Zumper

OFFER:

*Limited Time Offer: Get 1 Month Free with a 13 Month Lease! Advertised net effective rent is based on 1 month free on a 13-month lease. Actual monthly rents range from $1,729 to $2,550. Pricing and incentives are valid on select suites and subject to change without notice. Terms and conditions apply. Schedule a tour to learn more.

modified
1 Day Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

345 Merton St, Toronto, ON M4S 1B5, CAN|Davisville Village
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Contact

Management

Signet Group Inc.

Leasing office

(416) 856-8470

Property Overview

345 Merton Street achieves an impressive overall Zumper expert rating of 8.8, highlighting its strong appeal for renters. The property stands out with a perfect price rating of 10, exceptional amenities, and a prime location rated at 9, making it competitively priced for its features. Additionally, it garners an 8 for trustworthiness, ensuring transparency and confidence in the property's management, while being noted for its pet-friendly outdoor spaces.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, 345 Merton Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 345 Merton Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive

Great for

  • Pet owners

Floor plans

BachelorStudio1 bath$1,596 /mo1 unit available
Junior 1 Bedroom1 bed1 bath$1,753 /mo1 unit available
2 Bedroom2 bed1 bath$2,354–$3,199 /mo

Let's explore this property.

Amenities for 345 Merton Street

Apartment Amenities

Air ConditioningBalcony
Hardwood FloorOpen Concept Kitchen
Tub/Shower

Appliances

DishwasherDishwasher Available
FridgeLaundry Facilites
MicrowaveStove

Tech

Cable Ready

Building

Bicycle StorageCats OK
Dogs OKElevator
Key Fob EntryOnsite Laundry
Video Surveillance

Grounds

Storage

Services

On-Site Maintenance
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About 345 Merton Street

HomeApartments in TorontoDavisville Village 345 Merton Street

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!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 345 Merton Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 345 Merton Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 345 Merton Street
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
345 Merton Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
345 Merton Street stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
345 Merton Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 345 Merton Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

345 Merton Street is great for:

Pet owners

  • Outdoor spaces are available at this property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 345 Merton Street compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

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Rent trends in Davisville Village

Studio apartments at 345 Merton Street cost about 11% less than the average rent price for studios in Davisville Village.

1-bedroom apartments here are priced 17% lower than 1-bedrooms in Davisville Village.

If you decide to upgrade your space, you can expect 2-bedrooms at 345 Merton Street to be 1% less than the average for similarly sized apartments in Davisville Village.

Median rents as of Feb 28 2026.
Davisville Village
Toronto
A table of studio rental data trends in Toronto
MonthMedian Rent
March 2024$1,987
April 2024$1,959
May 2024$1,983
June 2024$1,990
July 2024$1,955
August 2024$1,948
September 2024$1,907
October 2024$1,898
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
A table of studio rental data trends in Davisville Village
MonthMedian Rent
March 2024$2,000
April 2024$1,993
May 2024$2,000
June 2024$2,000
July 2024$1,974
August 2024$2,013
September 2024$2,026
October 2024$1,998
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

Affordability calculator

Can I afford to live at 345 Merton St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$63,840/yr

With your selected rent-to-income ratio, you'd ideally want to make $63,840 annually to afford this studio monthly rent price of $1,596.
For more information on rent affordability, visit our rent calculator.
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Internet available near 345 Merton Street

Neighborhood

Davisville Village | Toronto, ON

NEIGHBORHOOD VIBE
Green oasis
A botanical paradise blooming with foliage.

Getting around Toronto near 345 Merton St

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 345 Merton St, Toronto

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

8/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

4/10
Some bars within walking distance

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