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195 Merton Street, Toronto
Mount Pleasant West · Toronto

The Rio IV

195 Merton Street, Toronto

The Rio IV is a condo building in Mount Pleasant West, Toronto, Ontario with 2 active MLS® listings for sale and 1 for lease.

2
Condos for Sale
1
Condo for Lease
$1.0M
Median Price
$1,238/mo
Avg. Maintenance Fee
16-30 yrs
Approx. Age

About 195 Merton Street

195 Merton Street is a condo building in the Mount Pleasant West neighbourhood of Toronto, Ontario — listings here report an approximate age of 16-30 years. It currently has 2 active MLS® listings for sale and 1 for lease, with a median asking price of $1.0M and average maintenance fees of $1,238/mo.

The current unit mix runs 1 bed (1), 3 bed (1). Listings in the building report public transit, library, park, place of worship nearby.

For families: 6 schools within reach, mapped school catchments — all covered below.

Condos for Sale at 195 Merton Street

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For Lease at 195 Merton Street

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Asking Prices at 195 Merton Street

Across 2 active listings
Lowest Asking
$585K
Median Asking
$1.0M
Average Asking
$1.0M
Highest Asking
$1.4M
Active Listings
2
For Lease
1

Asking prices work out to roughly $937–$1,092 per sq ft, based on the size ranges published on each listing (MLS® reports living area as a range, not an exact figure).

By bedrooms
  • 1 Bed1 listing · median $585K
  • 3 Bed1 listing · median $1.4M

Bathrooms: 1 bath × 1 · 2 bath × 1

Maintenance Fees

Average Fee
$1,238/mo
Fee Range
$749$1,726
Fee per Sq Ft (approx.)
$1–$1
What the fees cover, as reported on current listings
CACCommon ElementsHeatHydroParkingWaterBuilding Insurance

Condo maintenance fees fund the building's shared costs — typically the common elements, building insurance and amenities, sometimes utilities. They scale with unit size, which is why one building shows a fee range. The figures above come from the 2 active listings that publish a fee — confirm inclusions on each listing and in the status certificate.

Building Details

Developer
Heather Downs Developments
Year Built
2004
Storeys
12
Number of Units
124
Condo Corporation Number
TSCC 1597
Neighbourhood
Mount Pleasant West
Building Type
High-Rise
Building Class
Condo
Construction Status
Complete
Pets permittedBicycle storageConcierge
Building Amenities
Public Transit
Party Room
Visitor Parking
Elevator
Meeting Room
Parking Garage
Sauna
Security Guard
Security System
FibreStream Internet
Games Room
Fitness Centre
Nearby, as reported on this building's listings
Public TransitLibraryParkPlace Of WorshipCommunity CentreSchool
Map of 195 Merton Street, Toronto
195 Merton Street, TorontoExplore on Map →
Nearby Schools

Schools Near 195 Merton Street

6 schools closest to the building, with EQAO. Distances are straight-line — confirm boundaries with the school board.

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The Neighbourhood

195 Merton Street is in Mount Pleasant West, Toronto — the community page has the full market snapshot, schools and every active listing around the building.

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Common questions

How many condos are for sale at 195 Merton Street?
As of the latest MLS® sync there are 2 condos for sale and 1 for lease at 195 Merton Street, Toronto, with a median asking price of $1.0M. Browse them in the listings section above.
What do condos at 195 Merton Street cost?
Active listings at 195 Merton Street are asking between $585K and $1.4M, with a median of $1.0M. These are live MLS® figures, refreshed through the day.
What are the maintenance fees at 195 Merton Street?
Across 2 active listings that publish a fee, the average monthly maintenance fee at 195 Merton Street is $1,238 (ranging $749–$1,726). Fees vary by unit and by what they include — always confirm with the listing and the status certificate.
What unit types are available at 195 Merton Street?
Current listings at 195 Merton Street include 1 1 bed unit, 1 3 bed unit. The mix changes as listings come and go.
What schools are near 195 Merton Street?
Schools near 195 Merton Street include Davisville Junior Public School, Spectrum Alternative Senior School, Hodgson Middle School. Each school page shows its EQAO results, and the catchment pages show exactly which homes are zoned for it.
Is 195 Merton Street the building's official name?
195 Merton Street is the building's municipal address — the identifier every MLS® listing in the building shares. Where a condo corporation markets the building under a separate name, the address remains the canonical way listings are grouped here.

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DistrictIQ Inc., Brokerage · Broker of Record: Amarjit Sanghera

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.