35 Mercer St 807
Waterfront Communities C1, Downtown Toronto, M5V 3C6
FOR SALE
$649,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC8047748
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Property Description
Wonderful Opportunity To Own This 1+1 Bedroom Unit In Highly Anticipated NOBU Residencies, Located In Toronto's Vibrant Entertainment District, With Walking Distance To Waterfront And Financial Districts. Surrounded by Array Of Fine Restaurants, Cafes, Shops, Sport Venues And Theaters, Luxurious Amenity Area Spans on Two Floors Connected by a Unique Outdoor Space, Amenities Include: Indoor Pool, Gym, Party Room, Rooftop Terrace and Bike Storage Spaces.
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Extras
Assignment sale. Property taxes not assessed yet
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
35 Mercer St 807 is a 1-bedroom 1-bathroom condo listed for sale at $649,900, which is $46,356 (7.7%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 1-bedroom condos in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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