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 brick and concrete construction, this residence presents an exceptional opportunity offered at $3,550 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 55 Mercer! Where lux living and contemporary style meet! Unit features 3 Beds/2 baths & 886 sq ft. living space. Marvelous Ceiling-to-floor Windows, Sleek & modern Kitchen W/quartz Countertop, Backsplash and Built In Appliances. Grand Lobby Furnished by FENDI. State of the Art Indoor & Outdoor Amenities. Amazing Basketball Court, BBQs and Fire Pits, Dog Walking Area. 24 HR Indoor Fitness Centre With PELOTON Bikes. A Sophisticated Downtown Toronto Condo in the Entertainment District. Conveniently located within walking distance to the CN Tower, Rogers Centre, Chinatown, Queen West, and many more downtown hotspots. Perfect Walk and Transit Score. One Locker included. 24 hour concierge. Automated parcel delivery Exclusive athletic facility, Private Peloton pods Cross-training & cardio zones, Zen yoga studio, Sauna, fitness Centre Community & guest suites.
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Interior Features
Carpet Free
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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 306, 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 $3,550 in Toronto, the legal minimum down payment is $178 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 $18 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18 also applies, bringing the total estimated land transfer taxes to $36.
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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.