55 Mercer St 1505

FOR SALE
$824,900
55 Mercer St 1505, Downtown Toronto
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
55 Mercer St 1505
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C9761858
MLSID
Contact Us
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 ++
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
Property Details
Street
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
Room Summary
RoomLevelSizeFeatures
LivingMain9.42' x 20.34'Laminate, Combined W/Dining, Open Concept
DiningMain9.42' x 20.34'Laminate, Combined W/Living, W/O To Balcony
KitchenMain9.42' x 20.34'Modern Kitchen, Stone Counter, Hidden Lights
BathroomMain9.19' x 11.52'Laminate, Mirrored Closet, Large Window
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 $257,996 (45.5%) higher than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.
Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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