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For Lease

55 Mercer Street 503 #503

Waterfront Communities C1, Toronto, ON
$2,550
1+1Bd
1Ba
550+sqft
0Parking
$5/sqft
CondoMLS# C12890062Listed 2026-03-1749 DOM
Cooling
Central Air

On the market for 49 days — longer than average. The seller may be open to negotiation.

About this home

Welcome to 55 Mercer Condos, located in the heart of Toronto's vibrant Entertainment District! This modern 1-Bedroom + Den, 1-Bathroom suite features a versatile den with a glass sliding door, perfect for a home office or guest space. Enjoy exceptional convenience with a 100 Transit Score and 98 Walk Score, placing you just steps from some of Toronto's most iconic destinations, including the Rogers Centre, CN Tower, and Union Station, along with world-class dining, shopping, and entertainment. Residents have access to an impressive selection of premium building amenities, including 24-hour concierge and security, visitor parking, guest suites, a fully equipped fitness centre, electric vehicle charging stations, and a beautifully designed rooftop terrace and garden. Experience the best of downtown living in one of Toronto's most exciting and sought-after neighbourhoods.

Rooms

Main Floor
Primary Bedroom3.07 × 2.77 m
Den2.74 × 1.83 m
Kitchen7.98 × 2.74 m
Living Room7.98 × 2.74 m
Dining Room7.98 × 2.74 m

Features

  • Carpet Free
  • None
  • Central Air
  • Apartment

Financials

Estimated Rental Income

Entire property$2,100 – $2,800/mo
Rental yield988.2% – 1317.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market49 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,550
55 Mercer Street 503, Toronto
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