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Highlights

  • Pet Friendly

Location

55 Mercer St #520, Toronto, ON M5V 0W4, CAN|Entertainment District

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Contact

Rent Panda (Rent Panda)

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(437) 475-0992

Property Overview

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Images available

Great for

  • Eco living

Amenities for 55 Mercer St #520, Entertainment District

Features

DryerFreezer

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
Range/OvenRefrigerator

Community

Cats OKDogs OK
Fitness CenterOnsite Laundry
Residents LoungeSewage

Grounds

Outdoor SpaceStorage

Services

Concierge Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 55 Mercer St #520

HomeApartments in TorontoEntertainment District 55 Mercer St #520, Toronto, ON M5V 0W4, CAN
sweet deal icon
Sweet deal!
This listing is 43% below the median price for 2 bedroom apartments in Entertainment District.

🔥 Chic & Stylish 2-Bed, 2-Bath Condo in the Heart of Downtown Toronto! 📍 55 Mercer Street, Toronto, ON M5V 0W4 🏡 712 Sq. Ft. | 2 Bed | 2 Bath | 1 Storage Locker Included! 💰 Tenant Pays Hydro, Water & Heat 📅 Available: July 1st ✨ Modern Living at Its Finest! Welcome to 55 Mercer Street, where luxury, style, and convenience come together in one of Toronto’s most sought-after locations. This gorgeous 2-bedroom, 2-bath condo features a spacious open-concept layout, high-end modern finishes, and floor-to-ceiling windows that flood the space with natural light. The thoughtfully designed kitchen and living area flow seamlessly into a cozy master bedroom with an en-suite bathroom, while the second bedroom offers flexibility for guests, a home office, or a personal retreat. 🏙️ Prime Downtown Location – Live in the Center of It All! ✔ Steps from Toronto’s Best Attractions: Scotiabank Arena, CN Tower, Rogers Centre, and Metro Toronto Convention Centre all within minutes! ✔ Surrounded by Top Restaurants & Cafés: Starbucks, Tim Hortons, McDonald's, A&W, and more at your doorstep. ✔ Shop with Ease: Walk to Mike’s Independent City Market Toronto, grocery stores, and premium retail outlets. ✔ Effortless Commuting: Minutes to Spadina Ave, Gardiner Expressway, public transit, and Union Station. ✔ Close to World-Class Hotels & Entertainment: Toronto Marriott City Centre, Delta Hotels Toronto, Holiday Inn, and Sheraton—all nearby! 🏢 Resort-Style Building Amenities 🏋️ State-of-the-Art Fitness Centre – Includes weights, fitness machines, and Peloton bikes. 🧘 Yoga Room & Sauna – Relax, recharge, and find your Zen. 🏀 Outdoor Basketball Court & Fitness Area – Stay active with fresh air and stunning city views. 💼 Co-Working Space & Lounge Areas – Perfect for remote professionals. 🔥 Outdoor BBQ & Fire Pits – Ideal for entertaining friends and family. 🎉 Guest Suites & Party Room – Host in style with premium building amenities. 👮 24/7 Security & Concierge – Enjoy peace of mind with round-the-clock security. ✅ Move-In Ready – Your Perfect Urban Oasis Awaits! This modern downtown condo offers the ultimate luxury lifestyle in an unbeatable location. Perfect for families, professionals, and urban dwellers looking for a vibrant city life! 📆 Schedule Your Viewing Today – This Rare Opportunity Won’t Last!


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 55 Mercer Street, Toronto, ON M5V 3W2, CAN compares to other nearby properties.

Positives

Images available
There are at least 10 photos of this address

Considerations

No laundry facilities available
This property doesn't offer on-site or in-unit washers and dryers

Address details

NeighborhoodEntertainment District
Post codeM5V 0W4
TypeCondo for rent

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Rent trends in Entertainment District

2-bedroom apartments at 55 Mercer St #520 cost about 43% less than the average rent price for 2-bedroom apartments in Toronto.

Median rents as of May 9 2026.
Entertainment District
Toronto
A table of 2-bedroom apartment rental data trends in Toronto
MonthMedian Rent
May 2024$3,150
June 2024$3,103
July 2024$3,049
August 2024$3,092
September 2024$3,043
October 2024$2,997
November 2024$2,961
December 2024$2,948
January 2025$2,993
February 2025$2,976
March 2025$2,901
April 2025$2,860
May 2025$2,850
June 2025$2,850
July 2025$2,816
August 2025$2,799
September 2025$2,778
October 2025$2,764
November 2025$2,748
December 2025$2,739
January 2026$2,719
February 2026$2,708
March 2026$2,693
April 2026$2,684
May 2026$2,646
A table of 2-bedroom apartment rental data trends in Entertainment District
MonthMedian Rent
May 2024$3,200
June 2024$3,215
July 2024$3,362
August 2024$3,490
September 2024$3,532
October 2024$3,436
November 2024$3,349
December 2024$3,306
January 2025$3,523
February 2025$3,764
March 2025$3,867
April 2025$3,825
May 2025$3,601
June 2025$3,430
July 2025$3,376
August 2025$3,491
September 2025$3,491
October 2025$3,617
November 2025$3,922
December 2025$4,008
January 2026$3,874
February 2026$3,376
March 2026$4,142
April 2026$4,762
May 2026$4,765

Affordability calculator

Can I afford to live at 55 Mercer St #520?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$103,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $103,400 annually to afford this 2-bedrooms monthly rent price of $2,585.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 55 Mercer St, Toronto, ON.
1 year ago$2,3001 bed1 bath
1 year ago$2,4752 bed1 bath
2 years ago$2,5002 bed1 bath
2 years ago$2,5001 bed1 bath
2 years ago$2,9002 bed2 bath
2 years ago$2,5001 bed2 bath
2 years ago$2,1001 bed1 bath
2 years ago$2,100Studio1 bath
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Internet available near 55 Mercer St #520

Neighborhood

Entertainment District | Toronto, ON

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Toronto near 55 Mercer St #520

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
Roads are accessible, but parking may be a challenge.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 55 Mercer St #520, Toronto

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

9/10
Exceptional variety of bars right within a few minutes’ walk

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Other units at this address

55 Mercer Street Toronto, ON

Occupied

2306

Studio

1 Bath

$2,100

Listed by Kristina Cherskaia
Days on market: 827
Brand new studio on the 23RD floor at N55 Mercer Condo offers a luxurious lifestyle in the heart of Toronto with a modern finished kitchen with built-in appliances, quartz countertop, backsplash, light under cabinet, an open concept layout, high ceiling, large windows, state-of-the-art amenities, and a 24-hour Concierge. Nestled in the Entertainment District providing the finest entertainment and dining experiences with world-renowned shops and restaurants. Steps away from TIFF Lightbox, CN Tower, Rogers Center, Financial District, TTC and subway stations and more. Amenities include private dining room, barbecue and pre deck, outdoor patio, meeting room, guest suites, sauna and steam room, massage room, basketball court, yoga studio, gym and business centre. Excellent transit, walk and bike score. Extras: Brand new B/I appliances fridge, oven, glass cooktop, microwave, range hood and stacked washer and dryer. 1 year free Bell Internet.

Occupied

2010

1 Bed

1 Bath

$1,990

Listed by Manny Anwar
Days on market: 836
Discover Elegance at 55 Mercer: Brand New 1 Bedroom Unit in Toronto's Entertainment District! Indulge in luxury living with a captivating layout and eastern exposure. Immerse yourself in an open-concept kitchen adorned with built-in appliances and quartz countertops. Just steps away from iconic landmarks like the Rogers Centre, CN Tower, and Union Station, this residence offers the epitome of downtown Toronto living. Enjoy a suite of exclusive building amenities, including 24-hour concierge/security, guest suites, a state-of-the-art gym, and a rooftop deck/garden. MLS#C8029628

Occupied

615

1 Bed

1 Bath

$1,999

Listed by Emily McIntyre
Days on market: 806
Welcome to this brand new never-Lived-In 1 Bedroom condo unit, with open-concept living space offering comfort, style and convenience. Located in the heart Toronto's Entertainment District, enjoy all that it has to offer! With brand new integrated appliances and quartz countertops in the kitchen, laminate flooring throughout, full 4pc bath with deep tub, and convenient ensuite laundry. Bedroom comes complete with double closet space. Easy access to the all the city's key destinations, financial district, entertainment venues, all within walking distance. Don't miss out on an opportunity to live close to work and enjoy all that city life has to offer! Building amenities include gym, terrace, workspace, BBQ area, and basketball court. Walking distance to transit, close to landmarks such as the CN Tower & Scotiabank arena, and a stones throw from endless dining and shopping options. All appliances (Fridge, stove, range hood, microwave, dishwasher). Washer & dryer. Locker included. Bell internet included for 1st year of occupancy (wifi building) Tenant's responsible for all utilities (Metergy: heat, hydro, & water). No parking.

Occupied

1207

1 Bed

1 Bath

$2,100

Listed by Property Manager
Days on market: 789
Welcome to a stunning brand new 1 bedroom / 1bath unit in the heart of Toronto Downtown. Open layout space and modern finishes. Bright space with with open views. Walking distance to PATH, subway, Rogers Centre, CN towner, Royal Thompson Hall. Amenities includes Visitor parking, 24 HR Concierge, Guest Suit, Rooftop Deck/Garden etc.

Occupied

3210

1 Bed

1 Bath

$2,100

Listed by Laith Awamleh
Days on market: 810
Welcome To Your Unique 55 Mercer Condos Experience, Brand New 1 Bedroom Suite. Luxurious Practical Layout, Located In The Heart Of City's Entertainment District. Steps To Everything All Your Needs: Transit, Underground P.A.T.H System, Financial District, Rogers Centre, C.N Tower. Live Theaters, Fine Dining Cafes, Stores & Tiff & Much More. Building amenities include 24 hr concierge/security, guest suites & underground visitor parking. Indulge in other amenities such as 'The Mercer Club', with its state of the art fitness, co-working & entertainment spaces. The fitness area offers Peloton pods, cardio & cross training zones, a yoga studio, basketball court & outdoor gym. Enjoy breathtaking views of the city skyline on the rooftop terrace & lounge area. Extras: B/I fridge, B/I oven, B/I dishwasher, glass cooktop, hood range, microwave & stacked washer/dryer. Hydro & water extra. Free Bell Fibe Internet for 1 year! Perfect for professional Singles/Couples Available Immediately.

Occupied

1108

1 Bed

1 Bath

$2,200

Listed by Toronto Listings
Days on market: 829
1 BED, 1 BATH $2,200 Utilities extra, 1 year free internet Brand new Parking available separately Amenities: 24 Hour Concierge, Gym, Yoga studio, Hot Tub, Sauna, Outdoor Basketball Court, Private Working Space, Outdoor Lounge, Rooftop Deck, Media Room, Guest Suites, Visitor Parking. Message for more details!

Occupied

2705

1 Bed

1 Bath

$2,200

Listed by Laith Awamleh
Days on market: 827
Brand New Never Lived In 1 Bedroom Suite with Balcony! Luxurious Urban Living in the Heart of King W! Great Layout! Walking Distance to Rogers Centre, CN Tower, Union Station & More! Building Amenities Include 24 Hr Concierge/Security, Guest Suites, Gym, Rooftop Deck/Garden, etc. Extras: Fridge, Oven, Dishwasher, Cooktop, Range Hood, Microwave & Stacked Washer/Dryer. Inclusions: Bell Internet Included! Exclusions: Utilities Not Included: Hydro, Water, Heat, CAC

Occupied

1008

1 Bed

1 Bath

$2,250

Listed by Jeff Reinelt
Days on market: 843
Live the high life in this brand-new, chic 1-bed, 1-bath condo at N55 Mercer, right in the heart of Toronto's Entertainment District! Bright, stylish, and smartly designed, it's the perfect mix of comfort and cool. Take in the beautiful view from your living room & bedroom! With top-notch finishes and a clever layout, every inch is a treat. Plus, you're just steps from hot spots like TIFF Bell Lightbox, Rogers Centre, and CN Tower. Dive into the city's best entertainment, food, and culture. 55 Mercer is my favourite street in Toronto for good reason, and I'm not biased!

Occupied

4210

1 Bed

1 Bath

$2,250

Listed by Laith Awamleh
Days on market: 696
Discover the epitome of urban living with this brand new, never-lived-in 1-bedroom condo offering 464 sq ft of sleek, modern finishes in the heart of Toronto's Entertainment District. Just steps from iconic landmarks like the CN Tower, Rogers Centre, and Union Station, this luxury suite boasts a 100 Transit Score and 98 Walk Score, ensuring unparalleled convenience. Enjoy the vibrant surroundings with theatres, restaurants, cafes, and shops all within walking distance. The open-concept design features high-end finishes, a Juliette balcony, a year of internet in the rent. Building amenities enhance your lifestyle with a gym, BBQ spot, yoga studio, meeting/lounge room, visitor parking, 24-hour concierge/security, guest suites, and a rooftop deck/garden. Extras: Whether you're commuting via TTC or the nearby Gardiner Expressway, or simply exploring the bustling downtown core, 55 Mercer St. offers the perfect blend of excitement and comfort, making it an ideal place to call home. Inclusions: Stacked Washer & Dryer, Fridge, Oven, Dishwasher, Glass Cooktop, Hood Ranger, Microwave.

Occupied

1605

1 Bed

1 Bath

$2,300

Listed by Toronto Listings
Days on market: 846
1 BED, 1 BATH $2,150 Heat & water Included + 1 year free internet No parking Amenities: Concierge, Gym, Spin/Yoga Studio, Hot Tub, Sauna & Steam Room, Games Room, Media Room, Visitor Parking Message for more details!

Occupied

4208

1 Bed

1 Bath

$2,300

Listed by Mei Chan
Days on market: 696
Brand New Never Lived In Condo At No55 Mercer. This one-bedroom, one-bathroom jewel serves as the ultimate urban retreat, featuring sleek laminate flooring, stylish finishes throughout, and floor to ceiling windows. The kitchen boasts built-in appliances, quartz countertops, and ample storage. A charming Juliette balcony with captivating city views. The building lobby is furnished By FENDI, features over 18,000 sq. ft of indoor & outdoor amenities for residents to enjoy, 24 Hr Security, fitness centre, rooftop garden/deck, guest suites, and basketball court. Best location in Toronto's vibrant entertainment district, surrounded by premier entertainment, dining, and cultural venues. Walkable to Rogers Centre, CN Tower, Union Station, PATH, Restaurants, shops, and many more! B/I Fridge, Oven, Range Hood, Dishwasher; Glass Cook Top; S/S Microwave; Washer & Dryer; All Electrical Light Fixtures. **One locker Included.

Occupied

1 Bed, 1 Bath

1 Bed

1 Bath

$2,500

Listed by Ekaterina Lininskaia
Days on market: 774
Step into a world of sophistication with this 1+1 bedroom condo at 55 Mercer, the epitome of luxury living in Toronto's entertainment district. Revel in the captivating south-facing views that showcase a mesmerizing city skyline, offering an ever-changing urban vista. This unit is a masterpiece of design, featuring a sleek modern kitchen, spacious living areas bathed in natural light, and a versatile den perfect for a chic home office or cozy guest room. Indulge in top-tier amenities, including a state-of-the-art fitness center and round-the-clock concierge service. With a locker for your essentials and situated just steps from transit, gourmet dining, and vibrant nightlife, this condo is your gateway to an unparalleled urban experience. Hot Water Tank Rental

Occupied

1 Bed, 2 Baths

1 Bed

2 Baths

$2,500

Listed by Property Manager
Days on market: 789
Brand New Never Lived In 1 Bedroom + Den Suite with Balcony! Den has Sliding Door to turn into 2nd Bedroom! Luxurious Urban Living in the Heart of King W! Great Layout! Walking Distance to Rogers Centre, CN Tower, Union Station & More! Building Amenities Include 24 Hr Concierge/Security, Guest Suites, Gym, Rooftop Deck/Garden, etc.

Occupied

1101

2 Beds

1 Bath

$2,400

Listed by Priscile Itoua-Mamic
Days on market: 846
Welcome To Your Unique 55 Mercer Condos Experience, Brand New 1 Bedroom Plus Den. Luxurious Practical Layout, Located In The Heart Of City's Entertainment District. Steps To Everything All Your Needs: Transit, Underground P.A.T.H System, Financial District, Rogers Centre, C.N Tower. Live Theaters, Fine Dining Cafes, Stores & Tiff & Much More. Building amenities include 24 hr concierge/security, guest suites & underground visitor parking. Indulge in other amenities such as 'The Mercer Club', with its state of the art fitness, co-working & entertainment spaces. The fitness area offers Peloton pods, cardio & cross training zones, a yoga studio, basketball court & outdoor gym. Enjoy breathtaking views of the city skyline on the rooftop terrace & lounge area.

Occupied

2 Beds, 1 Bath

2 Beds

1 Bath

$2,475

Listed by Kat Wells
Days on market: 750
Brand New Never Lived In 1-Bedroom Suite with a den! Enjoy Proximity to Iconic Landmarks Such as the CN Tower, Rogers Centre, and the Vibrant Entertainment District Along King St W, or Take a Leisurely Stroll Through the Beautiful Clarence Square Park. With Convenient Access to Public Transportation and Major Thoroughfares, Including the St. Andrew Station and the Gardiner Expressway. Experience the Excitement of Downtown Toronto While Enjoying the Comfort and Convenience of Living at 55 Mercer St! Building Amenities Include 24 Hr Concierge/Security, Guest Suites, Gym, Rooftop Deck/Garden, etc.

Occupied

3601

2 Beds

1 Bath

$2,500

Listed by Alice Svitsa
Days on market: 772
Step into a world of sophistication with this 1+1 bedroom condo at 55 Mercer, the epitome of luxury living in Toronto's entertainment district. Revel in the captivating south-facing views that showcase a mesmerizing city skyline, offering an ever-changing urban vista. This unit is a masterpiece of design, featuring a sleek modern kitchen, spacious living areas bathed in natural light, and a versatile den perfect for a chic home office or cozy guest room. Indulge in top-tier amenities, including a state-of-the-art fitness center and round-the-clock concierge service. With a locker for your essentials and situated just steps from transit, gourmet dining, and vibrant nightlife, this condo is your gateway to an unparalleled urban experience.

Occupied

2115

2 Beds

2 Baths

$2,800

Listed by Rishi Pattani
Days on market: 836
**BRAND NEW** Nobu Building Pre Assignment Unit for Rent. KING / BLUE JAYS WAY Ready to move in 1st February 2024 CN Tower View BELL INTERNET - 1 FREE YEAR Serious enquires only Please text 6472008155 if interest

Occupied

3212

2 Beds

2 Baths

$2,900

Listed by Manny Anwar
Days on market: 798
Brand new @ 55 Mercer in the heart of downtown. Spectacular south facing, city views- some of the best in downtown!! 2 bedroom, 2 full bathroom floor plan! So much natural light from the large windows! High end finishes and integrated appliances. Sizeable and open concept kitchen and living area with oversized south facing windows. Brand new roller shades installed. Incredible walk score to CN Tower, Rogers Ctr and Financial district Building offers basketball court, 24 hr gym, co-working space, outdoor terrace, guest suites, Concierge, EV car share, sauna. Building amenities to be completed end of March. Tenant to set up Hydro and water account with Metergy. MLS#C8120072

Occupied

1502

3 Beds

2 Baths

$3,650

Listed by Toronto Listings
Days on market: 846
3 BED, 2 BATH, 1 PARKING $3,650 Utilities extra, parking included + 1 year free internet Brand new Amenities: 24 Hour Concierge, Gym, Yoga studio, Sauna, Outdoor Basketball Court, Private Working Space, Outdoor Lounge, Rooftop Deck, Guest Suites. Message for more details!

Occupied

1102

3 Beds

2 Baths

$4,500

Listed by KhuenYi Hong
Days on market: 844
2 Weeks Free Rent for the First Month! Brand New 3 Bedrooms, 2 Washrooms + 1 Electric Vehicle (EV) Parking included in 821 Sq. Ft. at 55 Mercer St. All 3 bedrooms are spacious and have floor to ceiling windows with views of CN Tower. High-End Kitchen appliances, washer, dryer & with large washrooms (3 piece each). Bell Fibe internet free for one year! Top of the line amenities at "Club Mercer" including Peloton Bikes, Cross Training & Cardio Zone. Yoga Studio. Outdoor Basketball Court, Fitness Centre, Co-Working Spaces, Outdoor BBQ & much more. Luxury lobby furnished by Fendi. Walking Distance to CN Tower, Roger Centre, PATH, TIFF & TTC Streetcar in the heart of the Entertainment District.

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