8 Mercer St 1905
Waterfront Communities C1, Downtown Toronto, M5V 0C4
FOR SALE
$949,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC9298964
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Property Description
Wonderful Location! This Apartment With Excellent Layout Has A Spacious Kitchen With Built-In Dining Table And Appliances. Quartz Counters And Engineered Hardwood Flooring. Walk To St. Andrew Subway, Street Car, Entertainment, Financial & Fashion District, Roger Centre, Great Restaurants. Building Has Underground Path Access To Reach Across The Street.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-12-22 | 2022-02-27 | 67 | $2,999 | $2,900 | Leased |
| 2021-10-15 | 2021-11-06 | 22 | $3,399 | $3,100 | Leased |
| 2020-09-13 | 2020-10-06 | 26 | $2,500 | $2,250 | Leased |
| 2019-04-08 | 2019-05-03 | 25 | $3,100 | $3,100 | Leased |
Extras
Excellent Amenities On the Second Floor Include Sauna And Spa Area, Fitness Centre With Hot Tub, Party Room, Visitor Parking, And 10000 Sqft Terrace On 6th Floor With Private Lounges, BBQ, Kitchen And Dining Area And Reflective Pool.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,385 (2024)
Basement
Apartment
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Ground | 12.07' x 11.58' | Hardwood Floor, W/O To Balcony, Open Concept |
| Kitchen | Ground | 12.07' x 11.58' | Hardwood Floor, Ceramic Back Splash, B/I Appliances |
| Living | Ground | 9.97' x 12.60' | Hardwood Floor, W/O To Balcony, Open Concept |
| Prim Bdrm | Ground | 9.97' x 9.68' | Hardwood Floor, Closet, 4 Pc Ensuite |
| 2nd Br | Ground | 8.50' x 9.97' | Closet, W/O To Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 1905 is a 2-bedroom 2-bathroom condo listed for sale at $949,900, which is $179,861 (23.4%) higher than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 (August 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% 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 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Realbiz Realty Inc.
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