2 days on Market

195 Merton St #515, Toronto, Ontario M4S 3H6

In the same building:
-
Condo
2
1
~800-899 sqft
$744,900
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Condo
2
1
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$880/sqft

Est. Mortgage$3,199/mo

Maintenance fees$921/mo

Tax Amount (2024)$3,219/yr

Days On Market2 days


Description

Location, location, location: Luxury meets modern design! Be the first to live in this gorgeously renovated 2-bedroom, 1-bath suite in the coveted Rio III building, just steps from Davisville Station and the scenic Beltline Trail. Renovated top-to-bottom in May 2025, this unit is a rare opportunity to own a move-in-ready, modern luxury space in one of Midtown Toronto's most desirable neighbourhoods. Inside, you'll find a bright and functional open-concept layout with high ceilings, new Industrial thick vinyl plank flooring, and numerous windows that flood the unit with natural light. The brand-new kitchen features high-end stainless steel appliances, quartz waterfall countertops, custom cabinetry, and a stylish designer backsplash perfect for cooking and entertaining. The spacious primary bedroom offers plenty of room for a king-sized bed, while the second bedroom is ideal as a guest room, nursery, or dedicated home office. The fully renovated bathroom boasts a spa-inspired design with modern tile work, a floating vanity, and sleek fixtures. Enjoy your private balcony with unobstructed Beltline Trail views, and take full advantage of the included parking and locker. Newly renovated May 2025 - never lived in since! High-end kitchen & appliances, parking + locker included, TTC, trails, shops, and restaurants at your doorstep. Well-managed, pet-friendly building, 24/7 concierge, gym, SAUNA, party room, visitor parking and bicycle storage in parking for your convenience. Live in the perfect balance of nature and city convenience. Book your private tour today and experience the best of Davisville Village.


Property Details

StyleApartment
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12193863
Community NameDavisville
Data SourceTRREB
Listing byANCHOR NEW HOMES INC.

Features

Heating: Forced Air
Cooling: Central Air

Ground Floor

Kitchen

3.08 x 2.44

Vinyl Floor / Eat-In Kitchen / Window

Living

6.1 x 3.17

Vinyl Floor / W/O To Balcony / Combined W/Dining

Primary

4.02 x 3.08

Vinyl Floor / W/I Closet / West View

2nd Br

3.17 x 3.08

Vinyl Floor / Closet / Nw View


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Amenities

Concierge, Exercise Room, Gym, Party/Meeting Room, Sauna, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 4, 2025
ListedActive
$744,900
2 days on market
history photo preview37
Listing by trreb®
Property listed by ANCHOR NEW HOMES INC., Brokerage

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Market Data - Davisville

Geo Zone Map ThumbnailDavisville

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

16 days

2023

23 days

2022

11 days

New Listings

Past 30 days

77 listings

Compared to

2024

88 listings

2023

51 listings

2022

73 listings

Units sold

Past 30 days

17 units

Compared to

2024

33 units

2023

42 units

2022

32 units

Median Sold Price

Past 30 days

$710,000

Compared to

2024

$770,000

2023

$717,000

2022

$790,500


Population and Demographics

Overview

Total population 34541
Average household income $167,980

Age (%)

20 to 34
29%
35 to 49
24%
50 to 64
16%
0 to 19
16%
65 and plus
15%

Household composition (%)

Single family
47%
Single person
47%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
71%
Spanish
5%
Iranian Persian
3%
Portuguese
3%
Mandarin
3%
French
2%
Russian
2%
Others
2%
Korean
2%
Yue (Cantonese)
1%

House tenancy (%)

Renters
63%
Owners
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget