Bungalow on Mercer Condos

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High-Rise condos in Toronto

24 Mercer St, Toronto, ON

Experience luxury boutique loft living on the upscale, historic Mercer Street, located in Toronto’s thriving Entertainment District!

Bungalow on Mercer Condos is a high-rise condo development by a renowned Canadian real estate firm, Kalovida Canada Inc., located at Mercer St. and John Street in Toronto, ON. The condo project was completed in the spring of 2021.

The development has 18 stories and will feature a total of 12 condo units. This luxury development has all units ranging in size between 1,108 and 2,490 square feet. All suites will be 1, 2, or 3-bedroom condos and will be packed with high-end amenities. The project is well-designed and incorporates elements of sustainability and modernism. Scott Shields Architects are handling the architecture of the development.

This Toronto condo for sale starts at around $2 million!


Pricing & Fees

  • Est. Maintenance $1.50 / sq ft / month
  • Est. Property tax 1% of the price / year

Deposit Structure

  • Total Min. Deposit 25%
  • Deposit Notes
  • $35,000 Due on Signing Balance to 5% in 30 days 5% in 180 days 5% in 365 days 5% in 540 days 5% on occupancy

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Floor Plans


Kalovida Canada Inc.’s Bungalow on Mercer Condos is a condominium development now complete, located at 24 Mercer Street, Toronto, in the Waterfront Communities—The Island neighbourhood with a 98/100 walk score and a 100/100 transit score. With an exceptional walk score, residents of this development can walk down the street to check daily chores off their list. Just steps away from many Toronto icons—the Skydome, the Royal Alexander Theatre, Roy Thompson Hall, the Art Gallery of Ontario, and The Bell Lightbox—Bungalow on Mercer resides within Toronto’s Downtown Entertainment District, surrounded by a vibrant restaurant scene and flourishing nightlife.

This highly versatile neighbourhood also allows residents to get outside and enjoy the great outdoors. Nearby spaces like Grange Park, Simcoe Park, Bobbie Rosenfeld Park, and much more are only within walking distance from the condo.

Union station image by Thomas Ward from Pexels.com


This neighbourhood is a premier location in Toronto’s real estate market. It has a meticulous meshwork of roads and subway lines passing through it, ensuring that residents have an easy commute. Commuters are only walking distance from St. Andrew Station and Union Station.

This establishment is just a few miles away from the Gardiner Expressway, allowing for seamless travel throughout the city, the GTA, and beyond.


The neighbourhood is also family-friendly because of the large number of schools present here. This area has both public and private schools, from kindergarten through secondary and high school education.

Bungalow on Mercer Condos is also an amazing opportunity for real estate investors. University and college students are close to the University of Toronto, York University, and Northeastern University, which are only a 10-minute drive away.


University of Toronto image from Pixabay.com

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Kalovida Canada Inc.


Kalovida Canada Inc. builds boutique residential residences in Toronto’s most desirable neighbourhoods. The firm is well-known for its excellent construction quality, best-in-class finishes, and unrivalled building locations. It is a division of the German-based real estate developer Kalovida Grundbesitz GmbH, which specializes in unique high-end residential complexes. The company owns and develops two of the most well-known residential complexes in Bad Nauheim, a wellness city with rapid and efficient connections to Frankfurt that is gradually developing as a global model. Kalovida Grundbesitz GmbH has expanded its portfolio by beginning the second phase of one of its flagship projects, Parkstraße 11–13. With a passion for constructing urban luxury apartments, the company is replicating its successful German business model in Toronto, culminating in the establishment of Kalovida Canada Inc. in November 2016.

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