55 Mercer St 319
Waterfront Communities C1, Downtown Toronto, M5V 0W4
FOR SALE
$765,000
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Property Description
Brand new never lived in before condo suite in the heart of Downtown Toronto with a 100 WALK SCORE & TRANSIT SCORE! This unit features *1 bedroom *1 bathroom *large south facing windows *ensuite laundry *9ft ceilings *modern kitchen equipped with integrated appliances and sleek stone countertops. Don't miss out on Spadina Ave & King St W's vibrant neighbourhood! Live just minutes to Toronto Harbourfront, Rogers Centre, CN Towner, Union Station, St. Andrew TTC Station, shops, cafes and more.
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Extras
Integrated fridge, stainless steel oven, stainless steel microwave, range hood, smooth cooktop, ensuite washer & dryer
Nearby Intersections
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
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 | 15.42' x 12.66' | Laminate, Large Window, Combined W/Dining |
Kitchen | Flat | 15.42' x 12.66' | Stone Counter, Stainless Steel Appl, Modern Kitchen |
Prim Bdrm | Flat | 10.76' x 10.24' | Laminate, Sliding Doors, Large Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 319 is a 1-bedroom 1-bathroom condo listed for sale at $765,000, which is $198,923 (35.1%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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