55 Mercer Street, Unit 10, 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 $799,900 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: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Step Into The Ultimate Urban Lifestyle With This Chic 2-Bedroom, 2-Bathroom Condo In The Heart Of Downtown Toronto. Just Steps From Nobu And The Bisha Hotel, This Sun-Soaked Unit Is Perfect For Those Who Love City Living And Value Effortless Convenience. The Experience Of Luxury And Elegance Begins The Moment You Step Into The Stunning Lobby. Enjoy Modern Finishes Such As Quartz Countertops, 9-Ft Ceilings, And A Spacious Open-Concept Layout. Everything You Need From Dining And Entertainment To Shopping And Transit Is Just Minutes Away. With Iconic Spots Like The Rogers Centre, CN Tower, TIFF Lightbox, And Union Station All Within Walking Distance Making This Property Perfect For Someone Who Values Both City Living & The Comfort Of A Thoughtfully Designed & Well Appointed Unit. **EXTRAS** Residents Enjoy Top-Notch Amenities, Including A 24-Hour Concierge, Indoor Fitness Center With Peloton Bikes, Outdoor BBQs, Fire Pits, Basketball Court, And Co-Working Spaces. CAM fees include internet.
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Property Summary
This condo apartment located at 55 Mercer Street, Toronto is currently for sale and has been available on SousaSells for 31 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 55 Mercer Street, Toronto is in the Waterfront Communities C1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C1, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-799 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Arts Centre
- Hospital
- Park
- Public Transit
- Lake/Pond
- Rec./Commun.Centre
Interior Features
- Carpet Free
Security Features
- Carbon Monoxide Detectors
- Concierge/Security
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 55 Mercer Street, Unit 10, Toronto, ON
Q.What is the asking price for 55 Mercer Street, Unit 10, Toronto, ON ?
The current listing price for 55 Mercer Street, Unit 10, Toronto, ON in Waterfront Communities C1, Toronto is $799,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.
Q.What property type and architectural style is 55 Mercer Street, Unit 10, Toronto, ON ?
55 Mercer Street, Unit 10, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 55 Mercer Street, Unit 10, Toronto, ON offer?
Key property features include: Arts Centre, Hospital, Park, Public Transit, Lake/Pond, Rec./Commun.Centre.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.What security features are installed at 55 Mercer Street, Unit 10, Toronto, ON ?
Security features include: Carbon Monoxide Detectors, Concierge/Security, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 55 Mercer Street 1711, Toronto, 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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.