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8 Mercer St 314, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
C4003844
MLSID
Contact Us
Property Description
Immaculate Sleek Modern 1 Bed+Den Suite In Toronto's Entertainment District. Bright/Spacious, Apprx 723 Sf. Den With Closet Can Be Used As 2nd Bedroom, 2 Bath, Offering Boutique Lifestyle W/ Contemporary Architecture And Urban Lifestyle In Mind. Steps To Ttc, Rogers Centre & Excellent Restaurants, Perfect Location In Toronto, Walk To Entertainment District, King West, Financial District, Fashion District, Queen West, Waterfront
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-02-09 2021-03-14 33 $2,150 - Terminated
Extras
European Kitchen Featuring Never Been Used Miele Oven And Dishwasher With Fridge, Microwave, Ceramic Cooktop, Stacked Washer & Dryer, Full Height Kitchen Cabinets, Immaculate Luxury Finishes, Spa Inspired Bathrooms.
Property Features
Arts Centre, Hospital, Place Of Worship, Public Transit, Rec Centre
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,301 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain11.29' x 9.09'Combined W/Dining, Hardwood Floor
DiningMain11.29' x 9.09'Combined W/Living, Hardwood Floor
KitchenMain11.88' x 10.50'Combined W/Dining, Ceramic Floor
BrMain12.37' x 8.99'Hardwood Floor, 4 Pc Ensuite
DenMain8.99' x 7.58'Hardwood Floor, Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
8 Mercer St 314 is a 1-bedroom 2-bathroom condo listed for sale at $599,900, which is $3,036 (0.5%) lower than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.
Inventory Change
There were 1,336 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) 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 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Plus City Team Inc., Brokerage
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