5 days on Market

55 Mercer St #3111, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
2
2
~700-799 sqft
$979,000
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Condo
2
2
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,312/sqft

Est. Mortgage$4,204/mo

Maintenance fees$703/mo

Tax Amount (2024)$4,461/yr

Days On Market5 days


Description

Welcome to the newly built 55 Mercer Condominium by CentreCourt located in the heart of downtown Toronto, at the centre of the financial, entertainment & tech districts. This beautifully designed 2 bedroom, 2 full bath unit comes with spectacular South East exposure with views of the CN Tower & the Rogers Centre. Located on the 31st floor with 741 sqft of living space, 9ft ceilings, and expansive windows boasting tons of natural light in every room. Primary bedroom featuring 4 piece ensuite and walk out to open balcony. Featuring an open concept kitchen with built in appliances, ensuite washer & dryer, spa-inspired bathrooms, with modern & luxurious finishes throughout. One parking spot and one locker included. The grand lobby is furnished by Fendi, with 24 hour concierge, the amenities included are state-of-the-art fitness centre complete with Peloton pods, separate high intensity cardio, cross training zones, and a yoga studio. Also included is a co-working area with breakout room, boardroom, and social spaces, private dining room, lounge room, outdoor lounge w/BBQ and fire pit, dog walk, basketball court, landscaped terraces for entertaining, guest suites and more! Centrally located to the finest the city has to offer, steps from Nobu, Bisha Hotel, TTC, PATH, CN Tower, Rogers Centre, TIFF lightbox, Union Station, Eaton Centre, the best restaurants and shops! Internet included in Maintenance Fees.


Property Details

StyleApartment
View-
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11886181
Community NameEntertainment District
Data SourceTRREB
Listing byCENTURY 21 PEOPLE`S CHOICE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

8.66 x 3.05

Laminate / Combined W/Dining / Se View

Dining

8.66 x 3.05

Laminate / Combined W/Kitchen / Open Concept

Kitchen

8.66 x 3.05

Laminate / Open Concept / B/I Appliances

Prim Bdrm

3.44 x 3.08

Laminate / 4 Pc Ensuite / W/O To Balcony


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


27Story
Amenities

Concierge, Guest Suites, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC., Brokerage

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Market Data - Entertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer market Seller market

Avg. Days on Market

Past 30 days

39 days

Compared to

2023

33 days

2022

25 days

2021

19 days

New Listings

Past 30 days

430 listings

Compared to

2023

364 listings

2022

235 listings

2021

159 listings

Units sold

Past 30 days

46 units

Compared to

2023

60 units

2022

46 units

2021

118 units

Median Sold Price

Past 30 days

$620,000

Compared to

2023

$647,000

2022

$699,444

2021

$743,250


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