3 days on Market

8 Mercer St #803, Toronto, Ontario M5V 0C4

In the same building:
-
Condo
-
1
~0-499 sqft
$478,888
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Condo
-
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$480/sqft

Est. Mortgage$2,057/mo

Maintenance fees$289/mo

Tax Amount (2024)$2,403/yr

Days On Market3 days


Description

Welcome to Spacious Studio Condo at 8 Mercer - Prime Downtown Location!!! This unit is large studio in the Heart of Toronto's vibrant Entertainment District. This Well-Designed suite offers an open-concept layout, Floor-to Ceiling Windows, and a sleek modern kitchen with Built-in Appliances, Quartz countertops, and ample storage. The spacious living area provides plenty of room for comfortable living and dining. Enjoy world-class building amenities, including a fitness centre, sauna, rooftop terrace and concierge. Step from King W. TIFF, TTC, Restaurants, Theatres, Shopping and the PATH System. This unit is perfect for First-Time Buyers, Investors or those seeking a stylish downton retreat. Don't miss out!!


Property Details

StyleApartment
View-
Age of property6-10
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11982036
Community NameEntertainment District
Data SourceTRREB
Listing byCENTURY 21 NEW CONCEPT

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

3.60 x 3.06

Ceramic Floor / Centre Island / Backsplash

Dining

3.50 x 3.40

Combined W/Living / Open Concept / Laminate

Living

3.50 x 3.40

Combined W/Dining / W/O To Balcony / Laminate


Features

Patio: Open
Balcony: Open

8Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
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Listed
$•••,•••
3 days on market
history photo preview22
Listing by trreb®
Property listed by CENTURY 21 NEW CONCEPT, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

30 days

2023

31 days

2022

12 days

New Listings

Past 30 days

498 listings

Compared to

2024

364 listings

2023

224 listings

2022

111 listings

Units sold

Past 30 days

36 units

Compared to

2024

57 units

2023

68 units

2022

155 units

Median Sold Price

Past 30 days

$672,500

Compared to

2024

$708,000

2023

$675,000

2022

$750,000


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