Maintenance Fees
The Mercer vs The King West Area
$2,3501 bd1 ba0 pk546 sqft
For RentThe Mercer
4.0
24 Days on Strata
$2,350/mth
1 Bed + 1
1 Bath
0 Parking
546 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
March 17, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
West
Locker:
None
Laundry:
Main
Amenities
Rec Room
Visitor Parking
Party Room
Concierge
Rooftop Deck
Sauna
Guest Suites
Gym
Media Room
Security System
About this Listing
Live in the Heart of Downtown Toronto! Welcome to 8 Mercer St. Unit 2910, where the pulse of the city meets sleek urban living! This modern 1-bedroom condo is perfectly positioned in the Entertainment District, just steps from the Financial District, world-class restaurants, shopping, nightlife, and major attractions like the CN Tower, Rogers Centre, Scotiabank Arena, and TIFF Bell Lightbox.Step into a functional layout, offering breathtaking city views! The open-concept living area seamlessly flows into a sleek European-style kitchen equipped with stainless steel appliances, stone countertops, and ample storage.Why Youll Love It:Unmatched Location Walk to the best restaurants, theaters, and transit!Luxury Amenities Gym, spa with sauna & hot tub, terrace, party room & more!Transit & Accessibility Steps from TTC, Gardiner Expressway, and Union Station! CNE Roger's CentreMove-in Ready & Available Immediately!Whether youre a young professional or student, this unit is a perfect blend of style, convenience, and energy. Don't miss out on this incredible opportunity to live where the action is!Book Your Private Showing Today!
ExtrasStainless appliances dishwasher stove microwave washer and dryer window coverings 526 sq feet
re/max realtron realty inc.MLS® #C12024937
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate, Walkout To Balcony
14.83 x 12.76ft
Dining
Combined with Living, Laminate, Open Concept
14.83 x 12.76ft
Primary
Laminate, Closet
10.17 x 9.32ft
Kitchen
Quartz Counter, Laminate, Built-in Appliances
14.83 x 6.56ft
Renter's Market
Balanced
Landlord's Market
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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 leased in King West
