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    for rent
    4 Days on Strata
    Est Lease Timeframe:
    31 Days

    5006 - 55 Mercer St

    55 Mercer Condos
    $2,000/mth
    Studio
    1 Bath
    0 Parking
    400 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Property Type:
    Condo
    Possession Date:
    Jan 10
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    None
    Laundry:
    Ensuite
    Locker:
    None
    Exposure:
    North

    Amenities

    Concierge
    Gym
    Party Room
    Rooftop Deck
    Sauna

    About this Listing

    Welcome To This Stylish And Exceptionally Designed Bachelor Unit At 55 Mercer St! This Bright And Spacious Suite Offers Nearly 400 Sq Ft Of Thoughtfully Planned Living Space With A Smart, Functional Layout That Truly Stands Out. Unlike Typical Bachelor Units, This Floor Plan Features A Defined Living/Sleeping Area With A Natural, Comfortable Flow. Other Features Include 9 Ft Ceilings, Floor-To-Ceiling Windows, A Sleek Kitchen With Built-In Appliances, Quartz Countertops, Huge Bathroom With Walk-In Glass Shower, And Modern Finishes Throughout. Enjoy Access To Amenities That You Will Love Including A Fitness Centre With Peloton Rooms, Outdoor Fitness And Basketball Court, Co-Working Spaces, Rooftop BBQs & Fire Pits, A Gorgeous Party Room,24/7 Concierge & More. Perfectly Situated With Close Proximity To The Path, TTC, Rogers Centre, CN Tower, Scotiabank Arena, Union Station, Financial District, Eaton Centre, Trendy King West, Restaurants, Cafes, Nightlife, And Everyday Conveniences - This Is Downtown City Living At Its Best!

    ExtrasFridge, Stove, Oven, Microwave, Dishwasher, Washer, Dryer. All Electrical Light Fixtures And Window Coverings.

    psrMLS® #C12554864

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    18.73 x 13.75ft
    Laminate, Windows Floor to Ceiling
    Dining
    18.73 x 13.75ft
    Laminate, Open Concept, Windows Floor to Ceiling
    Kitchen
    18.73 x 13.75ft
    Laminate, Stainless Steel Appliances, Windows Floor to Ceiling
    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore King West

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    0 - 14
    13%
    15 - 19
    1%
    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+
    9%
    $125,000+
    5%
    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
    48
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    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

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    203
    Units were Rented over the past twelve months

    Best Value Rank

    55 Mercer Condos offers the
    ?
    N/A
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    55 Mercer Condos has the
    ?
    N/A
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    55 Mercer Condos yields the
    ?
    N/A
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    55 Mercer Condos is the
    ?
    N/A
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at 55 Mercer Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$1,795 - $2,100$1,399 - $3,000$2,250 - $3,300$2,700 - $3,500$2,800 - $2,975$3,900 - $4,500$4,500 - $4,700
    Avg. Wait for Unit Availability9 Days4 Days4 Days11 Days42 Days15 Days85 Days
    Ratio of Units in Building15%33%31%11%3%9%1%

    Market Inventory

    Total number of units listed and leased in King West