A pic of a room, wood floors for 55 Mercer St #1802, Toronto Ontario M5V 1H2
86 days on Market

55 Mercer St #1802, Toronto, Ontario M5V 1H2

In the same building:
-
Condo
3
2
~800-899 sqft
$1,300,000
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Condo
3
2
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,536/sqft

Est. Mortgage$5,583/mo

Maintenance fees$760/mo

Tax Amount (2023)-

Days On Market86 days


Description

Welcome to 55 Mercer Luxury Residence, this upgraded corner unit is situated in a perfect location. Boasting with 3 bedrooms, 2 bathrooms with 9' ceiling and large windows in every room with upgraded closets. Modern open concept kitchen with custom quartz island. Amenities include luxury lobby furnished by Fendi, 24-hour concierge, private dining room, outdoor lounge w/BBQ and fire pit, basketball court, and dog walking area. 100 walk and transit score. Toronto's underground PATH system is located 150 Meters away. 1 Locker and parking included.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC9418881
Community NameEntertainment District
Data SourceTRREB
Listing byCITYSCAPE REAL ESTATE LTD.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Prim Bdrm

0.00 x 0.00

2nd Br

0.00 x 0.00

3rd Br

0.00 x 0.00

Kitchen

0.00 x 0.00


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


18Story
Amenities

Bike Storage, Exercise Room, Games Room, Guest Suites, Gym, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 21, 2024
ListedActive
$1,300,000
86 days on market
history photo preview29
Listing by trreb®
Property listed by CITYSCAPE REAL ESTATE LTD., 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

50 days

Compared to

2024

51 days

2023

33 days

2022

30 days

New Listings

Past 30 days

390 listings

Compared to

2024

288 listings

2023

191 listings

2022

81 listings

Units sold

Past 30 days

31 units

Compared to

2024

47 units

2023

26 units

2022

89 units

Median Sold Price

Past 30 days

$730,000

Compared to

2024

$688,000

2023

$644,950

2022

$735,000


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