What is currently the Second City Comedy Club is where the future No55 Mercer Condos by Centre Court will soon call home. This luxury 47-storey high-rise will be home to 543 condo units and coming in every size from studio units to three bedroom plus dens. The caliber of No55 Mercer’s style and design is that of a five star luxury hotel.
The amenities at No55 Mercer Condos, bearing the name the Mercer Club, will occupy 18,000 square feet of space over three floors. With luxury in mind they offer a two-storey indoor/outdoor fitness centre including an outdoor basketball court and Peloton Bike pods. For the entrepreneurs, they can work close to home in the shared co-working space and relax outdoors on the 8th floor rooftop terrace. No55 Mercer will even offer on demand valet service and groundbreaking Pfaff car share program for its residences.
The neighbourhood is the epicentre of Toronto, and with fewer and fewer downtown locations to build new residential towers in, No55 Mercer has hit the jackpot. Nestled between the vibrant King West stretch and the city’s Entertainment District, you’ll never run out of things to do. Residents of No55 Mercer Condos are close to all things cultural from TIFF Bell Lightbox, Roy Thompson Hall and the Princess of Wales Theatre. Walk or transit to nearly anywhere you need to be in no time. No55 Mercer is a short trek to the Art Gallery of Ontario, many of the cities best restaurants and bars and so much more. The building is also 150 metres to Toronto’s PATH system which can take you anywhere you need to go underground.
For investors, this area’s proximity to the Financial District and a growing “Tech District”, there’s an ongoing and ever growing need for rentals. The type of tenants you can expect in the downtown core are triple-A tenants who want the convenience and luxury of living close to where they work. It’s worth noting that rental rates in this area are much higher than the Toronto average.
This is 55 Mercer. A place, unequalled. In the heart of everything.
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