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 construction, this residence presents an exceptional opportunity offered at $2,800 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 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Atrium
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
Luxury 55 Mercer Condo located in the heart of Downtown Toronto's vibrant entertainment district. Gorgeous view for CN tower and lake Ontario. Bright & sun-soaked corner unit w/functional 1+1 layout wrapped by floor to ceiling windows. 9ft ceiling. Laminate flooring throughout. Modern open concept kitchen. Quartz counter. Backsplash. Built-in stainless steel appliances. Two 4 pieces full bathrooms. Primary bedroom w/sliding door to open balcony. Den can be 2nd bedroom separated by sandblasted glass sliding door. Steps away from Nobu, TIFF, Rogers centre, CN tower, the well. Location offers excellent connectivity, with easy access to public transportation, including streetcars and subway stations.
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Key Features
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Atrium
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Mercer Street 2809, Toronto C01, ON M5V 0W4
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 $2,800 in Toronto, the legal minimum down payment is $140 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 $14 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14 also applies, bringing the total estimated land transfer taxes to $28.
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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.
