Unknown for 55 Mercer St #2615, Toronto Ontario M5V 0W4
16 hours on Market

55 Mercer St #2615, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
1 + 1
2
~600-699 sqft
$725,000
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Condo
1 + 1
2
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,123/sqft

Est. Mortgage$3,114/mo

Maintenance fees$477/mo

Tax Amount (2025)-

Days On Market16 hours


Description

Welcome to 55 Mercer - a stunning new development by Centrecourt! Experience downtown living at its finest in this brand new 1-bedroom plus den & 2-bathroom suite located in the heart of Toronto's vibrant Entertainment District. This stylish south-facing unit offers city views and modern finishes, perfect for young professionals or investors. With an open-concept layout, floor-to-ceiling windows, and contemporary kitchen featuring built-in appliances, this space is designed for both comfort and convenience. As a resident of 55 Mercer, you'll enjoy access to The Mercer Club which offers 3 floors of state-of-the-art fitness, co-working and entertainment spaces. With a prime location at the heart of the city, you'll be steps away from some of Toronto's best restaurants, attractions and your everyday amenities including Rogers Centre, The Well, Union Station & More!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11923574
Community NameEntertainment District
Data SourceTRREB
Listing byUNION CAPITAL REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

2.81 x 9.27

Galley Kitchen / B/I Appliances / Combined W/Dining

Dining

2.81 x 9.27

Open Concept / Combined W/Kitchen

Living

2.81 x 9.27

South View / Open Concept / Combined W/Dining

Prim Bdrm

2.99 x 2.97

4 Pc Ensuite / Closet / South View


22Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 14, 2025
ListedActive
$725,000
16 hours on market
history photo preview9
Listing by trreb®
Property listed by UNION CAPITAL 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

50 days

Compared to

2024

51 days

2023

33 days

2022

30 days

New Listings

Past 30 days

390 listings

Compared to

2024

288 listings

2023

191 listings

2022

81 listings

Units sold

Past 30 days

31 units

Compared to

2024

47 units

2023

26 units

2022

89 units

Median Sold Price

Past 30 days

$730,000

Compared to

2024

$688,000

2023

$644,950

2022

$735,000


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