Maintenance Fees
55 Mercer Condos vs The King West Area
$579,9901 bd1 ba0 pk399 sqft
For Sale55 Mercer Condos
69 Days on Strata
$579,990
1 Bed
1 Bath
0 Parking
399 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$365/mth
Taxes:
$0 (2024)
Cost Per Sqft:
$1,454/sqft
Outdoor Space:
Juliet Balcony
Locker:
None
Exposure:
East
Possession Date:
Immediately
Amenities
BBQs Allowed
Indoor Parking
Guest Suites
Sauna
Concierge
Business Centre
Party Room
Rooftop Deck
Gym Room
About this Listing
Welcome to this stunning 1-bedroom, 1-bathroom unit on the 47th floor of 55 Mercer by CentreCourt Developments. This condo offers east-facing views with natural light and breathtaking cityscapes, especially at sunrise. Floor-to-ceiling windows allow you to fully enjoy the panoramic vistas. Residents have exclusive access to The Mercer Club, which features a state-of-the-art fitness center, modern co-working spaces, and chic entertainment areas for socializing and relaxation. Located in the heart of the city, 55 Mercer is just steps from trendy restaurants, shops and cultural attractions, offering both convenience and luxury living. Whether working or unwinding, this condo provides the ideal balance of comfort and style. **EXTRAS** Property to be sold with full TARION warranty.
ExtrasBuilt-In Appliances: Fridge, Cooktop, Dishwasher. Washer, Dryer. All Electrical Light Fixtures.
union capital realtyMLS® #C11945774
Fees & Utilities
Maintenance Fees
Included in Fees
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Living
Open Concept, East View, Combined with Dining
27.33 x 8.5ft
Dining
Combined with Kitchen, Open Concept
27.33 x 8.5ft
Kitchen
Combined with Dining, Open Concept, Galley Kitchen
27.33 x 8.5ft
Bedroom
Closet, East View
15.85 x 9.09ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore King West
Commute Calculator
Loading...
Unknown
Walkability
Unknown
Transit
Unknown
Bikeability
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
24,225
Average Individual Income
$66,367
Average Household Size
3 persons
Average Age
0
Average Household Income
$109,098
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
36%
Detached
33%
Semi Detached
21%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
9%
Tamil
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
9%
Humanities
6%
Physical Sciences
5%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At 55 Mercer Condos
Days on Strata
Units at 55 Mercer Condos spend an average of
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
6%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
N/A
Property Value
0%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 112 condos in the King West area
Sold Units
10
Units were Sold over the past twelve months
Rented Units
236
Units were Rented over the past twelve months
Best Value Rank
55 Mercer Condos offers the best value out of 112 condos in the King West neighbourhood
?
N/A
Appreciation Rank
55 Mercer Condos has the highest ROI out of 112 condos in the King West neighbourhood
?
N/A
Rental Yield
55 Mercer Condos yields the highest rent prices out of 112 condos in the King West neighbourhood
?
N/A
High Demand
55 Mercer Condos is the most popular building out of 112 condos in the King West neighbourhood
?
N/A
Market Insights
Transaction Insights at 55 Mercer Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $426,000 - $432,000 | $540,000 - $564,990 | $700,000 - $815,000 | $900,000 | No Data | $1,073,000 | No Data |
| Avg. Cost Per Sqft | $1,223 | $1,362 | $1,247 | $1,321 | No Data | $1,339 | No Data |
| Price Range | $1,900 - $2,400 | $2,100 - $3,000 | $2,250 - $3,500 | $2,500 - $3,780 | $2,600 - $3,400 | $3,500 - $4,600 | $3,900 - $4,500 |
| Avg. Wait for Unit Availability | 49 Days | 35 Days | 76 Days | No Data | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 9 Days | 4 Days | 4 Days | 11 Days | 19 Days | 12 Days | 44 Days |
| Ratio of Units in Building | 15% | 34% | 30% | 10% | 4% | 9% | 1% |
Market Inventory
Total number of units listed and sold in King West
