Condo Apartment

$479,900

55 Mercer Street 2807, Toronto, ON M5V 1H3

Waterfront Communities C1 · Toronto · M5V 1H3

Listing brokerage: RE/MAX REALTRON REAL REALTY TEAM

Beds
1
Baths
1
Sq ft
0–499
Parking
0

Monthly costs

Maintenance

$397/mo

For investors: Likely not rent controlled: no cap on the yearly increase for units first lived in after Nov 15, 2018. Ontario rules

The unit

Parking
None
Balcony
-

The building

N⁰55 Mercer Condos

Waterfront Communities C1

  • 5 for sale
  • 7 for rent

About this home

Experience Downtown Living At Its Finest In This Stylish 1-Bedroom Suite At 55 Mercer! Featuring Large Windows, A Bright Open-Concept Layout And Sleek Built-In Stainless Steel Appliances. Enjoy An Impressive Collection Of Amenities Including 24-Hour Concierge, State-Of-The-Art Fitness Centre With Peloton Pods, Yoga Studio, Sauna, Outdoor Basketball Court, Private Dining Room, Guest Suites, Party Room And Outdoor Lounge With BBQs And Firepit. Ideally Located In The Heart Of Toronto's Entertainment District, Steps To King Street Transit, Restaurants, Cafes, Theatres, TIFE Bell Lightbox, Rogers Centre, CN Tower, The financial District And PATH

All details6 more from the listing · Interior, Listing

Interior

Bedrooms
1
Bathrooms
1
Size
0-499 sq ft

Listing

MLS® number
C13673596
Type
Condo Apartment
Neighbourhood
Waterfront Communities C1

History

Past listings and sales for this home and building.

Location

55 Mercer Street 2807, Toronto, ON M5V 1H3

Monthly cost

Estimated monthly cost

$2,522/mo

Mortgage
$2,125
Maintenance
$397
Down payment$95,980 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Property tax not included. Speak with a lender for an exact figure.

Cash to close

Cash to close

$110,207

$95,980 down + $14,227 to $15,477 in closing costs

Ontario land transfer tax
$6,073
Toronto land transfer tax
$6,073
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Condo fee adjustment
$231

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

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The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$479,900

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