8 Mercer St 3002

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8 Mercer St 3002, Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C4071548
MLSID
Contact Us
Property Description
Amazing Luxurious Corner Unit,Two Bedroom And 2 Bathroom. At The Heart Of The Entertainment District, Steps To Underground Path Network,And Subway. Steps From The Bell Light Box -Home Tiff. 9' Ceilings. High End Finishes, Walk Out To Balcony With Stunning North/West View. Lounge, Fitness Centre, Yoga Centre, Sauna & Spa, Party Room, Media Lounge. Concierge.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-02 2024-03-05 32 $3,300 $3,300 Leased
2023-11-10 2024-01-31 82 $3,500 - Expired
2022-12-06 2022-12-29 23 $3,600 $3,600 Leased
2022-04-18 2022-04-21 3 $898,000 $952,000 Sold
Extras
Spectacular Modern Kitchen Loaded W/Integrated Fridge, Dishwasher, Build-In Oven, Ceramic Cook Top, Microwave, Stacked Washer & Dryer. Huge Central Island.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,917 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Toronto Market Statistics
Toronto Price Trend
8 Mercer St 3002 is a 2-bedroom 2-bathroom condo listed for sale at $798,000, which is $9,602 (1.2%) higher than the average sold price of $788,398 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom condo in Toronto declined by $585 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $4,212 (0.5%) from the same time one year ago.
Inventory Change
There were 1,151 2-bedroom condos listed in Toronto over the last 30 days (March 10 - April 8), which is down 1.5% compared with the previous 30 day period (February 9 - March 9) and up 22.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($9,337) (1.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $3,548 increase compared to the previous 30 day period (February 9 - March 9) and ($8,736) 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 2-bedroom condos in Toronto over the last 30 days (March 10 - April 8) stood at 60.4%, up from 43.8% over the previous 30 days (February 9 - March 9) and down from 64.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Toronto stood at 24 days when successfully sold over the last 30 days (March 10 - April 8), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd., Brokerage
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