55 Mercer Street, Unit 07, 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 $518,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Separate Heating Controls
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Modern Open-Concept 1 Bedroom Suite In The Heart Of Downtown Toronto's Entertainment District.Offering 459 Sq Ft Of Thoughtfully Designed Living Space, This Stylish Unit Features 9-FtCeilings, Laminate Floors Throughout, Floor-To-Ceiling Windows, Contemporary Finishes, QualityKitchen Appliances, And In-Suite Laundry. Residents Enjoy Over 18,000 Sq Ft Of Luxury Indoor &Outdoor Amenities Including A Stunning Fendi-Furnished Lobby, State-Of-The-Art Fitness Centre,Yoga Studio, Outdoor Basketball Court, BBQ Area, Private Workspaces, Rooftop Terrace, PartyLounge, And 24-Hour Concierge. Steps To Union Station, The Financial District, TTC, CN Tower,Rogers Centre, TIFF Bell Lightbox, The Well, Top Restaurants, Nightlife, And The WaterfrontWalkway. Experience The Ultimate Urban Lifestyle In One Of Toronto's Most Vibrant Neighbourhoods.
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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 23 days. This property is listed at $518,000 with an estimated mortgage of $1,724* per month. It has 1 bed, 1 bathroom, and is 0-499 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C1, Toronto.
- •1 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •0-499 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
None listed
Interior Features
- Carpet Free
- Primary Bedroom - Main Floor
- Separate Heating Controls
Security Features
- Concierge/Security
Community Features
None listed
Frequently Asked Questions about 55 Mercer Street, Unit 07, Toronto, ON
Q.What is the asking price for 55 Mercer Street, Unit 07, Toronto, ON ?
The current listing price for 55 Mercer Street, Unit 07, Toronto, ON in Waterfront Communities C1, Toronto is $518,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 1 bedroom and 1 bathroom across approximately 0-499 sqft.
Q.What property type and architectural style is 55 Mercer Street, Unit 07, Toronto, ON ?
55 Mercer Street, Unit 07, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Separate Heating Controls.
Q.What security features are installed at 55 Mercer Street, Unit 07, Toronto, ON ?
Security features include: Concierge/Security.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (None).
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 1007, Toronto, 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 $518,000 in Toronto, the legal minimum down payment is $26,800 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 $6,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,835 also applies, bringing the total estimated land transfer taxes to $13,670.
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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.