NO55 Mercer Condos

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Project Overview

NO55 Mercer Apartment is a luxury residential apartment project invested and developed by the well-known developer CentreCourt Development. It is located at the junction of King St W and Spadina Ave in Toronto, near the St. Andrew and Union subway stations. It will be available in the first quarter of 2023.

NO55 Mercer apartment is located in the Entertainment District of Toronto. It has a total height of 47 floors and a total of 557 luxury apartments with a total construction area of more than 34,300 square meters. The apartment types will include 37 Studios, 358 one-bedroom, 109 two-bedrooms and 53 three-bedroom units, with an area ranging from 333 to 893 square feet. Among them, the 9-45th floor corner residential units will have balconies, fully satisfying Housing needs of families of different sizes. In addition, the first floor of the apartment will have more than 4,000 square feet of retail stores, while the five-story underground parking garage can accommodate 101 cars and 200 self-parking.

NO55 Mercer Apartments will be available for VIP internal sale in the first quarter of 2020. Please contact us as soon as possible to give priority to choosing floors and apartment types for discount information.

Investment reasons

1. The 100/100 walking index can be called "walker paradise".
NO55 Mercer apartment is located in downtown Toronto, adjacent to the fashion district and Chinatown. There are no shortage of high-end restaurants, bars, banks, shops, pharmacies, banks, etc. in the area. Life is extremely convenient. A five-minute walk from the apartment will bring you to many famous Toronto attractions such as Roy Thomson Hall, Princess of Wales Theatre and TIFF Bell Lightbox. The main campus of the University of Toronto and Ryerson University and other well-known institutions of higher learning are also within a short walk. . The parks surrounding the apartment include Clarence Square, Simcoe Park, St. Patrick's Square, etc., which are good places for family and friends gatherings, picnics, sports and play. The apartment is only a 15-minute walk from the shores of Lake Ontario. You can choose to cycle, jog, boat, or fish along the lakefront. You can also go to the nearby pier and take a ferry to the island of the lake.

2. Direct access to PATH, the world's largest underground business district, to subway stations and office buildings.
Toronto’s famous PATH underground mall is located at the entrance of Metro Hall and is only more than 200 meters away from the NO55 Mercer apartment. With its more than 30 kilometers of shopping, dining and entertainment store corridors, PATH broke the Guinness World Record and became the world's largest comprehensive underground shopping and service center. PATH is not only connected to important public transportation hubs such as subways, Go Trains, buses and streetcars, and more than 50 office buildings, including the iconic Royal Bank Plaza, Scotia Plaza and Richmond Adelaide Centre, etc., but also the underground mall is warm in winter Summer is cool, more than 200,000 commuters come and go here every day. PATH is also connected to Toronto’s most important tourist attractions, including the Hockey Hall of Fame, Air Canada Center, Rogers Center and CN Tower. Staying in the NO55 Mercer apartment, you can walk to work, transfer to the subway, enjoy food, enjoy shopping, leisure and entertainment or even go to the clinic to see a doctor through the PATH system all year round. There is almost no need to set foot outdoors, no need to worry about wind, frost, rain and snow.

3. Near St. Andrew and Union subway stations, surrounded by a network of buses and trams.
The traffic index for the NO55 Mercer apartment is 100/100. The apartment is close to the two main traffic roads in Toronto, King St West and Spadina Ave. It can be said to be surrounded by a network of buses and trams. It takes less than 2 minutes to walk to the bus station, and there are many TTC public routes including 24-hour dedicated lines to choose from. Residents can reach Spadina Metro Station in only 20 minutes by tram. If they take the UP Express, they can reach Pearson International Airport in 45 minutes, starting a new journey. In addition, it takes only about 8 or 14 minutes from the NO55 Mercer apartment to St. Andrew Metro Station and Union Metro Station, respectively.

4. Toronto's lakeside area will be the hottest investment area in the next 20 years.
Toronto’s lakeside area has always been developed and managed by the Lakeside Management Company under the Toronto City Government to introduce partners. The company’s management is composed of three-level government officials, and none of them are idlers, such as the former Gao Michael Nobrega was once an executive of the OMER retirement fund for Ontario government workers. They are not only ambitious to boost the economy of the lakeside area, but also take this opportunity to make Toronto the world's most important innovation center, attracting more local and international investment. As one of the best cities in the world, Toronto has always been an investment target pursued by many large companies. After learning that Sidewalk Labs decided to withdraw from the "Google Smart City" project, Toronto Mayor Zhuang Deli publicly announced that Toronto will work with Ontario and the Commonwealth to promote the construction of Toronto's Lake District, continue to create new employment opportunities and economic development opportunities, and provide more Housing and better transportation. The lakeside area is still showing a huge development boom, many projects are under construction in full swing, and several are in the proposal stage. It is believed that the Lakeside Management Company under the Toronto City Government will soon find excellent partners to jointly develop the lakeside area. In the future, this lakeside community will have the world's top urban high-tech, and the future urban life mode will undergo radical changes.

Exclusive offer for VVIP stage
1. The development fee is capped: $11,000 for studio, one-bedroom and one-bedroom plus one study unit, $13,000 for two-bedroom and two-bedroom plus one study unit, and $15,000 for three-bedroom and above units.
2. The developer allows the free transfer of uncompleted units (market value of $5,000), and only charges related legal fees.
3. Loose deposit payment plan: $5,000 when signing the contract, 30 days to make up the remaining part of the price of 5%, 5% within 90 days, 5% within 270 days, and 5% within 540 days.
4. Free home appliances such as refrigerator, stove, range hood, microwave oven, dishwasher, washing machine and dryer.

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Developer Information

CentreCourt Developments is a dynamic real estate developer founded in 2010 by Andrew Hoffman, the former COO of Menkes Developments and headquartered in Toronto. This company has developed more than ten real estates in a short period of 9 years with the momentum of rising rapidly. Among them, the delivered projects have achieved excellent reputation in the industry and won the construction industry and the land development association. And many awards from the Ontario Home Builders Association. The only dedicated apartment building INDX in Toronto’s financial district is their masterpiece. In addition, PRIME Condos, Core Condos, Transit City Condos and Grid Condos are all produced by CentreCourt Developments.

VVIP subscription registration/house plan price list request

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