The Rio II Condos — Toronto Pre-Construction
The Rio II is a resale pre-construction condos development by Heather Downs Developments Inc. in Toronto's Davisville Village. Get pricing, floor plans, de…
The Rio II Quick Facts
| Project Name | The Rio II |
|---|---|
| Developer | Heather Downs Developments Inc. |
| Address | 225 Merton Street |
| City | Toronto |
| Neighbourhood | Davisville Village |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 12 |
| Suite Sizes | 400 – 1 sq ft |
| Pricing | Register for pricing |
| Occupancy | 2003-01-01 |
| Walk Score | 86 |
| Transit Score | 81 |
About The Rio II in Toronto
The Rio II Condos is a completed condominium development by Heather Downs Developments Inc. at 225 Merton Street in the Davisville Village neighbourhood of Toronto. The 12-storey project rises 38 metres (124.7 feet) and contains 124 suites. The Rio II Condos was completed in 2003. Suites range from 400 to 1,399 sq. ft. The location has a Walk Score of 86 and a Transit Score of 81.
The Rio II is also marketed as The Rio II Condos, and listed in the developer's material as The Rio II Condos.
The Rio II Floor Plans & Price List
Floor plans, the current price list and deposit structure for The Rio II are released to registered buyers first. Request the The Rio II floor plans and pricing.
Amenities & Finishes
- ["-Gym / Exercise Room\r\n-Party Room\r\n-Parking Garage\r\n-Security Guard\r\n-Concierge\r\n-Visitor Parking\r\n-Pet Restrictions\r\n-Enter Phone System\r\n-Public Transit\r\n-Meeting / Function Room\r\n-Sauna"]
Location: 225 Merton Street
The Rio II is located at 225 Merton Street, Toronto in the Davisville Village neighbourhood, Greater Toronto Area.
- Walk Score: 86/100
- Transit Score: 81/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Heather Downs Developments Inc.
The Rio II is being developed by Heather Downs Developments Inc..
See all Heather Downs Developments Inc. pre-construction projects.
How to Buy at The Rio II
- Register early. Allocation at The Rio II in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for The Rio II are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for The Rio II
Budget beyond the purchase price at The Rio II: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at The Rio II. Confirm each in the current agreement of purchase and sale before you sign.
The Rio II — Frequently Asked Questions
Where is The Rio II located?
The Rio II is located at 225 Merton Street, Toronto in the Davisville Village neighbourhood.
Who is the developer of The Rio II?
The Rio II is being developed by Heather Downs Developments Inc..
How much do units at The Rio II cost?
Pricing for The Rio II has not been publicly released. Registered buyers receive the price list first.
When is occupancy at The Rio II?
Estimated occupancy for The Rio II is 2003-01-01.
How many units are in The Rio II?
The Rio II is planned as a 12-storey condo development.
How do I get platinum or VIP access to The Rio II?
Circle Real Estate provides platinum access to The Rio II, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for The Rio II pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-10-18. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.