55 Mercer St 1611

FOR SALE
$969,999
55 Mercer St 1611, Downtown Toronto
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
55 Mercer St 1611
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C11978567
MLSID
Contact Us
Property Description
Brand New Corner Condo Unit with 2 Bedrooms, 2 Four Pieces Washrooms. . Large Windows, 9' Ceiling, Kitchen Stone Countertop With Built In Appliances. Grand Lobby Furnished by FENDI, 18, 000 sq.ft. of Indoor and Outdoor Amenities. Outdoor Fitness and Basketball Court, BBQs and Fire Pits, Dog Walking Area. 24 HR Indoor Fitness Centre With PELOTON Bikes. An Extravagant Downtown Toronto Condo in the Entertainment District. Perfect Walk and Transit Score, Steps Away from CN Tower, Rogers Centre and Financial District, Shops and Restaurants. One Locker included. Bundle Bell Fiber Internet will be provided for free. 24 hour concierge, Automated parcel delivery Exclusive athletic facility,Private Peloton pods Cross-training & cardio zones State-of-the-art weight training, Zen yoga studio,Sauna,Outdoor basketball court & fitness Centre Community & Private Working Space.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-09 2024-06-02 54 $3,600 - Terminated
Nearby Intersections
Property Features
Library, Marina, Park, Place Of Worship, Public Transit, Rec Centre
Property Details
Street
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.01' x 28.31'Combined W/Dining, Laminate, Large Window
DiningFlat10.01' x 28.31'Combined W/Living, Laminate, Large Window
KitchenFlat10.01' x 28.31'Open Concept, B/I Appliances, Backsplash
Prim BdrmFlat11.25' x 10.83'4 Pc Ensuite, Laminate, Mirrored Closet
2nd BrFlat10.76' x 10.83'Large Window, Laminate, Mirrored Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 1611 is a 2-bedroom 2-bathroom condo listed for sale at $969,999, which is $213,398 (28.2%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Innovative Realty Inc.
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