been sold in the past 12 months, and 3 units have been rented over the same period.
In terms of price per-square-foot, the average cost is $745 and units tend to sell for 21.00% above the list price. Units at 2-50 Merchant Lane have a high probability of receiving more than one offer. On average, a suite will spend 5 days on the market.
The Neighbourhood
Living here means you’re just a 4-minute walk from Solid Design Creative, KIBO Sushi Bloor and Nonna's Place, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 7 minutes to get to ETHICA COFFEE ROASTERS, Propeller Coffee and Baddies.
Grocery pick-ups are made easy thanks to KIBO MARKET, Crown Supermarket and Tavora within a 7-minute walk.
Merchant Lane Townhouses is a great choice for residents who are money conscious — with banks like BMO Bank of Montreal and CIBC Branch with ATM nearby.
Whether you're looking to play, exercise or gather with friends — nearby parks like Erwin Krickhahn Park and Ritchie Avenue Parkette are the perfect spot for all kinds of activities.
Like to shop? Everything you need is close by when you live at 2-50 Merchant Lane, including Nancy Sehlke, THE SPOT and The Crossways which are only 11 away.
Art and culture seekers can enjoy amazing attractions nearby like The Loon, The Art of Banksy and 2E Gallery, less than 3 minutes walking distance from here.
Merchant Lane Townhouses is a short drive away from Perth Avenue Junior Public School, City View Alternative Senior School and Indian Road Crescent Junior Public School, giving you plenty of choice for your child’s education. If you're open to commuting, a quick transit ride offers even more options, including St. Mary Catholic Academy, The Great Lakes College of Toronto and Central Toronto Academy.
Transportation
For transit users, the nearest light transit stop is 1388 Bloor St West and is about a 3 minutes walk away. Residents have access to the subway stop at Lansdowne, which is only 0 minutes walking distance from the building.
In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 1369 Bloor Street W, 1-21 Ruttan Street and 1386-1400 Bloor Street W.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Merchant Lane Townhouses
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 2-50 Merchant Lane
2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|
Price Range | No Data | $735,000 - $975,000 | $945,000 | No Data |
Avg. Cost Per Sqft | No Data | $600 | $638 | No Data |
Price Range | $3,300 - $3,395 | $4,000 | No Data | No Data |
Avg. Wait for Unit Availability | 99 Days | 37 Days | 245 Days | 191 Days |
Avg. Wait for Unit Availability | 209 Days | 155 Days | 301 Days | No Data |
Ratio of Units in Building | 20% | 68% | 10% | 4% |
Unit Sales vs Inventory
Total number of units listed and sold in Brockton Village