55 Mercer St 1505
Waterfront Communities C1, Downtown Toronto, M5V 0W4
FOR SALE
$824,900
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Property Description
PARKING, LOCKER, 1 BEDROOM & BALCONY, This Breathtaking, Bright Corner Suite @ 55 Mercer Has It All! Stunning Modern 1 Bdrm Unit-9Ft Ceilings-Floor to Ceiling Windows-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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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-01-16 | 2024-04-30 | 105 | $898,800 | - | Expired |
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
Taxes
$3,267 (2024)
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 |
Kitchen | Main | 9.42' x 20.34' | Modern Kitchen, Stone Counter, Hidden Lights |
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 $824,900, which is $255,664 (44.9%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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