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For saleMLS® C13028614

601 - 55 Mercer Street, Toronto, ON M5V 3W2

Waterfront Communities, Toronto · Near King St W & Blue Jays Way · View map

$579,000
1+1Beds
2Baths
500–599Sq ft
Condo apartmentType
$464/moMaint. fee
NoneParking
$3,295/yrTaxes
Call / Text Will
$579,000
Newer homeUp to 5 years old
Central airCool all summer

About this home

Enjoy refined downtown living at 55 Mercer with this well-designed 1+den, 2 full bathroom suite. The layout is both practical and versatile, featuring a primary bedroom with a 3-piece ensuite and a separate den that can easily function as a second bedroom or home office.Residents have access to an impressive selection of amenities, including a private dining space, screening room, BBQ terrace, sauna, and a fully equipped fitness centre.Located in the heart of the city, this is a fantastic opportunity to experience modern condo living with comfort, convenience, and style.

The home

Type
Condo apartment
Style
Apartment
Square footage
500-599 sq ft
Bedrooms
1
Basement bedrooms
1
Bathrooms
2
Kitchens
1
Rooms
5
Basement
None
Faces
South
Level
6
Laundry
Ensuite
Approximate age
0-5 years

Ownership & fees

Ownership
Condominium
Maintenance fee
$463.57/mo
Fee includes
Building Insurance, Common Elements
Complex
TSCC 3016
Property management
360 Community Management
Pets
No
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Total parking
None

Taxes & other

Property taxes
$3,295/yr
Tax year
2025
Occupancy
Tenant
Possession
TBD
Cross street
King St W & Blue Jays Way
Neighbourhood
Waterfront Communities

More

Price per sq ft
~$1,053 (at 550 sq ft)
MLS® number
C13028614

The home and its surroundings

  • Carpet Free
  • Built-In Oven
  • Countertop Range
  • Library
  • Park
  • Public Transit

Included in the maintenance fee

  • Building Insurance
  • Common Elements

Shared in the complex

  • Concierge
  • Guest Suites
  • Gym
  • Rooftop Deck/Garden
  • Visitor Parking
Want to know something that isn’t listed?
Estimated monthly cost$3,074per month, all in
  • 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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    55 Mercer Street, Toronto, ON M5V 3W2

    Waterfront Communities, Toronto · Near King St W & Blue Jays Way

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    Sold history

    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.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 601 - 55 Mercer Street

    Answers come straight from this home’s MLS® listing.

    How much is 601 - 55 Mercer Street listed for, and what would it cost each month?

    601 - 55 Mercer Street is listed for $579,000. With 20% down ($115,800), the mortgage payment would be roughly $2,336 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,074 a month, all in. That figure is an illustration, not a quote.

    Is 601 - 55 Mercer Street freehold or a condo, and is there a monthly fee?

    601 - 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 $463.57 a month. The listing says it covers building insurance, common elements. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 601 - 55 Mercer Street have?

    601 - 55 Mercer Street has 1 bedroom, plus 1 more bedroom in the basement, and 2 bathrooms.

    Does 601 - 55 Mercer Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    Does 601 - 55 Mercer Street have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 601 - 55 Mercer Street?

    601 - 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 601 - 55 Mercer Street?

    The listing puts the home between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 601 - 55 Mercer Street heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 601 - 55 Mercer Street?

    Property taxes are $3,295 a year (2025), or about $275 a month.

    Are pets allowed at 601 - 55 Mercer Street?

    The listing says pets are not allowed.

    Where is 601 - 55 Mercer Street?

    601 - 55 Mercer Street is in the Waterfront Communities community of Toronto. The nearest main intersection is King St W & Blue Jays Way. The postal code is M5V 3W2.

    Is 601 - 55 Mercer Street still for sale?

    Yes. It is an active listing (MLS® C13028614). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 601 - 55 Mercer Street asking?

    Similar condos for sale nearby right now include 322 - 55 Mercer Street at $520,000 (1+1 bed), 4805 - 55 Mercer Street at $499,000 (1 bed) and 3215 - 55 Mercer Street at $680,000 (1+1 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 601 - 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.

    *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.

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