- 1 / 19Go to left slideGo to right slide
- 2 / 19Go to left slideGo to right slide
- 3 / 19Go to left slideGo to right slide
- 4 / 19Go to left slideGo to right slide
- 5 / 19Go to left slideGo to right slide
- 6 / 19Go to left slideGo to right slide
- 7 / 19Go to left slideGo to right slide
- 8 / 19Go to left slideGo to right slide
- 9 / 19Go to left slideGo to right slide
- 10 / 19Go to left slideGo to right slide
- 11 / 19Go to left slideGo to right slide
- 12 / 19Go to left slideGo to right slide
- 13 / 19Go to left slideGo to right slide
- 14 / 19Go to left slideGo to right slide
- 15 / 19Go to left slideGo to right slide
- 16 / 19Go to left slideGo to right slide
- 17 / 19Go to left slideGo to right slide
- 18 / 19Go to left slideGo to right slide
- 19 / 19Go to left slideGo to right slide
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
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
6.6
YEARS before being sold againProperty 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
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 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 |
Price Range | $2,000 - $2,350 | $2,150 - $2,700 | $2,300 - $3,150 | $2,800 - $3,900 | $3,500 - $3,900 | $4,000 - $5,100 |
Avg. Wait for Unit Availability | 88 Days | 59 Days | 36 Days | 91 Days | 170 Days | 161 Days |
Avg. Wait for Unit Availability | 17 Days | 18 Days | 10 Days | 24 Days | 53 Days | 61 Days |
Ratio of Units in Building | 18% | 19% | 35% | 15% | 7% | 8% |
Maintenance Fees
The Mercer vs The King West Area