Maintenance Fees
The Mercer vs The King West Area
for rent
8 Days on Strata
- Est Lease Timeframe:
- 31 Days
1512 - 8 Mercer St
$2,550/mth
1 Bed + 1
1 Bath
1 Parking
558 SQFT
Price History
- Property Type:
- Condo
- Possession Date:
- Now
- Lease Term:
- 1 Year
- Utilities Included:
- No
- Furnished:
- No
- Outdoor Space:
- Balcony
- Laundry:
- Ensuite, Main
- Locker:
- Owned
- Exposure:
- North
Amenities
BBQs Allowed
Concierge
Gym
Party Room
Games Room
About this Listing
Unbeatable Location! Stylish 1 Bedroom + Den Suite with a Parking in the Heart of Downtown Toronto. Featuring brand-new laminate flooring and fresh paint throughout, this home feels modern and move-in ready. Soaring 9-ft ceilings and floor-to-ceiling windows fill the space with natural light. Located in Toronto's vibrant Entertainment District, you're just steps to the PATH, TIFF Lightbox, Royal Alexandra and Princess of Wales Theatres, Leaf and Jay's games and surrounded by the city's best restaurants, shopping, and nightlife. Great walk scores, TTC streetcar access is right at your door, St. Andrew subway station and the Gardiner Expressway close by. Residents enjoy outstanding amenities including a 24/7 concierge, gym, rooftop terrace, and party room. This suite also comes with parking and a locker, adding everyday convenience in one of Toronto's most dynamic neighborhoods. Experience the very best of downtown living, right at your doorstep!
ExtrasParking!
homelife/vision realty inc.MLS® #C12540064
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 13.12 x 16.5ft
- Combined with Dining, Laminate, Walkout To Balcony
- Dining
- 13.12 x 16.5ft
- Combined with Living, Laminate, Combined with Kitchen
- Kitchen
- 13.12 x 16.5ft
- Quartz Counter, Built-in Appliances, Centre Island
- Den
- 6.79 x 7.22ft
- Laminate, Closet, Open Concept
- Bedroom
- 9.51 x 10.01ft
- Laminate, Closet, Large Window
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore King West
Map
10/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
24,225
Average Individual Income
$66,367
Average Household Size
3 persons
Average Age
0
Average Household Income
$109,098
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
36%
Detached
33%
Semi Detached
21%
Low Rise Apartment
4%
Duplex
3%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
9%
Tamil
2%
Arabic
1%
Tagalog
1%
Spanish
1%
Korean
1%
Education
University and Above
43%
High School
21%
College
15%
None
13%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
18%
Health & Related Fields
11%
Social Sciences
10%
Math & Computer Sciences
9%
Humanities
6%
Physical Sciences
5%
Education
4%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At The Mercer
Days on Strata
Units at The Mercer spend an average of
34
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in King West
Turnover of Units
On average, each unit is owned for
7.2
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
52nd
Highest price per SQFT out of 120 condos in the King West area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
72
Units were Rented over the past twelve months
Best Value Rank
The Mercer offers the best value out of 120 condos in the King West neighbourhood
?
Appreciation Rank
The Mercer has the highest ROI out of 120 condos in the King West neighbourhood
?
Rental Yield
The Mercer yields the highest rent prices out of 120 condos in the King West neighbourhood
?
High Demand
The Mercer is the most popular building out of 120 condos in the King West neighbourhood
?
Market Insights
Transaction Insights at The Mercer
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $480,000 - $513,000 | No Data | $870,000 | $740,000 - $758,000 | $890,000 - $900,000 |
| Avg. Cost Per Sqft | No Data | $975 | No Data | $1,164 | $929 | $964 |
| Price Range | $1,800 - $2,000 | $1,600 - $2,400 | $2,200 - $2,870 | $3,150 - $3,850 | $3,200 - $3,550 | $3,800 - $4,100 |
| Avg. Wait for Unit Availability | 88 Days | 70 Days | 35 Days | 102 Days | 183 Days | 165 Days |
| Avg. Wait for Unit Availability | 19 Days | 22 Days | 12 Days | 30 Days | 52 Days | 70 Days |
| Ratio of Units in Building | 18% | 18% | 36% | 15% | 8% | 8% |
Market Inventory
Total number of units listed and leased in King West
