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    2210 - 8 Mercer St

    For RentThe Mercer
    $2,300/mth
    1 Bed
    1 Bath
    0 Parking
    525 SQFT
    10 Days on Strata
    Est Lease Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South
    Locker:
    Owned
    Possession Date:
    May 6, 2024
    Lease Term:
    1 Year
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Excellent Location!! At The Heart Of Downtown. 525 Sq Ft 1 Bedroom With 90 Sq Ft Balcony Facing South To The Lake. Right At John And King St. Steps To Path, Subway Station, Street Car, Scotiabank Theatre, Rogers Centre, Cn Tower, Restaurants And Shops. Lots Of Amenities Including Rooftop Lounge, Sauna, Gym, Yoga Room, Party Room, Visitor Parking Etc.

    ExtrasFridge, B/I Oven, B/I Cooktop, B/I Dishwasher, B/I Microwave, Washer, Dryer, And Window Coverings.

    jdl realty inc.MLS® #C8156742


    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Concierge
    Party Room
    Sauna

    Nearby Amenities

    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
    $65,079
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $106,981
    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
    Mandarin
    9%
    Cantonese
    6%
    Tamil
    1%
    English
    39%
    Indigenous Language
    32%
    Other
    13%
    Education
    High School
    21%
    Apprenticeship
    2%
    University and Above
    43%
    College
    15%
    University Below Batchelor
    3%
    None
    13%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    18%
    Humanities
    6%
    Physical Sciences
    5%
    Math & Computer Sciences
    9%
    Social Sciences
    10%
    Education
    4%
    Visual & Performing Arts
    3%
    Business Management
    25%

    Price Trends

    Building Trends At The Mercer

    Days on Strata

    Units at The Mercer spend an average of
    26
    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
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.6
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    83
    Units were Rented over the past twelve months

    Best Value Rank

    The Mercer offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    The Mercer has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    The Mercer yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    The Mercer is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 8 Mercer Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$385,000 - $495,000$520,000 - $629,000$615,000 - $637,000$932,888$950,000$1,140,000
    Avg. Cost Per Sqft$1,054$1,096$1,102$1,222$1,053$1,190
    Avg. Wait for Unit Availability88 Days59 Days36 Days91 Days170 Days161 Days
    Ratio of Units in Building18%19%35%15%7%8%

    Maintenance Fees

    The Mercer vs The King West Area

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