16 days on Market

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

In the same building:
-
Condo
-
1
~0-499 sqft
$488,880
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Condo
-
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$490/sqft

Est. Mortgage$2,100/mo

Maintenance fees$289/mo

Tax Amount (2024)$2,403/yr

Days On Market16 days


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!!!


Property Details

StyleApartment
View-
Age of property6-10
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11883880
Community NameEntertainment District
Data SourceTRREB
Listing byCENTURY 21 NEW CONCEPT

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

11.81 x 10.05

Ceramic Floor / Centre Island / Backsplash

Dining

11.48 x 11.15

Hardwood Floor / Combined W/Living / Open Concept

Living

11.48 x 11.15

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


Features

Patio: Open
Balcony: Open

8Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by CENTURY 21 NEW CONCEPT, 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

43 days

Compared to

2023

37 days

2022

22 days

2021

23 days

New Listings

Past 30 days

398 listings

Compared to

2023

317 listings

2022

215 listings

2021

131 listings

Units sold

Past 30 days

45 units

Compared to

2023

59 units

2022

45 units

2021

120 units

Median Sold Price

Past 30 days

$660,000

Compared to

2023

$656,000

2022

$710,000

2021

$739,750


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