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For saleMLS® C14113248

55 Mercer Street 509, Toronto, ON M5V 0W4

Waterfront Communities · C01 · M5V 0W4

$999,900

+ $893/mo maintenance$1,000 / sq ft

1 weeks on market

Bedrooms
3
Bathrooms
2
Interior
1,000 sf
Parking
1

What's special

  • Underground parking
  • North west exposure
  • Central air
  • Pets with restrictions
  • Parking, Building insurance, Common elements included
  • Built-in oven
  • Primary bedroom - main floor

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About this property

RARE 3+1 BEDROOM WITH PARKING & LOCKER IN THE HEART OF DOWNTOWN TORONTO!** Welcome to the prestigious No. 55 Mercer Residences, where luxury, space and urban convenience come together! Offering approximately 1,050 sq. ft. of living space, this exceptional 3+1 bedroom, 2 bathroom suite delivers a rare combination of size, versatility and functionality in Toronto's vibrant Entertainment District. Three bedrooms plus a flexible den offer ample space for families, professionals, guests or a home office. Complete with ONE PARKING SPACE AND LOCKER, highly sought-after conveniences in the downtown core! Experience an extraordinary lifestyle with approximately 18,000 sq. ft. of indoor and outdoor amenities spanning three levels, including a stunning FENDI-furnished lobby, 24-hour concierge, state-of-the-art fitness centre, Peloton bikes, yoga studio, sauna, outdoor fitness area, basketball court, co-working spaces, boardroom, private dining and entertainment areas, guest suites, outdoor lounges, BBQ facilities and fire pits. Enjoy the best of downtown living with King West, the Financial District, PATH network, TTC, Union Station, Rogers Centre, CN Tower, Scotiabank Arena, theatres, shopping, exceptional restaurants and Toronto's waterfront all within easy reach. Whether you're working from home, raising a family, entertaining or investing, this spacious residence offers the perfect balance of comfort, convenience and an exciting urban lifestyle. **AN OUTSTANDING OPPORTUNITY TO OWN A SPACIOUS 3+1 BEDROOM RESIDENCE WITH PARKING AND LOCKER IN ONE OF TORONTO'S MOST EXCITING DOWNTOWN COMMUNITIES!

Features

  • Built-In Oven
  • Primary Bedroom - Main Floor

Property details

Property

Property type
condo apartment
Bedrooms
3
Bathrooms
2
Interior size
1,000 sq ft
Possession
TBD

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
North West

Exterior & services

Construction
Concrete
Garage
Underground
Parking spaces
1

Condominium

Corporation
3016 TSCC
Property manager
360 Community Management
Pets
Yes-with Restrictions
Fee includes
Parking Included, Building Insurance Included, Common Elements Included

Costs

List price
$999,900
Property taxes
$5,399 / year (2026)
Maintenance fee
$893 / month
Price per sq ft
$1,000

Listing

MLS® number
C14113248
Status
For sale
Listed
October 23, 2026
Days on market
12
Last updated
October 23, 2026
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

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 91% of comparable condo apartment listings in Waterfront Communities are asking less.

$447KMedian $613K$999K
This home
$1,000 / 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 payment7.5% · minimum $74,990
$74,990
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,113.99
Property tax (est.)
$449.94
Maintenance fee
$892.62
Estimated monthly
$6,457

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
$16,473
Toronto municipal
$16,473
Total due on closing
$32,946

An estimate on the asking price of $999,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. 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.

$999,900

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