55 Mercer St 2906

FOR SALE
$490,000
55 Mercer St 2906, Downtown Toronto
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
55 Mercer St 2906
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C10408846
MLSID
Contact Us
Property Description
CentreCourt has just unveiled it's latest project! Featuring sleek, modern finishes, this studio layout provide comfort, practicality and convenience. Nestled in the downtown core, you'll be a miss not to explore the surrounding areas and experience convenience all around. TTC, shops, a theatre,restaurants, cafes and pretty much anything you'll require is a convenient stroll away from your doorstep.
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 2906 is a 0-bedroom 1-bathroom condo listed for sale at $490,000, which is $75,044 (18.1%) higher than the average sold price of $414,956 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $17,116 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $7,488 (1.8%) from the same time one year ago.
Inventory Change
There were 75 0-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is up 2.7% compared with the previous 30 day period (September 21 - October 20) and up 31.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($13,475) (3.2%) below asking price over the last 30 days (October 21 - November 19), which represents a $285 decrease compared to the previous 30 day period (September 21 - October 20) and ($7,671) 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 0-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 33.3%, up from 30.1% over the previous 30 days (September 21 - October 20) and down from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (October 21 - November 19), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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