8 Mercer St 2310
Waterfront Communities C1, Downtown Toronto, M5V 0C4
FOR SALE
$544,888
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Property Description
Welcome to 2310-8 Mercer St. Enjoy the Downtown Life At The Mercer In the Heart of The Entertainment District. Beautiful One Bedroom Unit With Practical Concept and an Unobstructed Bright South West View. 525 Sq Ft Suite + 90 Sq Ft Balcony; 10 Ft High Ceilings. Brand new flooring, freshly painted, Perfect Location, Direct Access to The PATH. Short Walk to the Financial District, 100 Walk score With Streetcar Access At Doorstep And St Andrews Subway Station Less Than A 5 Minute Walk Away, Shops, Great Restaurants, Theatres, Rogers Centre, CN Tower, Tiff..
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-01-11 | 2021-02-10 | 30 | $1,650 | $1,650 | Leased |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,797 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.80' x 14.76' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Flat | 12.80' x 14.76' | Combined W/Living, Laminate, W/O To Balcony |
| Kitchen | Flat | 12.80' x 14.76' | |
| Prim Bdrm | Flat | 9.32' x 10.96' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 2310 is a 1-bedroom 1-bathroom condo listed for sale at $544,888, which is $21,096 (3.7%) lower than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Zumin Real Estate Centre
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