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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 55 Mercer Street
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  • For SaleAdded in Nov 2025
  • Condo Apt

319 - 55 Mercer Street

Toronto, Waterfront Communities C1
  • 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
  • Share
Listed for: $512,000
Estimated Price: $ 530,128
3.54%
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Key Facts About 319 - 55 Mercer Street, Toronto

  • Tax$2,754 / 2025
  • Property TypeCondo
  • Building TypeCondo Apt
  • Building StyleApartment
  • Maintenance Fees$438.12
  • Size500 - 599 feet²
  • Listing #C12567008
  • Data SourcePROPTX
  • Days on Market207
  • Listed On21/11/2025
  • Updated On26/01/2026
  • Market Demand
    the canadian homethe canadian home

Description

Where else would you want to be? 55 Mercer within the Entertainment District, Located at BlueJays Way and Mercer! 515 Sqft of open concept living. Gorgeous Kitchen with Built-In appliances, Undermount Lighting and Laminate Flooring. Spacious Primary Bedroom, with Sliding Privacy glass. Enjoy Access To 3 Floors Of State-Of-The-Art Fitness Facilities, Co-Working Spaces, Rooftop Garden, and Party Room. Steps Away From TIFF, Rogers Centre, And CN Tower, Nobu, Along With World-Class Shopping, Restaurants, And Cafes.

Property Details of 319 - 55 Mercer Street, Toronto

Property

  • Property TypeCondo Apt
  • StyleApartment
  • CommunityWaterfront Communities C1
  • MunicipalityToronto

Inside

  • Bedrooms1
  • Bathrooms1
  • Kitchen1
  • Rooms2
  • Family RoomsN
  • Central VacN
  • FireplaceN

Utilities

  • CoolingCentral Air
  • Heating TypeFan Coil
  • Heating FuelElectric

Building

  • Size500 - 599 feet²
  • Architecture StyleApartment
  • Exterior FeatureConcrete
  • AmenitiesConcierge, Visitor Parking, Exercise Room, Party Room/Meetin...View More

Parking

  • Garage0
  • Total Parking Places0

Land

  • Cross StreetBlue Jays Way and Mercer

Our Estimate

See Real Estate Market Trends in Toronto

Estimated Home Value

$ 530,128

Date of Estimation

19-May-2026

Estimated Rent

$ 2,303

Rental Yield

4.72%

School Score

7.4/10

Rental Score

4.5/5

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Rooms

Primary Bedroom (3.14X2.99 metre)
Level: Main
Kitchen (4.72X2.99 metre)
Level: Main
Dining Room (4.72X2.99 metre)
Level: Main

Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,007

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $438
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

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About 319 - 55 Mercer Street, Toronto

Welcome to your new home at 55 Mercer Street, Toronto, where urban living meets modern convenience in the heart of the vibrant Entertainment District. This delightful apartment for sale in Toronto offers an exceptional opportunity for those seeking a stylish and comfortable living space, perfectly situated at the crossroads of Blue Jays Way and Mercer.

Spanning a generous 515 square feet, this condo apartment is designed with an open concept layout that maximises space and light, creating an inviting atmosphere. The main kitchen is a standout feature, equipped with built-in appliances that make cooking a pleasure. The undermount lighting adds a touch of elegance, while the laminate flooring throughout the living area ensures easy maintenance and a contemporary feel.

The apartment boasts a spacious primary bedroom, thoughtfully designed with sliding privacy glass to enhance your comfort and tranquillity. It’s a perfect retreat after a busy day exploring the bustling streets of Toronto. The apartment for sale in Toronto is unfurnished, allowing you the freedom to personalise the space to reflect your unique style and preferences.

As part of the community at 55 Mercer Street, you will have access to an impressive array of amenities that cater to a modern lifestyle. Enjoy three floors of state-of-the-art fitness facilities, perfect for keeping fit without having to venture far from home. Additionally, the co-working spaces provide an ideal environment for those who work remotely or require a quiet place to focus. The rooftop garden offers a serene escape from the city buzz, while the party room is perfect for entertaining friends and family.

