| Common Elements Included | |
| Building Insurance Included |































322 - 55 Mercer Street
Waterfront Communities C1, Toronto
$520,000
Welcome to Urban Living and Sophistication Redefined at 55 Mercer. This Spacious, Brand New, Never Lived In 1+1 Unit with 2 Baths Is The Perfect Place To Call Home In The Heart Of The City. Featuring South Views, 9' Ceilings, Integrated Appliances, Concierge Desk in Lobby, Gym, Roof Top Garden, Party Room and More! Located Minutes Away From Toronto Harbourfront, Rogers Centre, CN Towner, Union Station, St. Andrew TTC Station, and Plenty of Shopping, Restaurants and Cafes. PARKING and LOCKER available for purchase upon request. Sold withfull TARION Warranty. Net of HST for End users - HST Rebate is included in the purchaseprice. Investor purchasers - $24,000 HST is still applicable.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $464 |
| Locker | None |
| Balcony | None |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $1,907 |
| mls© Number | C13668376 |
| Listed By | CENTURY 21 ATRIA REALTY INC. |
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%
- $2,662
- Property tax
- $159
- Heat allowance
- $150
- Condo fees, half counted
- $232
- Housing costs
- $3,202 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$99,000
gross annual household income
- Payment at 4%
- $2,188 / mo
- Cash down
- $104,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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