Condo for sale at 501-253 Merton Street, Toronto, Ontario, M4S 3H2 - Mount Pleasant West - MLS: C12380636

new
for sale
for lease
sold
leased
terminated
expired
suspended

501-253 Merton Street

Toronto, Ontario, M4S 3H2 - Mount Pleasant West

$669,000

Neighbourhood

Mount Pleasant West
Major Intersection

Yonge & Merton

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$852
Taxes

$2,895.70 (2025)
Balcony

Terr

Property Description

Property description for 501-253 Merton Street, Toronto

Welcome to the RIO II, located in prime Midtown Toronto. Rarely available SOUTH facing 1 + Den suite, backing on to green space & urban trails. Beautifully updated & ready to move in, freshly painted & quality engineered hardwood floors, simply nothing to do. Open concept design, with defined living room & dining room spaces in the large main living area. The newly updated kitchen has quartz countertops with a waterfall edge, creating a convenience breakfast bar for informal dining or cocktails when entertaining. All stainless steel kitchen appliances, a new stove & rangehood installed this year. Ideal for today's work from home era, the den is a separate room, a perfect size for a home office & private from the main living area & bedroom. The spacious primary bedroom can accommodate a king sized bed, has ample storage space in the wall to wall closet, & overlooks the private terrace. The spacious L-shaped terrace is private & quiet, with two zones to relax. Lay in your hammock & have a snooze, or enjoy the seating area for a peaceful place to read, or have a drink or bite outside overlooking the colourful foliage. Convenience....this is the ideal location to get around the city. The Bayview extension is just blocks away, with easy access to the DVP, or a quick scoot downtown. You're a short walk to Davisville TTC subway station, with a variety of stores, restaurants and other amenities steps away. Located on a great strip of Merton Street between Yonge and Mt Pleasant, & backing onto the Kay Gardner Beltline Trail and Mt Pleasant Cemetery, never a worry about looming developments on the strip to disrupt your peaceful view. The popular trail is ideal for biking, running, a stroll under the trees or your daily dog walks. A parking spot & locker are included, & all-inclusive maintenance fee that includes 24 hour concierge, visitor parking, newly renovated gym, yoga room, sauna, billiards, library, party room and outdoor terrace. Don't delay...This won't last!

Listed by ROYAL LEPAGE TERREQUITY REALTY

Property details

MLS #

C12380636
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

Clear, Trees/Woods
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Hydro, Parking, Water
Property Management

Percel Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12380636
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

Clear, Trees/Woods
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Hydro, Parking, Water
Property Management

Percel Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

4.61 x 4.31 ft Main level

hardwood floor, Sliding Doors, W/O To Terrace
Dining

4.61 x 4.31 ft Main level

hardwood floor, Open Concept, Combined W/Living
Kitchen

3.0 x 2.44 ft Main level

Quartz Counter, Breakfast Bar, Stainless Steel Appl
Primary

3.47 x 3.32 ft Main level

hardwood floor, W/W Closet, Overlook Patio
Den

2.36 x 2.42 ft Main level

hardwood floor, Separate Rm
Bathroom

2.49 x 1.53 ft Main level

4 Pc Bath, Ceramic Floor

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 501-253 Merton Street, Toronto

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Schools

Create your free account to explore schools near 501-253 Merton Street, Toronto.

Neighbourhood Amenities & Points of Interest

Find amenities near 501-253 Merton Street, Toronto

There are no amenities available for this property at the moment.

Local Real Estate Price Trends for Condo Apt in Mount Pleasant West

Active listings

166

Average Selling Price of a Condo Apt

August 2025

$576,196

Last 3 Months

$640,138

Last 12 Months

$699,715

August 2024

$686,874

Last 3 Months LY

$746,709

Last 12 Months LY

$759,775

Change

-16%

Change

-14%

Change

-8%

Historical Average Selling Price of a Condo Apt in Mount Pleasant West

Average Selling Price

3 years ago

$694,891

Average Selling Price

5 years ago

$696,694

Average Selling Price

10 years ago

$462,896

Change

-17%

Change

-17%

Change

24%

Number of Condo Apt Sold

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

-29%

Change

-10%

Change

-8%

How many days Condo Apt takes to sell (DOM)

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

-8%

Change

10%

Change

21%

Average Selling price

Inventory Graph

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month
Principal Amount	Interest
Total Payable	Amortization

Property Price

Amortization

Rate of Interest

Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.