Maintenance Fees
55 Mercer Condos vs The King West Area
$4,3003 bds2 ba0 pk800 - 899 sqft
For Rent55 Mercer Condos
45 Days on Strata
$4,300/mth
3 Beds
2 Bath
0 Parking
800 - 899 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 10, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South West
Locker:
None
Amenities
BBQs Allowed
Indoor Parking
Guest Suites
Sauna
Concierge
Business Centre
Party Room
Rooftop Deck
Gym Room
About this Listing
Spacious 3 Bedroom Suite with Balcony! Enjoy Proximity to Iconic Landmarks Such as the CN Tower, Rogers Centre, and the Vibrant Entertainment District Along King St W, or Take a Leisurely Stroll Through the Beautiful Clarence Square Park. With Convenient Access to Public Transportation and Major Thoroughfares, Including the St. Andrew Station and the Gardiner Expressway. Experience the Excitement of Downtown Toronto While Enjoying the Comfort and Convenience of Living at 55 Mercer St! Building Amenities Include 24 Hr Concierge/Security, Guest Suites, Gym, Rooftop Deck/Garden, etc.
ExtrasFridge, Oven, Dishwasher, Cooktop, Range Hood, Microwave & Stacked Washer/Dryer. Internet included
condowong real estate inc.MLS® #C11982982
Fees & Utilities
Utilities Included
Rent Includes
Building Maintenance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Fan Coil
Room dimensions are not available for this listing.
Renter's Market
Balanced
Landlord's Market
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Walkability
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Transit
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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 leased in King West
