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New2 hours ago

219 - 225 Merton Street

Mount Pleasant West, Toronto

$895,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

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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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$1,507
LockerOwned
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,958
mls© NumberC13845328
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Hydro Included
Common Elements Included
Water Included
CAC Included
Building Insurance Included
Parking Included

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

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.

Down payment20% · $179,000
25-yr amortization

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 check

Investment Analysis

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