For sale · Common Element Condo
55 Mercer Street #2205.
Waterfront Communities C1, Toronto, ON M5V 0W4
In N55 Mercer, 55 Mercer StreetBuyer's market
Condo market in Waterfront Communities C1. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 37 days. Market data
Sales-to-new-listings ratio, last 3 months: 32%
Months of supply: 6.5
What it means
- Buyer's market in Waterfront Communities C1: condos take about 37 days to sell.
- About 6.5 months of condos for sale in Waterfront Communities C1 at the current pace of sales.
At a glance
About this home
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.
Suite details
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The suiteproperty type, style, exposure, heating
- Property type
- Common Element Condo
- Style
- Apartment
- Exposure
- North West
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- None
- Year built
- New
- Possession
- October 1, 2026
Parking and storageparking, garage, locker
- Parking
- 0
- Garage
- None
- Locker
- Owned
Fees and taxesmaintenance, property taxes
- Maintenance
- $425/mo
- Property taxes
- $2,873 (2026)
Building and rulesstoreys in building, pets
- Storeys in building
- 46
- Pets
- Yes-with Restrictions
Rooms3 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Living Room | Flat | 2.87 × 6.2 m | combined w/kitchen · large window |
| Kitchen | Flat | 2.87 × 6.2 m | combined w/living · large window |
| Primary Bedroom | Flat | 3.51 × 2.79 m | large window · closet |
What is includedAppliances and fixtures
Existing fridge, stove, built-in microwave/range hood, washer and dryer, all existing electric light fixtures, and all existing window coverings.
Building amenitiesconcierge, gym, party room/meeting room
What it could cost each month
— a month, estimated
With 20% down. Includes property tax and maintenance. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Maintenance—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members22 suites sold at N55 Mercer in the last two years.
Sales activity in the building
Number of suites sold each quarter.
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Sale and listing history
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The building and the area

The building
N55 Mercer
55 Mercer Street · 3 storeys
Gym · Concierge · Media Room · Rooftop Deck/Garden
Listing brokerage · MLS® C13610516Real Estate HomewardData last updated Jul 27, 2026 8:58 pm.
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