3311 - 55 Mercer Street

Nestled in the vibrant heart of Toronto, 55 Mercer Street, Toronto, stands as a remarkable example of modern urban living. This stunning apartment for sale in Toronto boasts a prime location that truly embodies the essence of city life. With its south-facing orientation, this two-bedroom, two-bathroom condo apartment offers breathtaking, unobstructed views of iconic landmarks such as the CN Tower, Rogers Centre, and the serene lake. It’s a rare trifecta that very few properties in the core can claim, making this apartment for sale in Toronto a truly unique opportunity.

The building itself is a contemporary marvel, constructed from poured concrete and other high-quality materials, reflecting the modern architectural style that defines the Waterfront Communities C1 area. With an age of just 0-5 years, this apartment is in pristine condition, ready for you to make it your own. As you step inside, you will find a total of five rooms, including a spacious family room that invites relaxation and social gatherings. The unfurnished space allows for a personal touch, enabling you to design your living area to suit your tastes.

The kitchen is thoughtfully designed, featuring one well-appointed kitchen that caters to all your culinary needs. Although there is no additional kitchen or den, the layout is efficient and maximises the available space, ensuring that you have everything you need at your fingertips. The two bathrooms provide convenience and privacy, ideal for a busy lifestyle in the city.

One of the standout features of this apartment for sale in Toronto is the central air conditioning, ensuring a comfortable environment throughout the year. While there is no pool or fireplace, the building compensates with an array of elevated amenities that enhance your living experience. Enjoy the luxury of a hotel-level concierge, a polished fitness centre, and various lounges that provide the perfect backdrop for both work and leisure. The coworking zones and entertainment spaces are designed to foster community and creativity, making this apartment not just a home, but a lifestyle.

Step outside, and you will find yourself immediately connected to the vibrant pulse of Toronto. The PATH system, world-class hospitals, and the Financial District are all within easy reach, as well as the lively areas of King West and the Entertainment District. This prime location means that you are never far from the action, making it an ideal choice for those who thrive in a dynamic urban environment.

Parking is available in the underground garage, although this apartment for sale in Toronto does not include a dedicated parking space. However, the convenience of public transport and the proximity to major transit arteries means that you can easily navigate the city without the need for a vehicle.

As the condo market is currently experiencing a downturn, now is the perfect time to consider this investment. The potential for price momentum to build in the near future makes this apartment for sale in Toronto not just a home, but a strategic move in the heart of the city. Don’t miss your chance to stake your claim at 55 Mercer Street, Toronto, where urban living meets unparalleled convenience and style.

In conclusion, if you are searching for an apartment for sale in Toronto that offers a blend of luxury, location, and lifestyle, look no further than this exceptional property. With its impressive views, modern amenities, and prime location, 55 Mercer Street, Toronto, is not just a place to live; it’s a statement of urban sophistication. Embrace the opportunity to call this stunning condo your new home and experience the best that 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 residents to enjoy leisurely strolls by the water. With an array of cultural attractions, including galleries, theatres, and the renowned Harbourfront Centre, there is always something to engage the senses. The area boasts excellent public transport links, making it easy to explore the rest of the city, while its diverse dining and shopping options cater to a variety of tastes. For those seeking a lively yet serene urban lifestyle, Waterfront Communities C1 presents an ideal setting to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, providing excellent options for families. Within a 2.1 km radius, you will find a variety of schools catering to different age groups and educational needs. The closest is 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 (1.2 km) and St. Joseph's College School (2.1 km) provide education from grades 9 to 12, with St. Joseph's College boasting a commendable school rating of 7.6. Additionally, Ryerson Community School, located 1.1 km away, offers French language instruction for grades JK to 8 and has a solid rating of 3.8. St. Mary Catholic School, situated 1.0 km from the property, provides both English and French instruction for grades JK to 8 and has a rating of 5.7. Overall, this area offers a diverse range of educational opportunities, making it an attractive choice for families seeking quality schooling options for their children.

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 is classified as low-income. The housing market is characterized by an average price of $874,000, and a significant portion of the population, 69.6%, are renters, indicating a high demand for rental properties. Notably, the area is predominantly composed of condominiums, with 100% of housing units falling into this category. The community is diverse, with 40.93% of residents being immigrants, and 59.68% of the population is single. Families with children represent 21.19% of households. Education levels are high, with 88.42% of residents holding a college or university degree. Additionally, 15.34% of the population is not in the labor force, reflecting potential opportunities for employment and community engagement. Overall, this vibrant area presents a mix of young professionals and families, making it an attractive location for prospective homeowners and investors alike.