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Price Change$1,048,000

1202 - 55 Mercer Street

Waterfront Communities C1, Toronto

$888,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Welcome to 55 Mercer Luxury Residence, this upgraded corner unit is situated in a perfect location. Boasting with 3 bedrooms, 2 bathrooms with 9' ceiling and large windows in every room with upgraded closet doors. Floor-to-ceiling windows flood the home with natural light while showcasing spectacular city views from every room. 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. A rare opportunity to own a high-floor corner residence with iconic skyline views in the heart of downtown Toronto. One Parking and One Locker included

Extras

No extras listed.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size800-899 sq. ft.
Maintenance Fees$761
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax---
mls© NumberC13337206
Listed ByT-ONE GROUP REALTY INC.,
Building Insurance Included
Parking Included
Cable TV Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,545
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$380
Housing costs
$5,076 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $177,600
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,737 / mo
Cash down
$177,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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