1 / 21
For Rent55 Mercer CondosEst Lease Timeframe 8 Days
$2,850/mth
1 Bed
1 Bath
0 Parking
499 SQFT
24 Days on Strata
Listing History
Unit Highlights
Possession Date:
February 1, 2025
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
North West
Locker:
Owned
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Air Conditioning
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Foyer
Double Closet, Mirrored Closet, Hardwood Floor
0 x 0ft
Kitchen
Walkout To Balcony, Built-in Microwave, Backsplash
0 x 0ft
Living
Hardwood Floor, Windows Floor to Ceiling, Combined with Dining
0 x 0ft
About this Listing
BEDROOM & BALCONY, This Breathtaking, Bright Corner Suite @ 55 Mercer Has It All! Stunning Modern 1 Bdrm Unit-9Ft Ceilings-Floor to Ceiling Windows-Professionally Painted-Designer Benjamin Moore Paint W/Accent Walls! Steps From King St, Rogers Centre, Transit, The Well, Shopping, Restaurants, Harbourfront-24 Hr Concierge- Outdoor Basketball Court-Outdoor Fitness Centre-Gym-Yoga-Guest Suites- -Party Rm ++,Furnished
Extras,1 Locker Included! Incl: Integrated Fridge, Cooktop, Stainess Steel B/I Oven, Hood Fan, B/I Dw & B/I Microwave ,Washer, Dryer, Upgraded Elf's
right at home realtyMLS® #C11821704
Amenities
Sauna
Concierge
Gym Room
Indoor Parking
BBQs Allowed
Business Centre
Explore Neighbourhood
Unknown
Walkability
Unknown
Transit
Unknown
Bikeability
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
24,225
Average Individual Income
$66,367
Average Household Size
3 persons
Average Age
0
Average Household Income
$109,098
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
36%
Detached
33%
Semi Detached
21%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
9%
Tamil
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
9%
Humanities
6%
Physical Sciences
5%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Maintenance Fees
55 Mercer Condos vs The King West Area
Building Trends At 55 Mercer Condos
Days on Strata
Units at 55 Mercer Condos spend an average of
41
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
N/A
Property Value
0%
Increase in property value within the past twelve months
Price Ranking
6th
Highest price per SQFT out of 101 condos in the King West area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
344
Units were Rented over the past twelve months
Best Value Rank
55 Mercer Condos offers the best value out of 101 condos in the King West neighbourhood
?
N/A
Appreciation Rank
55 Mercer Condos has the highest ROI out of 101 condos in the King West neighbourhood
?
N/A
Rental Yield
55 Mercer Condos yields the highest rent prices out of 101 condos in the King West neighbourhood
?
N/A
High Demand
55 Mercer Condos is the most popular building out of 101 condos in the King West neighbourhood
?
N/A
Transaction Insights at 55 Mercer Street
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|---|
| Price Range | $426,000 - $432,000 | $540,000 | $700,000 - $815,000 | No Data | No Data | $1,073,000 | No Data |
| Avg. Cost Per Sqft | $1,192 | $1,269 | $1,241 | No Data | No Data | $1,339 | No Data |
| Price Range | $1,850 - $2,400 | $1,990 - $2,999 | $2,200 - $3,500 | $2,500 - $3,780 | $2,600 - $3,400 | $3,350 - $4,600 | $3,900 - $4,500 |
| Avg. Wait for Unit Availability | 69 Days | No Data | 76 Days | No Data | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 6 Days | 3 Days | 4 Days | 6 Days | 19 Days | 11 Days | 44 Days |
| Ratio of Units in Building | 14% | 33% | 30% | 11% | 4% | 9% | 2% |
Transactions vs Inventory
Total number of units listed and leased in King West
