| Common Elements Included | |
| Building Insurance Included |
New6 days ago
2807 - 55 Mercer Street
Waterfront Communities C1, Toronto
$499,900
Condo Apartment |
1 | 1 | 0 | 1
About this home
Experience Downtown Living At Its Finest In This Stylish 1-Bedroom Suite At 55 Mercer! Featuring Large Windows, A Bright Open-Concept Layout And Sleek Built-In Stainless Steel Appliances. Enjoy An Impressive Collection Of Amenities Including 24-Hour Concierge, State-Of-The-Art Fitness Centre With Peloton Pods, Yoga Studio, Sauna, Outdoor Basketball Court, Private Dining Room, Guest Suites, Party Room And Outdoor Lounge With BBQs And Firepit. Ideally Located In The Heart Of Toronto's Entertainment District, Steps To King Street Transit, Restaurants, Cafes, Theatres, TIFE Bell Lightbox, Rogers Centre, CN Tower, The financial District And PATH
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $397 |
| Locker | Owned |
| Balcony | Juliette |
| Exposure | North |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,881 |
| mls© Number | C13673596 |
| Listed By | RE/MAX REALTRON REAL REALTY TEAM |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $240
- Heat allowance
- $150
- Condo fees, half counted
- $199
- Housing costs
- $3,147 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $99,980
25-yr amortization
Income needed
$97,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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