Maintenance Fees
The Mercer vs The King West Area
$959,9003 bds2 ba1 pk917 sqft
For SaleThe Mercer
4.0
13 Days on Strata
$959,900
Price Cut: $999,900
Price Cut: $999,900
3 Beds
2 Bath
1 Parking
917 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$678/mth
Taxes:
$5,121 (2024)
Cost Per Sqft:
$1,047/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South West
Possession Date:
July 31, 2025
Amenities
Rec Room
Visitor Parking
Party Room
Concierge
Rooftop Deck
Sauna
Guest Suites
Gym
Media Room
Security System
About this Listing
Best deal in ENTERTAINMENT DISTRICT- next to the prestigious Nobu hotel and residences -without paying NOBU PRICES 3 bedroom, 2 washroom S/W CORNER UNIT, over 1000 sq ft including large balcony, with PARKING AND LOCKER. WALK score of 99 and a transit score of 100/100 .Surrounded by the City's Best Restaurants, Attractions and Entertainment . Easy access to essential transit options as well as landmarks like the P.A.T.H. Presently leased for 4k - Cooperative Tenants leaving end of July. LOW MAINTENANCE AND MANY UPGRADES .Perfect for professionals working from home or small family. STEPS to St Andrew subway station, TIFF Bell Lightbox, Rogers Center, Roy Thompson Hall, Princess of Wales Theatre and The iconic Royal Alex. AWESOME building amenities include a Scandinavian inspired sauna and spa ,a screening room ,a party room and 10,000 sq ft terrace .DONT MISS OUT!
ExtrasUpgraded Window Coverings & Light Fixtures, New Washer and Dyer, California Shutters, Laminate and Ceramic Floors, Mirror Doors. 9ft Ceiling
re/max west realty inc.MLS® #C12047397
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Open Concept, Fireplace, Walkout To Balcony
15.09 x 10.27ft
Dining
Open Concept, Laminate, Window
15.09 x 10.27ft
Kitchen
Breakfast Bar, Built-in Appliances, Window
8.4 x 13.81ft
Primary
Laminate, 3 Piece Ensuite, California Shutters
9.48 x 13.75ft
2nd Bedroom
Laminate, California Shutters, Mirrored Closet
9.94 x 13.62ft
3rd Bedroom
Closet, Glass Doors, Laminate
7.91 x 7.91ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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
40
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
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
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
32nd
Highest price per SQFT out of 112 condos in the King West area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
80
Units were Rented over the past twelve months
Best Value Rank
The Mercer offers the best value out of 112 condos in the King West neighbourhood
?
Appreciation Rank
The Mercer has the highest ROI out of 112 condos in the King West neighbourhood
?
Rental Yield
The Mercer yields the highest rent prices out of 112 condos in the King West neighbourhood
?
High Demand
The Mercer is the most popular building out of 112 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 | $416,000 - $446,000 | $518,000 - $523,000 | $555,000 - $653,000 | $935,000 | No Data | $1,030,000 |
| Avg. Cost Per Sqft | $966 | $1,041 | $960 | $1,210 | No Data | $1,150 |
| Price Range | $1,850 - $2,100 | $2,300 - $2,400 | $2,300 - $2,900 | $1,500 - $3,400 | $3,200 - $3,599 | $4,000 - $5,200 |
| Avg. Wait for Unit Availability | 88 Days | 66 Days | 36 Days | 96 Days | 170 Days | 169 Days |
| Avg. Wait for Unit Availability | 18 Days | 22 Days | 11 Days | 28 Days | 57 Days | 63 Days |
| Ratio of Units in Building | 18% | 19% | 35% | 15% | 8% | 8% |
Market Inventory
Total number of units listed and sold in King West
