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New3 hours ago

1007 - 55 Mercer Street

Waterfront Communities C1, Toronto

$499,900

Condo Apartment |
1 | 1 | 0 | 0
About this home

Modern open-concept 1 bedroom suite in the heart of Downtown Toronto's entertainment district. Offering 459 sqft of thoughtfully designed living space, this stylish unit features 9ft ceilings, laminate floors throughout, floor-to-ceiling windows, contemporary finishes, quality kitchen appliances and in-suite laundry. Residents enjoy over 18,000 sqft of luxury indoor & outdoor amenities including a stunning fendi-furnished lobby, state-of-the-art fitness centre, yoga studio, outdoor basketball court, BBQ area, private workspaces, rooftop terrace, party lounge and 24hr concierge. Steps to Union Station, the financial district, TTC, CN Tower, Rogers Centre, TIFF Bell Lightbox, The Well, top restaurants, nightlife and the waterfront walkway. Experience the ultimate urban lifestyle in one of Toronto's most vibrant neighbourhoods.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$362
LockerNone
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,850
mls© NumberC13665598
Listed ByRE/MAX PREMIER INC.
Common Elements Included
Building Insurance 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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,559
Property tax
$238
Heat allowance
$150
Condo fees, half counted
$181
Housing costs
$3,127 / mo

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

Down payment20% · $99,980
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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