41 days on Market

8 Mercer St #401, Toronto, Ontario M5V 0C4

In the same building:
-
Condo
1 + 1
1
~600-699 sqft
$622,000
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$963/sqft

Est. Mortgage$2,671/mo

Maintenance fees$389/mo

Tax Amount (2023)$2,812/yr

Days On Market41 days


Description

The Mercer Residence At King West Village, Heart of Entertainment District & Close To Financial, Fashion District, Great Restaurants, TTC At The Door Step. Across The Street To Underground Path To St. Andrew Subway. 1 Bedroom + Study. A Luxurious 567 Sqft Living Space w/68 Sqft Open Balcony to Enjoy. Unit features a large center island / breakfast bar and beautiful Laminate Flooring throughout. A well maintained unit facing north-east with bright sunlight in morning.


Property Details

StyleApartment
View-
Age of property6-10
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC10419948
Community NameEntertainment District
Data SourceTRREB
Listing byHOMELIFE/ROMANO REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Great Rm

4.24 x 5.00

Combined W/Dining / W/O To Balcony / Hardwood Floor

Den

0.00 x 0.00

Open Concept / Closet / Hardwood Floor

Kitchen

4.24 x 5.00

Combined W/Great Rm / Centre Island / Ceramic Floor

Prim Bdrm

2.87 x 3.05

Large Closet / Window Flr to Ceil / Hardwood Floor


Features

Patio: Open
Balcony: Open

04Story
Amenities

Exercise Room, Gym, Media Room, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by HOMELIFE/ROMANO REALTY LTD., Brokerage

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Market Data - Entertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

46 days

Compared to

2023

38 days

2022

24 days

2021

23 days

New Listings

Past 30 days

395 listings

Compared to

2023

314 listings

2022

215 listings

2021

122 listings

Units sold

Past 30 days

39 units

Compared to

2023

58 units

2022

43 units

2021

114 units

Median Sold Price

Past 30 days

$623,000

Compared to

2023

$671,750

2022

$710,000

2021

$743,250


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget