






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$729,000
Bedrooms
1 Beds
Bathrooms
2 Baths
Size
600-699 sqft
Year Built
0-5
Property Type
Condo
Property Taxes
$3958.96
Experience the Ultimate "Live-Work-Play" Lifestyle at 55 Mercer. A true 100/100 Transit and Walk Score lifestyle-you are steps away from experiencing life in the heart of the city, surrounded by world-renowned monuments and the vibrant energy of the Entertainment and Financial Districts. This impeccably designed 1+Den, 2-Bath unit features a flawless, functional rectangular layout with zero wasted space. The versatile den is equipped with sliding doors, making it an ideal second bedroom or a private home office. Bathed in natural light from its southern exposure, this unit offers a bright and airy atmosphere in the heart of the city. Whether you're looking for a vibrant urban lifestyle or a high-yield investment, this unit delivers on every front. A perfect blend of convenience, modern aesthetics, and a truly unbeatable location. Rare Turn-Key Opportunity for Invistors! Exceptionally clean and professional AAA tenant willing to stay. Nestled in a prime, high-demand area with historically low vacancy rates. Start colleting rent from the closing day without any hassle.
Unit Number
1111
Maintenance Fee
$506.52/month
Inclusions
None included
Building Insurance
Yes
Exposure
South
Locker
Not listed
Parking Type
None
Pet Policy
Yes-with Restrictions
Property Manager
360 Community Management
Stories
11 floors
Condo Corp Number
3016
Water
Not included
Hydro
Not included
Cable
Not included
Heat
Not included
Parking
Not included
Taxes
Not included
Total Monthly Payment
$0 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$583,200
Total Interest Payments
$359,579
Total Payment (Principal + Interest)
$942,779
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Toronto, ON M5V 2V6
Listed By: PG DIRECT REALTY LTD.

Toronto, ON M5J 0B5
Listed By: BAY STREET GROUP INC.

Toronto, ON M5V 0M2
Listed By: HOMELIFE LANDMARK REALTY INC.

Toronto, ON M5V 0M2
Listed By: HOMELIFE/BAYVIEW REALTY INC.

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.