7 days on Market

55 Mercer St #611, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
2 + 1
2
~700-799 sqft
$777,500
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Condo
2 + 1
2
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,042/sqft

Est. Mortgage$3,339/mo

Maintenance fees$600/mo

Tax Amount (2024)-

Days On Market7 days


Description

Beautifully designed 2 bedroom plus den unit in the newly built 55 Mercer Condominiums by Centrecourt. With 738 sq ft of well appointed living space, this north-facing unit offers a serene retreat in the heart of the city. As you enter, you'll be greeted by an open-concept layout that maximizes space and light. The bright living area is perfect for relaxation and entertaining, while large windows provide an abundance of natural light. The contemporary kitchen is equipped with high-quality appliances and sleek cabinetry. The separate den provides an ideal space for a home office, nursery, or cozy reading nook. Plus 2 generously sized bedrooms with ample closet space. Asa resident of 55 Mercer, you'll enjoy access to The Mercer Club which offers 3 floors of state-of-the-art fitness, co-working and entertainment spaces. Property to be sold with full TARION Warranty. Parking available upon request.


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11893962
Community NameEntertainment District
Data SourceTRREB
Listing byUNION CAPITAL REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Den

2.43 x 2.33

Separate Rm / Sliding Doors

Kitchen

3.12 x 7.03

Combined W/Dining / B/I Appliances

Dining

3.12 x 7.03

Combined W/Kitchen / Open Concept

Living

3.12 x 7.03

Combined W/Dining / North View


5Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by UNION CAPITAL 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

46 days

Compared to

2023

38 days

2022

24 days

2021

23 days

New Listings

Past 30 days

395 listings

Compared to

2023

314 listings

2022

215 listings

2021

122 listings

Units sold

Past 30 days

39 units

Compared to

2023

58 units

2022

43 units

2021

114 units

Median Sold Price

Past 30 days

$623,000

Compared to

2023

$671,750

2022

$710,000

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