3001 - 55 Mercer Street

Introducing an exceptional opportunity to acquire an apartment for sale in Toronto , specifically at the prestigious address of 55 Mercer Street, Toronto. This south-facing condo is situated in the heart of Downtown Toronto, offering residents breathtaking views of the iconic CN Tower and the Skydome. This stunning property is part of a newly constructed luxurious building, completed in 2024, and is located on the 30th floor, providing an unparalleled perspective of the vibrant cityscape below.

This apartment for sale in Toronto boasts a contemporary design that is both stylish and functional. With a total of five rooms, including one spacious bedroom and a den, this unit is perfect for professionals or couples seeking a modern living space. The den can easily be transformed into a home office or an additional guest room, providing flexibility to suit your lifestyle. The apartment features one well-appointed three-piece washroom, ensuring convenience for residents and guests alike.

As you step inside this brand-new condo unit, you will be greeted by elegant laminate flooring that flows throughout the space, enhancing the modern aesthetic. The large windows allow for an abundance of natural light, creating a warm and inviting atmosphere. The impressive nine-foot ceilings add to the sense of spaciousness, making this apartment for sale in Toronto a truly desirable home.

The heart of this condo is undoubtedly the modern kitchen, which is equipped with quartz countertops and built-in appliances, perfect for those who enjoy cooking and entertaining. The layout is designed for both functionality and style, making it a pleasure to prepare meals in this space. Additionally, the apartment comes unfurnished, allowing you the freedom to personalise it to your taste.

One of the standout features of this property is the grand lobby, furnished by FENDI, which sets the tone for the luxurious living experience that awaits. Residents will have access to an impressive 18,000 square feet of indoor and outdoor amenities, designed to enhance your lifestyle. These amenities include an outdoor fitness area, a basketball court, BBQs, fire pits, and even a designated dog walking area, catering to the needs of all residents.

For fitness enthusiasts, the 24-hour indoor fitness centre is equipped with Peloton bikes, ensuring that you can maintain an active lifestyle without having to leave the building. Valet parking is also available, adding an extra layer of convenience for residents who own a vehicle. This apartment for sale in Toronto comes with one underground garage space, ensuring that parking is never a concern.

Situated in the vibrant Entertainment District, 55 Mercer Street, Toronto, is just steps away from Union Station, the Financial District, and the scenic waterfront. This prime location allows residents to immerse themselves in the rich culture and excitement that Toronto has to offer. Whether you’re looking to enjoy a night out, dine at exquisite restaurants, or explore the city’s many attractions, everything is within easy reach.

It is important to note that this condo does not feature a pool or a fireplace, nor does it have a central vacuum system. However, the absence of these features does not detract from the overall appeal of this stunning apartment for sale in Toronto. The building is new, and the modern amenities and prime location more than compensate for these omissions.

In summary, this apartment for sale in Toronto at 55 Mercer Street, Toronto, presents an incredible opportunity for those seeking a luxurious urban lifestyle. With its contemporary design, exceptional amenities, and prime location, this property is not to be missed. Don’t hesitate to seize the chance to make this remarkable condo your new home.

Waterfront Communities C1 is a vibrant and dynamic area nestled along the northern shores of Lake Ontario in Toronto. This picturesque locale boasts a stunning blend of modern high-rise condominiums, charming parks, and scenic waterfront promenades, making it an ideal setting for those who appreciate urban living with a touch of nature. Residents enjoy easy access to a plethora of amenities, including trendy restaurants, art galleries, and cultural attractions, all within walking distance. The community is well-connected by public transport, ensuring that the bustling heart of Toronto is just a short journey away. With its stunning views, lively atmosphere, and a commitment to sustainable living, Waterfront Communities C1 offers an unparalleled lifestyle for those seeking both relaxation and excitement in the city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of grade levels and educational preferences. Within a short distance of 0.7 km, Jean Lumb Public School offers education from Junior Kindergarten to Grade 8 under the Toronto District School Board. For older students, Kapapamahchakwew - Wandering Spirit School, located 1.2 km away, provides education from Grade 9 to 12, also under the Toronto District School Board. Ryerson Community School, just 1.1 km from the property, offers a French-language curriculum for grades JK to 8 and boasts a respectable school rating of 3.8. For those seeking a Catholic education, St. Mary Catholic School is only 1.0 km away and serves grades JK to 8, with a solid rating of 5.7. Additionally, St. Joseph's College School, located 2.1 km away, caters to high school students with a strong rating of 7.6. This diverse selection of schools, both public and Catholic, ensures that families have access to quality education options in close proximity to their new home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,878 residents, with an average household size of 1.6 individuals. The demographic profile indicates a youthful community, with an average age of 33 years. The average household income stands at $108,700, though 17.8% of the population is classified as low-income. The real estate market reflects a high average property price of $874,000, and a significant portion of the population, 69.6%, are renters, with all housing being in the form of condominiums. The community is predominantly single, comprising 59.68% of the population, and 21.19% of households include children. A notable 40.93% of residents are immigrants, contributing to the area's cultural diversity. Additionally, a high level of education is evident, with 88.42% of the population holding a college or university degree. However, 15.34% of residents are not in the labor force, indicating some economic challenges. Overall, this area presents a vibrant, educated, and diverse community, with a mix of renters and homeowners, making it an appealing location for potential buyers or investors.