55 Mercer St 2112
Waterfront Communities C1, Downtown Toronto, M5V 3W2
FOR SALE
$978,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
This modern boutique condo, located on a high floor, offers a sleek and open concept layout with a large den featuring a sliding door that can easily serve as a second bedroom. The custom kitchen includes a stylish island, integrated appliances, and custom countertops and backsplash, perfect for both cooking and entertaining. With wide plank flooring and floor-to-ceiling windows, the space feels expansive and bathed in natural light, showcasing stunning city views. Located in Toronto's vibrant Entertainment District, this condo boasts a 100 Walk Score and 100 Transit Score, placing you just steps from the CN Tower, Rogers Centre, and top-tier restaurants. Building amenities include a BBQ, gym, party room, and 24-hour security, adding convenience and luxury to daily living. With Union Station, David Pecaut Square, Thomson Hall, and essential services like banks, restaurants, and supermarkets all just 10 minutes away, this condo offers the perfect blend of modern living and urban accessibility.
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Nearby Intersections
Property Features
Hospital, Park, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,784 (2025)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 9.35' x 11.45' | Laminate, Open Concept, Window |
| Dining | Flat | 10.70' x 11.52' | Laminate, Open Concept, Combined W/Living |
| Kitchen | Flat | 10.70' x 11.52' | Quartz Counter, B/I Appliances, Centre Island |
| Prim Bdrm | Flat | 10.30' x 10.50' | 4 Pc Ensuite, Double Closet, Window Flr to Ceil |
| Den | Flat | 8.14' x 8.27' | Laminate, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 2112 is a 1-bedroom 2-bathroom condo listed for sale at $978,000, which is $418,769 (74.9%) higher than the average sold price of $559,231 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,008 (0.5%) compared to the previous 30 day period (December 20 - January 18) and down $36,630 (6.1%) from the same time one year ago.Inventory Change
There were 1,362 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 47.6% compared with the previous 30 day period (December 20 - January 18) and up 27.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,787) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $1,429 decrease compared to the previous 30 day period (December 20 - January 18) and ($10,396) 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 (January 19 - February 17) stood at 25.6%, down from 34.0% over the previous 30 days (December 20 - January 18) and down from 52.6% 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 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excel Titan
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