Unknown for 55 Mercer St #1606, Toronto Ontario M5V 3W2
68 days on Market

55 Mercer St #1606, Toronto, Ontario M5V 3W2

In the same building:
-
Condo
-
1
~0-499 sqft
$447,500
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Condo
-
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$448/sqft

Est. Mortgage$1,922/mo

Maintenance fees$317/mo

Tax Amount (2024)-

Days On Market68 days


Description

Client RemarksIntroducing a brand new condo unit with a studio layout and a single 4-piece washroom. Throughout, enjoy sleek laminated flooring and ample natural light from large windows & a Juliet balcony. The kitchen features stone countertops and built-in appliances. Enjoy 18,000 sq.ft. of amenities including outdoor fitness facilities, a basketball court, BBQ areas, fire pits, and a dog walking area. Stay active with a state of the art indoor fitness center or get productive in the work from home areas. Located in downtown Toronto's entertainment district, near landmarks like the CN Tower and Rogers Centre, with a perfect walk and transit score. A locker is included, along with 24-hour concierge service & automated parcel delivery. Full TARION warranty.


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11911537
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Features

Heating: Forced Air
Cooling: Central Air

Kitchen

5.72 x 4.19

Combined W/Dining / B/I Appliances

Dining

5.72 x 4.19

Combined W/Living / Open Concept


Features

Patio: Jlte
Balcony: Jlte

13Story
Amenities

Concierge, Exercise Room, Games Room, Gym, Party/Meeting Room, Sauna

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 7, 2025
ListedActive
$447,500
68 days on market
history photo preview22
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

31 days

2023

26 days

2022

10 days

New Listings

Past 30 days

513 listings

Compared to

2024

427 listings

2023

223 listings

2022

128 listings

Units sold

Past 30 days

40 units

Compared to

2024

68 units

2023

92 units

2022

165 units

Median Sold Price

Past 30 days

$720,000

Compared to

2024

$718,500

2023

$672,500

2022

$821,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget