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1 / 0
New2 hours ago

4805 - 55 Mercer Street

Waterfront Communities C1, Toronto

$499,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

Luxury awaits on the 48th floor of 55 Mercer! This premium 1-bedroom corner suite offers an exceptionally bright, highly efficient layout with zero wasted space. Wrap-yourself in stunning panoramic views through soaring floor-to-ceiling windows that flood the home with natural light. The modern kitchen features seamless built-in appliances, quartz counters, and sleek cabinetry. Enjoy a grand FENDI-furnished lobby and over 18,000 sq ft of elite 6-star amenities:a multi-floor fitness centre with Peloton pods, infrared saunas, a dedicated co-working space with private boardrooms, a half-court outdoor basketball court, a dog run, and 24hr concierge.Unbeatable location in the heart of the Entertainment District-steps to the PATH, St.Andrew/Union stations, King West dining, Rogers Centre, and TIFF Lightbox. Perfect for young professionals or savvy investors looking for a high-demand turn-key asset!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$377
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,039
mls© NumberC14085726
Listed ByROYAL LEPAGE SIGNATURE REALTY
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,554
Property tax
$253
Heat allowance
$150
Condo fees, half counted
$188
Housing costs
$3,146 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,800
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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