55 Mercer St 4803
Waterfront Communities C1, Downtown Toronto, M5V 0W4
FOR SALE
$565,000
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSC11955722
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Property Description
Introducing a brand new 370 sq ft studio unit at 55 Mercer Condos with 1 Parking & 1 Bike Locker, a modern development by CentreCourt Developments Inc. Located at King St W & John St in Torontos vibrant Entertainment District, this studio offers sleek laminated flooring, large windows, and a Juliet balcony. The kitchen features stone countertops and built-in mordern appliances. Enjoy Roof top Mercer Club amenities including outdoor Outdoor lounge, private dining area, Bar, BBQ stations, Co-working space, Boardroom. Building also features 24hr concerige, Gym, Guest suite etc. The underground PATH system, located just 150 meters away, provides easy access to the downtown core.This prime location is a walkers paradise with everything you need within reach. Experience urban living at its finest!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2025-01-23 | 2025-02-04 | 12 | $399,000 | - | Terminated |
Nearby Intersections
Property Features
Arts Centre, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level C)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.75' x 18.77' | Combined W/Kitchen |
| Kitchen | Main | 13.75' x 18.77' | Combined W/Living, B/I Appliances |
| Bathroom | Main | 6.56' x 6.56' | 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 4803 is a 0-bedroom 1-bathroom condo listed for sale at $565,000, which is $186,875 (49.4%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excel Titan
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