$1,070,000
For sale: Apartment

Perched on the 41st floor, this stunning southwest corner suite at 55 Mercer offers breathtaking, unobstructed views of the CN Tower, Rogers Centre, the Toronto skyline, and Lake Ontario. Floor-to-ceiling windows flood the home with natural light while showcasing spectacular city views from every room.This rare and highly functional three-bedroom, two-bathroom layout maximizes every square foot with a bright, open-concept living and dining area, a modern kitchen with an island, and seamless access to a private balcony overlooking the city. The versatile third bedroom is perfect for a home office, guest room, or growing family. Completed in 2024, 55 Mercer is one of downtown Toronto's newest luxury residences, located steps from King West, the Financial District, Rogers Centre, and the city's best restaurants, shopping, and entertainment. Residents enjoy world-class amenities across three levels, including a state-of-the-art fitness centre with Peloton pods and HIIT training zones, yoga studio, infrared cedar saunas, co-working spaces, boardrooms, landscaped outdoor terraces, basketball half-court, BBQ areas and a dog run. Parking and locker included. Bonus: Bell high-speed internet is included in the maintenance fees for approximately the next 5 years. A rare opportunity to own a high-floor corner residence with iconic skyline views in the heart of downtown Toronto.
Sold data
Apartment homes in Toronto (Waterfront Communities) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 53, across 2,788 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $562,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,788 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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