Was listed for:Terminated Oct 23, 2025
$669,000

Unit 501, 253 Merton Street

Toronto (Mount Pleasant West), ON M4S 3H2

Condo Apartment TerminatedNot available
The Rio - Tower II Condos exteriorThe Rio - Tower II Condos13 storeys, 124 suites, built 2002

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Property not available for sale or for rent.

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Sale & Price History for Unit 501, 253 Merton Street, Toronto, Mount Pleasant West

2025-09-04
2025-10-23
Terminated
Price
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MLS#
c12380636

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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

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Estimated Sales Range

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HOMEH Estimate for Unit 501, 253 Merton Street, Toronto, Mount Pleasant West

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Land Transfer Tax

Provincial

$9,855

Municipal (Toronto)

$9,855

Total Land Transfer Tax

$19,710

Around this home

7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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