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    253 Merton Street

    LeasedThe Rio - Tower II Condos
    $X,XXX/mth
    -
    -
    -
    -
    Sold in 6 Days on Strata

    Listing History

    Unit Highlights

    Off Market Listing
    Free account required. or to see all the details.
    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

    Gym Room
    Games Room
    Visitor Parking
    Bike Storage
    Concierge
    Party 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
    $58,328
    Average Household Size
    0 persons
    Average Age
    6
    Average Household Income
    $107,006
    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
    Tagalog
    1%
    Mandarin
    10%
    Cantonese
    10%
    Tamil
    2%
    English
    35%
    Indigenous Language
    33%
    Other
    9%
    Education
    High School
    26%
    Apprenticeship
    3%
    University and Above
    32%
    College
    16%
    University Below Batchelor
    3%
    None
    17%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    12%
    Architecture & Engineering
    18%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    7%
    Social Sciences
    11%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    25%

    Price Trends

    Building Trends At The Rio - Tower II Condos

    Days on Strata

    Units at The Rio - Tower II Condos spend an average of
    16
    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
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.2
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 53 condos in the Mount Pleasant area

    Sold Units

    8
    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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$649,000$687,627$720,000 - $1,065,000No DataNo Data
    Avg. Cost Per SqftNo Data$927$1,047$905No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data212 Days250 Days253 DaysNo DataNo Data
    Ratio of Units in Building3%28%20%45%3%3%

    Maintenance Fees

    The Rio - Tower II Condos vs The Mount Pleasant Area

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