Condo for sale at 507-8 Mercer Street, Toronto, Ontario, M5V 0C4 - Waterfront Communities C1 - MLS: C12445088

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507-8 Mercer Street

Toronto, Ontario, M5V 0C4 - Waterfront Communities C1

$678,900

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Neighbourhood

Waterfront Communities C1
Major Intersection

King / John

Listed Since: 3 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

600-699
Exposure

South
Total Parking

1 Underground Garage
Maintenance

$490
Taxes

$3,702.57 (2025)
Balcony

Open

Property Description

Property description for 507-8 Mercer Street, Toronto

Welcome to The Mercer. This 1 Bedroom + Den Suite Features Designer Kitchen Cabinetry With Stainless Steel Appliances, Stone Countertops & a Breakfast Bar. Bright High Floor-To-Ceiling Windows With Hardwood Flooring Throughout. A Spacious Sized Master Bedroom With a Mirrored Double Closet. This location is in the heart of the best that Toronto has to offer! Literally - Walk Score of 98, Transit score 100, Bike score 90! Steps To The Underground P.A.T.H., City's Finest Restaurants, Sports/Concert Venues, Lounges & Theatres On King St. West, The Financial & Entertainment Districts. The Building Features a 24hr Concierge, visitor parking, fitness center, hot tub, sauna, media room, outdoor terrace, and party room. 1 secure underground parking spot and locker included. Functional open concept plan. Den large enough to use as a dining room! Upgraded and high end engineered flooring throughout (as-is). The spacious living and dining areas seamlessly blend, leading to a generous yet private balcony perfect to enjoy your favorite morning home brew! The upgraded Hollywood kitchen is truly the heart of the home. Featuring an eat in extended layout, enlarged center island with breakfast bar, neutral quartz countertops and backsplash, upgraded lighting, and a separate laundry room. Large primary suite!

Listed by CENTURY 21 INNOVATIVE REALTY INC.

Property details

MLS #

C12445088
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Gym,Media Room,Party/Meeting Room,Visitor Parking,Rooftop Deck/Garden
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12445088
Sq. Ft

600-699
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Concierge,Gym,Media Room,Party/Meeting Room,Visitor Parking,Rooftop Deck/Garden
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

2.75 x 2.5 ft Main level

hardwood floor, Breakfast Bar, B/I Appliances
Living

4.09 x 3.15 ft Main level

hardwood floor, Open Concept
Den

2.92 x 1.6 ft Main level

hardwood floor, Semi Ensuite
Primary

3.12 x 2.87 ft Main level

hardwood floor, Semi Ensuite, Double Closet
Dining

2.75 x 2.5 ft Main level

hardwood floor, Breakfast Bar, Combined W/Kitchen

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 507-8 Mercer Street, Toronto

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C1

Active listings

757

Average Selling Price of a Condo Apt

September 2025

$706,925

Last 3 Months

$726,972

Last 12 Months

$761,678

September 2024

$784,206

Last 3 Months LY

$799,193

Last 12 Months LY

$778,664

Change

-10%

Change

-9%

Change

-2%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C1

Average Selling Price

3 years ago

$861,260

Average Selling Price

5 years ago

$760,396

Average Selling Price

10 years ago

$466,892

Change

-18%

Change

-7%

Change

51%

Number of Condo Apt Sold

September 2025

119

Last 3 Months

118

Last 12 Months

111

September 2024

108

Last 3 Months LY

112

Last 12 Months LY

120

Change

10%

Change

-7%

How many days Condo Apt takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

18%

Change

21%

Change

19%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.