8 Mercer St 313
Waterfront Communities C1, Downtown Toronto, M5V 0C4
FOR SALE
$639,900
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS4 + 1
ROOMSC9381750
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Property Description
Gorgeous Spacious Condo In The Heart Of Entertainment District Off King St! 723 Sqft Inside Plus Balcony @ Toronto's Entertainment Dstct, WALK score of 99 and a transit score of 100/100 . Surrounded by the City's Best Restaurants, Attractions and Entertainment . Easy access to essential transit options as well as landmarks like the P.A.T.H. Steps To Ttc Bus/Subway/Rogers Centre. Perfect Location at Downtown Core Toronto for Self-Living and Investment.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-11 | 2024-10-03 | 84 | $736,000 | - | Terminated |
| 2024-05-30 | 2024-06-21 | 22 | $650,000 | - | Terminated |
| 2024-05-30 | 2024-06-19 | 20 | $650,000 | - | Suspended |
| 2024-05-09 | 2024-05-26 | 17 | $699,000 | - | Terminated |
| 2024-04-24 | 2024-05-07 | 13 | $749,000 | - | Terminated |
Extras
Kitchen Appliances: Fridge, Oven, Cooktop, Hood Fan, Dishwasher, Front Load Washer & Dryer. All Light Fixtures. All Window Coverings.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,458 (2023)
Basement
None
Exterior
Concrete
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 | 9.91' x 11.25' | Window Flr to Ceil, W/O To Balcony, South View |
| Dining | Flat | 10.24' x 11.75' | Combined W/Kitchen, Open Concept, Breakfast Bar |
| Kitchen | Flat | 10.24' x 11.75' | Combined W/Dining, B/I Appliances, Backsplash |
| Prim Bdrm | Flat | 8.99' x 12.34' | 3 Pc Ensuite, Large Window, Large Closet |
| Den | Flat | 7.51' x 8.99' | Separate Rm, Closet, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 313 is a 1-bedroom 2-bathroom condo listed for sale at $639,900, which is $65,818 (11.5%) higher than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.Inventory Change
There were 1,421 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Homeliving Empire Realty Inc.
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