MLS Restricted Listing
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1 / 25
253 Merton Street
Listing History
Unit Highlights
Off Market Listing
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Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Hydro
Heat
Air Conditioning
Water
Parking
Building Insurance
Excluded
None
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Amenities
Security System
Party Room
Concierge
Sauna
Indoor Parking
Gym Room
Nearby Amenities
8/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
8/10
Transit
Transit's there for you, like a loyal golden retriever.
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
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
Household Income
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%
Price Trends
Building Trends At The Rio - Tower II Condos
Days on Strata
Units at The Rio - Tower II Condos spend an average of
17
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.2
YEARS before being sold againProperty Value
0%
Increase in property value within the past twelve months
Price Ranking
20th
Highest price per SQFT out of 53 condos in the Mount Pleasant area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
3
Units were Rented over the past twelve months
Best Value Rank
The Rio - Tower II Condos offers the best value out of 53 condos in the Mount Pleasant neighbourhood
?
Appreciation Rank
The Rio - Tower II Condos has the highest ROI out of 53 condos in the Mount Pleasant neighbourhood
?
Rental Yield
The Rio - Tower II Condos yields the highest rent prices out of 53 condos in the Mount Pleasant neighbourhood
?
High Demand
The Rio - Tower II Condos is the most popular building out of 53 condos in the Mount Pleasant neighbourhood
?
Transaction Insights at 253 Merton Street
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $649,000 | No Data | $720,000 - $1,065,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $927 | No Data | $905 | No Data | No Data |
| Price Range | No Data | $2,350 - $2,600 | No Data | $3,100 | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 222 Days | 250 Days | 253 Days | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 183 Days | 317 Days | 208 Days | No Data | No Data |
| Ratio of Units in Building | 3% | 28% | 20% | 45% | 3% | 3% |
Maintenance Fees
The Rio - Tower II Condos vs The Mount Pleasant Area
