55 Mercer Condos

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High-Rise Condos in Toronto

55 Mercer Street, Toronto, ON

55 Mercer’s bold design reflects the neighbourhood’s turn-of-the-century architecture.

55 Mercer Condos is a new condo project designed by IBI Group for a respected real estate company founded in 2010, CentreCourt, located at 55 Mercer Street in Toronto, ON. The major intersection is Spadina Avenue and King Street West. The estimated completion date for Mercer Condos is set for January 2023.

Set on a commanding podium, 55 Mercer rises to a soaring 47-story tower with 543 mixed condo units. Units will be a mix of studio, one bedroom, one bedroom plus den, two bedroom, two bedroom plus den, three bedroom, and three bedroom plus den layouts with luxurious modern interior design features, as shown in Figure3. Units will range from 370 square feet to about 1,050 square feet.


Pricing & Fees

  • Est. Maintenance $0.69 / sq ft / month

Deposit Structure

  • Total Min. Deposit - 20%
  • Deposit Notes $5,000 on Signing
  • Balance to 5% in 30 Days
  • 5% in 45 Days
  • 5% in 120 Days
  • 5% in 270 Days

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Floor Plans


CentreCourt’s 55 Mercer Condos is located at 55 Mercer Street, Toronto, in the Waterfront Communities-The Island neighbourhood. It has a 98/100 walk score and a 96/100 transit score, making it a walker’s paradise. Residents have access to popular neighbourhoods such as the Entertainment and Fashion Districts, Chinatown, and Old Toronto, and there are plenty of restaurants, cafes, supermarkets, banks, and drug stores within walking distance. The proximity of this condo to the CF Toronto Eaton Centre will benefit residents and investors. This is the busiest shopping mall in all of North America; it offers a large selection of shops and brands across four floors and a massive food court.

55 Mercer Condos will offer unprecedented views of Toronto’s waterfront. Residents will also be within walking distance of the area verdant greens and parks such as McCaul-Order Park, Grange Park, and Massey Harris Park.

TTC image by Laurence Hamdy from Pexels.com


Residents of 55 Mercer Condos have access to world-class transportation options close to home. TTC streetcars and bus routes all run in the area, and transit stops are just steps away. St. Andrew and Union subway stations are both within walking distance.

With Billy Bishop Airport just a few blocks down the street, long drives to catch a flight are a thing of the past, and transit to Pearson International Airport is simple enough as well.


This condo location is also popular with families because of its proximity to schools that cater to students of all levels. For college students, the condominium is also an ideal off-campus housing alternative. The prestigious University of Toronto campus makes this condo an excellent off-campus living option.

55 Mercer Condos is a popular market for tech companies, with over 240,000 tech-related employment opportunities. The financial district and Hospital Row are also easily accessible, making it the perfect place for professionals of all ages to work.

student image by George Pak from Pexels.com

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CentreCourt logo


CentreCourt is a Toronto-based real estate development corporation that specializes in the construction of high-rise residential communities near vital infrastructure, rapid transit networks, and employment zones (GTA). They are involved in all elements of development, including as site acquisition, zoning, design, sales, construction, and customer service. With 18 residential high-rise projects comprising over 9,000 units and a development value of more than $6.6 billion, one of the most active high-rise developers in the Greater Toronto Area was named ninth on the 2020 Growth List of Canada’s Fastest Growing Companies.

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