55 Mercer Street 4805, Toronto C01

$499,000
55 Mercer Street 4805

$499,000

New
7d
Condo ApartmentApartment

55 Mercer Street 4805, Toronto C01

Total Monthly Obligation $2,843

Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
7d
Score
18
Yield
5.1%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-C14085726
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,039 (2025)
Maintenance-$376.94/mo
Locker-None
Parking-None
Basement-None
Heating-Fan Coil (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60-89 days
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Luxury awaits on the 48th floor of 55 Mercer! This premium 1-bedroom corner suite offers an exceptionally bright, highly efficient layout with zero wasted space. Wrap-yourself in stunning panoramic views through soaring floor-to-ceiling windows that flood the home with natural light. The modern kitchen features seamless built-in appliances, quartz counters, and sleek cabinetry. Enjoy a grand FENDI-furnished lobby and over 18,000 sq ft of elite 6-star amenities:a multi-floor fitness centre with Peloton pods, infrared saunas, a dedicated co-working space with private boardrooms, a half-court outdoor basketball court, a dog run, and 24hr concierge.Unbeatable location in the heart of the Entertainment District-steps to the PATH, St.Andrew/Union stations, King West dining, Rogers Centre, and TIFF Lightbox. Perfect for young professionals or savvy investors looking for a high-demand turn-key asset!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,843/mo
Mortgage $2,013
Monthly Loss $2,313
Principal$530
Interest$1,483
Property Tax$253
Condo Fees$377
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.6%21
10-Year IRR
8.8%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,560/yr
NOI
$13,042/yr
Net Cash Flow
-$926/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 55 Mercer Street 4805

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.