55 Mercer St 308
Waterfront Communities C1, Downtown Toronto, M5V 0W4
FOR SALE
$807,500
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC11894061
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Property Description
Welcome to Urban Living and Sophistication Redefined at 55 Mercer. This Spacious, Brand New, Never Lived In 2+1 Unit with 2 Full Baths Is The Perfect Place To Call Home In The Heart Of The City. Featuring North Views, 9' Ceilings, Integrated Appliances, Concierge Desk in Lobby, Gym, Roof Top Garden, Party Room and More! Located Minutes Away From Toronto Harbourfront, Rogers Centre, CN Towner, Union Station, St. Andrew TTC Station, and Plenty of Shopping, Restaurants and Cafes. PARKING available upon request. Sold with full TARION Warranty.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-02 | 2024-12-16 | 14 | $887,500 | - | Terminated |
| 2024-09-26 | 2024-12-01 | 66 | $887,500 | - | Expired |
Nearby Intersections
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 22.51' x 9.91' | Combined W/Kitchen, Large Window |
| Kitchen | Flat | 22.51' x 9.91' | Combined W/Living, Large Window |
| Prim Bdrm | Flat | 12.17' x 8.92' | 4 Pc Ensuite, Closet |
| 2nd Br | Flat | 9.91' x 9.25' | Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 308 is a 2-bedroom 2-bathroom condo listed for sale at $807,500, which is $68,748 (9.3%) higher than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.Inventory Change
There were 743 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) 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 2-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc.
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