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55 Mercer Street 4102

Waterfront Communities C1, Toronto, M5V 0W4 · More in this building

$1,070,000

Reduced $118,888 from $1,188,888

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  • 3 bedrooms
  • 2 bathrooms
  • 1 parking
  • 800-899 sq ft

Listed 217 days ago · MLS® C12893454

About this home

Perched on the 41st floor, this stunning southwest corner suite at 55 Mercer offers breathtaking, unobstructed views of the CN Tower, Rogers Centre, the Toronto skyline, and Lake Ontario. Floor-to-ceiling windows flood the home with natural light while showcasing spectacular city views from every room.This rare and highly functional three-bedroom, two-bathroom layout maximizes every square foot with a bright, open-concept living and dining area, a modern kitchen with an island, and seamless access to a private balcony overlooking the city. The versatile third bedroom is perfect for a home office, guest room, or growing family. Completed in 2024, 55 Mercer is one of downtown Toronto's newest luxury residences, located steps from King West, the Financial District, Rogers Centre, and the city's best restaurants, shopping, and entertainment. Residents enjoy world-class amenities across three levels, including a state-of-the-art fitness centre with Peloton pods and HIIT training zones, yoga studio, infrared cedar saunas, co-working spaces, boardrooms, landscaped outdoor terraces, basketball half-court, BBQ areas and a dog run. Parking and locker included. Bonus: Bell high-speed internet is included in the maintenance fees for approximately the next 5 years. A rare opportunity to own a high-floor corner residence with iconic skyline views in the heart of downtown Toronto.

Details

Type
Condo Apartment
Style
Apartment
Size
800-899 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$5,052 (2025)
Maintenance fee
$761/month
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01
Price per sq ft
$1,260 (36% above condo apartments in Waterfront Communities C1, $926)
Fee per sq ft
$0.90/month (Toronto median $0.92)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 4-piece (main), 1 × 3-piece (main)
Rooms
1 above ground
Family room or den
Yes
Fireplace
No
Laundry
In-Suite Laundry, Ensuite
Features
Auto Garage Door Remote, Guest Accommodations, Intercom

Heating, cooling and services

Heating
Fan Coil, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick
Waterfront
Direct, WaterfrontCommunity

Parking

Garage spaces
1
Total parking
1

Condo

Monthly fee
$761
Fee includes
Building Insurance Included, Parking Included, Cable TV Included
Amenities
Community BBQ, Exercise Room, Gym, Media Room, Sauna, Bike Storage
Locker
Owned
Balcony
Open
Exposure
South West
Pets
Yes-with Restrictions
Property manager
360 Community Management

More

Possession
30
Cross street
King St/Blue Jays Way

Rooms

RoomLevelSizeFeatures
Bedroom 2Main
Bedroom 3Main
KitchenMain
BathroomMain
Living RoomMain
Primary BedroomFlat

History of this address

6 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St. Andrew Subway9 min walk
  • 🚇 Osgoode Subway11 min walk
  • 🚆 Toronto Union Station GO14 min walk

Within a 10-minute walk: 22 grocery stores, 432 cafés and restaurants, 29 parks, 24 pharmacies. Nearest grocery: Foodlane (50 m). Nearest park: Robert Grasett Park (200 m).

Schools nearby

Elementary

  • ALPHA Alternative Junior School9 min walk
  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%    9 min walk
  • Jean Lumb Public School
    EQAO: Gr 6 reading 93%, math 65%    11 min walk
  • Bishop Macdonell Catholic Elementary School Catholic
    EQAO: Gr 6 reading 97%, math 64%    12 min walk

Secondary

  • Oasis Alternative Secondary School9 min walk
  • Contact Alternative School14 min walk
  • Downtown Vocal Music Academy of Toronto Private17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

  • Assault52% above average
  • Break and enter55% above average
  • Auto theft57% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings30% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 55 active

  • 156 JOHN ST · 450 m
    Site Plan · Application Received · applied 2026
    Proposed change of use from office to a hotel occupancy with ground floor modifications.
    Application details
  • 276 KING ST W · 300 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    OPA and rezoning for amendments to modify the performance standards applicable to the mixed-use building to be located at 274-284 King Street West on the West…
    Application details
  • 495 KING ST W · 500 m
    Plan of Condominium · Under Review · applied 2025
    Draft Plan of Standard Condominium for 439 units.
    Application details
  • 315 FRONT ST W · 250 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval Application for Phase 1 of a three phase development at 315-325 Front Street West. The Phase 1 site plan includes two primarily residential…
    Application details
  • 55 JOHN ST · 200 m
    Site Plan · NOAC Issued · applied 2025
    Site Plan Approval for the relocation of Toronto Fire and Emergency Service Station 332 to the south side of Metro Hall.
    Application details
  • 315 FRONT ST W · 250 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Zoning By-law Amendment to previously approved ZBA 19 204347 STE 10 OZ for three residential towers (50 and 71 storeys) and one office tower (60 storeys). The…
    Application details

63 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 550 m
  • 🚧 Osgoode 700 m
  • 🚧 King West GO Transit900 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

No building permits at this address since 2014.

4 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

19 City street trees within 100 m, mostly honeys. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by COMFREE.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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