$639,000
Est. payment $2,829/moCalculate yours
55 Mercer Street 2205, Toronto, ON M5V 0W4
Waterfront Communities C1, Toronto, ON M5V 0W4
- 1 Beds
- 1 Baths
- 0 Sq Ft
Listing courtesy of REAL ESTATE HOMEWARD MLS® C13610516
About this home
Welcome to 55 Mercer Street - a sleek and modern one-bedroom suite with Balcony in the heart of downtown Toronto. Featuring contemporary finishes and a functional layout, this unit offers an ideal blend of comfort, style, and convenience.Enjoy exceptional walkability with TTC access, shops, theatres, restaurants, cafés, entertainment, and everyday essentials just steps from your door.Residents have access to an impressive selection of building amenities, including a fitness centre, party room, 24-hour concierge, rooftop terrace, and guest suites.An excellent opportunity for end users seeking a convenient downtown lifestyle or investors looking for a highly desirable and easy-to-rent location.
Property details
Overview
- Property Type
- Common Element Condo
- Style
- Apartment
- For
- For Sale
- Status
- New
- Approximate Age
- New
- Size
- 0-499 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Concrete
Lot & Parking
- Parking
- None garage
Financial
- Property Taxes
- $2,873 (2026)
- Condo Fee
- $425/mo
- Fee Includes
- Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Waterfront Communities C1
- Cross Street
- Front & Mercer
Listing
- MLS® Number
- C13610516
- Days on Market
- 83
- Listed On
- 2026-07-27
- Listed By
- REAL ESTATE HOMEWARD
Rooms
Features
Interior
- None
Property
- Park
- Public Transit
Amenities
- Concierge
- Gym
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Included
- Existing fridge, stove, built-in microwave/range hood, washer and dryer, all existing electric light fixtures, and all existing window coverings.
Mortgage calculator
Estimated mortgage payment
$2,829 per month
- Principal and interest
- $2,829
- Property tax
- $239
- Condo fees
- $425
- Estimated monthly cost
- $3,494
Your mortgage
- Mortgage amount
- $511,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $337,606
Cash to close
- Down payment
- $127,800
- Land transfer tax (Ontario + Toronto)
- $18,510
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $146,310
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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