Home · Buy · Toronto C01 · 55 Mercer Street 2205, Toronto, ON M5V 0W4
For Sale · Common Element Condo
55 Mercer Street 2205, Toronto, ON M5V 0W4
Toronto C01 · Waterfront Communities C1
New listingApartmentNorth West exposure
1
Beds
1
Baths
0
Parking
0-499
Sq ft
New yrs
Built
The honest picture
List price
$639,000
▲ 11% above benchmark
Where this price sits vs the typical condo apt home in Waterfront Communities C1.
Benchmark $574,000
Typical low · $546,000Typical high · $603,000
The benchmark is the typical price for condo apt homes in Waterfront Communities C1 (TRREB HPI, June 2026), a market reference — not this home's exact value.
About this home
Welcome to 55 Mercer Street - a sleek and modern one-bedroom suite with Balcony in the heart of downtown Toronto. Featuring contemporary finishes and a functional layout, this unit offers an ideal blend of comfort, style, and convenience.Enjoy exceptional walkability with TTC access, shops, theatres, restaurants, cafés, entertainment, and everyday essentials just steps from your door.Residents have access to an impressive selection of building amenities, including a fitness centre, party room, 24-hour concierge, rooftop terrace, and guest suites.An excellent opportunity for end users seeking a convenient downtown lifestyle or investors looking for a highly desirable and easy-to-rent location.
Property details
Listed on
July 27, 2026
Days on market
1 day
Property tax
$2,873 (2026)
Style
Apartment
Heating
Forced Air
Cooling
Central Air
MLS®
C13610516
Full details
Parking
GarageNone
Parking featuresNone
Room dimensions
Room
Level
Dimensions
Features
Living Room
Flat
2.87 × 6.2
Combined w/Kitchen, Large Window
Kitchen
Flat
2.87 × 6.2
Combined w/Living, Large Window
Primary Bedroom
Flat
3.51 × 2.79
Large Window, Closet
Property & sold history
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See this home's sale & listing history
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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).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$9,255
Toronto municipal LTT$9,255
Legal · title · inspection$2,800
Closing costs$21,310
Down payment$38,900
Total cash to close$60,210
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.
