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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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195 Merton Street

Davisville Village, Toronto

The Rio III Condos (195 Merton Street)

byHeather Downs Developments Inc.
Size Range
N/A
Storeys
12
Suites
124
Occupancy
2004
Sales Status
Resale
Construction
Complete

About The Rio III Condos

is a new condominium development by located at , in the neighbourhood.

Key Highlights

AI Generated
  • Building Origin and Character — The Rio III Condos, developed by Heather Downs Developments Inc., was completed in 2004 and features a modern design that complements the vibrant character of Davisville Village.
  • Location Strengths — Situated at 195 Merton Street, this building boasts an impressive Walk Score of 83 and a Transit Score of 84, making it highly accessible to public transit and local amenities, perfect for urban living.
  • Building Maturity Advantages — With nearly two decades of operating history, The Rio III Condos benefits from established reserves and a vetted construction history, providing peace of mind for potential buyers.
  • Unit Mix and Layout Characteristics — The building comprises 124 suites, offering a variety of layouts that cater to diverse lifestyles, ensuring there is something for everyone.
  • Distinctive Amenities — Residents enjoy a range of amenities including a gym, sauna, party room, and concierge services, enhancing the overall living experience within the community.

Amenities & Finishes

Building Amenities

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

Location & Scores

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June 2026

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Nearby Market

Finding nearby buildings and listings...

83
Walk ScoreVery Walkable
84
Transit ScoreVery Walkable
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Floor Plans

No floor plans are currently available for this project.

Nearby Market

Buildings, sales, and listings near The Rio III Condos

Nearby Buildings

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Deer Park Crossing

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97 Lawton Boulevard3 active

97 Lawton Boulevard

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$535,000 – $599,000

~$578/sqft

1815 Yonge Street3 active

1815 Yonge Street

Mount Pleasant West, Toronto

$689,000 – $879,900

~$926/sqft

18 Merton Street3 active

18 Merton Street

Mount Pleasant West, Toronto

$828,000 – $1,085,000

~$799/sqft

119 Merton Street3 active

119 Merton Street

Mount Pleasant West, Toronto

$599,000 – $899,500

~$940/sqft

35 Merton Street2 active

35 Merton Street

Mount Pleasant West, Toronto

$669,900 – $1,175,000

~$904/sqft

68 Merton Street2 active

68 Merton Street

Mount Pleasant West, Toronto

$548,000 – $599,000

~$996/sqft

139 Merton Street2 active

139 Merton Street

Mount Pleasant West, Toronto

$999,000 – $1,085,000

~$986/sqft

245 Davisville Avenue2 active

245 Davisville Avenue

Mount Pleasant West, Toronto

$549,900 – $650,000

~$1000/sqft

5 Soudan Avenue2 active

5 Soudan Avenue

Mount Pleasant West, Toronto

$640,000 – $839,000

~$1164/sqft

Recently Sold & Leased12 nearby transactions

Median $846/sqft

For Sale & Lease Nearby

208A Merton Street
For Sale
4d on market

$1,899,000

3 Bed · 3 Bath · 2000-2500 sqft

208A Merton Street

Mount Pleasant West, Toronto

ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

214 Merton Street, Unit 2F
For Lease
13d on market

$25/mo

4,839 sqft

214 Merton Street, Unit 2F

Mount Pleasant West, Toronto

CBRE LIMITED

206A Merton Street
For Sale
5d on market

$1,699,900

3 Bed · 3 Bath · 2000-2500 sqft

206A Merton Street

Mount Pleasant West, Toronto

CENTURY 21 LEADING EDGE REALTY INC.

214 Merton Street, Unit 3F
For Lease
13d on market

$25/mo

4,931 sqft

214 Merton Street, Unit 3F

Mount Pleasant West, Toronto

CBRE LIMITED

225 Merton Street, Unit 307
Sold Conditional
6d on market

$618,000

1 Bed + Den · 1 Bath · 600-699 sqft

225 Merton Street, Unit 307

Mount Pleasant West, Toronto

Maintenance: $789.6/mo

SOTHEBY'S INTERNATIONAL REALTY CANADA

214 Merton Street
For Lease
28d on market

$25/mo

14,190 sqft

214 Merton Street

Mount Pleasant West, Toronto

CBRE LIMITED

214 Merton Street, Unit 1F
For Lease
13d on market

$25/mo

4,420 sqft

214 Merton Street, Unit 1F

Mount Pleasant West, Toronto

CBRE LIMITED

For Sale
1on MLS
6 avg DOM
$618K

Current Availability

#307 - 225 Merton StreetSold Conditional6d on market

$618,000

$951/sqft

#307 - 225 Merton Street

1 Bed + Den1 Bath1 Parking
600-699 sqft

Maint. $789.6/mo

SOTHEBY'S INTERNATIONAL REALTY CANADA

Red Bricks Intelligence uses a multi-layered, AI-enhanced algorithm to match floor plans and sizing to units. While we strive for a high degree of accuracy, errors may occur. Buyers should independently verify all unit specifications.

Transaction History

Search transaction history at The Rio III Condos

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Nov 2025

1 Listed | 1 Sold
Jan 01, 2024Sold
$000,000

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Aug 2025

2 Listed | 1 Sold | 1 Rented
Jan 01, 2024Sold
$000,000

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Jan 01, 2024Leased
$000,000

(Sign-in required)

Jul 2025

1 Listed | 1 Rented
Jan 01, 2024Leased
$000,000

(Sign-in required)

Jun 2025

1 Listed | 1 Rented
Jan 01, 2024Leased
$000,000

(Sign-in required)

May 2025

1 Listed | 1 Sold
Jan 01, 2024Sold
$000,000

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Apr 2025

3 Listed | 3 Rented
Jan 01, 2024Leased
$000,000

(Sign-in required)

Jan 01, 2024Leased
$000,000

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Jan 01, 2024Leased
$000,000

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Jan 2025

1 Listed | 1 Sold
Jan 01, 2024Sold
$000,000

(Sign-in required)

Dec 2024

2 Listed | 2 Rented
Jan 01, 2024Leased
$000,000

(Sign-in required)

Jan 01, 2024Leased
$000,000

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Jul 2024

1 Listed | 1 Sold
Jan 01, 2024Sold
$000,000

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Jun 2024

2 Listed | 2 Sold
Jan 01, 2024Sold
$000,000

(Sign-in required)

Jan 01, 2024Sold
$000,000

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