trreb/IMG-C14113248_eeeffa80c9d8922f9bb171ffa5360579586f04f9029cc22fb75bdba2576e679f.jpg

55 Mercer St #509, Toronto, Ontario M5V 0W4

In the same building:
-
Condo
3
2
~1000-1199 sqft
$999,900
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Condo
3
2
~1000-1199 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$916/sqft

Monthly cost

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Description

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!


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC14113248
Community NameEntertainment District
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Forced Air
Cooling: Central Air

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Date unavailable
ListedActive
$999,900
< 1h on market
history photo preview32
Listing by trreb®
Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage
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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2025

40 days

2024

40 days

2023

25 days

New Listings

Past 30 days

169 listings

Compared to

2025

257 listings

2024

301 listings

2023

258 listings

Units sold

Past 30 days

25 units

Compared to

2025

74 units

2024

65 units

2023

53 units

Median Sold Price

Past 30 days

$631,000

Compared to

2025

$598,500

2024

$670,000

2023

$770,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

0 to 19
7%
20 to 34
57%
35 to 49
22%
50 to 64
9%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget