605 - 55 Mercer Street

Welcome to the stunning condo for sale in Toronto , located at 55 Mercer Street, Toronto. This brand new residence is situated in the vibrant heart of the entertainment district, offering an exceptional living experience in one of the city’s most sought-after areas. The property boasts a contemporary design, characterised by its sleek concrete exterior and modern finishes, making it a perfect choice for those looking for a stylish urban lifestyle.

This impressive condo apartment features three spacious bedrooms and two well-appointed bathrooms, ideal for families or professionals seeking ample space. The unit is unfurnished, allowing you the flexibility to personalise the space to your own taste. With a total of six rooms, including a flat kitchen that is equipped with built-in appliances, you will find everything you need for comfortable living. The kitchen seamlessly flows into the living area, creating an inviting atmosphere for both relaxation and entertaining.

The central air conditioning ensures that the condo remains cool and comfortable throughout the warmer months, while the forced air heating system provides warmth during the colder seasons. Although this condo for sale in Toronto does not include a fireplace, the modern design and large windows in every room allow for plenty of natural light, creating a bright and airy environment.

One of the standout features of this property is the underground garage space, which provides secure parking for one vehicle. This is a valuable asset in the bustling city of Toronto, where parking can often be a challenge. Additionally, the condo includes one parking space, making it convenient for residents and guests alike.

Residents of 55 Mercer Street, Toronto, will enjoy a range of luxurious amenities that enhance the living experience. The building features a lavish lobby designed by Fendi, creating a grand entrance that impresses visitors. A 24-hour concierge service is available, ensuring that residents’ needs are met at any time of day. For those who enjoy entertaining, there is a private dining room and an outdoor lounge complete with a BBQ and fire pit, perfect for social gatherings or relaxing evenings under the stars.

Fitness enthusiasts will appreciate the fantastic fitness centre, which includes private Peloton pods, cross-training and cardio zones, and a yoga studio. After a workout, residents can unwind in the sauna or enjoy a game on the outdoor basketball court. The building also offers a dog walk area, catering to pet owners in the community.

Living at 55 Mercer Street, Toronto, places you within walking distance of the city’s finest entertainment and dining experiences. Just steps away, you will find iconic landmarks such as the CN Tower and Rogers Centre, as well as the Tiff Lightbox, making it easy to immerse yourself in the vibrant culture of Toronto. The Financial District, PATH, and a plethora of shops and restaurants are also within close proximity, providing everything you need right at your doorstep.

This condo for sale in Toronto is a remarkable opportunity for those seeking a modern, convenient lifestyle in a prime location. With its impressive features, luxurious amenities, and proximity to the best that Toronto has to offer, this property is not to be missed. Whether you are a first-time buyer or looking to invest in a rental property, 55 Mercer Street, Toronto, offers an unparalleled living experience in the heart of the city. Don’t miss your chance to make this stunning condo your new home.

Waterfront Communities C1 is a vibrant and dynamic area located along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This waterfront enclave is characterised by its modern high-rise condominiums, scenic parks, and a lively promenade that invites residents to enjoy leisurely strolls with stunning views of the lake and city skyline. The neighbourhood boasts a rich array of amenities, including trendy restaurants, boutique shops, and cultural attractions, all within easy reach. With excellent public transport links and a strong sense of community spirit, Waterfront Communities C1 presents an ideal setting for those seeking a lively yet serene urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, providing excellent options for families. Within a short distance, you will find Jean Lumb Public School (0.7 km), offering grades JK to 8, and Ryerson Community School (1.1 km), which teaches in French and serves grades JK to 8, boasting a solid school rating of 3.8. For older students, Kapapamahchakwew - Wandering Spirit School (1.2 km) caters to grades 9 to 12, while St. Joseph's College School (2.1 km) offers a Catholic education for grades 9 to 12, with an impressive rating of 7.6. Additionally, St. Mary Catholic School (1.0 km) provides elementary education (JK to 8) in both English and French, rated at 5.7. The proximity to these schools not only enhances the appeal of the property but also ensures that quality education is easily accessible for children of various age groups. Overall, this area is well-equipped with diverse educational opportunities, making it an ideal choice for families prioritizing schooling options.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant and diverse community. As of 2021, the population stands at 3,878, with an average household size of 1.6 individuals. The average age is 33 years, indicating a relatively young demographic. The area boasts a robust average household income of $108,700, although 17.8% of residents fall into the low-income category. The real estate market reflects a high average property price of $874,000, with 100% of the housing stock consisting of condominiums. A significant portion of the population, 69.6%, are renters, and 59.68% of residents are single. Families with children make up 21.19% of households, while a notable 40.93% of the population are immigrants, contributing to the area's cultural diversity. Education levels are impressive, with 88.42% of residents holding college or university degrees. Additionally, 15.34% of the population is not in the labor force, highlighting a mix of employment statuses within the community. Overall, this area presents a dynamic environment characterized by a blend of young professionals, diverse backgrounds, and a strong emphasis on education.