FOR SALE
$488,880
8 Mercer St 803, Downtown Toronto
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
8 Mercer St 803
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
C11883880
MLSID
Contact Us
Property Description
Welcome To The Mercer Residence At King West Village Beautiful Studio Unit Located In The Heart Of Toronto's Entertainment District. You Will Love The Spacious Layout, Eat In Kitchen With Large Island, And Generous Natural Light. The Balcony Boasts Views Of The CN Tower And Princess Of Wales Theatre. Walking Distance To A Host Of Local Amenities, Including The Subway, Shops, Cn Tower, University Of Toronto, Rogers Centre, Restaurants, Theatres. TTC At The Door Step. Across The Street To Underground Path To St. Andrew Subway. Own your Own unit. Don't pay rent anymore!!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-19 2022-11-09 21 $2,250 $2,200 Leased
2021-09-28 2021-10-10 12 $1,750 $1,750 Leased
Extras
Fridge, Stove, Dishwasher, Stacked Clothes Washer/Dryer
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,403 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenFlat32.97' x 38.75'Ceramic Floor, Centre Island, Backsplash
DiningFlat36.58' x 37.66'Hardwood Floor, Combined W/Living, Open Concept
LivingFlat36.58' x 37.66'Hardwood Floor, Combined W/Dining, W/O To Balcony
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 803 is a 0-bedroom 1-bathroom condo listed for sale at $488,880, which is $110,644 (29.3%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.
Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) and ($16,026) more 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 0-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) and down from 57.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 New Concept
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