NO55 Mercer Condos Condos in Toronto C01

55 Mercer Street, Toronto C01

639

Total Units

9

For Sale

1

For Rent

25

Sold

488

Leased

$846K

Avg Price

43

Days (Sale)

23

Days (Lease)

OQ

OVAIS QASSIM

Questions about NO55 Mercer Condos?

Property Type:
Condo
Number of Units:
639
Condo Demand:
High
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,199 SQFT
Property Management:
360 Community Management

Market Overview

For-Sale Inventory

1.4%

Highest Sale (12mo)

$760K

Lowest Sale (12mo)

$369K

Median Maintenance

$510/mo

Year Built

NO55 Mercer Condos Market

Updated Aug 21, 2026
Condos
Median sale price
$459K
Median PSF (est.) 29.3%
$872/sqft
Sold last 90 days
4
Active listings
10
Months of inventory
10.0
Avg days on market
31
Sale-to-list ratio
95.27%
Absorption rate
10.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 92.31% · End-user: 7.69% (from 4 sales, 48 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $872-1.57% vs community avg ($885)[at_par]
Supply vs demand by unit type (90d)
Sample: 10 active listings · 4 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 3 sold · mismatch -65.00%
2br: 4 active / 1 sold · mismatch +15.00%
3br: 5 active / 0 sold · mismatch +50.00%
Concession pattern by unit type (90d)
studio (4 sales)100.00% closed with concessions, avg 6.41% below ask
1br (7 sales)85.71% closed with concessions, avg 3.51% below ask
2br (9 sales)100.00% closed with concessions, avg 5.57% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, Nov, Jul
Historically weakest months: Feb, May, Oct
Annual averages: DOM 46.7d · sale-to-list 95.27% (n=21)
Monthly detail
Jan · 2 sales · DOM 34.0d · STL 93.71%
Feb · 2 sales · DOM 51.0d · STL 91.25%
Mar · 1 sales · DOM 45.0d · STL 99.40%
Apr · 2 sales · DOM 50.5d · STL 93.52%
May · 3 sales · DOM 82.3d · STL 96.60%
Jun · 4 sales · DOM 44.8d · STL 96.42%
Jul · 1 sales · DOM 31.0d · STL 96.00%
Aug · 1 sales · DOM 34.0d · STL 98.65%
Sep · 1 sales · DOM 8.0d · STL 94.05%
Oct · 1 sales · DOM 83.0d · STL 97.55%
Nov · 1 sales · DOM 19.0d · STL 95.32%
Dec · 2 sales · DOM 31.5d · STL 93.65%

Market Intelligence

Price per sqft analysis and trends

NO55 Mercer Condos

Sale PSF

N/A

Lease PSF

N/A

Waterfront Communities C1

Sale PSF

$894/sqft

93 sales

Lease PSF

$4.61/sqft/mo

1 leases

Toronto C01

Sale PSF

$883/sqft

173 sales

Lease PSF

$4.45/sqft/mo

1 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
NO55 Mercer CondosThis Building
/mo
Waterfront Communities C1
8944.61/mo931
Toronto C01
8834.45/mo1731
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$208.93/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Car Wash
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Security Guard
Security System
Squash/Racquet Court
Tennis Court
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsHeatNoneParkingWater

Building Reviews

Loading reviews...

💰

Estimate your home value

Sign in or create a free account to access the NO55 Mercer Condos seller estimator. We'll match you against same-building comparables and tax-band sales.

Already have an account? Click above and choose "Sign In".

List Your NO55 Mercer Condos Condo With Us

Get Your Free Market Evaluation

Book a Visit

Schedule a personalized tour

About NO55 Mercer Condos Condos

NO55 Mercer Condos is a premier condominium located at 55 Mercer Street, Toronto C01. This 639-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 523 units available at NO55 Mercer Condos, with prices averaging around $846K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

NO55 Mercer Condos stands out in Toronto C01's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at NO55 Mercer Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Waterfront Communities C1, Toronto C01 and the Toronto area.

Units for Lease at NO55 Mercer Condos

Keywords: NO55 Mercer Condos Toronto C01 Real Estate

NO55 Mercer Condos condos for sale, NO55 Mercer Condos units for rent,55 Mercer Street, Toronto C01, Toronto C01 condos,Toronto C01 real estate, luxury condos Toronto C01, NO55 Mercer Condos building amenities, Toronto C01 condo market,buy condo Toronto C01, sell condo Toronto C01

aıly
Get Your AI Real Estate Plan
Ask aily about NO55 Mercer Condos
Inquiring About
NO55 Mercer Condos
Your info is private and never shared

Own a Unit Here?

Get a FREE instant estimate of your unit's market value

What's Your Unit Worth?
Call