Re-listed 70 days ago

55 Mercer St #4803, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
-
1
~0-499 sqft
$•••,•••
$549,000
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Condo
-
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$550/sqft

Est. Mortgage$2,358/mo

Tax Amount (2024)$2,546/yr

Maintenance fees$433/mo

Days On Market70 days

Total Days On Market83 days


Description

Introducing a brand new 370 sq ft studio unit at 55 Mercer Condos with 1 Parking & 1 Bike Locker, a modern development by CentreCourt Developments Inc. Located at King St W & John St in Torontos vibrant Entertainment District, this studio offers sleek laminated flooring, large windows, and a Juliet balcony. The kitchen features stone countertops and built-in mordern appliances. Enjoy Roof top Mercer Club amenities including outdoor Outdoor lounge, private dining area, Bar, BBQ stations, Co-working space, Boardroom. Building also features 24hr concerige, Gym, Guest suite etc. The underground PATH system, located just 150 meters away, provides easy access to the downtown core.This prime location is a walkers paradise with everything you need within reach. Experience urban living at its finest!


Property Details

StyleBachelor/Studio
ViewDowntown
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11955722
Community NameEntertainment District
Data SourceTRREB
Listing byRE/MAX EXCEL TITAN

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Bathroom

2.0 x 2.0

4 Pc Bath

Kitchen

5.72 x 4.19

Combined W/Living / B/I Appliances

Living

5.72 x 4.19

Combined W/Kitchen


Features

Patio: Jlte
Balcony: Jlte

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


42Story
Elevator
Amenities

Concierge, Gym, Party/Meeting Room, Exercise Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
70 days on market
history photo preview27
Listing by trreb®
Property listed by RE/MAX EXCEL TITAN, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2024

31 days

2023

22 days

2022

9 days

New Listings

Past 30 days

288 listings

Compared to

2024

257 listings

2023

188 listings

2022

240 listings

Units sold

Past 30 days

58 units

Compared to

2024

87 units

2023

86 units

2022

152 units

Median Sold Price

Past 30 days

$715,000

Compared to

2024

$715,000

2023

$727,000

2022

$831,900


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