55 Mercer St 4102
Waterfront Communities C1, Downtown Toronto, M5V 0W4
FOR SALE
$1,298,888
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BEDROOMS2
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Property Description
Welcome to 55 Mercer St, Unit 4102, where luxury living reaches new heights. View the 3D Matterport Virtual Tour, Drone Birdseye View Video & Floor Plans Now. Situated on the 41st floor, this stunning 3-bedroom, 2-bathroom condo offers an unparalleled southwest view of downtown Toronto, the iconic CN Tower, and the shimmering waters of Lake Ontario and includes a dedicated parking spot and locker, ensuring you have everything you need for effortless city living. Floor-to-ceiling windows flood the space with natural light, highlighting the expansive 9-ft ceilings and open-concept layout that epitomize modern elegance. The sleek quartz countertops and built-in appliances in the kitchen are as stylish as they are functional, perfect for both entertaining and everyday living. As you enter the building, you are greeted by a grand lobby that exudes sophistication, with natural wood and stone finishes complemented by Fendi furniture. This space sets the tone for what lies ahead: The Mercer Club, a three-story hub of exclusive amenities designed to enhance your lifestyle. The state-of-the-art fitness center is equipped with Peloton pods, high-intensity cardio zones, a serene yoga studio, and infrared cedar saunas catering to all your wellness needs. The co-working spaces are a standout feature, offering private breakout rooms for focused work, a fully equipped boardroom for meetings, and vibrant social areas perfect for networking and collaboration. Outside, the amenities continue with landscaped terraces that provide a tranquil setting for relaxation or entertaining, a half-size basketball court for recreation, and a dog run for your furry friends. Located in the heart of Torontos vibrant downtown, you're just steps away from the city's best dining, shopping, and cultural landmarks. Unit 4102 at 55 Mercer isn't just a place to live its a luxurious sanctuary in the sky, offering a lifestyle that is truly unparalleled.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-28 | 2024-10-03 | 36 | $1,388,888 | - | Suspended |
Extras
3D Virtual Matterport Tour, Drone Birdseye View Video & Floor Plan Attached to the Listing.
Nearby Intersections
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
800-899
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (B / 23)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 11.52' x 16.01' | 4 Pc Ensuite, Window Flr to Ceil, Large Closet |
| 2nd Br | Main | 10.66' x 11.15' | Window Flr to Ceil, South View, Large Closet |
| 3rd Br | Main | 9.74' x 11.15' | Window Flr to Ceil, Sw View, Large Closet |
| Living | Main | 9.15' x 9.68' | Combined W/Kitchen, Window Flr to Ceil, W/O To Balcony |
| Kitchen | Main | 10.60' x 11.15' | Centre Island, Quartz Counter, B/I Appliances |
| Bathroom | Main | 4.99' x 7.84' | |
| Bathroom | Main | 4.33' x 7.41' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 4102 is a 3-bedroom 2-bathroom condo listed for sale at $1,298,888, which is $332,067 (34.3%) higher than the average sold price of $966,821 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $187,625 (24.1%) compared to the previous 30 day period (September 1 - September 30) and down $73,536 (7.1%) from the same time one year ago.Inventory Change
There were 228 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 18.3% compared with the previous 30 day period (September 1 - September 30) and up 21.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($21,073) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,295 decrease compared to the previous 30 day period (September 1 - September 30) and ($17,522) 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 3-bedroom condos in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 39.0%, up from 28.0% over the previous 30 days (September 1 - September 30) and up from 30.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 29 days when successfully sold over the last 30 days (October 1 - October 30), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Executive Homes Realty Inc.
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