55 Mercer St 1515

FOR SALE
$965,000
55 Mercer St 1515, Downtown Toronto
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
55 Mercer St 1515
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C8129828
MLSID
Contact Us
Property Description
Be the very first to live in this brand new unit at 55 Mercer Condos! South facing unit with a beautiful CN Tower and the city view. Luxurious urban living in the heart of Downtown Toronto at King St W With 1+1 and two full washrooms. The den is a separate room with glass sliding doors that can be used as a 2nd bedroom.Lobby Furnished by FENDI, 18,000 sq.ft. of Indoor and Outdoor Amenities. Amenities include 24 hr concierge/security, guest suites & underground visitor parking. This building is nestled in the vibrant Entertainment District in the midst of the city's finest entertainment & dining experiences. Top Tier Amenities: Private Dining Room, Screening Room, Barbecue and Prep Deck, Sauna and Steam Rooms, Conference Centre, Massage Room, Games Room, Fitness Area, Hot Tub, Spin Studio, Yoga Area and Glass Atrium . Walking distance to the Rogers Centre, CN Tower, Tiff Lightbox, Union Station & much more! 100 Transit Score, 98 Walk Score & 90 Bike Score.
Extras
B/I fridge, B/I oven, B/I dishwasher, Glass cooktop, Hood range, Microwave and Stacked washer/dryer.
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 1515 is a 1-bedroom 2-bathroom condo listed for sale at $965,000, which is $361,456 (59.9%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.
Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Real Estate Inc.
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