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1202 - 55 Mercer Street

1202 - 55 Mercer Street

Toronto C01, ON

  • 3 bed
  • 2 bath
  • approx. 800-899 sqft
  • Condo Apartment
  • 92 days on market
$888,000Price reduced 15%

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. Floor-to-ceiling windows flood the home with natural light while showcasing spectacular city views from every room. located steps from King West, the Financial District, Rogers Centre, and the city's best restaurants, shopping, and entertainment. Residents enjoy world-class amenities across three levels, including a state-of-the-art fitness centre with Peloton pods and HIIT training zones, yoga studio, infrared cedar saunas, co-working spaces, boardrooms, landscaped outdoor terraces, basketball half-court, BBQ areas and a dog run. Parking and locker included. A rare opportunity to own a high-floor corner residence with iconic skyline views in the heart of downtown Toronto. One Parking and One Locker included

Listing Details

Originally Listed
$1,048,000
Listed
June 6, 2026

Price History

Listing history

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Property

Style
Apartment
Age
0-5
Construction
Brick
Interior
Other

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
King St West/ Blue Jays Way
Parcel Number
770160106
Possession
Flexible
Occupancy
Tenant

Condo

Maintenance Fee
$761/month
Fee Includes
Building Insurance Included, Parking Included, Cable TV Included
Pets
Yes-with Restrictions
Locker
Owned
Balcony
Open
Amenities
Community BBQ, Exercise Room, Gym, Media Room, Sauna, Bike Storage

Included

Inclusions
One Parking and One Locker included. S/S Fridge, stove with range hood, oven, microwave, washer/dryer.

Schools

Secondary

  • Oasis Alternative Secondary School0.5 km

    Public · Toronto DSB · 80 students

  • Contact Alternative School School0.9 km

    Public · Toronto DSB · 60 students

  • Heydon Park Secondary School1.1 km

    Public · Toronto DSB · 130 students

Elementary

  • ALPHA Alternative Junior School0.6 km

    Public · Toronto DSB · 75 students

  • Ogden Junior Public School0.6 km

    Public · Toronto DSB · 230 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Bishop Macdonell Catholic School0.7 km

    Catholic · Toronto CDSB · 420 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 64% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M5V

Population
59,912
Private dwellings
42,449
Median age
32
Average household size
1.6
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto C01 · last 12 months

Median sold price
$660,000
Homes sold
3,092
Median days on market
26
Sale-to-list price
97.6%

Based on 3,092 recorded sales of residential condo & other properties in Toronto C01 over the last 12 months.

Rooms

4-piece on Main, 4-piece on Main

Main

  • Bathroom
  • Bedroom 2
  • Bedroom 3
  • Kitchen
  • Living Room

Flat

  • Primary Bedroom

Listed by

T-ONE GROUP REALTY INC.,

Walk Score

99

Walk

100

Transit

96

Bike

Scores by Walk Score®

Mortgage Calculator

$177,600

Estimated Monthly Payment

$4,362

Land transfer tax

Estimated land transfer tax$14,235

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,362/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $222/mo

Maint: $761/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions skyline views. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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