Maintenance Fees
The Rio - Tower II Condos vs The Mount Pleasant West Area
for sale
53 Days on Strata
303 - 253 Merton St
$739,000
2 Beds
2 Bath
1 Parking
940 SQFT
Price History
- Maintenance Fees:
- $1,186/mth
- Taxes:
- $3,823 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $786/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- South West
Amenities
Visitor Parking
Gym
Party Room
Concierge
Bike Storage
About this Listing
Tucked away on Merton Street, this distinguished corner suite showcases open southwest treetop views. An elevated urban retreat in the heart of midtown. The residence offers two bedrooms and two bathrooms, including a spacious primary suite with a walk-in closet, ensuite bath and room for a king-size bed. A thoughtfully renovated kitchen with a charming breakfast nook complements the bright living room, which opens directly onto a private balcony overlooking the scenic Beltline Trail. Generous proportions and refined finishes throughout create a sense of quiet sophistication. Residents enjoy the convenience of 24-hour concierge service, ample visitor parking, and the exceptional value of maintenance fees that include all utilities. With effortless access to green spaces, the subway, and midtown's vibrant shops and restaurants, this home offers a rare balance of nature and city living. A special serene and spacious unit ready to be called home.
ExtrasExisting Stove, Dishwasher, Fridge, Stackable Washer & Dryer, Custom Curtains and Window Coverings, Light Fixtures
sutton group-associates realty inc.MLS® #C12434279
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 21.98 x 10.5ft
- Combined with Dining, Walkout To Balcony, South View
- Dining
- 21.98 x 10.5ft
- Combined with Living, Open Concept
- Kitchen
- 17 x 8.01ft
- Eat-In Kitchen, Modern Kitchen
- Primary
- 17 x 10.01ft
- Walk-in Closet, Ensuite Bath, South View
- 2nd Bedroom
- 14.21 x 8.99ft
- Closet
- Other
- 10.2 x 4.99ft
- Balcony, South View
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Mount Pleasant West
Map
8/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
8/10
Transit
Transit's there for you, like a loyal golden retriever.
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
Mortgage Calculator
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
11,711
Average Individual Income
$59,569
Average Household Size
3 persons
Average Age
45
Average Household Income
$98,571
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
44%
Detached
28%
Low Rise Apartment
12%
Semi Detached
11%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
69%
Mandarin
14%
Cantonese
11%
Tagalog
2%
Telugu
1%
Arabic
1%
Spanish
1%
Hindi
1%
Education
University and Above
41%
High School
23%
College
15%
None
14%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
28%
Architecture & Engineering
19%
Social Sciences
11%
Health & Related Fields
10%
Math & Computer Sciences
8%
Physical Sciences
5%
Humanities
4%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Agriculture & Natural Resources
1%
Building Trends At The Rio - Tower II Condos
Days on Strata
Units at The Rio - Tower II Condos spend an average of
46
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Mount Pleasant West
Turnover of Units
On average, each unit is owned for
5.7
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 80 condos in the Mount Pleasant West area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
4
Units were Rented over the past twelve months
Best Value Rank
The Rio - Tower II Condos offers the best value out of 80 condos in the Mount Pleasant West neighbourhood
?
Appreciation Rank
The Rio - Tower II Condos has the highest ROI out of 80 condos in the Mount Pleasant West neighbourhood
?
Rental Yield
The Rio - Tower II Condos yields the highest rent prices out of 80 condos in the Mount Pleasant West neighbourhood
?
High Demand
The Rio - Tower II Condos is the most popular building out of 80 condos in the Mount Pleasant West neighbourhood
?
Market Insights
Transaction Insights at The Rio - Tower II Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $553,000 - $595,000 | No Data | $540,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $1,000 | No Data | $795 | No Data | No Data |
| Price Range | No Data | $2,300 | $3,100 | $2,900 | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 214 Days | 273 Days | 232 Days | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 163 Days | 334 Days | 253 Days | No Data | No Data |
| Ratio of Units in Building | 3% | 29% | 19% | 44% | 3% | 3% |
Market Inventory
Total number of units listed and sold in Mount Pleasant West
