8 Mercer St 503
Waterfront Communities C1, Downtown Toronto, M5V 0C4
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5 + 1
ROOMSC3654446
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Property Description
Welcome To 8 Mercer, Situated In The Heart Of The City In Prime Theatre Dist, This Unit Is Sure To Impress, Rarley Offered Stunning Premium Corner Suite. Features 612 Sft + 384 Sft Wrap Around Balcony With Unobstructed Views Will Make You Feel Like You've Got Your Own Little Backyard In Sky. Plus A Stunning Inter Layout With All Of Its Upgrades. Steps To Entertain Dis. Finacial Dis, King St And Much More. Perfect Location With Luxury Amentities.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-05 | 2020-11-06 | 1 | $657,800 | $685,000 | Sold |
Extras
Stunning Suite With Intergrated High End Miele Appliances. Fridge, Stove, B/I Dishwasher, B/I Microwave, B/I Oven. Washer/ Dryer, Large Kitchen Center Island. All Elf And Winddow Coverings- Included Custom / Highend
Property Features
Lake Access, Other, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,690 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 7.68' x 12.70' | Modern Kitchen, Centre Island, Stainless Steel Appl |
| Living | Flat | 14.17' x 11.09' | Open Concept, W/O To Balcony, Ne View |
| Br | Flat | 9.97' x 9.78' | Closet, Wood Floor |
| Dining | Flat | 7.68' x 12.70' | Open Concept, W/O To Balcony |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 503 is a 1-bedroom 1-bathroom condo listed for sale at $519,000, which is $84,544 (14.0%) lower 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 Ipro Realty Ltd., Brokerage
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