55 Mercer St 3509
Waterfront Communities C1, Downtown Toronto, M5V 0W4
FOR SALE
$895,000
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BEDROOMS2
BATHROOMS1
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Property Description
Sky-High Living In Downtown Toronto! Welcome To This Brand-New, Corner Unit 1+Den Condo On The 35th Floor, Offering Stunning Views Of The City And The CN Tower. With 2 Full Bathrooms And Floor-To-Ceiling Windows, This Space Is Flooded With Natural Light, And The Versatile Den (With Its Own Door) Doubles As A Perfect Guest Room Or Office. The Kitchen Is A Chefs Dream, Featuring Sleek Quartz Countertops And Built-In Stainless Steel Appliances. The Primary Bedroom Opens To A Private Balcony, Where You Can Soak In The City Views. Nestled In The Heart Of The Entertainment District, You're Steps Away From Nobu, TIFF, Rogers Centre, And The CN Tower. Connectivity Is A Breeze With Streetcars And Subways Minutes Away. The Buildings World-Class Amenities Include Private Peloton Stalls, A Basketball Court, Rooftop Terrace, Two-Story Gym, Workspaces, Party Rooms And More!
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Nearby Intersections
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.85' x 12.70' | Laminate, Window Flr to Ceil, Combined W/Dining |
| Kitchen | Main | 13.85' x 12.70' | Laminate, Window Flr to Ceil, Open Concept |
| Dining | Main | 13.85' x 12.70' | Laminate, Window Flr to Ceil, Combined W/Kitchen |
| Prim Bdrm | Main | 11.75' x 9.06' | Balcony, Window Flr to Ceil, 4 Pc Ensuite |
| Den | Main | 6.14' x 8.23' | Laminate, Window Flr to Ceil, Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Mercer St 3509 is a 1-bedroom 2-bathroom condo listed for sale at $895,000, which is $332,137 (59.0%) higher than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) more 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 1-bedroom condos in Downtown Toronto over the last 30 days (November 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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