+ 16 photosFor Sale · Condo Apartment
55 Mercer Street 601, Toronto, ON M5V 3W2
Toronto C01 · Waterfront Communities C1
1 + 1
Beds
2
Baths
0
Parking
500-599
Sq ft
0-5 yrs
Built
The honest picture
Listed 1% above the Waterfront Communities C1 benchmark for condo apt homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Enjoy refined downtown living at 55 Mercer with this well-designed 1+den, 2 full bathroom suite. The layout is both practical and versatile, featuring a primary bedroom with a 3-piece ensuite and a separate den that can easily function as a second bedroom or home office.Residents have access to an impressive selection of amenities, including a private dining space, screening room, BBQ terrace, sauna, and a fully equipped fitness centre.Located in the heart of the city, this is a fantastic opportunity to experience modern condo living with comfort, convenience, and style.
Property details
Listed on
April 22, 2026
Days on market
93 days
Property tax
$3,295.36 (2025)
Style
Apartment
Heating
Forced Air
Cooling
Central Air
MLS®
C13028614
Full details
Parking
GarageNone
Parking featuresNone
Property & sold history
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.7%
$
Down:or type any amount above
This price requires at least 5.7% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$8,055
Toronto municipal LTT$8,055
Legal · title · inspection$2,800
Closing costs$18,910
Down payment$32,900
Total cash to close$51,810
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
