FOR SALE
$1,038,000
8 Mercer St 2811, Downtown Toronto
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
8 Mercer St 2811
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8 Mercer St 2811
8 Mercer St 2811
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
C11924753
MLSID
Contact Us
Property Description
Wonderful 2 Bedroom Plus Den,2 Bathroom Condo Located In The Heart Of Toronto's Entertainment District. Stunning Corner Unit In Luxurious Mercer Building With Chic & Contemporary Finishes!828 SQF Suite Offers Floor To Ceiling Windows Throughout, Plus A Private 112 SQF Balcony With Breathtaking View Of The Downtown Skyline! Kitchen Comes With High End Appliances And Centre Island. Primary Bedroom With Large Ensuite ,9 feet Ceiling! This neighborhood is a hub of urban living, bringing together residences, restaurants and hotels! Steps To King West Theatre District & Tiff Bell Lightbox For Year Round Film Screening. This unit is conveniently situated within walking distance of the city's trendiest restaurants, professional sports venues, and world-renowned theatres, Union Station, Rogers Centre & Many City Attractions!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-01 2022-05-10 39 $3,450 $3,450 Leased
2019-05-03 2019-06-26 54 $3,750 $3,600 Leased
Extras
B/I fridge, Stove, Range hood, Dishwasher. Washer & dryer. And all Electrical Light Fixtures.
Nearby Intersections
Property Features
Arts Centre, Park, Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$4,564 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain6.07' x 9.68'Closet, Hardwood Floor
DiningMain12.96' x 20.34'Combined W/Dining, Hardwood Floor
KitchenMain12.96' x 20.34'Combined W/Kitchen, Hardwood Floor
BrMain12.96' x 20.34'Combined W/Living, Open Concept
Prim BdrmMain10.17' x 11.55'3 Pc Ensuite, Double Closet
DenMain9.84' x 10.17'Hardwood Floor, Double Closet
LaundryMain5.09' x 9.78'
FoyerMain3.94' x 4.27'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 2811 is a 2-bedroom 2-bathroom condo listed for sale at $1,038,000, which is $299,248 (40.5%) higher than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.
Inventory Change
There were 743 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) more 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 (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Living Realty Inc.
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