Maintenance Fees
The Mercer vs The King West Area
$899,8002 bds2 ba1 pk844 sqft
For SaleThe Mercer
4.0
39 Days on Strata
$899,800
Price Cut: $949,000
Price Cut: $949,000
2 Beds + 1
2 Bath
1 Parking
844 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$623/mth
Taxes:
$4,564 (2024)
Cost Per Sqft:
$1,066/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North West
Possession Date:
30/60/90
Amenities
Sauna
Rooftop Deck
Guest Suites
Gym
Security System
Visitor Parking
Media Room
Party Room
Rec Room
Concierge
About this Listing
Wonderful 2 Bedroom Plus Den,2 Bathroom Condo Located In The Heart Of Toronto's Entertainment District. Stunning Corner Unit In Luxurious Mercer Building With Chic & Contemporary Finishes!828 SQF Suite Offers Floor To Ceiling Windows Throughout, Plus A Private 112 SQF Balcony With Breathtaking View Of The Downtown Skyline! Kitchen Comes With High End Appliances And Centre Island. Primary Bedroom With Large Ensuite ,9 feet Ceiling! This neighborhood is a hub of urban living, bringing together residences, restaurants and hotels! Steps To King West Theatre District & Tiff Bell Lightbox For Year Round Film Screening. This unit is conveniently situated within walking distance of the city's trendiest restaurants, professional sports venues, and world-renowned theatres, Union Station, Rogers Centre & Many City Attractions!
ExtrasB/I fridge, Stove, Range hood, Dishwasher. Washer & dryer. And all Electrical Light Fixtures. All windows covering, One Parking & One Locker is included!
kw living realtyMLS® #C12019378
Fees & Utilities
Maintenance Fees
Included in Fees
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Foyer
Closet, hardwood floor
9.68 x 6.07ft
Living
Combined with Dining, hardwood floor
20.34 x 12.96ft
Dining
Combined with Kitchen, hardwood floor
20.34 x 12.96ft
Kitchen
Combined with Living, Open Concept
20.34 x 12.96ft
Primary
3 Piece Ensuite, Double Closet
11.55 x 10.17ft
2nd Bedroom
hardwood floor, Double Closet
10.17 x 9.84ft
Den
9.78 x 5.09ft
Laundry
4.27 x 3.94ft
Buyer's Market
Balanced
Seller'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
-5%
Decrease in property value within the past twelve months
Price Ranking
25th
Highest price per SQFT out of 112 condos in the King West area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
79
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 | $513,000 - $523,000 | $555,000 - $653,000 | $870,000 - $935,000 | No Data | $1,030,000 |
| Avg. Cost Per Sqft | $966 | $1,040 | $960 | $1,187 | No Data | $1,150 |
| Price Range | $1,850 - $2,100 | $1,600 - $2,400 | $2,300 - $2,900 | $1,500 - $3,400 | $3,200 - $3,500 | $4,000 - $5,200 |
| Avg. Wait for Unit Availability | 88 Days | 65 Days | 36 Days | 103 Days | 170 Days | 169 Days |
| Avg. Wait for Unit Availability | 19 Days | 22 Days | 11 Days | 28 Days | 56 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
