8 Mercer St 2811
Waterfront Communities C1, Downtown Toronto, M5V 0C4
FOR SALE
$1,038,000
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BEDROOMS2
BATHROOMS1
KITCHENS8
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Property Description
Wonderful 2 Bedroom Plus Den,2 Bathroom Condo Located In The Heart Of Toronto's Entertainment District. Stunning Corner Unit In Luxurious Mercer Building With Chic & Contemporary Finishes!828 SQF Suite Offers Floor To Ceiling Windows Throughout, Plus A Private 112 SQF Balcony With Breathtaking View Of The Downtown Skyline! Kitchen Comes With High End Appliances And Centre Island. Primary Bedroom With Large Ensuite ,9 feet Ceiling! This neighborhood is a hub of urban living, bringing together residences, restaurants and hotels! Steps To King West Theatre District & Tiff Bell Lightbox For Year Round Film Screening. This unit is conveniently situated within walking distance of the city's trendiest restaurants, professional sports venues, and world-renowned theatres, Union Station, Rogers Centre & Many City Attractions!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-04-01 | 2022-05-10 | 39 | $3,450 | $3,450 | Leased |
2019-05-03 | 2019-06-26 | 54 | $3,750 | $3,600 | Leased |
Extras
B/I fridge, Stove, Range hood, Dishwasher. Washer & dryer. And all Electrical Light Fixtures.
Nearby Intersections
Property Features
Arts Centre, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,564 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 6.07' x 9.68' | Closet, Hardwood Floor |
Dining | Main | 12.96' x 20.34' | Combined W/Dining, Hardwood Floor |
Kitchen | Main | 12.96' x 20.34' | Combined W/Kitchen, Hardwood Floor |
Br | Main | 12.96' x 20.34' | Combined W/Living, Open Concept |
Prim Bdrm | Main | 10.17' x 11.55' | 3 Pc Ensuite, Double Closet |
Den | Main | 9.84' x 10.17' | Hardwood Floor, Double Closet |
Laundry | Main | 5.09' x 9.78' | |
Foyer | Main | 3.94' x 4.27' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 2811 is a 2-bedroom 2-bathroom condo listed for sale at $1,038,000, which is $306,315 (41.9%) higher than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Living Realty Inc.
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