55 Mercer St 3509

FOR SALE
$895,000
55 Mercer St 3509, Downtown Toronto
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
55 Mercer St 3509
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C9345329
MLSID
Contact Us
Property Description
Sky-High Living In Downtown Toronto! Welcome To This Brand-New, Corner Unit 1+Den Condo On The 35th Floor, Offering Stunning Views Of The City And The CN Tower. With 2 Full Bathrooms And Floor-To-Ceiling Windows, This Space Is Flooded With Natural Light, And The Versatile Den (With Its Own Door) Doubles As A Perfect Guest Room Or Office. The Kitchen Is A Chefs Dream, Featuring Sleek Quartz Countertops And Built-In Stainless Steel Appliances. The Primary Bedroom Opens To A Private Balcony, Where You Can Soak In The City Views. Nestled In The Heart Of The Entertainment District, You're Steps Away From Nobu, TIFF, Rogers Centre, And The CN Tower. Connectivity Is A Breeze With Streetcars And Subways Minutes Away. The Buildings World-Class Amenities Include Private Peloton Stalls, A Basketball Court, Rooftop Terrace, Two-Story Gym, Workspaces, Party Rooms And More!
Nearby Intersections
Property Features
Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain13.85' x 12.70'Laminate, Window Flr to Ceil, Combined W/Dining
KitchenMain13.85' x 12.70'Laminate, Window Flr to Ceil, Open Concept
DiningMain13.85' x 12.70'Laminate, Window Flr to Ceil, Combined W/Kitchen
Prim BdrmMain11.75' x 9.06'Balcony, Window Flr to Ceil, 4 Pc Ensuite
DenMain6.14' x 8.23'Laminate, Window Flr to Ceil, Separate Rm
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 3509 is a 1-bedroom 2-bathroom condo listed for sale at $895,000, which is $331,310 (58.8%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.
Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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