55 Mercer Street, Unit 1202, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $888,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 55 Mercer Luxury Residence, this upgraded corner unit is situated in a perfect location. Boasting with 3 bedrooms, 2 bathrooms with 9' ceiling and large windows in every room with upgraded closet doors. Floor-to-ceiling windows flood the home with natural light while showcasing spectacular city views from every room. located steps from King West, the Financial District, Rogers Centre, and the city's best restaurants, shopping, and entertainment. Residents enjoy world-class amenities across three levels, including a state-of-the-art fitness centre with Peloton pods and HIIT training zones, yoga studio, infrared cedar saunas, co-working spaces, boardrooms, landscaped outdoor terraces, basketball half-court, BBQ areas and a dog run. Parking and locker included. A rare opportunity to own a high-floor corner residence with iconic skyline views in the heart of downtown Toronto. One Parking and One Locker included
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Property Summary
This condo apartment located at 55 Mercer Street, Toronto is currently for sale and has been available on SousaSells for 89 days. This property is listed at $888,000 with an estimated mortgage of $2,956* per month. It has 3 beds, 2 bathrooms, and is 800-899 square feet. 55 Mercer Street, Toronto is in the Waterfront Communities C1 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C1, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •800-899 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 55 Mercer Street, Unit 1202, Toronto, ON
Q.What is the asking price for 55 Mercer Street, Unit 1202, Toronto, ON ?
The current listing price for 55 Mercer Street, Unit 1202, Toronto, ON in Waterfront Communities C1, Toronto is $888,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 800-899 sqft.
Q.What property type and architectural style is 55 Mercer Street, Unit 1202, Toronto, ON ?
55 Mercer Street, Unit 1202, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Waterfront Communities C1, Toronto
161 assaults (45.0/100k)
43 B&E (40.0/100k)
60 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
55 Mercer Street Toronto
55 Mercer Street Toronto, Toronto
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Mercer Street 1202, Toronto, ON M5V 0W4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $888,000 in Toronto, the legal minimum down payment is $63,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,235 also applies, bringing the total estimated land transfer taxes to $28,470.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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