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PRE-PUBLIC OFFERING • FOLLOW FOR UPDATES

55 Mercer Condos

By CentreCourt Developments

55 Mercer Street Toronto Ontario

Selling From

Feb 2020

Occupancy

Jan 2023

PRE-PUBLIC OFFERING

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Average Income

$83,763

Population Age

34 y/old

School Score

7.00/10

Price Index Change 1y

+6.56%

Price Index Change 3y

+47.08%

Rent Index Change 1y

+3.00%

Rent Index Change 3y

+20.82%

55 Mercer Condos

55 Mercer Condos is not selling yet. Information is limited. Follow for updates.

Follow this project for the time-sensitive updates on prices, floor plans and allocations.

UNIT RESERVATION FORM

Selling From:	February, 2020
First Occupancy:	Jan 2023
Storeys:	47
Units:	543
Floor Plans	Studio / 1B / 1B+D / 2B / 2B+D /
Deposit Total, pct:	20
Deposit Structure:	- $5,000 on Signing (Bank Draft is MANDATORY) - Balance of 5% in 30 days - 5% in 90 / 270 / 540
Amenities	- 24-Hr Concierge - 18,000 Sq. Ft. of Indoor/Outdoor Amenities – Over Three Floors - 24-Hr Indoor Fitness Centre / Peloton Bikes - Outdoor Fitness Space and Basketball Court - Outdoor BBQs and Fire Pits - Shared Co-Working Space - Entertainment Room - Prime Ground Floor AAA Retail - Pfaff EV Car Share - Pfaff/Motus On-Demand Valet Service - Fendi Furnished Lobby Suite Finishes: - o9’ Smooth Ceilings - Integrated Stainless-Steel Appliances - Laminate Flooring - Quartz Countertops - Stacked Washer/Dryer
Last Updated:	2020-03-11

55 Mercer Condos Overview

This is 55 Mercer. A place, unequalled. In the heart of everything. RESIDENCES COMING EARLY 2020.

55 Mercer Condos Project Details

55 Mercer Condos is a new condo development by CentreCourt currently in preconstruction at 55 Mercer Street, Toronto. Sales for available units range in price from $600,000's. 55 Mercer Condos has a total of 543 units. Sizes range from 375 to 1050 square feet.

The Entertainment District is an always-changing neighborhood and CentreCourt Developments’ newest pre-construction condominium, 55 Mercer Condos is one you do not want to miss. This 47-storey building designed by IBI Group has a superior location that provides Toronto’s finest shopping, dining, transportation, and entertainment options. A majority of the 543 units are one-bedroom units accompanied by great amenities on the sixth, seventh, and eighth floors.

CentreCourt Developments has been a game-changer in developing high-rise residences in the Greater Toronto Area (GTA). Their principles of choosing top-notch locations near major amenities, rapid transit networks, and employment areas make all their projects well-desired and valuable to investors and homebuyers. Currently, they have $4.4 billion under 18 buildings in various stages of development.

Architect Team was founded in 1974, with their first two offices in Toronto and Vancouver, IBI Group has experienced rapid growth with over 60 offices in North America, Europe, Asia, and the Middle East. Their superior service quality, ideals, and their integration of sustainable practices are all factors that have led to their escalated growth and secured them a positive reputation in the industry!

55 Mercer Condos Project Features

No detailed information is available at the moment.

Follow this project for the time-sensitive updates on prices, floor plans and allocations.

We are focused on the development of well thought out high-rise condominiums located in close proximity to Toronto’s major amenities, rapid transit network and employment areas. We believe that this approach to development will contribute to the vibrancy, sustainability and competitiveness of Toronto. We currently have five high-rise residential condominium projects in development throughout downtown Toronto, collectively representing approximately 2,500 homes and one billion dollars of development value.We strive to exceed customer expectations and be leaders in our industry. Our developments are collaborative endeavours undertaken with best-in-class planners, architects, interior designers and construction trades in order to ensure that the homes we develop are of the highest quality standard.We take great pride in the positive impact that our developments have on their home owners and the communities that they are a part of. We are accountable to our customers, communities, partners and each other for the work that we produce and the actions that we take.Thank you for taking the time to explore our website and learn more about us.

