For Lease
Just Listed
55 Mercer Street 2503 #2503
Waterfront Communities C1, Toronto, ON
$1,950
0Bd
1Ba
250+sqft
0Parking
$8/sqft
CondoMLS# C13020506Listed 2026-04-200 DOM
Cooling
Central Air
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Experience the perfect fusion of style, comfort, and convenience at 55 Mercer.This thoughtfully designed studio features sleek modern finishes and a smart, functional layout ideal for both comfortable living and working from home.Located in the heart of downtown Toronto, step outside and immerse yourself in the city's vibrant core, with TTC access, luxury shopping, theatres, restaurants, and cafés just moments away.Residents enjoy world-class amenities designed to support productivity, wellness, and relaxation. Spanning three levels, the building offers a two-storey fitness centre with premium equipment, personal training areas, Peloton pods, and HIIT zones, along with a yoga studio and infrared cedar saunas. Work from home with ease in modern co-working spaces, private meeting rooms, and a fully equipped boardroom. Outdoor features include landscaped terraces, a basketball half-court, and a convenient dog run.Live where downtown Toronto truly comes alive.
Features
- Built-In Oven
- None
- Central Air
- Apartment
Financials
Estimated Rental Income
Entire property$1,800 – $2,400/mo
Rental yield1107.7% – 1476.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market0 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%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Our estimate for this home
Estimated range
$225K – $262K
Mid-point $244K · ~$975/sqft
How this listing compares
$225KList · $2K$262K
High confidence·Based on 525 waterfront communities c1 comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
92
/ 100
Walk Score
Walker's Paradise
78
/ 100
Transit Score
Excellent Transit
67
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.
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