55 Mercer St 2103

FOR SALE
$457,500
55 Mercer St 2103, Downtown Toronto
55 Mercer St 2103
55 Mercer St 2103
55 Mercer St 2103
55 Mercer St 2103
55 Mercer St 2103
55 Mercer St 2103
55 Mercer St 2103
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C9372098
MLSID
Contact Us
Property Description
Welcome To 55 Mercer, Brand New Studio 370 Sqft. With A Charming Juliette Balcony! With Open-Concept Layout Seamlessly Connects The Living, Dining, And Kitchen Areas, Perfect For Entertaining Or Relaxing. Large Windows Flood The Space With Natural Light, Creating An Inviting Atmosphere. Enjoy Access To 3 Floors Of State-Of-The-Art Fitness Facilities, Co-Working Spaces, Rooftop Garden, And Party Room. Nestled In The Heart Of The Entertainment District Steps Away From TIFF, Rogers Centre, And CN Tower, Nobu, Along With World-Class Shopping, Restaurants, And Cafes. *Experience The Best Of City Living Today!*
Extras
B/I Fridge, Cooktop, Dishwasher. Washer, Dryer. All Electrical Light Fixtures.
Nearby Intersections
Property Features
Lake Access, Library, Other, Public Transit, Rec Centre
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat11.09' x 17.29'
DiningFlat11.09' x 17.29'
KitchenFlat11.09' x 17.29'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 2103 is a 0-bedroom 1-bathroom condo listed for sale at $457,500, which is $41,392 (9.9%) higher than the average sold price of $416,108 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $6,584 (1.6%) compared to the previous 30 day period (July 30 - August 28) and down $28,279 (6.4%) from the same time one year ago.
Inventory Change
There were 84 0-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 35.5% compared with the previous 30 day period (July 30 - August 28) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold $1,769 (0.4%) above asking price over the last 30 days (August 29 - September 27), which represents a $18,958 increase compared to the previous 30 day period (July 30 - August 28) and ($10,296) 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 0-bedroom condos in Downtown Toronto over the last 30 days (August 29 - September 27) stood at 27.4%, down from 41.9% over the previous 30 days (July 30 - August 28) and down from 36.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 28 days when successfully sold over the last 30 days (August 29 - September 27), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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