65 days on Market

55 Mercer St #605, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
3
2
~800-899 sqft
$1,080,000
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Condo
3
2
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,276/sqft

Est. Mortgage$4,638/mo

Maintenance fees$773/mo

Tax Amount (2024)$4,571/yr

Days On Market65 days


Description

Welcome to the Brand New 55 Mercer Condo located in the heart of the entertainment district in Downtown Toronto. SW Corner unit includes 3 bedrooms, 2 bathrooms, and 1 parking with 9-ft ceiling and large windows in every room. Modern open concept kitchen completed with B/I appliances and ensuite washer/dryer. Amenities include luxury lobby furnished by Fendi, 24-hour concierge, private dining room, outdoor lounge w/BBQ and fire pit, dog walk, and a fantastic fitness centre completed with private Peloton pods, cross-training & cardio zones, yoga studio, sauna, outdoor basketball court, and many more. Walking distance to the citys finest entertainment & dining experiences - steps to CN Tower, Rogers Centre, Tiff Lightbox, TTC, Financial district, PATH, shops and restaurants.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC10416942
Community NameEntertainment District
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

5.50 x 3.60

Combined W/Dining / Large Window / Laminate

Dining

5.50 x 3.60

Combined W/Living / Large Window / Laminate

Kitchen

5.50 x 3.60

Open Concept / B/I Appliances / Backsplash

Prim Bdrm

3.40 x 3.10

4 Pc Ensuite / Mirrored Closet / Laminate


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


5Story
Elevator
Amenities

Concierge, Exercise Room, Guest Suites, Party/Meeting Room, Rooftop Deck/Garden, Sauna

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Nov 10, 2024
ListedActive
$1,080,000
65 days on market
history photo preview30
Listing by trreb®
Property listed by RIGHT AT HOME 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

49 days

Compared to

2024

49 days

2023

32 days

2022

30 days

New Listings

Past 30 days

386 listings

Compared to

2024

279 listings

2023

194 listings

2022

81 listings

Units sold

Past 30 days

28 units

Compared to

2024

50 units

2023

28 units

2022

94 units

Median Sold Price

Past 30 days

$727,500

Compared to

2024

$696,500

2023

$666,500

2022

$732,500


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