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8 Mercer St 1508, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C3740586
MLSID
Contact Us
Property Description
Spectacular City Views Await You In This Gorgeous, Sun Filled, 9' Ceiling ,3 Bedroom Condo Right In The Middle Of Toronto's Vibrant Sports And Entertainment District. Enjoy Everything City Living Has To Offer - Only Minutes By Foot To The Cn Tower, Rogers Centre, Path, Financial District, King & Queen West, Ttc, Shops, Restaurants, Cafes, Boutiques And So Much More! Enjoy The Amazing 5-Star Amenities Of This Incredible Building.Don't Miss Out On This Place!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-19 2022-11-23 35 $1,199,000 - Suspended
2019-02-12 2019-03-29 44 $3,700 $3,700 Leased
2018-11-27 2019-02-12 77 $3,950 - Terminated
Extras
Extras:Including Parking And A Locker!!! Stove, Fridge, Dishwasher, Washer, Dryer, All Window Coverings, All Light Fixtures. Very Convenience Visit Parking. Status Certificate Is Ready To Review.
Property Features
Arts Centre, Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,389 (2016)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level C)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
FoyerFlat4.27' x 9.15'Laminate, Large Closet, Open Concept
LivingFlat10.50' x 16.77'Laminate, South View, Combined W/Dining
DiningFlat10.50' x 16.77'Laminate, Overlook Water, Combined W/Living
KitchenFlat6.99' x 11.48'Laminate, Centre Island, Stainless Steel Appl
MasterFlat9.84' x 11.48'Laminate, 3 Pc Ensuite, West View
2nd BrFlat8.92' x 9.15'Laminate, Closet, South View
3rd BrFlat7.91' x 8.07'Laminate, Closet, Sliding Doors
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 1508 is a 3-bedroom 2-bathroom condo listed for sale at $927,888, which is $2,332 (0.3%) lower than the average sold price of $930,220 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $745 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $61,449 (7.1%) from the same time one year ago.
Inventory Change
There were 215 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.9% compared with the previous 30 day period (February 9 - March 9) and up 26.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($4,785) (0.5%) below asking price over the last 30 days (March 10 - April 8), which represents a $24,130 increase compared to the previous 30 day period (February 9 - March 9) and ($10,538) 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 10 - April 8) stood at 51.6%, up from 44.4% over the previous 30 days (February 9 - March 9) and down from 57.6% 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 25 days when successfully sold over the last 30 days (March 10 - April 8), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Atria Realty Inc., Brokerage
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