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    1802/03 - 35 Merton St

    For SaleThe Rio
    $2,100,000
    3 Beds
    2 Bath
    2 Parking
    2,250 - 2,499 SQFT
    1 Day on Strata
    Est Sell Timeframe
    4 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,278/mth
    Taxes:
    $10,880 (2024)
    Cost Per Sqft:
    $840 - $933/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    60/90 days TBD
    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
    No Data
    Heating
    Forced Air

    Room Dimensions

    Great Rm
    Hardwood Floor, Walkout To Terrace, Open Concept
    0 x 0ft
    Kitchen
    Hardwood Floor, Renovated, Breakfast Bar
    0 x 0ft
    Dining
    Hardwood Floor, Window, Open Concept
    0 x 0ft

    About this Listing

    Stunning Penthouse Suite In A Superb Midtown Location With Over 2,200 Sq Ft Of Meticulously Designed Space. Step Inside This Magnificent Residence & Be Greeted By A Open Airy Layout With Bamboo Wood Floors & Natural Light Through-out. The Inviting Balconies, Including A Terrace, Offer Scenic Views Of Lake Ontario, & Create A Perfect Blend Of Indoor & Outdoor Living. The Updated Kitchen Is A Culinary Dream Come True, With Ample Storage & Counter Space, & Features A Huge Central Island With A Breakfast Bar. In The Primary Suite, Cozy Up To The Gas Fireplace On Chilly Evenings. Unit Comes With Two Prime Parking Spaces, As Well As A Double-Sized Locker For Extra Storage. This Extraordinary Suite Is A Rare Gem, Offering An Unparalleled Living Experience In One Of Toronto's Most Sought-After Locations. It's More Than A Condo - It's A Lifestyle.

    Extras$$$ Upgrades - Updated Kitchen & Bathrooms, Smooth Ceilings Through-out, Laundry Room Added, Gas Fireplace In Primary & Wet Steam System In Ensuite. 2 PH Units Combined Into One Large Condo. 2 Parking Spaces.

    harvey kalles real estate ltd.MLS® #C9359068


    Amenities

    Rec Room
    Bike Storage
    Security System
    Gym Room
    Concierge
    Indoor Parking

    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
    15,396
    Average Individual Income
    $62,966
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $112,148
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    24%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    52%
    Semi Detached
    21%
    Low Rise Apartment
    11%
    High Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    16%
    Mandarin
    15%
    Other
    11%
    Tamil
    3%
    Tagalog
    1%
    Spanish
    1%
    Education
    University and Above
    32%
    High School
    26%
    None
    17%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Rio vs The Mount Pleasant East Area

    Days on Strata

    Units at The Rio spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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 East

    Turnover of Units

    On average, each unit is owned for
    8.1
    YEARS before being sold again

    Property Value

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

    Price Ranking

    17th
    Highest price per SQFT out of 50 condos in the Mount Pleasant East 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 offers the
    ?
    best value out of 50 condos in the Mount Pleasant East neighbourhood

    Appreciation Rank

    The Rio has the
    ?
    highest ROI out of 50 condos in the Mount Pleasant East neighbourhood

    Rental Yield

    The Rio yields the
    ?
    highest rent prices out of 50 condos in the Mount Pleasant East neighbourhood

    High Demand

    The Rio is the
    ?
    most popular building out of 50 condos in the Mount Pleasant East neighbourhood

    Transaction Insights at 35 Merton Street

    Studio1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$810,000 - $920,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$889No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data241 Days91 Days899 DaysNo Data
    Ratio of Units in Building3%19%68%9%4%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant East