Maintenance Fees
55 Mercer Condos vs The King West Area
for rent
7 Days on Strata
- Est Lease Timeframe:
- 31 Days
2901 - 55 Mercer St
$2,500/mth
1 Bed + 1
1 Bath
0 Parking
594 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Now
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- None
- Laundry:
- Ensuite
- Locker:
- None
- Exposure:
- South
Amenities
Guest Suites
Gym
Party Room
About this Listing
This bright and stylish 1-bedroom + Den suite offers unobstructed views of both the CN Tower and Lake Ontario through floor-to-ceiling windows, filling the home with natural light and showcasing Toronto's iconic skyline. The spacious den, enclosed with a sliding glass door, functions perfectly as a second bedroom or private office. Featuring 9 ft ceilings, a sleek contemporary kitchen with quartz countertops, backsplash, and built-in appliances, and thoughtful open-concept living, this suite delivers comfort and upscale urban living in one of Toronto's most vibrant neighbourhoods. Located in the heart of the Entertainment District, you're steps from the CN Tower, Rogers Centre, TIFF Lightbox, Queen West, Chinatown, and the city's best dining and nightlife. Enjoy unbeatable connectivity with a 100 Transit Score, proximity to St. Andrew Station, streetcars, and the Gardiner Expressway. Walking distance to U of T, OCAD, and Toronto Metropolitan University-ideal for both students and working professionals.
ExtrasB/I Fridge, B/I Dishwasher, B/I Stove with Range Hood & Oven, B/I Microwave, Stacked Washer & Dryer, Window coverings.
remax yc realtyMLS® #C12546414
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Not Included
- Air Conditioning
- Included
- Water
- Not Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 9.09 x 27.43ft
- Combined with Kitchen, Laminate, South View
- Kitchen
- 9.09 x 27.43ft
- Combined with Dining, Laminate, Built-in Appliances
- Dining
- 9.09 x 27.43ft
- Combined with Living, Laminate, Open Concept
- Primary
- 9.38 x 11.88ft
- South View, Laminate, Large Window
- Den
- 10.5 x 7.28ft
- Sliding Doors, Laminate
Renter's Market
Balanced
Landlord's Market
Building Spotlight
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
24,225
Average Individual Income
$66,367
Average Household Size
3 persons
Average Age
0
Average Household Income
$109,098
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
36%
Detached
33%
Semi Detached
21%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
9%
Tamil
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
9%
Humanities
6%
Physical Sciences
5%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At 55 Mercer Condos
Days on Strata
Units at 55 Mercer Condos spend an average of
48
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
N/A
Property Value
-1%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 120 condos in the King West area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
202
Units were Rented over the past twelve months
Best Value Rank
55 Mercer Condos offers the best value out of 120 condos in the King West neighbourhood
?
N/A
Appreciation Rank
55 Mercer Condos has the highest ROI out of 120 condos in the King West neighbourhood
?
N/A
Rental Yield
55 Mercer Condos yields the highest rent prices out of 120 condos in the King West neighbourhood
?
N/A
High Demand
55 Mercer Condos is the most popular building out of 120 condos in the King West neighbourhood
?
N/A
Market Insights
Transaction Insights at 55 Mercer Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $430,000 - $445,000 | $540,000 - $573,000 | $713,800 | $830,000 - $900,000 | No Data | No Data | No Data |
| Avg. Cost Per Sqft | $1,213 | $1,337 | $1,117 | $1,218 | No Data | No Data | No Data |
| Price Range | $1,795 - $2,100 | $1,399 - $3,000 | $2,250 - $3,300 | $2,700 - $3,500 | $2,800 - $2,975 | $3,900 - $4,500 | $4,500 - $4,700 |
| Avg. Wait for Unit Availability | 72 Days | 54 Days | 95 Days | 16 Days | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 9 Days | 4 Days | 4 Days | 11 Days | 42 Days | 15 Days | 85 Days |
| Ratio of Units in Building | 15% | 33% | 31% | 11% | 3% | 9% | 1% |
Market Inventory
Total number of units listed and leased in King West
