Maintenance Fees
The Rio IV Condos vs The Mount Pleasant West Area
for sale
163 Days on Strata
105 - 195 Merton St
$668,000
Price Cut: $60,000
2 Beds
1 Bath
0 Parking
854 SQFT
Price History
- Maintenance Fees:
- $942/mth
- Taxes:
- $3,243 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $782/sqft
- Outdoor Space:
- Terrace
- Locker:
- None
- Possession Date:
- TBD
- Exposure:
- North East
Amenities
Gym
Games Room
Party Room
Visitor Parking
About this Listing
Luxurious Sun-Filled 2-Bedroom Downtown Retreat in Prime Location. Nestled in the vibrant heart of the city, this exquisitely renovated 2-bedroom apartment offers an unparalleled urban living experience with its soaring 9-foot ceilings and abundant natural light that floods the spacious open-concept layout, creating an airy and inviting atmosphere perfect for both relaxing and entertaining. Step through elegant French doors to discover your private outdoorsanctuarya, a charming step-out patio ideal for morning coffees or evening wine under the stars. The residence has been meticulously upgraded with fresh designer paint throughout and brand-new premium flooring that flows seamlessly across all living spaces. As part of this full-service luxury building, residents enjoy exclusive access to 24/7 concierge security, a state-of-the-art fitness centea r, relaxing sauna suite, aan nd elegant party lounge, with the exceptional convenience of all utilities (water/gas/electricity/heating) included in the maintenance fees. Situated in an unbeatable location, the property offers partranquillitynquility with direct greenspace access just steps away, while being merely a 6-minute walk from major subway lines and surrounded by gourmet markets, chic cafes, and all eservices, combiningcombining luxury convenneighbourhoodeighborhood charm for the ultimate downtown living experience.
ExtrasDishwasher, Stove, Range Wood, Fridge, Washer, Dryer, Electric Light Fixtures, Blind
everland realty inc.MLS® #C12214568
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Foyer
- 8.79 x 4.99ft
- Double Closet, Open Concept, Ceramic Floor
- Living
- 19.85 x 10.24ft
- Walkout To Patio, Open Concept, Laminate
- Dining
- 19.85 x 10.24ft
- Combined with Living, Open Concept, Laminate
- Kitchen
- 10.24 x 8.01ft
- Updated, Large Window, Eat-In Kitchen
- Primary
- 13.12 x 10.01ft
- Double Closet, Large Window, Laminate
- 2nd Bedroom
- 10.17 x 10.01ft
- Large Window, Double Closet, Wood Floor
- Bathroom
- 7.74 x 5.38ft
- 4 Piece Bath, Ceramic Floor
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Explore Mount Pleasant West
Map
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.
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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
Household Income
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%
Building Trends At The Rio IV Condos
Days on Strata
Units at The Rio IV Condos spend an average of
35
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mount Pleasant West
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-1%
Decrease in property value within the past twelve months
Price Ranking
16th
Highest price per SQFT out of 80 condos in the Mount Pleasant West area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
8
Units were Rented over the past twelve months
Best Value Rank
The Rio IV Condos offers the best value out of 80 condos in the Mount Pleasant West neighbourhood
?
Appreciation Rank
The Rio IV Condos has the highest ROI out of 80 condos in the Mount Pleasant West neighbourhood
?
Rental Yield
The Rio IV Condos yields the highest rent prices out of 80 condos in the Mount Pleasant West neighbourhood
?
High Demand
The Rio IV Condos is the most popular building out of 80 condos in the Mount Pleasant West neighbourhood
?
Market Insights
Transaction Insights at The Rio IV Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | $550,000 - $630,500 | $1,075,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $983 | $941 | No Data | No Data |
| Price Range | No Data | $2,200 - $2,550 | $2,500 - $2,550 | $2,820 - $3,100 | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 227 Days | 332 Days | 162 Days | 1114 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 203 Days | 386 Days | 236 Days | No Data | No Data |
| Ratio of Units in Building | 2% | 27% | 24% | 41% | 2% | 3% |
Market Inventory
Total number of units listed and sold in Mount Pleasant West
