Maintenance Fees
The Rio IV Condos vs The Mount Pleasant West Area
195 Merton St
$2,7802 bds1 ba1 pk700 - 799 sqft
For RentThe Rio IV Condos
4 Days on Strata
$2,780/mth
2 Beds
1 Bath
1 Parking
700 - 799 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 15, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North East
Locker:
None
Amenities
Security System
Concierge
Sauna
Gym
Indoor Parking
Rec Room
Games Room
Bike Storage
Party Room
Visitor Parking
About this Listing
Corner style 2 bedroom unit with 2 separate balconies in the exclusive Rio Condo on Merton located in the premium Davisville village neighbourhood. Spacious and bright layout. Ample storage. Eat-in modern kitchen. Hardwood floors. Convenient location. Walk to the subway and all amenities. Well managed and maintained building.
ExtrasAll utilities, and one parking spot are included. Option for locker. Fridge, stove, microwave, dishwasher, washer, dryer. Hardwood floors, bike rack in parking spot. Amenities incl: exercise room, party room, sauna, library, visitors parking & 24 Hour concierge.
harvey kalles real estate ltd.MLS® #C12078977
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, hardwood floor, Walkout To Balcony
22.31 x 10.34ft
Dining
Combined with Living, hardwood floor, Open Concept
22.31 x 10.34ft
Kitchen
Eat-In Kitchen, Tile Floor, Walkout To Balcony
14.27 x 8.04ft
Bedroom
hardwood floor, Double Closet
12.01 x 9.84ft
2nd Bedroom
hardwood floor, Double Closet
10.3 x 8.92ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
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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
16
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire 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
6.5
YEARS before being sold againProperty Value
-9%
Decrease in property value within the past twelve months
Price Ranking
19th
Highest price per SQFT out of 70 condos in the Mount Pleasant West area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
3
Units were Rented over the past twelve months
Best Value Rank
The Rio IV Condos offers the best value out of 70 condos in the Mount Pleasant West neighbourhood
?
Appreciation Rank
The Rio IV Condos has the highest ROI out of 70 condos in the Mount Pleasant West neighbourhood
?
Rental Yield
The Rio IV Condos yields the highest rent prices out of 70 condos in the Mount Pleasant West neighbourhood
?
High Demand
The Rio IV Condos is the most popular building out of 70 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 | $650,000 | $630,500 | $724,900 - $1,025,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $1,130 | $972 | $881 | No Data | No Data |
| Price Range | No Data | $2,200 - $2,550 | $2,550 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 238 Days | 341 Days | 147 Days | 1114 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 229 Days | 491 Days | 272 Days | No Data | No Data |
| Ratio of Units in Building | 2% | 27% | 24% | 42% | 2% | 3% |
Market Inventory
Total number of units listed and leased in Mount Pleasant West
