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    for rent
    15 Days on Strata
    Est Lease Timeframe:
    31 Days

    1704 - 8 Mercer St

    The Mercer4.0
    $2,450/mth
    1 Bed
    1 Bath
    1 Parking
    518 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Property Type:
    Condo
    Possession Date:
    Jan 1
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Partially
    Outdoor Space:
    Balcony
    Laundry:
    Ensuite
    Locker:
    None
    Exposure:
    East

    Amenities

    Sauna
    Party Room
    Gym
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Live in the heart of Toronto's Entertainment District in this stylish 1-bedroom suite at 8 Mercer Street. Featuring an open-concept layout, sleek modern finishes, and a bright living space with a view of the iconic CN Tower. Enjoy a well-appointed kitchen with integrated appliances, stone countertops, and a breakfast bar perfect for entertaining. The primary bedroom offers ample storage and natural light. Comes with parking-a rare find in this prime downtown location. Steps to King West, the Financial District, TIFF Lightbox, world-class restaurants, and transit. The Mercer offers outstanding amenities including a fitness centre, party room, rooftop terrace with BBQs, and 24-hour concierge.

    real estate homewardMLS® #C12516274

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    13.62 x 13.06ft
    Combined with Br, Laminate, Large Window
    Dining
    13.62 x 13.06ft
    Combined with Living, Laminate, Walkout To Balcony
    Kitchen
    0 x 0ft
    Stone Counter, Stainless Steel Appliances, Laminate
    Primary
    9.19 x 8.69ft
    Large Closet, Sliding Doors, Laminate
    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore King West

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    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
    AVERAGE
    chance 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 again

    Property 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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    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 Availability19 Days22 Days12 Days30 Days52 Days70 Days
    Ratio of Units in Building18%18%36%15%8%8%

    Market Inventory

    Total number of units listed and leased in King West