55 Mercer St 322
Waterfront Communities C1, Downtown Toronto, M5V 0W4
FOR SALE
$787,500
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSC9369197
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Property Description
Welcome to Urban Living and Sophistication Redefined at 55 Mercer. This Spacious, Brand New, Never Lived In 1+1 Unit with 2 Baths Is The Perfect Place To Call Home In The Heart Of The City. Featuring South Views, 9' Ceilings, 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. Maintenance fee includes bulk internet package. Sold with full TARION Warranty.
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Nearby Intersections
Property Features
Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 19.59' x 10.43' | Large Window |
| Kitchen | Flat | 19.59' x 10.43' | Combined W/Dining |
| Prim Bdrm | Flat | 10.43' x 9.91' | 4 Pc Ensuite, Closet |
| Den | Flat | 6.66' x 9.51' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 322 is a 1-bedroom 2-bathroom condo listed for sale at $787,500, which is $218,264 (38.3%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 1-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc.
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