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For saleMLS® C13118006

55 Mercer Street S 1802, Toronto, ON M5V 1H2

Waterfront Communities · C01 · M5V 1H2

$1,300,000

+ $760/mo maintenance$1,625 / sq ft

5 months on market

Bedrooms
3
Bathrooms
2
Interior
800 sf
Parking
1

What's special

  • Underground parking
  • Owned locker
  • Balcony
  • South west exposure
  • Central air
  • Pets with restrictions
  • Exercise room
  • Game room

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About this property

Welcome to 55 Mercer Luxury Residence, this upgraded corner unit is situated in a perfect location. Boasting with 3 bedrooms, 2 bathrooms with 9' ceiling and large windows in every room with upgraded closet doors. Modern open concept kitchen with custom quartz island. Amenities include luxury lobby furnished by Fendi, 24-hour concierge, private dining room, outdoor lounge w/BBQ and fire pit, basketball court, 2 level gym and dog walking area. 100 walk and transit score. Toronto's underground PATH system is 150 meters away. 1 locker and parking included.

Rooms

6 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Bedroom 2Main——
Bedroom 3Main——
KitchenMain——
BathroomMain—3 Pc Bath
Living RoomMain——
Primary BedroomFlat—3 Pc Ensuite

Features

  • Other

Building amenities

  • Exercise Room
  • Game Room
  • Guest Suites
  • Gym

Property details

Property

Property type
condo apartment
Bedrooms
3
Bathrooms
2
Interior size
800 sq ft
Possession
Immediate

Interior

Heating
Forced Air · Electric
Cooling
Central Air
Exposure
South West
Balcony
Open

Exterior & services

Construction
Brick
Garage
Underground
Parking spaces
1

Condominium

Corporation
3016 TSCC
Property manager
360 Community Management
Locker
Owned
Pets
Yes-with Restrictions

Costs

List price
$1,300,000
Property taxes
$4,600 / year (2025)
Maintenance fee
$760 / month
Price per sq ft
$1,625

Listing

MLS® number
C13118006
Status
For sale
Listed
May 12, 2026
Days on market
176
Last updated
May 12, 2026
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 95% of comparable condo apartment listings in Waterfront Communities are asking less.

$447KMedian $622K$999K
This home
$1,625 / sq ft
Comparable median
$976 / sq ft

Based on 96 comparable active condo apartment listings in Waterfront Communities. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $105,000
$105,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,607.36
Property tax (est.)
$383.33
Maintenance fee
$760.00
Estimated monthly
$7,751

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,475
Toronto municipal
$22,475
Total due on closing
$44,950

An estimate on the asking price of $1,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CITYSCAPE REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,300,000

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