55 Mercer St LPH05
Waterfront Communities C1, Downtown Toronto, M5V 0W4
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Property Description
Welcome to Urban Living and Sophistication Redefined at 55 Mercer. This Spacious, Brand New, Never Lived In RARE 1 Bed Unit Is The Perfect Place To Call Home In The Heart Of The City. Featuring North & West Views, Integrated Appliances, 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. Sold with full TARION Warranty.
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Nearby Intersections
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 20.34' x 9.42' | Combined W/Kitchen, Large Window |
| Kitchen | Flat | 20.34' x 9.42' | Combined W/Living, Large Window |
| Prim Bdrm | Flat | 9.15' x 11.52' | Large Window, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St LPH05 is a 1-bedroom 1-bathroom condo listed for sale at $602,500, which is $36,922 (6.5%) higher than the average sold price of $565,578 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,497 (1.0%) compared to the previous 30 day period (October 22 - November 20) and down $24,106 (4.1%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 21 - December 20), which is down 28.5% compared with the previous 30 day period (October 22 - November 20) and up 23.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,110) (2.1%) below asking price over the last 30 days (November 21 - December 20), which represents a $1,026 decrease compared to the previous 30 day period (October 22 - November 20) and ($16,252) 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 (November 21 - December 20) stood at 51.3%, up from 50.0% over the previous 30 days (October 22 - November 20) and down from 56.7% 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 32 days when successfully sold over the last 30 days (November 21 - December 20), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc.
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