55 Mercer Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete poured and other construction, this residence presents an exceptional opportunity offered at $799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
If downtown Condos had a "main character" 55 Mercer St, would be it. Sitting in the heart of the city and commanding its pulse, this south facing 2 bed, 2bath delivers skyline dominance with clear, unobstructed views of the CN Tower, Rogers Centre, and the lake-the ultra rare trifecta almost no one in the core can claim. In a high-end building stacked with elevated amenities-hotel level concierge, a polished fitness centre, lounges, coworking zones, entertainment spaces, and even an outdoor urban half court basketball setup with park style gym you're wrapped in a curated, premium urban lifestyle. Step outside and you're instantly plugged into Toronto's bloodstream: the PATH, world class hospitals, the Financial District, King West, the Entertainment District, and connect to every major transit artery with convenience. And with the condo market priced down and flirting with a bottom, this is the moment to stake your claim in the centre of it all before everyone catches on and price momentum builds. This isn't just a home-it's a power move in the heart of the city.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Hospital, Public Transit
Interior Features
Built-In Oven, Carpet Free
Security Features
Concierge/Security
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Mercer Street 3311, Toronto C01, ON M5V 3W2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $799,000 in Toronto, the legal minimum down payment is $54,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,455 also applies, bringing the total estimated land transfer taxes to $24,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.