Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete and stone construction, this residence presents an exceptional opportunity offered at $1,068,800 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.
Sun-Filled, Airy & Chic - Welcome to this stunning southwest-facing 3-bedroom suite with parking and locker at the luxurious Fendi-designed residence, 55 Mercer. Enjoy breathtaking CN Tower views from all bedrooms, a highly functional open-concept layout with no wasted space, and one of the best split-bedroom floor plans for maximum privacy and comfort.This elegant suite features 9-ft ceilings, floor-to-ceiling windows, a walk-out balcony, and a sleek modern kitchen finished with high-end European appliances, quartz countertop and backsplash, plus generous kitchen storage. The spa-inspired bathrooms add a refined touch, while Athe spacious southwest-facing primary bedroom offers a 4-piece ensuite and large mirrored closet. The second bedroom also enjoys bright southwest exposure, making this home ideal for end-users, investors, or anyone seeking stylish downtown living in the heart of Toronto's Entertainment District. 55 Mercer is one of downtown Toronto's newest luxury residences, located steps from King West, the heart of Entertainment/ Financial District, offers unmatched walkability - with the street car, subway, Path, shops, theatres, restaurants, cafes, and everything you need just a short stroll from your doorstep. Conveniently located within walking distance to the CN Tower, Rogers Centre, Chinatown, Queen West, and many more downtown hotspots. Residents enjoy world-class amenities across three levels, including Grand Lobby Furnished by FENDI, a state-of-the-art 2 level gym fitness centre with Peloton pods and HIIT training zones, yoga studio, infrared cedar saunas, co-working spaces, boardrooms, landscaped outdoor terraces, basketball-court, BBQ areas and a dog run, private dining room. Parking and locker included. Bonus: Bell high-speed internet is included in the maintenance fees.
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Clear View, Marina, Park, Public Transit, School, Waterfront
Auto Garage Door Remote, Built-In Oven, Carpet Free, ERV/HRV, Countertop Range, Storage Area Lockers
Alarm System, Carbon Monoxide Detectors, Concierge/Security, Security System, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 Mercer Street 1502, Toronto C01, ON M5V 0W4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,068,800 in Toronto, the legal minimum down payment is $213,760 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 $17,851 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,851 also applies, bringing the total estimated land transfer taxes to $35,702.
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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.