For sale

This one's priced above recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Waterfront Communities C1

55 Mercer Street, Unit 509

Condo Apartment

MLS® #C14113248

Listed for$999,9002 days on market

3 bed 2 bath 1 parking 1000-1199 sq ft~$909/sq ft

New this week
6 schools within 1 km
Streetcar ~100 m

Free · about 10 seconds

Is $999,900 a fair price?

Our read: it’s priced above recent comparable sales — based on 42 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

No obligation · unsubscribe anytime

Measured against 42 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$5,995/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

Loading map…

This home below comps above in lineOpen full map →

6 schools within ~1 km · nearest streetcar ~0.1 km

Property information

What condo buyers ask first

Maintenance fee: $893 / month
Fee includes: Parking
Square footage: 1000-1199 sq ft
Parking: 1 space · Underground
Locker: None
Exposure: North West
Balcony: None
Property tax: $5,399 / yr
Building: 4-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: 1 Storey/Apt
Parking: 1 space · Underground
Heating: Forced Air
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Concrete
Property tax: $5,399 / yr
MLS®: C14113248

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$499,000

Below recent sales

250 Wellington Street W, Unit 339

2+1 bed · 2 bath·800-899 sq ft·1 parking·$1,037/mo fee

Toronto

Listed 3 days ago · Keller Williams Referred Urban Realty

Condo Apartment

$479,000

Below recent sales

14 York Street, Unit 2804

1 bed · 1 bath·600-699 sq ft·$478/mo fee

Toronto

Listed 2 days ago · Royal LePage Signature Realty

Condo Apartment

$675,000

Above recent sales

438 King Street W, Unit 1314

2 bed · 2 bath·700-799 sq ft·1 parking·$715/mo fee

Toronto

Listed 2 days ago · The Agency

Condo Apartment

$2,479,900

Above recent sales

455 Wellington Street W, Unit 706

2+1 bed · 3 bath·1600-1799 sq ft·1 parking·$2,092/mo fee

Toronto

Listed 2 days ago · Sotheby'S International Realty Canada

Condo Apartment

$899,000

Above recent sales

480 Front Street W, Unit 914

2 bed · 2 bath·900-999 sq ft·$909/mo fee

Toronto

Listed 3 days ago · Homelife Landmark Realty Inc.

Condo Apartment

$699,000

Above recent sales

25 Telegram Mews, Unit 816

2+1 bed · 2 bath·700-799 sq ft·1 parking·$605/mo fee

Toronto

Listed 3 days ago · Homenet Realty Inc.

The numbers that matter

Maintenance fee: $893/mo
Property tax: $5,399/yr
Est. all-in: ~$5,995/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

ALPHA Alternative Junior SchoolPublic · Elementary · Toronto DSB0.5 km
Oasis Alternative Secondary SchoolPublic · Secondary · Toronto DSB0.5 km
Ogden Junior Public SchoolPublic · Elementary · Toronto DSB0.6 km
Bishop Macdonell Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.7 km
Jean Lumb Public SchoolPublic · Elementary & Secondary · Toronto DSB0.7 km
Contact Alternative School SchoolPublic · Secondary · Toronto DSB0.9 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Peter StreetNearest transit · Streetcar~100 m
University / King Southwest corner (on King)Nearest subway · Subway~600 m
Toronto Union StationNearest GO / rail · GO / regional rail~930 m

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto

$849KMedian sold

32Median days on market

98.6%Sale-to-list

Median sold price · Toronto1-yr 0% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Toronto

2,794,356Population (2021)

39.6Median age

$84,000Median household income

51.9%Home owners

48.1%Renters

2.4Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.