5 Days on Market

8 Mercer St #407, Toronto, Ontario M5V 0C4

In the same building:
-
$609,000
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Condo
1 + 1
1
~600-699 sqft

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Highlights

Estimated Value$718,000*

Price/Sqft$943/sqft

Days On Market5 days

Est. Mortgage$2,615/mth

Maintenance fees$412/mth

Tax Amount (2024)$3,176/yr

*Last updated on: 24/07/16

Description

Nestled in the heart of Toronto's vibrant Entertainment District, this unit is the best 1-bedroom+den layout in the building and offers a rare opportunity for sophisticated urban living. Finally a downtown condo with a liveable floor plan! Step inside and be greeted by an open-concept layout that maximizes space and functionality, and feels open while still having clearly defined zones. The living area is a focal point of the home, featuring expansive floor-to-ceiling windows and a sliding door leading to the oversized balcony. It's a perfect space for both relaxation and social gatherings, seamlessly connected to a sleek, contemporary kitchen with ample counter-top space for cooking, and let's face it, the kitchen island is always the focal point of any social gathering! Adjacent to the living area, the versatile den offers flexibility - a potential home office, guest room, or additional living space to suit your needs. The primary bedroom continues the theme of comfort and style with large windows offering plenty of light and lots of closet space so storage is never an issue. The bathroom completes this modern unit with stylish fixtures and finishes. Residents of 8 Mercer Street enjoy access to a range of amenities including a state-of-the-art fitness centre, a stylish party room for hosting events, and a dedicated concierge service providing convenience and security. Located in the heart of the Entertainment District, you're just steps away from world-class dining, shopping, and entertainment. Everything you need is within reach! Welcome to your new urban lifestyle!


Property Details

StyleApartment
View-
Age of property-
SqFt~600-699 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC9040828
Community NameEntertainment District
Data SourceTRREB

Features

Heating: Heat Pump
Cooling: Central Air

Main Floor

Kitchen

3.96 x 2.87

Open Concept / Modern Kitchen / B/I Appliances

Den

1.91 x 1.65

Open Concept / Laminate / Separate Rm

Living

4.06 x 2.97

Laminate / W/O To Balcony / Open Concept

Dining

4.06 x 2.97

Combined W/Living / Laminate / W/O To Balcony


Features

Patio: Open
Balcony: Open

4Story
Elevator
Amenities

Concierge, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Now
Listed for$609,000
5 days on market
history photo preview29
Jun 10, 2015
Sold for$•••,•••Listed for$390,000
119 days on market
history photo preview13
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Property listed by ROYAL LEPAGE CONNECT REALTY, Brokerage

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Comparable Sales

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Sold for $•••,•••
15 Mercer St #902, Toronto
••••••••• sq ft
Listed by ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM
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Sold for $•••,•••
14 York St #2406, Toronto
••••••••• sq ft
Listed by BAY STREET GROUP INC.
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Sold for $•••,•••
399 Adelaide St #405, Toronto
••••••••• sq ft
Listed by BSPOKE REALTY INC.

Market DataFor the past 30 days in Entertainment District

Median Selling Price

$675,000

1.50% more than GTA:

$665,000

Median Bidding

Underbidding - Trending to buyer market

-$15,000

GTA median: -$11,900

Median Number of Sales

216 sales

1401 sales less than GTA:

1617 sales

Median Number of Days on Market

23 days

2 days more than GTA:

21 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget