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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $775,000 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.
Step Into The Ultimate Urban Lifestyle With This Chic 1-Bedroom + Den, 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, Laminate Flooring, And A Spacious Open-Concept Layout. 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. 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.
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Hospital, Park, School
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 55 Mercer Street 1512, Toronto C01, ON M5V 3W2
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 $775,000 in Toronto, the legal minimum down payment is $52,500 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 $11,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,975 also applies, bringing the total estimated land transfer taxes to $23,950.
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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.