No. 55 Mercer Condos — Toronto Pre-Construction

No. 55 Mercer is a resale pre-construction condos development by CentreCourt in Toronto's Entertainment District starting from $626,990. Get pricing, floor…

No. 55 Mercer — Toronto

No. 55 Mercer Quick Facts

Project NameNo. 55 Mercer
DeveloperCentreCourt
Address55 Mercer Street
CityToronto
NeighbourhoodEntertainment District
RegionToronto
Building TypeCondo
Sales StatusResale
Storeys47
Suite Sizes370 – 1002 sq ft
Pricing$626,990 – $1,074,990
Deposit Structure20% (over 540 days)
Maintenance Fees$1 / sq ft / month
Locker$7,500
Occupancy2024-01-01
Walk Score100
Transit Score100

About No. 55 Mercer in Toronto

No. 55 Mercer Condos is a completed condominium development by CentreCourt at 55 Mercer Street in the Entertainment District neighbourhood of Toronto. The 47-storey project rises 155.5 metres and contains 543 suites. Architecture is by IBI Group, with interiors by Figure3. No. 55 Mercer Condos was completed in 2024. Suites range from 370 to 1,002 sq. ft. The location has a Walk Score of 100 and a Transit Score of 100. At 155.5 metres, No. 55 Mercer Condos ranks #19 by height among 59 tracked projects in Entertainment District.

No. 55 Mercer is also marketed as No. 55 Mercer Condos, and listed in the developer's material as No. 55 Mercer Condos.

No. 55 Mercer Floor Plans & Pricing

Floor PlanBedsBathsSize (sq ft)PriceAvailability
Mercer 0301370$643,990Sold Out
Mercer 0601396$626,990Sold Out
Mercer 07/0811459$740,990Sold Out
Mercer 1011463$731,990Sold Out
Mercer 0511479$779,990Sold Out
Mercer P12/P1911515Register for pricingSold Out
Mercer P15/P1811515Register for pricingSold Out
Mercer P1611541Register for pricingSold Out
Mercer P0321588Register for pricingSold Out
Mercer 0121594$808,990Sold Out
Mercer P01/P2222598$842,990Sold Out
Mercer 0922610$899,990Sold Out
Mercer 1522617$904,990Sold Out
Mercer 1222657$915,990Sold Out
Mercer P08/P2032712$944,990Sold Out
Unit 30831712$944,990Sold Out
Mercer P0732727$955,990Sold Out
Mercer P1132738$1,001,990Sold Out
Mercer P0232739Register for pricingSold Out
Mercer 1122741$1,074,990Sold Out
Mercer 0232821$1,068,900Sold Out
Mercer P05/P0632886Register for pricingSold Out
Mercer P09421002$1,064,990Sold Out

Full No. 55 Mercer floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the No. 55 Mercer price list and floor plans.

No. 55 Mercer Deposit Structure

20% (over 540 days)

Deposit structures at No. 55 Mercer can change between releases and may differ for international buyers. Confirm the current No. 55 Mercer deposit structure before submitting a worksheet.

Finishes

SUITES Ceiling heights of approximately 9’ in principal rooms (concrete slab to slab) except in areas with dropped ceilings and bulkheads Smooth finished ceilings throughout Choice of flooring throughout entry, kitchen, dining, living areas and bedrooms from builder’s standard samples Painted baseboards, door frames and casings TV/telephone outlets in living/dining room and bedrooms Smoke detectors and sprinkler system EXCEPTIONAL FINISHES KITCHENS Kitchen cabinetry from builder’s standard samples Composite stone countertop from builder’s standard samples Undermount stainless steel sink Appliances Collection: • Refrigerator • Range • Microwave • Exhaust Fan Insert • Dishwasher • Stacked washer and dryer BATHROOMS Composite stone countertop from builder’s standard samples Tile from builder’s standard samples Sink and faucet Bathroom cabinetry from builder’s standard samples Bathtub with shower curtain rod, faucet, controls and shower head, as per plan Shower with enclosure, as per plan

Location: 55 Mercer Street

No. 55 Mercer is located at 55 Mercer Street, Toronto in the Entertainment District neighbourhood, Toronto.

Explore more pre-construction projects in Toronto or browse the Toronto region.

About the Developer: CentreCourt

No. 55 Mercer is being developed by CentreCourt, with architecture by IBI Group and interior design by Figure3.

See all CentreCourt pre-construction projects.

How to Buy at No. 55 Mercer

  1. Register early. Allocation at No. 55 Mercer in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
  2. Review the price list and deposit structure. The current published deposit structure is 20% (over 540 days).
  3. Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
  4. Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.

Closing Costs & Investor Notes for No. 55 Mercer

Budget beyond the purchase price at No. 55 Mercer: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $1 per sq ft per month. Lockers are $7,500.

Assignment rights, rental-during-occupancy rights and capped levies vary release to release at No. 55 Mercer. Confirm each in the current agreement of purchase and sale before you sign.

No. 55 Mercer — Frequently Asked Questions

Where is No. 55 Mercer located?

No. 55 Mercer is located at 55 Mercer Street, Toronto in the Entertainment District neighbourhood.

Who is the developer of No. 55 Mercer?

No. 55 Mercer is being developed by CentreCourt.

How much do units at No. 55 Mercer cost?

Pricing at No. 55 Mercer starts from $626,990 and ranges to $1,074,990. Prices and incentives change with each release — request the current price list for live pricing.

When is occupancy at No. 55 Mercer?

Estimated occupancy for No. 55 Mercer is 2024-01-01.

How many units are in No. 55 Mercer?

No. 55 Mercer is planned as a 47-storey condo development.

How do I get platinum or VIP access to No. 55 Mercer?

Circle Real Estate provides platinum access to No. 55 Mercer, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.

Register for No. 55 Mercer pricing, floor plans and VIP access on Circle Real Estate.

Last verified: 2026-10-18. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.