$499,000
Toronto
#606 253 Merton Street, Toronto (Mount Pleasant West), Ontario, M4S3H2
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $499,000, it is attractively priced about 16% below the $595,000 median asking price in Toronto.
Discover serene city living in this functionally designed, bright and airy 1-bedroom suite at Rio II, ideally tucked away on Merton Street in the heart of Davisville Village. Enjoy unobstructed north-facing views and an abundance of natural light throughout the thoughtfully designed, open-concept living and dining space, with a seamless walkout to your private balcony-perfect for relaxing and unwinding.Modern maple kitchen features granite countertops, full-size brand-new stainless steel appliances, ample cabinetry and a convenient breakfast bar. The spacious primary bedroom offers a modern wall-to-wall closet for exceptional storage, while a generous bathroom, ensuite laundry, fresh paint, custom window coverings, crown moulding and excellent closet space throughout make this home truly move-in ready. Includes 1 underground parking space and 1 locker.Set within an exceptionally well-managed, pet-friendly and community-minded boutique building with only 124 suites, residents enjoy 24-hour concierge service, an on-site property manager, ample visitor parking and an impressive selection of amenities, including a fully equipped fitness facility, sauna, party room, billiards, library and a secure courtyard garden with BBQ.BONUS: Maintenance fees include heat, hydro, water and central air!Nature is right at your doorstep, with direct access to the Kay Gardner Beltline Trail-ideal for dog lovers, cyclists, runners and outdoor enthusiasts. Walk to Davisville Subway Station, shops, restaurants, cafés, Sobeys, acclaimed public and private schools, and the future Davisville Community & Aquatic Centre. Minutes to Yonge & Eglinton and Yonge & St. Clair, this exceptional location offers the perfect balance of urban convenience and peaceful residential living.A wonderful opportunity to enjoy comfort, convenience and community in one of Midtown Toronto's most desirable neighbourhoods! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 59 days on market, against an average age of 46 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Mount Pleasant West) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 5.7× the local median household income of $88,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4S)
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