$499,900 - 55 mercer Street Unit 4910, Downtown Toronto
Condo for Sale in Downtown Toronto
89 days on marketNeighbourhood: Waterfront Communities C1
- MLS Number
- C12978294
- Property Type
- Condo
- Status
- active
- Days on Site
- 89
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- Juliette
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
High-Floor 1-Bedroom Suite On The 49th Level At 55 Mercer Offering Stunning City Views With CN Tower View From The Bedroom. Floor-To-Ceiling Windows Provide Plenty Of Natural Light.This Highly Functional Layout Maximizes Every Square Foot With A Thoughtfully Designed Open-Concept Living And Dining Area, A Contemporary Kitchen With Built-In Appliances And Sleek Finishes, And Seamless Access To A Private Balcony. The Well-Proportioned Bedroom Offers A Rare CN Tower View, Adding Both Lifestyle Appeal And Investment Value. One Of Downtown Toronto's Newest Luxury Residences, Ideally Located Steps To King West, The Financial District, Rogers Centre, CN Tower, And The City's Best Restaurants, Shopping, And Entertainment. Residents Enjoy World-Class Amenities Across Three Levels, Including A State-Of-The-Art Fitness Centre, Co-Working Spaces, Outdoor Terraces, Basketball Court, BBQ Areas, And 24-Hour Concierge. A Rare Opportunity To Own A High-Floor Unit With Iconic CN Tower Views In One Of Downtown Toronto's Most Vibrant And Convenient Locations.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
55 mercer Street Unit 4910, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Negotiation Opportunity
At 89 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.