35 Mercer St 2705
Waterfront Communities C1, Downtown Toronto, M5V 1H2
FOR SALE
$840,000
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BEDROOMS2
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Property Description
The Epitome of Luxury Living in the Heart of the Entertainment District at the Highly Coveted NOBU Residences Toronto. This Fashionable Lifestyle Condominium Features State-of-the-Art Indoor & Outdoor Amenities Including Ground Floor Commercial Retail, Flexible Private Social Function & Meeting Space, a Professional Fitness Centre & Zen Garden Outdoor Terrace. The On Site Nobu Restaurant Toronto Will Feature an Approximately 15,000 Square Foot, Two-Level Restaurant Which Will Include a Signature Bar Lounge, Outdoor Seating & Chic Private Dining Rooms. This is an Assignment Sale and a Fantastic Opportunity to Own at This Iconic & Internationally Recognized Address. Stunning Interior Designer Appointments Included For the Ultimate Cosmopolitan Urban Lifestyle With a 100 Walkability Score to Everything & Anything You Need.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
35 Mercer St 2705 is a 2-bedroom 2-bathroom condo listed for sale at $840,000, which is $34,931 (4.3%) higher than the average sold price of $805,069 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,602 (2.2%) compared to the previous 30 day period (February 27 - March 27) and down $6,893 (0.8%) from the same time one year ago.Inventory Change
There were 1,547 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 25.6% compared with the previous 30 day period (February 27 - March 27) and up 40.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,806) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,639 increase compared to the previous 30 day period (February 27 - March 27) and ($6,331) less 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 2-bedroom condos in Downtown Toronto over the last 30 days (March 28 - April 26) stood at 45.4%, down from 48.1% over the previous 30 days (February 27 - March 27) and down from 66.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Shirriff Wells Real Estate
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