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2 days on Market

55 Mercer St #LPH05, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
1
1
~0-499 sqft
$602,500
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$604/sqft

Est. Mortgage$2,587/mo

Maintenance fees$412/mo

Tax Amount (2024)-

Days On Market2 days


Description

Welcome to Urban Living and Sophistication Redefined at 55 Mercer. This Spacious, Brand New, Never Lived In RARE 1 Bed Unit Is The Perfect Place To Call Home In The Heart Of The City. Featuring North & West Views, Integrated Appliances, Concierge Desk in Lobby, Gym, Roof Top Garden, Party Room and More! Located Minutes Away From Toronto Harbourfront, Rogers Centre, CN Towner, Union Station, St. Andrew TTC Station, and Plenty of Shopping, Restaurants and Cafes. Sold with full TARION Warranty.


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11898970
Community NameEntertainment District
Data SourceTRREB
Listing byCENTURY 21 ATRIA REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

2.87 x 6.20

Combined W/Kitchen / Large Window

Kitchen

2.87 x 6.20

Combined W/Living / Large Window

Prim Bdrm

3.51 x 2.79

Large Window / Closet


46Story
Amenities

Concierge, Gym, Party/Meeting Room, Rooftop Deck/Garden

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by CENTURY 21 ATRIA REALTY INC., 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