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8 Mercer St 3101, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C3737933
MLSID
Contact Us
Property Description
Welcome To Just Over A Year Old Luxurious Penthouse W/Breathtaking View & Pvt. Terrace! Offering Boutique Lifestyle W/ Contemporary Architecture Created W/ Gracious Living In Mind. 3 Bdrm Feature & Bright Layout. Grmt Kitchen W/Stone Island. 10Ft Ceiling. Club Mercer W/Gym, Theatre Room & Much More! Prime Parking Space Included/ Steps To Ttc Bus/Subway/Rogers Cntr./Cn Twr/Ripleys Museum, Waterfrt/Exclnt Restnts And Much More. Approx. 1200 Sqft.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-05 2023-04-08 3 $5,000 $5,100 Leased
2021-09-23 2021-10-01 8 $4,400 $4,400 Leased
2020-06-03 2020-06-09 6 $4,500 $4,650 Leased
2020-03-04 2020-05-18 75 $4,700 - Terminated
2019-02-12 2019-04-10 57 $4,750 - Terminated
2018-10-15 2018-11-12 28 $4,650 - Terminated
Extras
Built Greywood Developers, W/High End Amenities Include Rooftop Patio, Bbq, Gym, Designer Party Room. Over 1000 Sqft Terrace W/Green Space
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, Rec Centre
Property Details
Street
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
1000-1199
Taxes
$3,457 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned
Parking 2
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain15.09' x 10.79'Hardwood Floor, W/O To Balcony, Overlook Water
KitchenMain7.68' x 10.50'Hardwood Floor, Stainless Steel Appl
DiningMain7.97' x 9.09'Hardwood Floor, Centre Island
MasterMain10.40' x 12.80'Hardwood Floor, 3 Pc Ensuite
2nd BrMain10.99' x 9.28'Hardwood Floor, Large Closet
3rd BrMain10.99' x 8.53'Hardwood Floor, Large Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 3101 is a 3-bedroom 2-bathroom condo listed for sale at $1,280,000, which is $337,846 (35.9%) higher than the average sold price of $942,154 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $16,073 (1.7%) compared to the previous 30 day period (February 19 - March 19) and up $102,889 (12.3%) from the same time one year ago.
Inventory Change
There were 246 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 20 - April 18), which is up 16.0% compared with the previous 30 day period (February 19 - March 19) and up 57.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($3,302) (0.4%) below asking price over the last 30 days (March 20 - April 18), which represents a $17,260 increase compared to the previous 30 day period (February 19 - March 19) and ($8,045) 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 3-bedroom condos in Downtown Toronto over the last 30 days (March 20 - April 18) stood at 46.3%, up from 42.5% over the previous 30 days (February 19 - March 19) and down from 67.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (March 20 - April 18), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Terrequity Realty, Brokerage
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