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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $479,000 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.
Come live at the "Romantic Modern" Mercer with its layered expression of brick, stone and glass! The Contemporary Open Concept living with 1 bedroom, 1 bath plus locker in the Mercer downtown entertainment district features modern finishes with 9' ceilings, floor to ceiling windows and a walkout to a large 90 sq ft balcony overlooking an unobstructed sunny south west view. Breathe in the fresh air on your 22nd floor balcony and enjoy the amazing city view of Toronto downtown! Enjoy amenities in the building: exercise room, party room, spacious 10,000 sq ft rooftop terrace on the 6th floor overlooking the city! 100 walk score with minutes to the St Andrews Subway Station, Streetcar, Financial District . An amazing entertaining and fun downtown lifestyle awaits you there at the Mercer with shops, restaurants, theatres, CN Tower, TIFF, Rogers Centre, PATH. Perfect for first time homebuyers or retirees or investors.
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Public Transit, Rec./Commun.Centre, Park, Hospital, School
Carpet Free, Primary Bedroom - Main Floor, Built-In Oven
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Mercer Street 2210, Toronto C01, ON M5V 0C4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $479,000 in Toronto, the legal minimum down payment is $23,950 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 $6,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,055 also applies, bringing the total estimated land transfer taxes to $12,110.
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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.