$5,500/mo
For rent: Apartment

RARELY AVAILABLE! Executive 3-Bedroom, 2-Full-Bath Penthouse-Level Residence at The Mercer, in the Heart of Toronto's Entertainment District. Offering an exceptional 1,023 Sq.Ft. of beautifully designed interior living space PLUS an extraordinary approx. 1,000 Sq.Ft. private open-air terrace-an unparalleled urban oasis ideal for entertaining, relaxing or creating your own private rooftop-inspired retreat. Soaring 10' smooth ceilings, floor-to-ceiling windows and a bright, sophisticated layout showcase panoramic city views and abundant natural light. Gourmet kitchen features a striking stone centre island and contemporary finishes. Spacious primary bedroom with ensuite, two additional well-appointed bedrooms and two full baths provide exceptional flexibility for professionals, families or an impressive work-from-home lifestyle. Includes 1 underground parking space and 1 locker with views toward the CN Tower. Residents enjoy Club Mercer amenities including state of-the-art fitness centre, yoga studio, sauna/spa, theatre, party lounge and spectacular 10,000 Sq.Ft. rooftop terrace with BBQs, outdoor dining, cabanas and lounge areas. Unbeatable location steps to King West, TIFF Bell Lightbox, Royal Alexandra & Princess of Wales Theatres, St. Andrew Subway, PATH, Rogers Centre, CN Tower, Ripley's Aquarium, waterfront, Financial District, world-class restaurants, cafés, nightlife and entertainment. A truly exceptional downtown residence offering the space, privacy and outdoor living rarely found in the city core. The Unit has been staged.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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