$579,000
55 Mercer Street 601, Toronto, ON M5V 3W2
Waterfront Communities C1 · Toronto · M5V 3W2
Listing brokerage: KELLER WILLIAMS EDGE REALTY
- Beds
- 1 + Den
- Baths
- 2
- Sq ft
- 500–599
- Parking
- 0
Monthly costs
Maintenance
$464/mo
$0.84 per sq ft
Property taxes
$275/mo
$3,295 a year (2025)
About $738 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Building Insurance
- Covered: Common Elements
- Not covered: Heat
- Not covered: Hydro
- Not covered: Water
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely not rent controlled: no cap on the yearly increase for units first lived in after Nov 15, 2018. Ontario rules
The unit
- Exposure
- South
- Parking
- None
- Locker
- None
- Balcony
- None
- Laundry
- Ensuite
- Age
- 0-5 years
- Possession
- TBD
The building
N⁰55 Mercer Condos
99 Blue Jays Way · King West
- 5 for sale
- 7 for rent
- 47 floors
About this home
Enjoy refined downtown living at 55 Mercer with this well-designed 1+den, 2 full bathroom suite. The layout is both practical and versatile, featuring a primary bedroom with a 3-piece ensuite and a separate den that can easily function as a second bedroom or home office.Residents have access to an impressive selection of amenities, including a private dining space, screening room, BBQ terrace, sauna, and a fully equipped fitness centre.Located in the heart of the city, this is a fantastic opportunity to experience modern condo living with comfort, convenience, and style.
All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 1 + Den
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Size
- 500-599 sq ft
Features
- Carpet Free
- Built-In Oven
- Countertop Range
Building & Amenities
- Elevator
- Yes
- Floor
- 6
- Property management
- 360 Community Management
Amenities
- Concierge
- Guest Suites
- Gym
- Rooftop Deck/Garden
- Visitor Parking
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Exterior & Lot
- Style
- Apartment
- Exterior
- Brick
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13028614
- Type
- Condo Apartment
- Transaction
- For Sale
- Original price
- $610,000
- Neighbourhood
- Waterfront Communities C1
- Cross streets
- King St W & Blue Jays Way
Rooms · 2Washroom ×2
3-piece washroom
Flat
4-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
55 Mercer Street 601, Toronto, ON M5V 3W2 · Near King St W & Blue Jays Way
Monthly cost
Estimated monthly cost
$3,302/mo
- Mortgage
- $2,564
- Property tax
- $275
- Maintenance
- $464
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$134,192
$115,800 down + $18,392 to $19,642 in closing costs
- Ontario land transfer tax
- $8,055
- Toronto land transfer tax
- $8,055
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $163
- Condo fee adjustment
- $269
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
Other homes in N⁰55 Mercer Condos
12
$2,300/mo
Unit 2207
1 bd · 1 ba · 0-499 sq ft
Listing brokerage: CONDOWONG REAL ESTATE INC.
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Unit 2507
1 bd · 1 ba · 0-499 sq ft
Listing brokerage: BAYTREE REAL ESTATE INC.
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Unit 3202
3 bd · 2 ba · 800-899 sq ft
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Unit 3212
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Unit 1212
1 + Den · 2 ba · 600-699 sq ft
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$3,300/mo
Unit 2709
1 + Den · 2 ba · 600-699 sq ft
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$4,699/mo
Unit LPH02
3 bd · 2 ba · 800-899 sq ft
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$899,000
Unit 1202
3 bd · 2 ba · 800-899 sq ft
Listing brokerage: T-ONE GROUP REALTY INC.,
$690,000
Unit 3212
2 bd · 2 ba · 500-599 sq ft
Listing brokerage: RE/MAX HALLMARK REALTY LTD.
$1,049,900
Unit 3902
3 bd · 2 ba · 800-899 sq ft
Listing brokerage: CENTURY 21 PARAMOUNT REALTY INC.
$479,900
Unit 2807
1 bd · 1 ba · 0-499 sq ft
Listing brokerage: RE/MAX REALTRON REAL REALTY TEAM
$415,000
Unit 318
1 bd · 1 ba · 500-599 sq ft
Listing brokerage: BAY STREET GROUP INC.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$579,000
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