253 Merton St

TSCC 1462

Gym / Exercise Room, Concierge, Public Transit, Party Room, Visitor Parking, Meeting / Function Room, Sauna, Security Guard, Enter Phone System, Parking Garage, Pets Allowed

Common Element Maintenance, Building Insurance, Air Conditioning, Heat, Water, Hydro

A contemporary condominium located at 253 Merton St in the Mount Pleasant West neighborhood, The Rio - Tower 2 was built back in 2002, and despite being well over a decade old, it still maintains a homey charm and a lovely concrete exterior. Developed by Heather Downs Developments Inc., architected by E.I Richmond Architects, and currently under the management of Percel Property Management, The Rio - Tower 2 stands proudly at 13 storeys tall, with a total of 124 units within (the smallest of these units being 387 square feet, and the largest of these units being 1408 square feet). Throughout, all of the units at The Rio - Tower 2 are comprised of a selection of 1-bedroom condo units, 1-bedroom plus den condo units, as well as 2-bedroom condo units, and on the insides of each of these units, splendid features can be found existing solely to benefit homebuyers, such as upgraded kitchens and bathrooms, private balconies, and lots of natural light that shines in during the daytime, illuminating the units with a beautiful glow (especially at sunset or sunrise).As for what buyers of The Rio - Tower 2 will be able to find within the building itself, they will be able to find such amenities as an exercise room, a sauna, a meeting room, a party room, a security guard service, a concierge service, an enter phone system, an elevator service, and a parking garage, along with visitor parking areas. Combined with the historical average PSF of this building (which is always on the rise), any real estate investors with an interest in The Rio - Tower 2 will have a great deal of potential at seeing a positive return on their investment at this location.At such a time that homebuyers find themselves on the sidewalk in front of 253 Merton St, they will not only be very close to the Kay Gardner Beltline Trail (a small strip of greenspace running behind all of the buildings on the south side of Merton St, but they will also be very close to amenities. The intersection of Yonge St & Davisville Ave (accessed by walking west on Merton St to Yonge St, then north on Yonge St to Davisville Ave) is home to a nice number of amenities, such as a grocery store, a bank, a couple of restaurants, a bar/pub, a couple of fast food places, and by taking a quick walk east on Davisville Ave, a farmer’s market, nestled next to the June Rowlands Park (which is a wonderful greenspace for buyers to make use of if they love nature in the city).As far as motorists go, it’ll be hardly an issue getting to the nearest highway, as a simple drive northward on Yonge St to Eglinton Ave, then a drive eastward on Eglinton Ave E to a short distance past Don Mills Rd will bring motorists directly to both an on-ramp (as well as an off-ramp) for the Don Valley Parkway (which is also known locally as the Highway 404).