PH03-55 Mercer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13593260

$2,100/mo
For Lease
Listed 1 day ago
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1Bathrooms
0Parking
0-499Sq Ft

About this home

Experience Luxury Living at 55 Mercer! Welcome home to this stunning penthouse studio at 55 Mercer, where luxury meets urban sophistication in the heart of downtown Toronto! Indulge in the vibrant King West lifestyle, steps from world-class entertainment and dining. This upscale condo offers breathtaking cityscape and lake views, floor-to-ceiling windows and high-end finishes. Perfectly located with transit at your doorstep: St. Andrew and Union Station are within walking distance, as is the nearby PATH network. Surrounded by the Entertainment and Fashion Districts, Chinatown and the Waterfront, this is luxury living at its finest! Don't miss the chance to live at this coveted address!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13593260
Bathrooms
1
Size
0-499
Cross streets
Blue Jays Way and Wellington St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South West
Days on market
1
Listing brokerage
RE/MAX EXCEL TITAN

Rooms

Living RoomMain5.31 × 2.93 m

Laminate

BathroomMain2.44 × 1.50 m

4 Pc Bath

Dining RoomMain5.31 × 2.93 m

Combined w/Dining

KitchenMain5.31 × 2.93 m

Open Concept

Our TakeTeam Asgarian · Broker
In line
$2,164/moest. value

Listed at $2,100/mo, and my independent estimate is right in line with comparable rentals.

In Waterfront Communities C1 lately, landlords get about 99% of asking; homes lease in ~16 days.

List price
$1,982/moBelow market$2,270/moAbove market

Total price vs nearby homes. Fair value about $2,164/mo, median of 34 comparables.

How this estimate is builtthe short version

I take the 34 most comparable recent leases nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent lease prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 34 comparable rentals that recently leased nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$2,092avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1229-400 King Street$2,1001221-140 Simcoe Street$2,100704-39 Brant Street$2,080707-170 Fort York Boulevard$2,1301504-18 Yonge Street$2,050

The 5 closest of 8 active listings nearby.

See all comparable homes
2,100This home2,1002,1002,0802,1302,050This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $2K
23active listings nearby
1days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$3K
Niagara
$3K
Waterfront Communities C8
$3K
Church-Yonge Corridor
$3K
Moss Park
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 69% meet the provincial standard

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL TITAN. MLS®/PropTx.

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