Incentives from CondosDirect

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Project Forms & Documents

Floor Plans Toronto Path Network CBRE Tech Analysis Mercer Project Fact Sheets Price list Incentives Brochure Top Reasons To Buy

2020-03-11 Inventory Update

The project is almost SOLD OUT. Last call.

Ther are 13 units in the 55 Mercer condos left. This units come back after 10 days cooling period. The project is SOLD OUT and only these 13 units are left.
Let us know if you want to buy! Floorplans and deposit structure available on our site condosrirect.net.
These units only available to a few selected brokers.
We are not authorized to publish these units online, so

Please reply to condosdirect@itrealty.ca ASAP if interested.

Prices from $602,990 to 1,011.990
Floors from 6 to 22
Studios to 2 Beds + Den
North, South and West views available.

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Travel Times

30 min

Commute

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0 min 60 min

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Walkscore

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Review detailed information about nearby schools, parks, transit, safety and convenience.

Schools

Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

School	Type • Program • Language	Rating	Avg Income	Home Price Index
Ogden Junior Public School (Grades JK–06) 33 Phoebe St, Toronto, ON M5T 1A8, Canada	Public • Elementary • English	Good	$66,542	$820,757
Harbord Collegiate Institute (Grades 09-12) 286 Harbord St, Toronto, ON M6G 1G5, Canada	Public • Secondary • English	Excellent	$69,125	$1,023,678

Click on schools in the table above to display school boundaries on the map.

Neighborhood School Ratings

	Fraser Institute	EQAO
Lowest	6.20 / 10	63 / 100
Highest	6.30 / 10	77 / 100
Average	6.3 / 10	70 / 100

The following EQAO Ratings were used:
• Elementary Schools:
Grade 6 Reading, Writing and Mathematics
• Secondary Schools:
Grade 9 Academic Mathematics

55 Mercer Condos Investor's Outlook Powered by AIDA

Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C1, Toronto, to the City of Toronto for the projects listed on our site.

Comparative analysis of 55 Mercer Condos location's Walkscore, Transitscore, Bikescore and Schoolscore.

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55 Mercer Condos Comparative Analysis Powered by AIDA

Compare 55 Mercer Condos location's performance indicators to other projects, listed on our site.

55 Mercer Condos Price Index vs Rent Index Chart

Price Index vs Rent Index Explained

Home Price Index of $742,039 and $2,640 Rent Index are based on known 12 months sales history in Waterfront Communities C1, Toronto, where 55 Mercer Condos will be built.
The Home Price Index in this neighborhood is slightly below the average among 277 projects. And the Home Rent Index is slightly above the average.

Follow 55 Mercer Condos for the time-sensitive updates on prices, floor plans and allocations.

55 Mercer Condos Home Appreciation vs Rent Growth 1y Chart

Home Appreciation vs Rent Growth 1y Explained

Home Appreciation of +6.56% and +3.00% Rent change is based on known 24 months sales history in Waterfront Communities C1, Toronto, where 55 Mercer Condos will be built.
The Home Price Appreciation in this neighborhood is slightly below the average among 273 projects. And the Rent Demand is slightly above the average.

Follow 55 Mercer Condos for the time-sensitive updates on prices, floor plans and allocations.

55 Mercer Condos Home Appreciation vs Rent Growth 3y Chart

Home Appreciation vs Rent Growth 3y Explained

Price Appreciation of +6.56% and +3.00% Rent change are based on known 4 years sales history in Waterfront Communities C1, Toronto, where 55 Mercer Condos will be built.
The Home Price Appreciation in this neighborhood is the top 25% among 277 projects. And the Rent Demand is slightly above the average.

Follow 55 Mercer Condos for the time-sensitive updates on prices, floor plans and allocations.

Walkscore vs Transitscore Chart

Walkscore vs Transitscore Explained

Walkscore of 99 and 100 Transitscore are calculated for the exact location of 55 Mercer Condos project, and can be described as Walker's Paradise and Rider's Paradise accordingly.

Follow 55 Mercer Condos for the time-sensitive updates on prices, floor plans and allocations.