8 Mercer Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $929,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Storage, Storage Area Lockers, Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Impressive corner unit in the heart of the Entertainment District | 3 Bed | 2 Bath | 2 PARKING | 1 Locker. Welcome to urban sophistication at its finest! This bright and spacious 3-bedroom, 2-bathroom corner suite at the sought-after 8 Mercer Street offers an exceptional layout with floor-to-ceiling windows bathing every room in natural light. This suite includes two premium parking spaces and one locker, a true luxury in downtown living. Step inside to discover custom built-ins and elegant cabinetry throughout the unit, offering both style and smart storage solutions. The second bedroom features a sleek Murphy bed, maximizing space and functionality for guests, family, or your home office needs. Enjoy seamless indoor-outdoor living with an oversized 112 sq ft balcony, perfect for morning coffee or evening sunsets. The suites intelligent split-bedroom design provides privacy and function, ideal for families or professionals working from home. Located steps from the vibrant NOBU Restaurant, this residence places you at the centre of Toronto's cultural, culinary, and entertainment hub. Walk to the Financial District, TTC (St. Andrew Station), Rogers Centre, Scotiabank Arena, Union Station, and the UP Express in minutes. Residents of 8 Mercer enjoy first-class amenities including a yoga room, hot tub, sauna, expansive fitness centre, and a 6th-floor terrace with BBQ area. The building also offers 24/7 concierge service and ample visitor parking. Don't miss this opportunity to own a corner unit with unmatched value, functionality, and style in downtown Toronto!
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Mercer Street 708, Toronto C01, ON M5V 0C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $929,900 in Toronto, the legal minimum down payment is $67,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,073 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,073 also applies, bringing the total estimated land transfer taxes to $30,146.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
