For sale

This one's priced above recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Waterfront Communities C1

55 Mercer Street, Unit 4805

Condo Apartment

MLS® #C14085726

Listed for$499,0001 day on market

1 bed 1 bath 0 parking 0-499 sq ft~$2,000/sq ft

New this week
6 schools within 1 km
Streetcar ~100 m

Free · about 10 seconds

Is $499,000 a fair price?

Our read: it’s priced above recent comparable sales — based on 6 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.

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Measured against 6 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$2,952/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

6 schools within ~1 km · nearest streetcar ~0.1 km

Property information

What condo buyers ask first

Maintenance fee: $377 / month
Square footage: 0-499 sq ft
Parking: 0 spaces · None
Locker: None
Exposure: North West
Balcony: Open
Property tax: $3,039 / yr
Building: 48-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: Apartment
Parking: 0 spaces · None
Heating: Fan Coil
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Concrete
Property tax: $3,039 / yr
MLS®: C14085726

Room dimensions

Bedroomlaminate, closet, window floor to ceiling

Main0.0 × 0.0 m

Dining Roomlaminate, combined w/living

Main0.0 × 0.0 m

Kitchenlaminate, modern kitchen, w/o to balcony

Main0.0 × 0.0 m

Living Roomlaminate, window floor to ceiling, nw view

Flat0.0 × 0.0 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$549,900

Below recent sales

388 Richmond Street W, Unit 519

2 bed · 2 bath·1000-1199 sq ft·1 parking·$1,007/mo fee

Toronto

Listed 2 days ago · Nest Seekers International Real Estate

Condo Apartment

$319,000

Below recent sales

10 Willison Square, Unit 202

— bed · 1 bath·0-499 sq ft·$545/mo fee

Toronto

Listed 2 days ago · Union Capital Realty

Condo Apartment

$449,900

Below recent sales

140 Bathurst Street, Unit #505

1+1 bed · 1 bath·600-699 sq ft·1 parking·$764/mo fee

Toronto

Listed 1 day ago · RE/MAX Urban Toronto Team Realty Inc.

Condo Apartment

$439,000

In line with recent sales

87 Peter Street, Unit 2103

1 bed · 1 bath·500-599 sq ft·$419/mo fee

Toronto

Listed 2 days ago · Keller Williams Referred Urban Realty

Condo Apartment

$939,000

In line with recent sales

33 University Avenue, Unit 2404

2+1 bed · 2 bath·1200-1399 sq ft·1 parking·$1,163/mo fee

Toronto

Listed 1 day ago · RE/MAX Realtron Realty Inc.

Condo Apartment

$499,800

Above recent sales

108 Peter Street, Unit 1113

1 bed · 1 bath·0-499 sq ft·$311/mo fee

Toronto

Listed 2 days ago · RE/MAX Premier Inc.

The numbers that matter

Maintenance fee: $377/mo
Property tax: $3,039/yr
Est. all-in: ~$2,952/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

ALPHA Alternative Junior SchoolPublic · Elementary · Toronto DSB0.5 km
Oasis Alternative Secondary SchoolPublic · Secondary · Toronto DSB0.5 km
Ogden Junior Public SchoolPublic · Elementary · Toronto DSB0.6 km
Bishop Macdonell Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.7 km
Jean Lumb Public SchoolPublic · Elementary & Secondary · Toronto DSB0.7 km
Contact Alternative School SchoolPublic · Secondary · Toronto DSB0.9 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Peter StreetNearest transit · Streetcar~100 m
University / King Southwest corner (on King)Nearest subway · Subway~600 m
Toronto Union StationNearest GO / rail · GO / regional rail~930 m

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto

$850KMedian sold

32Median days on market

98.6%Sale-to-list

Median sold price · Toronto1-yr 0% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Toronto

2,794,356Population (2021)

39.6Median age

$84,000Median household income

51.9%Home owners

48.1%Renters

2.4Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Luxury awaits on the 48th floor of 55 Mercer! This premium 1-bedroom corner suite offers an exceptionally bright, highly efficient layout with zero wasted space. Wrap-yourself in stunning panoramic views through soaring floor-to-ceiling windows that flood the home with natural light. The modern kitchen features seamless built-in appliances, quartz counters, and sleek cabinetry. Enjoy a grand FENDI-furnished lobby and over 18,000 sq ft of elite 6-star amenities:a multi-floor fitness centre with Peloton pods, infrared saunas, a dedicated co-working space with private boardrooms, a half-court outdoor basketball court, a dog run, and 24hr concierge.Unbeatable location in the heart of the Entertainment District-steps to the PATH, St.Andrew/Union stations, King West dining, Rogers Centre, and TIFF Lightbox. Perfect for young professionals or savvy investors looking for a high-demand turn-key asset!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by ROYAL LEPAGE SIGNATURE REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.