RARE 3+1 BEDROOM WITH PARKING & LOCKER IN THE HEART OF DOWNTOWN TORONTO!** Welcome to the prestigious No. 55 Mercer Residences, where luxury, space and urban convenience come together! Offering approximately 1,050 sq. ft. of living space, this exceptional 3+1 bedroom, 2 bathroom suite delivers a rare combination of size, versatility and functionality in Toronto's vibrant Entertainment District. Three bedrooms plus a flexible den offer ample space for families, professionals, guests or a home office. Complete with ONE PARKING SPACE AND LOCKER, highly sought-after conveniences in the downtown core! Experience an extraordinary lifestyle with approximately 18,000 sq. ft. of indoor and outdoor amenities spanning three levels, including a stunning FENDI-furnished lobby, 24-hour concierge, state-of-the-art fitness centre, Peloton bikes, yoga studio, sauna, outdoor fitness area, basketball court, co-working spaces, boardroom, private dining and entertainment areas, guest suites, outdoor lounges, BBQ facilities and fire pits. Enjoy the best of downtown living with King West, the Financial District, PATH network, TTC, Union Station, Rogers Centre, CN Tower, Scotiabank Arena, theatres, shopping, exceptional restaurants and Toronto's waterfront all within easy reach. Whether you're working from home, raising a family, entertaining or investing, this spacious residence offers the perfect balance of comfort, convenience and an exciting urban lifestyle. **AN OUTSTANDING OPPORTUNITY TO OWN A SPACIOUS 3+1 BEDROOM RESIDENCE WITH PARKING AND LOCKER IN ONE OF TORONTO'S MOST EXCITING DOWNTOWN COMMUNITIES!
About this home
Photos of 509 - 55 Mercer Street
Facts and features of 509 - 55 Mercer Street
| Type | Condo Apartment |
|---|---|
| Style | 1 Storey/Apt |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Size | 1000-1199 sq ft |
| Parking | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | None |
| Exterior | Concrete |
| Taxes | $5,399 (2026) |
| Maintenance fee | $893 a month |
| Days on market | 6 |
| Listing brokerage | RE/MAX REAL ESTATE CENTRE INC. |
Around this home
What’s near 509 - 55 Mercer Street
From 509 - 55 Mercer Street, the nearest station is St Andrew station (Line 1 Yonge-University), about 650 m away; the nearest grocery store is Foodlane, about 50 m away; the nearest TDSB elementary school is ALPHA Alternative Junior School, about 500 m away; and the nearest park is Clarence Square, about 200 m away.
Transit
- St Andrew station Line 1 Yonge-University about 650 m
- Osgoode station Line 1 Yonge-University about 750 m
- Union station Line 1 Yonge-University about 950 m
Groceries and pharmacies
- Foodlane Grocery about 50 m
- Shoppers Drug Mart Pharmacy about 100 m
- Bulk Barn Grocery about 150 m
- Bestco Grocery about 300 m
- Rexall Pharmacy about 400 m
Parks
- Clarence Square Park about 200 m
- Robert Grasett Park Park about 250 m
- Isabella Valancy Crawford Park Park about 300 m
Schools
- ALPHA Alternative Junior School TDSB elementary · JK-6 about 500 m
- Ogden Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 77% · Gr 6 math 53% about 600 m
- Delta Senior Alternative School TDSB middle school · 7-8 about 2.6 km
- Bishop Macdonell Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 97% · Gr 6 math 64% about 650 m
- Oasis Alternative Secondary School TDSB secondary · 9-12 about 500 m
- St Michael's Choir (Sr) School Catholic secondary · 9-12 EQAO 2024-25: Gr 9 math 96% · Gr 10 literacy 100% about 1.6 km
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Community
- Harrison Baths and Swimming Pool Pool or arena about 650 m
- The University Settlement Recreation Centre Community centre about 750 m
- Great Library Library about 900 m
Private schools
- Girls
- Branksome Hall JK to Grade 12 about 3.5 km
- Boys
- Royal St. George's College Grades 3 to 12 about 3.1 km
- Co-ed
- University of Toronto Schools (UTS) Grades 7 to 12 about 2.5 km
- Paul Penna Downtown Jewish Day School JK to Grade 8 about 2.5 km
- The Rosedale Day School JK to Grade 8 about 2.6 km
- Howlett Academy JK to Grade 8 about 2.7 km
Within a 40-minute walk, from our list of private schools in central Toronto (checked October 2026). Fees and admissions on each school’s site. See all private schools
Restaurants
- Pizza Rustica Restaurant & Bar Google reviews about 0 m
- Oasis Rooftop Lounge Google reviews about 50 m
- DiVino Google reviews about 50 m
- Sen5es Google reviews about 50 m
- Abrielle Google reviews about 100 m
Places: OpenStreetMap contributors, October 2026. Straight-line distances. Schools: EQAO 2024-25, Ontario Ministry of Education.
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509 - 55 Mercer Street
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509 - 55 Mercer Street
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
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.
Royal LePage Terrequity Seymour Real Estate, Brokerage. Independently owned and operated.
MLS® C14113248 Data source: PropTx Listed October 23, 2026
