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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!
With a 20% down payment of $199,980, your estimated payment is:
Listing history of 55 Mercer Street-509 over time.
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This pie chart visualizes the average market value for different property categories (e.g., Detached, Condo, Townhouse) in this area. Each slice represents a property type, and the size of the slice corresponds to its average sold price relative to the others. Use this to quickly identify which property types command premium prices versus more affordable options. If the chart is dominated by one large slice, it indicates a significant price gap between that luxury property type and the rest of the market.
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Comparison of listing prices over time. Each bar represents the average list price for that month. Use this chart to understand how the market's average asking price has trended recently. Each bar represents a price range, and the height indicates how many active listings fall within that range. Use this to see if this property's asking price is competitive, above, or below the market average. A higher concentration of bars around the current property's price suggests it's priced in line with comparable listings.
This chart reveals market trends by combining two key metrics: The red line shows the median sold price per month, indicating whether property values are rising or falling over time. The green bars represent the average number of days properties stayed on the market before selling. Shorter bars indicate a hot market where properties sell quickly, while taller bars suggest a slower market. Together, these help you understand market momentum and pricing power.
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