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Condo ApartmentListed 63 days ago

$520,000

55 Mercer Street 322, Toronto, ON M5V 0W4

Waterfront Communities C1 · Toronto · M5V 0W4

Listing brokerage: CENTURY 21 ATRIA REALTY INC.

Beds
1 + Den
Baths
2
Sq ft
500–599
Parking
0

Monthly costs

Maintenance

$464/mo

$0.84 per sq ft

Property taxes

$159/mo

$1,907 a year (2025)

About $622 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Common Elements
  • Covered: Building Insurance
  • Not covered: Heat
  • Not covered: Hydro
  • Not covered: Water
  • Not covered: Air conditioning

Bills not covered are paid by the owner.

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

Exposure
South
Parking
None
Locker
None
Balcony
None
Laundry
Ensuite
Age
0-5 years
Possession
30/TBA

The building

N⁰55 Mercer Condos

99 Blue Jays Way · King West

  • 5 for sale
  • 7 for rent
  • 47 floors

About this home

Welcome to Urban Living and Sophistication Redefined at 55 Mercer. This Spacious, Brand New, Never Lived In 1+1 Unit with 2 Baths Is The Perfect Place To Call Home In The Heart Of The City. Featuring South Views, 9' Ceilings, Integrated Appliances, Concierge Desk in Lobby, Gym, Roof Top Garden, Party Room and More! Located Minutes Away From Toronto Harbourfront, Rogers Centre, CN Towner, Union Station, St. Andrew TTC Station, and Plenty of Shopping, Restaurants and Cafes. PARKING and LOCKER available for purchase upon request. Sold withfull TARION Warranty. Net of HST for End users - HST Rebate is included in the purchaseprice. Investor purchasers - $24,000 HST is still applicable.

All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1 + Den
Bathrooms
2
Kitchens
1
Rooms
4
Size
500-599 sq ft

Building & Amenities

Floor
3
Property management
360 Community Management

Amenities

  • Bus Ctr (WiFi Bldg)
  • Concierge
  • Gym
  • Party Room/Meeting Room
  • Rooftop Deck/Garden
  • Elevator

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
0

Exterior & Lot

Style
Apartment
Exterior
Concrete
View
Downtown

Taxes & Fees

HST
Included In

Listing

MLS® number
C13668376
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Waterfront Communities C1
Cross streets
Blue Jays Way and Mercer St
Co-listing brokerage
CENTURY 21 ATRIA REALTY INC.
Rooms · 6Living Room, Kitchen, Primary Bedroom, Den, Washroom ×2
  • Living Room

    Flat

    3.18 × 5.97 m · 10′5″ × 19′7″

    Combined w/Kitchen

  • Kitchen

    Flat

    3.18 × 5.97 m · 10′5″ × 19′7″

    Combined w/Living

  • Primary Bedroom

    Flat

    3.02 × 3.18 m · 9′11″ × 10′5″

    4 Pc Ensuite

  • Den

    Flat

    2.90 × 2.03 m · 9′6″ × 6′8″

  • 3-piece washroom

    Flat

  • 4-piece washroom

    Flat

History

Past listings and sales for this home and building.

Location

55 Mercer Street 322, Toronto, ON M5V 0W4 · Near Blue Jays Way and Mercer St

Monthly cost

Estimated monthly cost

$2,925/mo

Mortgage
$2,302
Property tax
$159
Maintenance
$464
Down payment$104,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$119,963

$104,000 down + $15,963 to $17,213 in closing costs

Ontario land transfer tax
$6,875
Toronto land transfer tax
$6,875
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$94
Condo fee adjustment
$269

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.

$520,000

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