8 Mercer St 1009
Waterfront Communities C1, Downtown Toronto, M5V 0C4
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Property Description
Great Home In Prime Location Heart Of Toronto. Toronto Entertainment District. Underground Path. Access To St Andrew Subway. Excellent Layout! Open Concept, Quartz Kitchen With Built In Dining Table, Built In Top Quality Miele Appliances, Engineered Hardwood Flooring Throughout.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-07 | 2023-01-23 | 16 | $2,200 | $2,200 | Leased |
| 2022-10-08 | 2022-12-31 | 84 | $2,300 | - | Expired |
| 2022-08-13 | 2022-10-08 | 56 | $2,300 | - | Terminated |
| 2021-07-13 | 2021-07-29 | 17 | $1,800 | $1,800 | Leased |
| 2021-03-07 | 2021-07-18 | 133 | $524,900 | - | Terminated |
| 2020-08-16 | 2020-10-17 | 62 | $497,000 | - | Expired |
| 2019-08-27 | 2019-09-01 | 8 | $1,950 | $1,950 | Leased |
Extras
Miele B/I Fridge, Miele B/I Stove,Stacked Dishwasher And Dryer, B/I Oven, S/S Microwave And Range. Blinds, Amenities Included: Sauna/Hot-Tub, Large Gym W/Yoga Studio, Bbq Terrace.
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Property Details
Street
Community
City
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
0-499
Taxes
$2,005 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.01' x 12.83' | Hardwood Floor, W/O To Balcony |
| Dining | Flat | 11.61' x 11.84' | Combined W/Kitchen, Hardwood Floor |
| Kitchen | Flat | 11.61' x 11.84' | Combined W/Dining, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 1009 is a 0-bedroom 1-bathroom condo listed for sale at $399,000, which is $39,662 (9.0%) lower than the average sold price of $438,662 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $14,903 (3.3%) compared to the previous 30 day period (February 24 - March 24) and down $56,600 (11.4%) from the same time one year ago.Inventory Change
There were 78 0-bedroom condos listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is down 10.3% compared with the previous 30 day period (February 24 - March 24) and up 39.3% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($2,755) (0.6%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,609 increase compared to the previous 30 day period (February 24 - March 24) and $2,665 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 0-bedroom condos in Downtown Toronto over the last 30 days (March 25 - April 23) stood at 51.3%, up from 26.4% over the previous 30 days (February 24 - March 24) and down from 67.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 21 days when successfully sold over the last 30 days (March 25 - April 23), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage New Concept, Brokerage
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