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    1008 - 35 Merton St

    For SaleThe Rio
    $599,000
    1 Bed
    1 Bath
    1 Parking
    500 - 599 SQFT
    28 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $713/mth
    Taxes:
    $2,396 (2024)
    Cost Per Sqft:
    $1,000 - $1,198/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    To Be Arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Open Concept, Laminate
    15.49 x 12.07ft
    Dining
    Combined with Living, Open Concept, Laminate
    15.49 x 12.07ft
    Kitchen
    Breakfast Bar, Open Concept, Stainless Steel Appliances
    7.97 x 7.58ft

    About this Listing

    All-inclusive maintenance! Welcome to the heart of Midtown! This bright, west-facing unit offers stunning southwest views of downtown from a private balcony with a quiet exposure. Thoughtfully designed with an efficient floor plan and no wasted space, the open-concept layout is filled with natural light, creating a warm and inviting atmosphere.The unit features two balcony exits, one from the living room and another from the oversized bedroom, providing seamless indoor-outdoor flow. The modern kitchen boasts granite counters, a breakfast bar/island, an under-mount sink, and stainless steel appliances, making it perfect for cooking and entertaining. The spacious living area is large enough to accommodate an in-home office, while the bedroom offers a wall-to-wall closet and enough space for an additional home office setup. A mirrored closet in the hallway adds extra storage and style. Laminate flooring runs throughout, enhancing the sleek and contemporary feel of this spotless, move-in-ready unit.Enjoy a full range of building amenities, including a gym, party room, sauna, concierge, and ample visitor parking. Additional conveniences include bike racks and an EV system rough-in with possibility to be extended to individual parking spots. Conveniently located just steps from the Yonge subway line (Davisville Station), restaurants, shopping, and the Kay Gardiner Beltline Trail, this home is perfect for city living.Plus, a future community center is being built nearby, adding even more value to this fantastic location.One parking spot and locker included. See the virtual tour and experience this incredible home today!

    royal lepage your community realtyMLS® #C11956132


    Amenities

    Sauna
    Indoor Parking
    Bike Storage
    Party Room
    Visitor Parking
    Concierge

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    19%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    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%

    Maintenance Fees

    The Rio vs The Mount Pleasant West Area

    Days on Strata

    Units at The Rio spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant West

    Turnover of Units

    On average, each unit is owned for
    8.4
    YEARS before being sold again

    Property Value

    -14%
    Decrease in property value within the past twelve months

    Price Ranking

    30th
    Highest price per SQFT out of 70 condos in the Mount Pleasant West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    The Rio offers the
    ?
    best value out of 70 condos in the Mount Pleasant West neighbourhood

    Appreciation Rank

    The Rio has the
    ?
    highest ROI out of 70 condos in the Mount Pleasant West neighbourhood

    Rental Yield

    The Rio yields the
    ?
    highest rent prices out of 70 condos in the Mount Pleasant West neighbourhood

    High Demand

    The Rio is the
    ?
    most popular building out of 70 condos in the Mount Pleasant West neighbourhood

    Transaction Insights at 35 Merton Street

    Studio1 Bed2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo Data$810,000 - $920,000No Data$957,000 - $1,925,000
    Avg. Cost Per SqftNo DataNo Data$889No Data$935
    Avg. Wait for Unit AvailabilityNo Data231 Days98 Days899 Days437 Days
    Ratio of Units in Building3%18%66%9%6%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant West