$2,300
55 Mercer Street LPH05, Toronto C01, ON M5V 0W4
1 Beds
1 Baths
0 Parking
Visually searched imagetype this out for meRare Penthouse Corner Unit with Spectacular Unobstructed Lake Ontario & City Skyline Views! One of the most desirable layouts in the building, this bright and sun-filled suite features floor-to-ceiling wraparound windows showcasing breathtaking panoramic views and stunning sunsets with no buildings blocking your scenery. Enjoy your private balcony where you can sit back, relax, and take in the lake and skyline views day or night. Modern open-concept layout with premium finishes, built-in appliances, 9-ft ceilings, and a functional design perfect for luxury downtown living. Bonus: Internet Included. Residents enjoy access to the exclusive Mercer Club featuring a state-of-the-art fitness centre, Peloton pods, yoga studio, basketball court, outdoor fitness area, co-working spaces, outdoor lounges, BBQ areas, guest suites, and 24-hour concierge. Prime downtown location steps to the Financial District, PATH, transit, Rogers Centre, CN Tower, top restaurants, cafés, theatres, and entertainment.

Property Summary

Property Type Residential Condo & Other
Property Sub Type Condo Apartment
Transaction Type For Lease
Style Other
Approximate Age 0-5
Bedrooms Above Grade 1
Bathrooms 1
Kitchens 1
Basement None
Exposure North West
Possession Immediate

Building

Building Type Condo Apartment
Portion for Lease Not specified by MLS
Square Footage 0-499
Exterior Concrete
Roof Unknown
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No
Laundry Ensuite

Measurements

Total Living Area 0-499

Land

Address 55 Mercer Street LPH05, Toronto C01, ON M5V 0W4
City Toronto C01
Community Waterfront Communities C1
County / Area Toronto
Cross Street King St W & Blue Jays Way

Parking and Garage

Total Parking 0
Garage Spaces 0
Garage Type Underground
Parking Features None

Condo / Maintenance

Locker None
Pets Yes-with Restrictions
Condo Corporation TSCC

Taxes and Listing Info

List Price $2,300
Status Active
Listing Date 2026-05-26T13:06:35Z
Updated 2026-05-26T13:06:35Z
MLS Number C13173520
Local Market Insight

What Buyers Should Know About 55 Mercer Street LPH05, Toronto C01, ON M5V 0W4

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

55 Mercer Street LPH05, Toronto C01, ON M5V 0W4 is positioned in Waterfront Communities C1, a part of Toronto C01 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Other, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Condo Apartment should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to King St W & Blue Jays Way, public transit options, parking availability, and drive times to employment areas. A property with 0 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $2,300, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 1 bedrooms, 1 bathrooms, basement details marked as None, and a lot size of to be reviewed, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto C01, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Waterfront Communities C1. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 55 Mercer Street LPH05, Toronto C01, ON M5V 0W4, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.