Features
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Price/Sqft Range
387 sqft - 1408 sqft
Avg Price/Sqft
$781 / sq. ft.
Completed
Built: 2002
Building Scale
Floors: 13 | Total Units: 124
Building Type
High-Rise condo
Property Management
Built in 2002
Condo Corp
TSCC-1462
Date Registered
Sep 16, 2002
Air Conditioning
Common Element
Heat
Hydro
Building Insurance
Parking
Water
Completed in 2002, The Rio II is a high-rise condominium situated in the Mount Pleasant West community of Midtown Toronto. This 13-storey tower houses 124 residential units and represents a purpose-built residential development rather than an industrial conversion.
The building's design reflects contemporary condominium architecture of the early 2000s, without the exposed brick or industrial elements characteristic of warehouse conversions. Located at 253 Merton Street, the tower serves as a bridge between the higher-density corridors of Midtown and the quieter residential streets that define this neighbourhood.
The Rio II offers residents a strategic position within Toronto's urban fabric, providing access to both the energy of Midtown living and the residential character of Mount Pleasant West.
The Rio II features suite layouts ranging from 387 square feet to 1,408 square feet, accommodating both first-time buyers and those seeking more spacious accommodations. The building's diverse floor plans include compact one-bedroom units ideal for urban professionals and larger layouts suitable for families or those requiring additional living space.
Average Price: $781 / sq. ft.
This pricing structure positions The Rio II competitively within the Mount Pleasant West market, offering value for those seeking established Midtown living. The range of suite sizes ensures various entry points for potential owners looking to establish themselves in this central Toronto neighbourhood.
The Rio II provides residents with essential building amenities designed for comfortable urban living. The 13-storey structure includes modern building systems and maintenance services typical of professionally managed condominium properties.
As an established building from 2002, The Rio II offers the reliability of mature construction with updated building management practices that ensure ongoing resident satisfaction and property maintenance.
Residents of The Rio II enjoy life in Mount Pleasant West, one of Toronto's most desirable residential pockets. The neighbourhood combines the convenience of urban infrastructure with the appeal of tree-lined streets and local community character.
The area offers easy access to Yonge Street's commercial corridor while maintaining a distinct residential atmosphere. This balance makes it an attractive choice for professionals seeking both downtown accessibility and neighbourhood tranquility within Toronto's core.
Heather Downs Developments Inc. (HDD) is an established Ontario-based real estate development company specializing in residential and commercial projects. The firm has demonstrated particular expertise in the Midtown Toronto market.
HDD's focused approach to development is evident in their concentrated presence along Merton Street, where they successfully delivered both The Rio II and The Rio III project at 195 Merton Street. This local concentration reflects their understanding of the Mount Pleasant West market and commitment to the neighbourhood's continued development.
29 days on market
MLS® # C12719220
Feb 20, 2026
Sold
Jan 21, 2026
Listed For Sale
Average
Median