55 Mercer Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $680,000 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 600-699 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to the Brand New 55 Mercer Condo located in the heart of the entertainment district in Downtown Toronto. Facing West withunobstructed views of the CN TOWER and ROGERS CENTRE includes 1 plus 1 bedrooms, 2 FULL bathrooms located on the 32nd Floor with 9-ftceiling and large windows in every room. Locker Included. Modern open concept kitchen completed with B/I appliances and ensuite washer/dryer. Amenities include luxury lobby furnished by Fendi, 24-hour concierge, private dining room, outdoor lounge w/BBQ and fire pit, dog walk,and a fantastic fitness centre completed with private Peloton pods, cross-training & cardio zones, yoga studio, sauna, outdoor basketball court,and many more. Walking distance to the city's finest entertainment & dining experiences - steps to CN Tower, Rogers Centre, Tiff Lightbox, TTC,Financial district ,PATH, shops and restaurants.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Mercer Street 3215, 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 $680,000 in Toronto, the legal minimum down payment is $43,000 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 $10,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,075 also applies, bringing the total estimated land transfer taxes to $20,150.
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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.
