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8 Mercer St 1508, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C3774677
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 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
Including Parking And A Locker!!! Stove, Fridge, Dishwasher, Washer, Dryer, All Window Coverings, All Light Fixtures. Very Convenience Visit Parking.Underground Path Right Across The Street To Financial District,Union Station, Eaton Center.
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 $878,000, which is $59,044 (6.3%) lower than the average sold price of $937,044 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $67,394 (7.7%) compared to the previous 30 day period (February 24 - March 24) and up $89,241 (10.5%) from the same time one year ago.
Inventory Change
There were 242 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 11.0% compared with the previous 30 day period (February 24 - March 24) and up 57.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($4,066) (0.4%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,290 decrease compared to the previous 30 day period (February 24 - March 24) and ($13,021) 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 25 - April 23) stood at 46.7%, up from 39.9% over the previous 30 days (February 24 - March 24) and down from 66.2% 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 26 days when successfully sold over the last 30 days (March 25 - April 23), compared to 56 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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