$515,000
For sale: Apartment

Looking to live in the most vibrant corner of downtown Toronto? Look no further than 8 Mercer! Welcome to suite 2104, a bright, ideal starter one-bedroom with PARKING surrounded by all the city has to offer! Wondering how you will get around? 8 Mercer is perfectly located to get you where you need to go: steps to the PATH, the King St. streetcar, and St. Andrew subway station. High ceilings and floor-to-ceiling windows that span the width of the unit make the space feel airy and expansive. In a condo, outdoor space is important, and 2104 delivers with a generous open balcony with views of the CN Tower! If you like to cook, this kitchen offers TONS of cabinet storage. For design, it pairs white upper cabinets with a warm wood tone on the lowers, finished with a stone countertop and seamless built-in appliances. Whether you're a first-time buyer, working professional, investor, or looking for a pied-à-terre in one of the city's most sought-after neighbourhoods, this is the one for you! Amenities include a 24-hour concierge, an impressive fitness centre, yoga room, party room, and an expansive rooftop terrace. The best of downtown condo living in an unbeatable location makes this a wonderful purchase. Don't miss it!
Sold data
Homes in Waterfront Communities took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 424 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $624,850.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 424 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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