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Get 1 Month Free on a 13 Month Lease + 1 Year Gym Membership! Applicable on select suites. T&C apply. Schedule a tour to learn more.
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345 Merton Street stands out for its strong overall value, excellent amenities, and highly convenient location, with a high expert rating and top marks for price and amenities. It is also a strong fit for renters who prioritize pet friendliness and outdoor spaces, with especially notable value for money compared with nearby properties.
Great for
Pet owners| Bachelor | Studio | 1 bath | $2,000 /mo | ||||
| 1 Bedroom | 1 bed | 1 bath | $2,400 /mo |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Hardwood Floor | Open Concept Kitchen |
| Tub/Shower |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | Laundry Facilites |
| Microwave | Stove |
Tech
| Cable Ready |
Building
| Bicycle Storage | Cats OK |
| Dogs OK | Elevator |
| Key Fob Entry | Onsite Laundry |
| Video Surveillance |
Grounds
| Storage |
Services
| On-Site Maintenance |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12 months |
|---|
345 Merton Street offers beautifully renovated 1, 2, and 3 bedroom suites in one of midtown Toronto’s most desirable neighbourhoods. Located near Mount Pleasant Road and Davisville Avenue, the building provides a peaceful, leafy setting with parks, ravines, and vibrant local streets just minutes from Yonge & Eglinton and Yonge & St. Clair. Residents enjoy easy access to restaurants, cafés, shops, top-rated schools, and essential amenities. The property features modern kitchens with stainless steel appliances, functional layouts, and durable finishes. On-site amenities include laundry, indoor heated parking, lockers, bicycle storage, a security system, and a management office. Highly walkable and well-connected, 345 Merton Street is steps from TTC buses and the Yonge subway, with major roads nearby, offering a safe, convenient, and comfortable urban lifestyle. Contact us today to schedule your private tour!
How 345 Merton Street compares to other nearby properties.
Considerations
Studio apartments at 345 Merton Street cost about 12% more than the average rent price for studios in Davisville Village.
1-bedroom apartments here are priced 10% higher than 1-bedrooms in Davisville Village.
| Month | Median Rent |
|---|---|
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| March 2026 | $1,700 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,722 |
| July 2026 | $1,732 |
| August 2026 | $1,732 |
| September 2026 | $1,748 |
| October 2026 | $1,749 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,960 |
| December 2024 | $1,951 |
| January 2025 | $1,968 |
| February 2025 | $1,898 |
| March 2025 | $1,915 |
| April 2025 | $1,844 |
| May 2025 | $1,811 |
| June 2025 | $1,817 |
| July 2025 | $1,819 |
| August 2025 | $1,824 |
| September 2025 | $1,856 |
| October 2025 | $1,846 |
| November 2025 | $1,832 |
| December 2025 | $1,796 |
| January 2026 | $1,797 |
| February 2026 | $1,794 |
| March 2026 | $1,792 |
| April 2026 | $1,797 |
| May 2026 | $1,799 |
| June 2026 | $1,844 |
| July 2026 | $1,837 |
| August 2026 | $1,796 |
| September 2026 | $1,775 |
| October 2026 | $1,784 |
Can I afford to live at 345 Merton St?
Bedrooms
Rent-to-income ratio
30%
$80,000/yr
Davisville Village | Toronto, ON
Davenport • 950 Lansdowne Ave
1–3 Beds
$2,099–$3,809
South Annex • 748 Bathurst St
Studio–3 Beds
$2,030–$4,300
Thorncliffe Park • 95 Leaside Towers
1–3 Beds
$1,950–$4,500
High Park • 111 Pacific Ave
Studio–2 Beds
$1,955–$2,945
North Toronto • 30 Edith Dr
Studio–1 Bed
$1,949–$2,269
Downsview • 25 Apartment Bldg.
1–2 Beds
$1,707–$2,007
Garden District • 40 Gerrard St E
Studio–2 Beds
$1,879–$3,399
Davisville Village • 18 Brownlow Ave
Studio–2 Beds
$1,900–$3,425
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Davenport • 950 Lansdowne Ave
1–3 Beds
$2,099–$3,809
South Annex • 748 Bathurst St
Studio–3 Beds
$2,030–$4,300
Thorncliffe Park • 95 Leaside Towers
1–3 Beds
$1,950–$4,500
High Park • 111 Pacific Ave
Studio–2 Beds
$1,955–$2,945
North Toronto • 30 Edith Dr
Studio–1 Bed
$1,949–$2,269
Downsview • 25 Apartment Bldg.
1–2 Beds
$1,707–$2,007
Garden District • 40 Gerrard St E
Studio–2 Beds
$1,879–$3,399
Davisville Village • 18 Brownlow Ave
Studio–2 Beds
$1,900–$3,425
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
