Maintenance Fees
The Mercer vs The King West Area
for sale
15 Days on Strata
1706 - 8 Mercer St
$469,000
1 Bed + 1
1 Bath
0 Parking
570 SQFT
Price History
- Maintenance Fees:
- $403/mth
- Taxes:
- $3,197 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $823/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Dec 10
- Exposure:
- South
Amenities
Concierge
Media Room
Party Room
Rooftop Deck
Visitor Parking
About this Listing
Welcome to This Stunning Wide-Shallow 1+1 Unit At 8 Mercer St., Where Modern Elegance Meets Urban Living In The Heart Of Downtown Toronto. The Unit Features 570 sq ft of Interior Space and 75 Sq ft of Balcony In Total of 645 Sq ft Living Space! South-Facing Living & Bedrm Flooded W/ Natural Light Throughout The Day From The Floor-To-Ceiling Panoramic Windows! **Brand New Laminate Flooring and New Paint Throughout! ** Modern Kitchen W/ Breakfast Bar, Stylist Cabinets, Built-In Appliance, Quartz Countertop & Upgraded Glass Backslash! The Versatile Den Provides An Ideal Space For Home Office or Creative Studio! LED Light Fixtures At Bedroom& Den! Unit Occupied and Well-Maintained By The Owner. Now It's Vacant and Move-In Ready! World-Class Amenities Include A Full Fitness Centre, Scandinavian-inspired Spa, Private Screening Room, Party Lounge, and A 10,000 Sq ft Rooftop Terrace with BBQs. Steps From The PATH, St. Andrew Subway Station, TIFF, Roy Thomson Hall, Financial District, Top Restaurants and everything the King West and Entertainment District Has To Offer.
ExtrasB/I Fridge, Stove, B/I Dishwasher, S/S Microwave , Stacked Washer/Dryer, All Existing Electric Light Fixtures. One Locker is included!
homelife new world realty inc.MLS® #C12516334
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 13.45 x 10.34ft
- Laminate, Walkout To Balcony, Windows Floor to Ceiling
- Kitchen
- 8.99 x 8.2ft
- Ceramic Floor, Breakfast Bar, Backsplash
- Primary
- 10.43 x 9.42ft
- Laminate, Large Window, Mirrored Closet
- Den
- 9.58 x 5.25ft
- Laminate, Open Concept, O/Looks Dining
- Bathroom
- 7.84 x 4.86ft
- Ceramic Floor, 4 Piece Bath, Built-in Vanity
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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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.
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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 sold in King West
