$579,000
↓ $31,000 from $610,000
Est. payment $2,564/moCalculate yours
55 Mercer Street 601, Toronto, ON M5V 3W2
Waterfront Communities C1, Toronto, ON M5V 3W2
- 1 + 1 Beds
- 2 Baths
- 500 Sq Ft
Listing courtesy of KELLER WILLIAMS EDGE REALTY MLS® C13028614
About this home
Enjoy refined downtown living at 55 Mercer with this well-designed 1+den, 2 full bathroom suite. The layout is both practical and versatile, featuring a primary bedroom with a 3-piece ensuite and a separate den that can easily function as a second bedroom or home office.Residents have access to an impressive selection of amenities, including a private dining space, screening room, BBQ terrace, sauna, and a fully equipped fitness centre.Located in the heart of the city, this is a fantastic opportunity to experience modern condo living with comfort, convenience, and style.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- Extension
- Approximate Age
- 0-5
- Size
- 500 sqft
Interior
- Bedrooms
- 1 + 1
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
Lot & Parking
- Parking
- None garage
Financial
- Property Taxes
- $3,295 (2025)
- Condo Fee
- $464/mo
- Fee Includes
- Building Insurance Included, Common Elements Included
- Pets
- No
Location
- Neighbourhood
- Waterfront Communities C1
- Cross Street
- King St W & Blue Jays Way
Listing
- MLS® Number
- C13028614
- Days on Market
- 179
- Listed On
- 2026-04-22
- Possession
- TBD
- Listed By
- KELLER WILLIAMS EDGE REALTY
Features
Interior
- Carpet Free
- Built-In Oven
- Countertop Range
Property
- Library
- Park
- Public Transit
Amenities
- Concierge
- Guest Suites
- Gym
- Rooftop Deck/Garden
- Visitor Parking
- Included
- B/I Fridge, B/I Dishwasher, B/I Stove with Range Hood & Oven, B/I Microwave, Stacked Washer & Dryer, Window coverings, Elfs
Mortgage calculator
Estimated mortgage payment
$2,564 per month
- Principal and interest
- $2,564
- Property tax
- $275
- Condo fees
- $464
- Estimated monthly cost
- $3,302
Your mortgage
- Mortgage amount
- $463,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $305,906
Cash to close
- Down payment
- $115,800
- Land transfer tax (Ontario + Toronto)
- $16,110
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $131,910
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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