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43.73° N · 79.40° W — Toronto & nearby · 9,719 homes for sale today43.73° N · 79.40° W — 9,719 homes today(647) 554-7436Saved

43.6454° N · 79.3914° W — Waterfront Communities C1, Toronto — MLS® #C12893454

4102-55 Mercer St

$1,070,000

Waterfront Communities C1, Toronto, Ontario M5V 0W4

3
BedroomsBeds
2
BathroomsBaths
800-899 sqft800-899
SizeSq ft

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ToShemeer AhmadVALERY REAL ESTATE INC.
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In short · from the listing record

4102-55 Mercer St is a 3-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $1,070,000 (MLS® C12893454).

Perched on the 41st floor, this stunning southwest corner suite at 55 Mercer offers breathtaking, unobstructed views of the CN Tower, Rogers Centre, the Toronto skyline, and Lake Ontario. Floor-to-ceiling windows flood the home with natural light while showcasing spectacular city views from every room.This rare and highly functional three-bedroom, two-bathroom layout maximizes every square foot with a bright, open-concept living and dining area, a modern kitchen with an island, and seamless access to a private balcony overlooking the city. The versatile third bedroom is perfect for a home office, guest room, or growing family. Completed in 2024, 55 Mercer is one of downtown Toronto's newest luxury residences, located steps from King West, the Financial District, Rogers Centre, and the city's best restaurants, shopping, and entertainment. Residents enjoy world-class amenities across three levels, including a state-of-the-art fitness centre with Peloton pods and HIIT training zones, yoga studio, infrared cedar saunas, co-working spaces, boardrooms, landscaped outdoor terraces, basketball half-court, BBQ areas and a dog run. Parking and locker included. Bonus: Bell high-speed internet is included in the maintenance fees for approximately the next 5 years. A rare opportunity to own a high-floor corner residence with iconic skyline views in the heart of downtown Toronto.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 66Fair

    Condition score

    4 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 30Shortfall

    Cash flow quality

    −$1,814/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 68 condos with 3 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$5,052 / 2025
MLS® number
C12893454
Board
TRREB MLS®
Property Type
Condo Apt
Time on market
Size
800-899 sqft
Listed on
Parking
1 Underground, 1 Parking

Listing history

Listing activity for 4102-55 Mercer St, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,070,000N/APcC12893454

Inside

Room by room

From the listing.

Main5 rooms
  • 2nd Br0.0 × 0.0 m
  • 3rd Br0.0 × 0.0 m
  • Kitchen0.0 × 0.0 m
  • Bathroom0.0 × 0.0 m
  • Living0.0 × 0.0 m
Flat1 room
  • Primary0.0 × 0.0 m

Property

Property Type
Condo Apt
Style
Apartment
Community
Waterfront Communities C1
Municipality
Toronto

Building

Size
800-899 sqft
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Fan Coil

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
St Andrew StationTTC subway: Line 1 Yonge-University600 m
Osgoode StationTTC subway: Line 1 Yonge-University750 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train950 m
St Patrick StationTTC subway: Line 1 Yonge-University1.1 km
King StationTTC subway: Line 1 Yonge-University1.1 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Around it

Condo Apt in Waterfront Communities C1

Active listings only, today.

Condos for sale in Waterfront Communities C1 right now

For sale now
635
Median asking price
$630K

Middle half: $539K to $832K

New in 7 days
76

257 in 28 days

Price cuts
21%

133 listings

This home is asking 70% above the median, higher than three quarters of them.

See all homes in Waterfront Communities C1

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningSee Former City of Toronto By-Law No. 438-86Outside By-law 569-2013: the former municipality’s by-law still sets what may be built. Confirm the rules with the City.
  • PermitsNone on fileNo building permits on file at this address.
  • Signals nearby6 to note35 MERCER ST, Condominium, 30 m away · 15 MERCER ST, Condominium, 70 m away · 277 WELLINGTON ST W, Official plan or zoning amendment, 90 m away · 277 WELLINGTON ST W, Condominium, 90 m away · 277 WELLINGTON ST W, Site plan, 90 m away · 319 KING ST W, Site plan, 110 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 320 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record98 building permits issued within 250 m in the last 2 years
  • devappsOn record20 open development applications within 250 m An application is a proposal: it may change, be refused or never be built.
  • airportOn recordNearest airport: 1.2 km
  • parcelOn recordMapped parcel: about 14,810 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 86 test or monitoring holes also recorded.
  • npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 570 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiOn record2 federal contaminated sites within 1 km All of them are closed. The federal inventory covers federal land only, not provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 30 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Land transfer tax on this home

Ontario land transfer tax
$17,875
Toronto municipal land transfer tax
$17,875
Total land transfer tax
$35,750
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$27,275
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,070,000
$13,400
Ontario total
$17,875

Toronto’s municipal tax uses the same brackets at this price, so it adds another $17,875.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Ogden Junior Public SchoolToronto DSBPublic · grades JK–672%Grade 6 average600 m
  • Bishop Macdonell Catholic SchoolToronto CDSBCatholic · grades JK–884%Grade 6 average700 m
  • Jean Lumb Public SchoolToronto DSBPublic · grades JK–883%Grade 6 average750 m
  • École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–694%Grade 6 average2 km

SecondaryGrade 9 math 2024–25

  • Heydon Park Secondary SchoolToronto DSBPublic · grades 9–128%Grade 9 math1.1 km
  • City SchoolToronto DSBPublic · grades 9–12—1.2 km
  • St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–1296%Grade 9 math1.5 km
  • Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math2.2 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$1,070,000

A month, all in

$6,064

  • Mortgage$4,882
  • Property tax$421
  • Condo or maintenance fee$761

A planning figure, not a quote.

Land transfer tax

$35,750

$27,275 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$4,250

a month, median asking rent of 68 similar homes in Waterfront Communities C1.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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