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Rio II

253 Merton St, Toronto, ON M4S 3H2

Rio II, at 253 Merton St, is a condo building in the Mount Pleasant West area of Toronto, Ontario. It was built in 2002, has 124 residential units and stands 15 storeys tall.

Mount Pleasant West
Year Built
2002
Units
124
Floors
15
Building Type
High-rise apartment condo

Market Overview

Avg Sold Price
$660,375
Median Sold
$667,500
Price Range
$540,000 – $811,000
Avg $/SqFt
$876
Sales (2yr)
8
Active Listings
1
Avg List Price
$499,000
Avg Days on Market
45

Last sale: Feb 19, 2026

Condo Fees

Avg Monthly Fee
$966
Median Fee
$946
Avg $/SqFt
$1.24
Units w/ Fee Data
20
Fee Includesheat, water, hydro, building insurance

Building Features

ExteriorConcrete
AmenitiesConcierge, Exercise Room, Party/Meeting Room, Sauna, Visitor Parking, Community BBQ
Building TypeHigh-rise apartment condo
Floors15 storeys
Year Built2002

Policies

Pet PolicyAllowed with restrictions

Management

Management CompanyPercel Inc.

About This Building

Rio II is a 15-storey residential condominium located at 253 Merton Street in Mount Pleasant West, Toronto, built in 2002. The building contains approximately 762 square feet per unit on average, with recent sales averaging around $667,500. Condo fees average roughly $966 per month and include heat, water, hydro, and building insurance. The building offers concierge service, an exercise room, party room, sauna, visitor parking, and community BBQ facilities. Situated near Davisville Village, residents enjoy convenient access to restaurants, cafes, shops, parks, and schools. Before completing your purchase, retain a lawyer or real estate professional to review the status certificate, reserve fund study, financial statements, board minutes, and by-laws to ensure full clarity on the building's condition and governance.

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