
Unit 501, 253 Merton Street
Toronto (Mount Pleasant West), ON M4S 3H2
The Rio - Tower II Condos13 storeys, 124 suites, built 2002- 1+1Bedrooms
- 1Bathroom
- 1Parking
- 600–699Sq Ft
- $2,896Tax
- $852/moCondo Fee
- Free EstimateSee Free Estimate Report

This listing has ended. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for Unit 501, 253 Merton Street, Toronto, Mount Pleasant West
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-09-04 | 2025-10-23 | Login to See Prices | Terminated | c12380636 |
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About Unit 501, 253 Merton Street, Toronto, Mount Pleasant West
Welcome to the RIO II, located in prime Midtown Toronto. Rarely available SOUTH facing 1 + Den suite, backing on to green space & urban trails. Beautifully updated & ready to move in, freshly painted & quality engineered hardwood floors, simply nothing to do. Open concept design, with defined living room & dining room spaces in the large main living area. The newly updated kitchen has quartz countertops with a waterfall edge, creating a convenience breakfast bar for informal dining or cocktails when entertaining. All stainless steel kitchen appliances, a new stove & rangehood installed this year. Ideal for today's work from home era, the den is a separate room, a perfect size for a home office & private from the main living area & bedroom. The spacious primary bedroom can accommodate a king sized bed, has ample storage space in the wall to wall closet, & overlooks the private terrace. The spacious L-shaped terrace is private & quiet, with two zones to relax. Lay in your hammock & have a snooze, or enjoy the seating area for a peaceful place to read, or have a drink or bite outside overlooking the colourful foliage. Convenience....this is the ideal location to get around the city. The Bayview extension is just blocks away, with easy access to the DVP, or a quick scoot downtown. You're a short walk to Davisville TTC subway station, with a variety of stores, restaurants and other amenities steps away. Located on a great strip of Merton Street between Yonge and Mt Pleasant, & backing onto the Kay Gardner Beltline Trail and Mt Pleasant Cemetery, never a worry about looming developments on the strip to disrupt your peaceful view. The popular trail is ideal for biking, running, a stroll under the trees or your daily dog walks. A parking spot & locker are included, & all-inclusive maintenance fee that includes 24 hour concierge, visitor parking, newly renovated gym, yoga room, sauna, billiards, library, party room and outdoor terrace. Don't delay...This won't last!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,896
- Land Transfer Tax Fee
- $19,710
Condo/Maintenance Fee
- Maintenance Fee
- $852 /month
Included In Maintenance Fee
- Heat Included
- Hydro Included
- Water Included
- CAC Included
- Common Elements Included
- Building Insurance Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Storage Area Lockers
- View
- Clear, Trees/Woods
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Terrace
- Exterior Extras
- Backs On Green Belt, Patio
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- Rio II
- Approx Age
- 16-30
- Condo Corp Number
- 1462
Construction
- Exposure
- South West
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, Stove, Built-in Dishwasher, Rangehood, Stacking Washer/Dryer, All Window Coverings, All Electric Light Fixtures.
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
- Locker Unit
- 132
- Locker Level
- Level B
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1 + 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level, Hardwood Floor, Sliding Doors, W/O To Terrace
- Dining Room—Main level, Hardwood Floor, Open Concept, Combined w/Living
- Kitchen—Main level, Quartz Counter, Breakfast Bar, Stainless Steel Appl
- Primary Bedroom—Main level, Hardwood Floor, W/W Closet, Overlook Patio
- Den—Main level, Hardwood Floor, Separate Room
- Bathroom—Main level, 4 Pc Bath, Ceramic Floor
Washrooms
- 4-piece, Main
- Municipality
- Toronto
- Neighbourhood
- Mount Pleasant West
- Main cross streets
- Yonge & Merton
- Directions
- East of Yonge Street
- MLS® number
- C12380636
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-10-23
- Listed on
- 2025-09-04
- Days on market
- 49 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- ROYAL LEPAGE TERREQUITY REALTY
Home Market Value
Current home valuation for Unit 501, 253 Merton Street, Toronto, Mount Pleasant West, Toronto, ON. Listed for $669,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for Unit 501, 253 Merton Street, Toronto, Mount Pleasant West
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $169,000 over $500K
$41,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $25,074 | $18,665 | $15,922 | $0 |
=Total mortgage | $651,927 | $620,765 | $584,572 | $535,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,183monthly | $3,031monthly | $2,854monthly | $2,613monthly |
Land Transfer Tax
$9,855
$9,855
$19,710
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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