| Common Elements Included | |
| Building Insurance Included |




















































1007 - 55 Mercer Street
Waterfront Communities C1, Toronto
$499,900
Modern open-concept 1 bedroom suite in the heart of Downtown Toronto's entertainment district. Offering 459 sqft of thoughtfully designed living space, this stylish unit features 9ft ceilings, laminate floors throughout, floor-to-ceiling windows, contemporary finishes, quality kitchen appliances and in-suite laundry. Residents enjoy over 18,000 sqft of luxury indoor & outdoor amenities including a stunning fendi-furnished lobby, state-of-the-art fitness centre, yoga studio, outdoor basketball court, BBQ area, private workspaces, rooftop terrace, party lounge and 24hr concierge. Steps to Union Station, the financial district, TTC, CN Tower, Rogers Centre, TIFF Bell Lightbox, The Well, top restaurants, nightlife and the waterfront walkway. Experience the ultimate urban lifestyle in one of Toronto's most vibrant neighbourhoods.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $362 |
| Locker | None |
| Balcony | None |
| Exposure | West |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | Underground |
| Property Tax | $2,850 |
| mls© Number | C13665598 |
| Listed By | RE/MAX PREMIER INC. |
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%
- $2,559
- Property tax
- $238
- Heat allowance
- $150
- Condo fees, half counted
- $181
- Housing costs
- $3,127 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$96,000
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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