GTA Assignment

NO55 Mercer Condos – Mercer 12

  • $1,098,000
  • $1,671/sq ft
55 Mercer St, Toronto


  • Residential
  • Property Type
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 657
  • sq ft
  • 2020
  • Year Built
  • GTA-R20298
  • Property ID



Regular Price: $1,098,000
Original Purchase Price: Contact us for this information



Original Purchase Date: Contact us for this information
Estimated Occupancy Date: Q1 2023
Firm Occupancy Date: Contact us for this information



Interim Occupancy Fee: Contact us for this information
Condo Fees: Contact us for this information
Property Taxes: Contact us for this information
Total Occupancy Fees: Contact us for this information




55 Mercer Condos is a brand new residential development by CentreCourt Developments Inc. located at King St W & John St in Toronto, offering luxurious living spaces and a prime location. Here are the top reasons why you should consider making this your new home, according to CondoNow:

  1. Walkability at its Best – With a perfect walk score, residents of 55 Mercer Condos will have everything they need within walking distance. From restaurants, cafes, supermarkets, banks, drug stores, and more, there’s no need for a vehicle. Plus, Toronto’s underground PATH system is located just 150 meters away, providing convenient access to the downtown core without having to brave the weather or crowded transit.
  2. Convenient Transportation Options – Enjoy world-class transportation options right at your doorstep. TTC streetcars and bus routes are readily available in the area, and transit stops are only a few steps away. Both St. Andrew and Union subway stations are also within walking distance, offering easy access to any part of the city.
  3. Stunning Waterfront Views – The breathtaking views of Toronto’s waterfront are unmatched, and residents of 55 Mercer Condos will have an opportunity to indulge in them. They will also be able to explore the Harbourfront and other waterfront attractions in the area, all within walking distance.
  4. Vibrant City Neighbourhoods – The Entertainment and Fashion Districts, Chinatown, and Old Toronto are among the popular neighbourhoods surrounding 55 Mercer Condos. These areas are home to lively culture and buzzing nightlife, making it an exciting place to explore and call home.
  5. Employment Opportunities – The downtown area surrounding 55 Mercer Condos is a hub of major international tech companies, providing numerous employment opportunities for professionals. Currently, there are over 240,000 tech-related job opportunities in the surrounding area. The financial district and Hospital Row are also within easy reach, making it the perfect place for professionals to work, live and play.

CentreCourt Developments – As a premier development company in the Greater Toronto Area, CentreCourt Developments is committed to building residential communities around city amenities, transit hubs, and employment opportunities. With a focus on exceeding homebuyer’s expectations, they hold themselves accountable to the highest building and construction standards
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Updated on October 8, 2023 at 10:13 am
  • Property ID: GTA-R20298
  • Price: $1,098,000
  • Property Size: 657 sq ft
  • Bedroom: 1
  • Bathrooms: 2
  • Year Built: 2020
  • Property Type: Residential

Additional details

  • Number of Storeys: 47
  • Total Number of Suites: 543
  • Suites Starting Floor: 3
  • Number of Suites/Floor: 19
  • Floor Plans: 1
  • Suite Size Range: 657 - 657 sq ft
  • Ceiling Height: 9'
  • Price / sq ft from: $1,671
  • Parking Price: $125,000
  • Locker Price: $7,500
  • % Sold: 100
  • Architects: IBI Group
  • Interior Designer: Figure3
  • Amenities: Outdoor BBQs, 24-Hour Concierge, Basketball Court, Cycle-Friendly, 24 Hour Indoor Fitness Centre/Peloton Bikes, Outdoor Fitness Lounge, Lounge, Fire Pits, Shared Co-Working Space, Dining Room, Entertainment Room, Pfaff EV Car Share, Fendi Furnished Lobby, Outdoor Dog Walking Area , Sauna, Pfaff/Motus On-Demand Valet Service
  • Est. Maint: $0.69 / sq ft / month
  • Locker Maint: Request Locker Maint
  • Parking Maint: Request Parking Maint
  • Est. Property tax: Request Est. Property Tax
  • Notes: BTU, hydro and water are separately metered
  • Est. Occupancy: Q1 2023
  • VIP Launch: Feb 18, 2020
  • Public Launch: Mar , 2020
  • Total Min. Deposit: 20%
  • Deposit Notes: $5,000 on Signing Balance to 5% in 30 Days 5% in 45 Days 5% in 120 Days 5% in 270 Days
  • Development Levies: • Studios to 1B D – Capped at $16,000 • 2B and 2B D – Capped at $18,000 • 3B and larger – Capped at $20,000
  • Assignment Policy: Request Assignment Policy
  • Address 55 Mercer St, Toronto
  • City Toronto
  • Country Canada

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