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    Toronto / Midtown / Mount Pleasant West

    101 - 35 Merton St

    For SaleThe Rio
    $799,900
    Price Cut: $820,000
    2 Beds
    2 Bath
    1 Parking
    1,000 SQFT
    52 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,245/mth
    Taxes:
    $3,531 (2024)
    Cost Per Sqft:
    $800/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North
    Possession Date:
    30-60days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Terrace, Gas Fireplace, Windows Floor to Ceiling
    19.13 x 17.26ft
    Dining
    Hardwood Floor, Combined with Living, Open Concept
    19.13 x 17.26ft
    Kitchen
    Galley Kitchen, Large Window, Pantry
    8.92 x 8.1ft

    About this Listing

    Experience unbeatable value in Midtown with this rarely available main-floor unit, offering the best price per square foot! This spacious 2-bedroom, 2-bathroom home boasts over 8' ceilings and more than 1,000 square feet of living space. The living room, complete with a distinctive gas fireplace, opens to a private patioideal for outdoor relaxation. The eat-in kitchen is well-sized with ample storage. Residents benefit from access to the beautifully maintained condo garden and grounds, along with direct entry to the scenic Beltline Trail. Located just a short stroll from Davisville subway station, and close to an array of shops, restaurants, and grocery stores, this property is in a prime spot.

    ExtrasMaintenance includes water, heat & hydro!

    re/max hallmark batori group inc.MLS® #C9376433

    Amenities

    Concierge
    Security System
    Indoor Parking
    Gym Room
    Bike Storage
    Rec Room

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    19%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    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%

    Price Trends

    Maintenance Fees

    The Rio vs The Mount Pleasant West Area

    Building Trends At The Rio

    Days on Strata

    Units at The Rio spend an average of
    16
    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
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant West

    Turnover of Units

    On average, each unit is owned for
    8.2
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    25th
    Highest price per SQFT out of 57 condos in the Mount Pleasant West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Rio offers the
    ?
    best value out of 57 condos in the Mount Pleasant West neighbourhood

    Appreciation Rank

    The Rio has the
    ?
    highest ROI out of 57 condos in the Mount Pleasant West neighbourhood

    Rental Yield

    The Rio yields the
    ?
    highest rent prices out of 57 condos in the Mount Pleasant West neighbourhood

    High Demand

    The Rio is the
    ?
    most popular building out of 57 condos in the Mount Pleasant West neighbourhood

    Transaction Insights at 35 Merton Street

    Studio1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$810,000 - $920,000No Data$1,925,000
    Avg. Cost Per SqftNo DataNo Data$889No Data$1,050
    Avg. Wait for Unit AvailabilityNo Data241 Days95 Days899 Days739 Days
    Ratio of Units in Building3%18%67%9%5%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant West