5+ Days Ago
Location
55 Mercer St #Toronto, Toronto, ON M5V 0W4, CAN|Entertainment District
Nearby rentals
Renter hub
Property management
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Amenities for 55 Mercer St, Entertainment District
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Fitness Center | Residents Lounge |
Grounds
| Outdoor Space | Storage |
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
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 55 Mercer St
Sweet deal!
This listing is 44% below the median price for 2 bedroom apartments in Entertainment District.
ZMP102310273 - ???? 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!
Address details
| Neighborhood | Entertainment District |
|---|---|
| Post code | M5V 0W4 |
| Type | Condo for rent |
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Rent trends in Entertainment District
2-bedroom apartments at 55 Mercer St cost about 44% less than the average rent price for 2-bedroom apartments in Entertainment District.
Median rents as of May 30 2026.
Entertainment District
Toronto
| Month | Median Rent |
|---|---|
| June 2024 | $3,083 |
| 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 | $2,669 |
| Month | Median Rent |
|---|---|
| June 2024 | $3,225 |
| 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 | $4,882 |
Affordability calculator
Can I afford to live at 55 Mercer St #Toronto?
Bedrooms
2 bedroomsRent-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.
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Internet available near 55 Mercer St
Neighborhood
Entertainment District | Toronto, ON
Getting around Toronto near 55 Mercer St #Toronto
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 #Toronto, 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
Explore the area around 55 Mercer St #Toronto
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Starbucks
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Tim Hortons
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Tim Hortons
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The Coffee Bar Inc
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Tim Hortons
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Mascot Brewery
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Kit Kat Italian Bar & Grill
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King Street Social Kitchen
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Mix Bistro Bar
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Bar Hop
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Noah's Natural Foods
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Millie PA Tisserie
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What A Bagel
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Good Health Mart Exchange Tower
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Michel's Bakery Cafe
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Park
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Grass
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Pizza Rustica
270 Wellington St W
Pizza Rustica Boutique
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Aanch-Modernistic Indian Cuisine
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Mascot Brewery
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Victor Restaurant & Bar
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UP Express Union Station
Union Pearson Express
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Bloor GO/UP
Union Pearson Express
St Andrew Station - Southbound Platform
LINE 1 (YONGE-UNIVERSITY)
St Andrew Station - Northbound Platform
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Osgoode Station - Southbound Platform
LINE 1 (YONGE-UNIVERSITY)
Union Station - Northbound Platform Towards Vaughan Metropolitan Centre
LINE 1 (YONGE-UNIVERSITY)
Osgoode Station - Northbound Platform
LINE 1 (YONGE-UNIVERSITY)
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