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For Lease

124 Merton Street 509 #509

Mount Pleasant West, Toronto, ON
$10
0Bd
0Ba
—sqft
CommercialMLS# C12936798Listed 2026-03-30224 DOM

On the market for 224 days — longer than average. The seller may be open to negotiation.

About this home

NEW PROMOTIONAL RATE: Year 1 discounted rate available for the first 2 qualified tenants who sign a min. 5-year lease before Dec 31, 2026! PLUS a limited-time incentive of 2 months net-free rent during the initial term, and Landlord-offered custom flooring/upgrade packages for select units. Flexible terms & various unit sizes available.Take your business to the next level in Midtown Toronto, in the heart of Davisville Village! This prime, centrally located Boutique Designer building known as "The Empress Building" is steps from TTC transit & abundant local amenities. Onsite management, daily cleaning, elevators, accessible washrooms, staff underground parking, & a unique 2nd-floor patio courtyard. Welcoming ambience suited for professional offices, clinical/supportive services, and creative uses. On the top floor and south-facing with plenty of natural light, unit 509 features a large open area in the centre surrounded by 6 sizeable offices, 3 of which have windows facing south and one larger office ideal for a boardroom. There is also a kitchenette.

Features

  • Yes

Financials

Annual Taxes
$15.07

Estimated Rental Income

Entire property$2,500 – $8,000/mo
Rental yield300000.0% – 960000.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market224 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$10
124 Merton Street 509, Toronto
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