While this apartment for sale in Toronto does not feature a pool or a fireplace, it compensates with its prime location and the wealth of experiences available right on your doorstep. The building is equipped with central air conditioning, ensuring your comfort throughout the year, and high-speed internet access is readily available for your convenience.

Living at 55 Mercer Street, Toronto, places you just steps away from some of the city’s most iconic attractions. The Toronto International Film Festival (TIFF) is just a short stroll away, along with the renowned Rogers Centre and the CN Tower. Whether you’re in the mood for world-class shopping, exquisite dining, or charming cafes, everything you need is within easy reach.

This apartment for sale in Toronto is perfect for singles or couples looking to immerse themselves in the vibrant lifestyle that the Waterfront Communities C1 area has to offer. With no additional land, garage space, or parking available, this property is ideal for those who prefer to explore the city on foot or utilise public transport.

In summary, 55 Mercer Street, Toronto, presents a unique opportunity to own a modern condo apartment in one of the city’s most sought-after locations. With its stunning kitchen, spacious bedroom, and access to top-notch amenities, this apartment for sale in Toronto is not to be missed. Embrace the urban lifestyle and make this charming space your new home.

Don’t hesitate to arrange a viewing and experience all that this fantastic apartment has to offer. The vibrant community surrounding 55 Mercer Street, Toronto, awaits you, ready to welcome you to a lifestyle of convenience, culture, and excitement. This is more than just a place to live; it’s a gateway to the best of what Toronto has to offer.

Waterfront Communities C1 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This community is characterised by its stunning waterfront parks, modern condominiums, and a lively promenade that invites leisurely strolls and outdoor activities. With a plethora of dining, shopping, and cultural experiences at your doorstep, residents enjoy a cosmopolitan lifestyle while being just moments away from the serene lakeside. The area is well-connected by public transport, making it easy to explore the rest of the city, while its picturesque views and recreational opportunities provide a refreshing escape from the hustle and bustle of urban life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, providing excellent options for families. Within a short distance, you'll find Jean Lumb Public School, just 0.7 km away, offering grades JK to 8 under the Toronto District School Board. For older students, Kapapamahchakwew - Wandering Spirit School is 1.2 km away, serving grades 9 to 12. Additionally, Ryerson Community School, located 1.1 km from the property, provides a French-language curriculum for grades JK to 8 and boasts a school rating of 3.8. For those seeking a Catholic education, St. Mary Catholic School is only 1.0 km away, catering to grades JK to 8 with a commendable rating of 5.7. St. Joseph's College School, situated 2.1 km from the property, offers a strong Catholic education for grades 9 to 12 and has an impressive rating of 7.6. Overall, this area is well-served by a variety of schools, ensuring quality educational opportunities for children of all ages.

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 reveals a youthful community, with an average age of 33 years. The average household income stands at $108,700, although 17.8% of the population lives in low-income conditions. The real estate market reflects a high average property price of $874,000, with 100% of the housing stock consisting of condominiums. The community is predominantly single, with 59.68% of residents identifying as such, and 21.19% of households include children. Notably, 40.93% of the population comprises immigrants, contributing to the area's cultural diversity. A significant portion of the population, 69.6%, are renters, indicating a strong rental market. Education levels are high, with 88.42% of residents holding a college or university degree. Additionally, 15.34% of the population is not participating in the labor force, suggesting a mix of employment statuses within the community. Overall, this area presents a vibrant and diverse demographic landscape, characterized by a young, educated population with a significant proportion of renters and immigrants.

FAQs About 319 - 55 Mercer Street, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 500 - 599.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 55 Mercer Street?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $438.12.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Fan Coil.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 319 - 55 Mercer Street, Toronto

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