8 days on Market

55 Mercer St #4710, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
1
1
~0-499 sqft
$579,990
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$581/sqft

Est. Mortgage$2,491/mo

Maintenance fees$365/mo

Tax Amount (2024)-

Days On Market8 days


Description

Welcome to this stunning 1-bedroom, 1-bathroom unit on the 47th floor of 55 Mercer by CentreCourt Developments. This condo offers east-facing views with natural light and breathtaking cityscapes, especially at sunrise. Floor-to-ceiling windows allow you to fully enjoy the panoramic vistas. Residents have exclusive access to The Mercer Club, which features a state-of-the-art fitness center, modern co-working spaces, and chic entertainment areas for socializing and relaxation. Located in the heart of the city, 55 Mercer is just steps from trendy restaurants, shops and cultural attractions, offering both convenience and luxury living. Whether working or unwinding, this condo provides the ideal balance of comfort and style.


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11945774
Community NameEntertainment District
Data SourceTRREB
Listing byUNION CAPITAL REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

8.33 x 2.59

Open Concept / East View / Combined W/Dining

Dining

8.33 x 2.59

Combined W/Kitchen / Open Concept

Kitchen

8.33 x 2.59

Combined W/Dining / Open Concept / Galley Kitchen

Br

4.83 x 2.77

Closet / East View


Features

Patio: Jlte
Balcony: Jlte

41Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 29, 2025
ListedActive
$579,990
8 days on market
history photo preview25
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

42 days

Compared to

2024

37 days

2023

34 days

2022

20 days

New Listings

Past 30 days

462 listings

Compared to

2024

316 listings

2023

210 listings

2022

82 listings

Units sold

Past 30 days

36 units

Compared to

2024

60 units

2023

50 units

2022

136 units

Median Sold Price

Past 30 days

$710,000

Compared to

2024

$712,000

2023

$676,500

2022

$727,192


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