1212 - 55 Mercer St

$2,6501 bd2 ba0 pk657 sqft

For Rent55 Mercer Condos

116 Days on Strata

Est Lease Timeframe:

16 Days

$2,650/mth

Price Cut: $3,000

1 Bed + 1

2 Bath

0 Parking

657 SQFT

Listing History

Property Type:

Condo

Possession Date:

March 5, 2025

Lease Term:

1 Year

Utilities Included:

Outdoor Space:

None

Furnished:

Exposure:

South

Locker:

None

Laundry:

Ensuite

Amenities

BBQs Allowed

Indoor Parking

Guest Suites

Sauna

Concierge

Business Centre

Party Room

Rooftop Deck

Gym Room

About this Listing

Welcome your home, Brand New Nobu Residence Condo (55 Mercer Condos) by Centre Court! Luxurious urban living in the heart of King W, this building is nestled in the vibrant Entertainment District in the midst of the city's finest entertainment & dining experiences. 657 SF. 9 ft ceilings. Top Tier Amenities: Private Dining Room/Screening Room/Barbecue and Prep Deck/ Sauna and Steam Room/Conference Centre/Massage Room/Games Room/Fitness Area/Hot Tub/ Spin Studio/Yoga Area/Glass Atrium &More. Step to the Rogers Centre, CN Tower, Tiff Lightbox, Union Station & much more! 100 Transit Score, 98 Walk Score & 90 Bike Score. Bundle Bell Fibe Internet will be provided with free. **EXTRAS** B/I fridge, B/I oven, B/I dishwasher, Glass cooktop, Hood range, Microwave & Washer/Dryer.

homelife frontier realty inc.MLS® #C11893027

Utilities Included

Rent Includes

Building Maintenance

Building Insurance

Not Included

Hydro

Heat

Air Conditioning

Water

Utility Type

Air Conditioning

Central Air

Heat Source

Gas

Heating

Fan Coil

Room Dimensions

Dining

Laminate, Combined with Kitchen, Combined with Living

11.06 x 22.84ft

Kitchen

Laminate, Open Concept, Built-in Appliances

11.06 x 22.84ft

Living

Laminate, Country Kitchen, Combined with Dining

11.06 x 22.84ft

Primary

Laminate, South View, Windows Floor to Ceiling

10.17 x 10.5ft

Den

Laminate, Separate Room, Sliding Doors

7.91 x 7.91ft

Renter's Market

Balanced

Landlord's Market

Similar Listings

Explore King West

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

Average Household Income

$109,098

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

13%

15 - 19

20 - 34

25%

35 - 49

19%

50 - 64

19%

65+

19%

Household Income

$0 - $30,000

47%

$30,000+

23%

$60,000+

14%

$90,000+

$125,000+

Housing Types & Tenancy

High Rise Apartment

36%

Detached

33%

Semi Detached

21%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

71%

Mandarin

14%

Cantonese

Tamil

Arabic

Tagalog

Spanish

Korean

Education

University and Above

43%

High School

21%

College

15%

None

13%

University Below Batchelor

Apprenticeship

Major Field of Study

Business Management

25%

Architecture & Engineering

18%

Health & Related Fields

11%

Social Sciences

10%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

Maintenance Fees

55 Mercer Condos vs The King West Area

Building Trends At 55 Mercer Condos

Days on Strata

Units at 55 Mercer Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

compared to other buildings in King West

Turnover of Units

On average, each unit is owned for

N/A

YEARS before being sold again

Property Value

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

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

N/A

best value out of 112 condos in the King West neighbourhood

Appreciation Rank

55 Mercer Condos has the

N/A

highest ROI out of 112 condos in the King West neighbourhood

Rental Yield

55 Mercer Condos yields the

N/A

highest rent prices out of 112 condos in the King West neighbourhood

High Demand

55 Mercer Condos is the

N/A

most popular building out of 112 condos in the King West neighbourhood

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%