7 days on market
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$724,900
For Sale

195 Merton St, Unit #515

Mount Pleasant West, Toronto

2+null Bed|1 Bath|Yes|7 days on market

$724,900

Buy with Dwelly and Save $7,249

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Home Details

Maintenance
$920.99 / month
Taxes
$269 / month
Total Parking Spots
1
Garage Spaces
1
Balcony
Yes
Furnished
No
Exposure
NW
Move-in Date
Immediate
Locker
Owned
Hydro Included
Yes
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Concrete
Property Type
Condo Apt
Style
Apartment
Status
New
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Listing 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 History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
May 31, 202521$724,900N/ATerminatedC12193863
Aug 24, 20239$3,000$3,000LeasedC6775288
May 11, 202226$2,800N/ATerminatedC5612942
Apr 18, 202249$799,000N/ATerminatedC5581012
Nov 19, 20078$309,900$359,288SoldC1264477

Rooms

Room dimensions for 195 Merton St, Unit #515, Toronto
Kitchen
10 x 880 sqft
Living
20 x 10200 sqft
Primary
13 x 10130 sqft
2nd Br
10 x 10100 sqft
Foyer
7 x 749 sqft
Other
10 x 550 sqft

Building Amenities

Concierge
Exercise Room
Gym
Party/Meeting Room
Sauna
Visitor Parking

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 195 Merton St515 is 4763

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$724900
Down Payment$144980
Mortgage Insurance$0
Total Mortgage$579920

Monthly Payment


Mortgage Payment$3574
Property Taxes$268
Maintenance Fees$921
Monthly Payment$4763
$4763
monthly

Sold Comparables

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About 195 Merton St, Unit #515, Toronto

Located at 195 Merton St Unit #515, this Toronto condo is available for sale. This property was listed for $724,900 on Sun Jun 22 2025. This condo's size is 800-899 Sqft. It has 2 bedrooms and 1 bathroom. Monthly maintenance is $921 per month and taxes are approximately $3,219 annually. Views are to the NorthWest from this property. Step outside onto the open balcony. The property's amenities include Concierge, Exercise Room, Gym, Party/Meeting Room, Sauna, Visitor Parking. The property includes the following rooms: Kitchen, Living, Primary, 2nd Br, Foyer, Other. This property comes with 1 parking spots. This property also comes with a locker. Heat, Hydro, Water are included with this property. 195 Merton St, Toronto is situated in the Mount Pleasant West neighbourhood.


MLS#: C12238420 · $724,900 · 2 bedroom condo in Mount Pleasant West, Toronto