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

    704 - 8 Mercer St

    The Mercer4.0
    $2,500/mth
    1 Bed
    1 Bath
    0 Parking
    558 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Property Type:
    Condo
    Possession Date:
    Dec 21
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    Yes
    Outdoor Space:
    Balcony
    Laundry:
    Ensuite
    Locker:
    None
    Exposure:
    East

    Amenities

    Concierge
    Party Room
    Rec Room
    Visitor Parking

    About this Listing

    Fully Furnished 1 Bedroom 1 Bath Executive Rental. Just Bring A Suitcase! All-Inclusive utilities (minus internet) Luxury Building In The Heart Of Toronto's Entertainment/Tech District Just Bring Your Suitcase And Enjoy. Includes Hydro (Just Pay Internet/Cable) - All Cookware/Dishes Incld. Financial District, Rogers Centre, Cn Tower, Roy Thompson Hall Are 10 Min Walk. Tiff Bell Lightbox, Ttc And Underground P.A.T.H. Are 2 Min. Walk. 5 Star Amenities Including Jacuzzi, Sauna, Gym, Large Terrace W/Bbq - 24 Hr Concierge

    ExtrasThis is an executive rental - All Furnishings Pictured (Including All Cookware, Dishes, Cutlery). Full Size Washer/Dryer, Dishwasher, Microwave, 2 Flatscreen Tvs // all utilities included **except cable/internet

    rare real estateMLS® #C12537266

    Utilities & Inclusions

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

    Dimensions

    Living
    19.16 x 19.06ft
    Dining
    19.16 x 19.06ft
    Kitchen
    19.16 x 19.06ft
    Primary
    18.24 x 13.48ft
    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