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New2 hours ago

611 - 55 Mercer Street

Waterfront Communities C1, Toronto

$640,000

Condo Apartment |
2 + 1 | 2 | 0 | 0
About this home

Beautifully designed 2 bedroom plus den unit in the newly built 55 Mercer Condominiums by Centrecourt. With 738 sq ft of well appointed living space, this north-facing unit offers a serene retreat in the heart of the city. As you enter, you'll be greeted by an open concept layout that maximizes space and light. The bright living area is perfect for relaxation and entertaining, while large windows provide an abundance of natural light. The contemporary kitchen is equipped with high-quality appliances and sleek cabinetry. The separate den provides an ideal space for a home office, nursery, or cozy reading nook. As a resident of 55 Mercer, you'll enjoy access to The Mercer Club which offers 3 floors of state-of-the-art fitness, co-working and entertainment spaces. Parking available upon request.

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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
Size700-799 sq. ft.
Maintenance Fees$566
LockerNone
BalconyNone
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax---
mls© NumberC13666126
Listed ByUNION CAPITAL REALTY
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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,276
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$283
Housing costs
$3,709 / mo

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

Down payment20% · $128,000
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,693 / mo
Cash down
$128,000

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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