55 Mercer St 3003
Waterfront Communities C1, Downtown Toronto, M5V 3W2
FOR SALE
$599,900
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BEDROOMS1
BATHROOMS1
KITCHENS2
ROOMSC8128890
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Property Description
Stunning opportunity at an amazing price - PRICED TO SELL!Amazing PRIME location: Snap bang in the middle of the Financial District, the Tech District, the Entertainment District and the Fashion District.Perfect 100/100 Walk Score Easy Access to the PATH network and steps away from St. Andrew TTC & King Street Streetcars.Located within a 5 minute walk to major Toronto destinations like TIFF Lightbox, Roy Thompson Hall,Princess of Wales Theatre, Metro Hall, University of Toronto, Ryerson University, and more!55 Mercer was one of the fastest selling projects in Centre Court's history.Luxury condo building with luxury amenities, including Fendi furniture in the Lobby and Peloton pods in the fitness area.RARE opportunity: Purchase to live here yourself, or as an investment property for future returns!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-12 | 2024-02-28 | 16 | $635,200 | - | Terminated |
| 2024-02-17 | 2024-02-27 | 10 | $1,825 | - | Terminated |
Extras
Exclusive athletic facilities include private Peloton pods, cross-training, weight training, Zen yoga studio & sauna. Outdoor amenities feature a basketball court and fitness center. Additionally,enjoy community and private working space.
Nearby Intersections
Property Features
Hospital, Marina, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 3003 is a 0-bedroom 1-bathroom condo listed for sale at $599,900, which is $177,541 (42.0%) higher than the average sold price of $422,359 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $49,511 (10.5%) compared to the previous 30 day period (March 2 - March 31) and down $79,100 (15.8%) from the same time one year ago.Inventory Change
There were 87 0-bedroom condos listed in Downtown Toronto over the last 30 days (April 1 - April 30), which is up 10.1% compared with the previous 30 day period (March 2 - March 31) and up 20.8% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($3,141) (0.7%) below asking price over the last 30 days (April 1 - April 30), which represents a $71 decrease compared to the previous 30 day period (March 2 - March 31) and $2,125 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 0-bedroom condos in Downtown Toronto over the last 30 days (April 1 - April 30) stood at 36.8%, up from 34.2% over the previous 30 days (March 2 - March 31) and down from 37.5% 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 29 days when successfully sold over the last 30 days (April 1 - April 30), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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