| CAC Included | |
| Common Elements Included | |
| Heat Included | |
| Hydro Included | |
| Building Insurance Included | |
| Parking Included | |
| Water Included |

















































606 - 253 Merton Street
Mount Pleasant West, Toronto
$528,000
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.The updated 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!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $771 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,655 |
| mls© Number | C13753262 |
| Listed By | SUTTON GROUP-ADMIRAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,703
- Property tax
- $221
- Heat allowance
- $150
- Condo fees, half counted
- $385
- Housing costs
- $3,459 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,222 / mo
- Cash down
- $105,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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