601 - 55 MERCER STREET, Toronto (Waterfront Communities)

$579,000

For sale: Apartment

Apartment at 601 - 55 MERCER STREET, Toronto (Waterfront Communities)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
599 sqft
MLS®
MLS® C13028614
Neighbourhood
Waterfront Communities C1

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.

Sold data

Homes in Waterfront Communities — recent sold market

Homes in Waterfront Communities took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 51, across 420 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $622,500.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$622,500
Sale-to-list ratio
96.4%
Sold above asking
12%

Based on 420 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Waterfront Communities)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 601 - 55 MERCER STREET