55 Mercer St 1505
Waterfront Communities C1, Downtown Toronto, M5V 3W2
FOR SALE
$898,800
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Property Description
PARKING, LOCKER, FULL BEDROOM & BALCONY, This Breathtaking, Bright Corner Suite @ 55 Mercer Has It All! Stunning Modern 1 Bdrm Unit-9Ft Ceilings-Floor to Ceiling Windows-Just Professionally Painted-Designer Benjamin Moore Paint W/Accent Walls! Steps From King St, Rogers Centre, Transit, The Well, Shopping, Restaurants, Harbourfront-24 Hr Concierge- Outdoor Basketball Court-Outdoor Fitness Centre-Sauna-Peleton Pods--Gym-Yoga-Guest Suites- -Party Rm ++
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Extras
1 of only 98 Parking Spots In The Building & 1 Locker Included! Incl: Integrated Fridge, Cooktop, Stainess Steel B/I Oven, Hood Fan, B/I Dw & B/I Microwave ,Washer, Dryer, Upgraded Elf's
Nearby Intersections
Property Features
Arts Centre, Hospital, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.42' x 20.34' | Laminate, Combined W/Dining, Open Concept |
| Dining | Main | 9.42' x 20.34' | Laminate, Combined W/Living, W/O To Balcony |
| Bathroom | Main | 9.19' x 11.52' | Laminate, Mirrored Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 1505 is a 1-bedroom 1-bathroom condo listed for sale at $898,800, which is $296,624 (49.3%) higher than the average sold price of $602,176 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $757 (0.1%) compared to the previous 30 day period (February 28 - March 28) and down $25,718 (4.1%) from the same time one year ago.Inventory Change
There were 1,665 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 29 - April 27), which is up 16.7% compared with the previous 30 day period (February 28 - March 28) and up 53.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($7,788) (1.3%) below asking price over the last 30 days (March 29 - April 27), which represents a $3,050 increase compared to the previous 30 day period (February 28 - March 28) and ($2,428) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 29 - April 27) stood at 39.1%, down from 45.4% over the previous 30 days (February 28 - March 28) and down from 76.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 29 - April 27), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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