95 days on Market

55 Mercer St #4607, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
1
1
~0-499 sqft
$680,000
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$681/sqft

Est. Mortgage$2,920/mo

Maintenance fees$362/mo

Tax Amount (2024)$2,704/yr

Days On Market95 days


Description

Welcome to urban sophistication at its finest! This stunning 1 bed, 1 bath located at 55 Mercer Condos offers a blend of contemporary design and unparalleled comfort in the heart of the city. You're greeted by an open concept living space, flooded with natural light from expansive windows that offer breathtaking views of the city skyline. The living room is perfect for entertaining and social gatherings. The gourmet kitchen featuring modern built in appliances, quartz countertops, and stylish cabinetry providing plenty of storage. 55 Mercer also offers a range of amenities for residents to enjoy, including a fitness center, Basket ball court, a terrace with panoramic views, lounge, 24/7 concierge service, and so much more! Located in the vibrant Entertainment District, steps away from dining, shopping, and entertainment options. With Union Station, the Financial District, and the waterfront all just a short walk away, this condo offers the ultimate urban lifestyle.


Property Details

StyleApartment
View-
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC9357248
Community NameEntertainment District
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

6.30 x 2.83

Combined W/Dining / North View / Juliette Balcony

Prim Bdrm

2.78 x 3.00

Window Flr to Ceil / Closet / North View

Kitchen

6.30 x 2.83

Combined W/Dining / Combined W/Living / B/I Appliances

Dining

6.30 x 2.83

Combined W/Kitchen / Combined W/Living / Quartz Counter


Features

Patio: Jlte
Balcony: Jlte

40Story
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage

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Market Data - Entertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2023

37 days

2022

22 days

2021

23 days

New Listings

Past 30 days

398 listings

Compared to

2023

317 listings

2022

215 listings

2021

131 listings

Units sold

Past 30 days

45 units

Compared to

2023

59 units

2022

45 units

2021

120 units

Median Sold Price

Past 30 days

$660,000

Compared to

2023

$656,000

2022

$710,000

2021

$739,750


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