509 - 55 Mercer Street, Toronto, ON M5V 0W4
Waterfront Communities, Toronto · Near Blue Jays Way and Mercer St · View map
About this home
RARE 3+1 BEDROOM WITH PARKING & LOCKER IN THE HEART OF DOWNTOWN TORONTO!** Welcome to the prestigious No. 55 Mercer Residences, where luxury, space and urban convenience come together! Offering approximately 1,050 sq. ft. of living space, this exceptional 3+1 bedroom, 2 bathroom suite delivers a rare combination of size, versatility and functionality in Toronto's vibrant Entertainment District. Three bedrooms plus a flexible den offer ample space for families, professionals, guests or a home office. Complete with ONE PARKING SPACE AND LOCKER, highly sought-after conveniences in the downtown core! Experience an extraordinary lifestyle with approximately 18,000 sq. ft. of indoor and outdoor amenities spanning three levels, including a stunning FENDI-furnished lobby, 24-hour concierge, state-of-the-art fitness centre, Peloton bikes, yoga studio, sauna, outdoor fitness area, basketball court, co-working spaces, boardroom, private dining and entertainment areas, guest suites, outdoor lounges, BBQ facilities and fire pits. Enjoy the best of downtown living with King West, the Financial District, PATH network, TTC, Union Station, Rogers Centre, CN Tower, Scotiabank Arena, theatres, shopping, exceptional restaurants and Toronto's waterfront all within easy reach. Whether you're working from home, raising a family, entertaining or investing, this spacious residence offers the perfect balance of comfort, convenience and an exciting urban lifestyle. **AN OUTSTANDING OPPORTUNITY TO OWN A SPACIOUS 3+1 BEDROOM RESIDENCE WITH PARKING AND LOCKER IN ONE OF TORONTO'S MOST EXCITING DOWNTOWN COMMUNITIES!
The home
- Type
- Condo apartment
- Style
- 1 Storey/Apt
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- North West
- Level
- 4
- Laundry
- In-Suite Laundry
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $892.62/mo
- Fee includes
- Parking, Building Insurance, Common Elements
- Complex
- TSCC 3016
- Property management
- 360 Community Management
- Pets
- Allowed, with restrictions
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $5,399/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Blue Jays Way and Mercer St
- Neighbourhood
- Waterfront Communities
More
- Price per sq ft
- ~$909 (at 1,100 sq ft)
- MLS® number
- C14113248
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The home and its surroundings
- Built-In Oven
- Primary Bedroom - Main Floor
Included in the maintenance fee
- Parking
- Building Insurance
- Common Elements
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
55 Mercer Street, Toronto, ON M5V 0W4
Waterfront Communities, Toronto · Near Blue Jays Way and Mercer St
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Listing history for 55 Mercer Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 509 - 55 Mercer Street
Answers come straight from this home’s MLS® listing.
How much is 509 - 55 Mercer Street listed for, and what would it cost each month?
509 - 55 Mercer Street is listed for $999,900. With 20% down ($199,980), the mortgage payment would be roughly $4,033 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $5,376 a month, all in. That figure is an illustration, not a quote.
Is 509 - 55 Mercer Street freehold or a condo, and is there a monthly fee?
509 - 55 Mercer Street is a condo apartment in Waterfront Communities, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $892.62 a month. The listing says it covers parking, building insurance, common elements. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 509 - 55 Mercer Street have?
509 - 55 Mercer Street has 3 bedrooms and 2 bathrooms. The listing gives the style as 1 storey/apt.
Does 509 - 55 Mercer Street have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 509 - 55 Mercer Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 509 - 55 Mercer Street?
509 - 55 Mercer Street is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 509 - 55 Mercer Street?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 509 - 55 Mercer Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 509 - 55 Mercer Street?
Property taxes are $5,399 a year (2026), or about $450 a month.
Are pets allowed at 509 - 55 Mercer Street?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 509 - 55 Mercer Street?
509 - 55 Mercer Street is in the Waterfront Communities community of Toronto. The nearest main intersection is Blue Jays Way and Mercer St. The postal code is M5V 0W4.
Is 509 - 55 Mercer Street still for sale?
Yes. It is an active listing (MLS® C14113248). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 509 - 55 Mercer Street asking?
Similar condos for sale nearby right now include 3902 - 55 Mercer Street at $1,049,900 (3 bed), 4102 - 55 Mercer Street at $1,070,000 (3 bed) and 1202 - 55 Mercer Street at $899,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 55 Mercer Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 509 - 55 Mercer Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Condo apartment$899,0001202 - 55 Mercer Street, Toronto3 bed · 2 bath · Waterfront CommunitiesCourtesy of: T-ONE GROUP REALTY INC.,View home →Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.