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219 - 225 Merton Street
Mount Pleasant West, Toronto
$895,000
Rarely available and truly spacious 2-bedroom suite in a pet-friendly building with south exposure over the Kay Gardiner BeltlineTrail. Take the stairs to the beautifully appointed courtyard with a communal barbecue and secured gate leading directly onto the Beltline. Follow the Beltline through the Mount Pleasant Cemetery to the Moore Park Ravine all the way to The Brickworks. An open concept Living and Dining Area are perfect for entertaining family and friends. An expansive Primary Suite will easily accommodates a King-sized bed. Enjoy the walk-in closet with newly installed closet organizers. A bright and inviting galley kitchen has Caesarstone countertops and a newly refitted pantry and adjustable shelves. The 2nd bedroom doubles as a Den with south exposure. Suite 219 is gently lived in and impeccably maintained. Your parking space is directly outside the Level A elevator lobby. Enjoy the expansive and well-equipped fitness centre and the recently renovated event space overlooking the courtyard and the Beltline. RIO III is a quintessential vertical village in a boutique building of only 124 suites with an exceptional sense of community. Outstanding property management with 'best-in-class' onsite manager. 10 minutes to Davisville TTC, shops and great restaurants along Yonge Street and Mount Pleasant Road.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,507 |
| Locker | Owned |
| Balcony | Enclosed |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $4,958 |
| mls© Number | C13845328 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
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%
- $4,581
- Property tax
- $413
- Heat allowance
- $150
- Condo fees, half counted
- $754
- Housing costs
- $5,898 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$181,000
gross annual household income
- Payment at 4%
- $3,766 / mo
- Cash down
- $179,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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