Home · Buy · Toronto C01 · 55 Mercer Street 1611, Toronto, ON M5V 3W2

For Sale · Common Element Condo

55 Mercer Street 1611, Toronto, ON M5V 3W2

Toronto C01 · Bay Street Corridor

ApartmentUnderground garageSouth East exposure

Beds

Baths

Parking

700-799

Sq ft

0-5 yrs

Built

The honest picture

List price

$649,000

Renavu Estimate

—

Benchmark · Condo Apt

$584,900

Listed 11% above the Bay Street Corridor benchmark for condo apt homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.

About this home

Experience luxury downtown living in this corner condominium featuring 2 spacious bedrooms and 2 full 4 piece bathrooms. This bright and modern suite offers floor to ceiling windows, soaring 9 foot ceilings, a stylish kitchen with stone countertops, and premium built in appliances.Residents are welcomed by an elegant lobby designed by FENDI and enjoy access to over 18,000 square feet of exceptional indoor and outdoor amenities. Stay active with a fully equipped 24 hour fitness centre featuring Peloton bikes, dedicated strength and cardio areas, private Peloton pods, a cross training zone, yoga studio, sauna, outdoor fitness space, and basketball court. Relax and entertain with BBQ areas, fire pits, beautifully landscaped outdoor spaces, and a designated dog run.Located in the heart of Toronto's vibrant Entertainment District, this residence is just steps from the CN Tower, Rogers Centre, Financial District, world class dining, shopping, theatres, and convenient public transit. Enjoy outstanding walk and transit scores, making it easy to experience everything the city has to offer.One locker is included. Additional building features include 24 hour concierge service, automated parcel lockers, and modern co working and private meeting spaces, offering the perfect blend of luxury, comfort, and convenience.

Property details

Listed on

July 11, 2026

Days on market

14 days

Property tax

$4,630 (2025)

Style

Apartment

Heating

Forced Air

Cooling

Central Air

MLS®

C13552166

Full details

Parking

GarageUnderground

Total parking1

Room dimensions

Room	Level	Dimensions	Features
Living Room	Flat	8.63 × 3.05	Combined w/Dining, Laminate, Large Window
Dining Room	Flat	8.63 × 3.05	Combined w/Living, Laminate, Large Window
Kitchen	Flat	8.63 × 3.05	Open Concept, B/I Appliances, Backsplash
Primary Bedroom	Flat	3.3 × 3.43	4 Pc Ensuite, Laminate, Mirrored Closet
Bedroom 2	Flat	3.3 × 3.28	Large Window, Laminate, Mirrored Closet

Property & sold history

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See this home's sale & listing history

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Run the numbers

True cost to close

What you actually need in cash — land transfer tax, closing costs, and your down payment.

Purchase price

Down payment · 6.1%

Down:or type any amount above

This price requires at least 6.1% down (5% on the first $500K, 10% above).

Property is in the City of TorontoFirst-time buyer

Legal fees

Title insurance

Home inspection

Ontario land transfer tax$9,455

Toronto municipal LTT$9,455

Legal · title · inspection$2,800

Closing costs$21,710

Down payment$39,900

Total cash to close$61,610

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.