| Heat Included | |
| Building Insurance Included | |
| Common Elements Included |
New2 hours ago
3212 - 55 Mercer Street
Waterfront Communities C1, Toronto
$699,900
Condo Apartment |
2 | 2 | 0 | 1
About this home
55 Mercer in the heart of downtown. Spectacular south facing, city views- some of the best in downtown!! 2 bedroom, 2 full bathroom floor plan! So much natural light from the large windows! High end finishes and integrated appliances. Sizeable and open concept kitchen and living area with oversized south facing windows. Brand new roller shades installed. Incredible walk score to CN Tower, Rogers Ctr and Financial district.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | New |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $542 |
| Locker | Exclusive |
| Balcony | None |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $4,059 |
| mls© Number | C13730600 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
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%
- $3,582
- Property tax
- $338
- Heat allowance
- $150
- Condo fees, half counted
- $271
- Housing costs
- $4,342 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $139,980
25-yr amortization
Income needed
$134,000
gross annual household income
- Payment at 4%
- $2,945 / mo
- Cash down
- $139,980
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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