2205 - 55 Mercer Street

Waterfront Communities, Toronto · MLS® C13610516

Condo · Single Family · 89 days on market

listed by RAJIB DAS, REAL ESTATE HOMEWARD

realtor's description

Welcome to 55 Mercer Street - a sleek and modern one-bedroom suite with Balcony in the heart of downtown Toronto. Featuring contemporary finishes and a functional layout, this unit offers an ideal blend of comfort, style, and convenience.Enjoy exceptional walkability with TTC access, shops, theatres, restaurants, cafés, entertainment, and everyday essentials just steps from your door.Residents have access to an impressive selection of building amenities, including a fitness centre, party room, 24-hour concierge, rooftop terrace, and guest suites.An excellent opportunity for end users seeking a convenient downtown lifestyle or investors looking for a highly desirable and easy-to-rent location.

property details

type: Condo, Single Family
bedrooms: 1
bathrooms: 1
parking: 0
property tax: $2,873 / yr
strata fee: $425 / mo
strata rules: Pets Allowed With Restrictions
days on market: 89
MLS®: C13610516

features

Pets Allowed With Restrictions
Washer
Refrigerator
Stove
Dryer
Microwave

monthly cost

$3,448/mo

Mortgage $2,784 · Tax $239 · Strata $425

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,784/ monthly

loan $511,200

25-year amortization

down payment20% · $127,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $324,019
cash to close: $127,800; down payment; transfer tax and fees not included
total paid: $835,219

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.