507 - 8 Mercer Street

Welcome to the stunning apartment for sale in Toronto , located at 8 Mercer Street, Toronto. This exquisite one-bedroom plus den suite is nestled in the vibrant Waterfront Communities C1 area, offering a perfect blend of modern living and urban convenience. The building, known as "The Mercer," is a stylish condo apartment that boasts a contemporary design with a concrete and stucco exterior, ensuring durability and aesthetic appeal.

As you step into this delightful apartment for sale in Toronto, you'll immediately notice the thoughtful layout and designer finishes. The heart of this home is undoubtedly the upgraded Hollywood kitchen, which features sleek designer cabinetry complemented by stainless steel appliances, stone countertops, and a breakfast bar that invites casual dining. This kitchen is not just functional but also a perfect space for entertaining friends or enjoying a quiet meal at home.

The suite offers bright, high floor-to-ceiling windows that flood the space with natural light, highlighting the beautiful hardwood flooring throughout. The spacious master bedroom is a true retreat, complete with a mirrored double closet that provides ample storage. The den, which is generously sized, can easily serve as a dining room or a home office, making this apartment for sale in Toronto versatile and accommodating to your lifestyle.

With a total of five rooms, including one bathroom, this apartment is designed for comfort and convenience. The bathroom is well-appointed, and while there is no additional kitchen or family room, the open-concept living and dining areas create a seamless flow, perfect for modern living. Imagine enjoying your morning brew on the private balcony, which offers a tranquil escape from the bustling city below.

One of the many advantages of this apartment for sale in Toronto is its prime location. Situated at 8 Mercer Street, Toronto, you are just steps away from the city's finest restaurants, sports and concert venues, and the lively theatres along King Street West. With a Walk Score of 98, a Transit Score of 100, and a Bike Score of 90, everything you need is within easy reach. The underground P.A.T.H. is just a stone's throw away, providing convenient access to the city's extensive transit system.

The building itself offers a wealth of amenities designed to enhance your lifestyle. With a 24-hour concierge service, visitor parking, a fitness centre, hot tub, sauna, media room, outdoor terrace, and a party room, you’ll find everything you need right at your doorstep. Plus, this apartment comes with one secure underground parking space, ensuring your vehicle is safe and easily accessible.

This apartment for sale in Toronto is unfurnished, allowing you to personalise the space to your taste. The central air conditioning ensures you stay cool during the warmer months, while the forced air heating keeps you cosy in the winter. Although there is no pool or fireplace, the other features more than compensate, providing a comfortable and stylish living environment.

At 6-10 years old, this apartment is relatively new, meaning you can enjoy modern conveniences without the hassle of extensive renovations. There is no basement, additional land, or central vacuum system, but the thoughtful design and high-end finishes make this a fantastic opportunity for anyone looking to live in one of Toronto's most desirable areas.

In summary, if you're searching for an apartment for sale in Toronto that combines style, comfort, and an unbeatable location, look no further than 8 Mercer Street, Toronto. This one-bedroom plus den suite in "The Mercer" is a rare find that truly embodies the essence of urban living. Don't miss your chance to make this stunning apartment your new home!

Waterfront Communities C1 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This community is characterised by its stunning waterfront parks, scenic promenades, and a rich array of cultural attractions, including galleries, theatres, and restaurants that cater to diverse tastes. Residents enjoy easy access to public transport, making it convenient to explore the rest of the city. The area boasts a modern skyline, with sleek condominiums and innovative architecture, while also providing ample opportunities for outdoor activities such as cycling, jogging, and sailing. With its lively atmosphere and picturesque views, Waterfront Communities C1 presents an enticing option for those seeking a vibrant urban lifestyle by the water's edge.

Schools in the Neighbourhood

The property is conveniently located near several educational institutions, making it an excellent choice for families. Within a short distance, you will find Ogden Junior Public School, just 0.6 km away, offering grades JK to 6 with a commendable school rating of 7.6. Jean Lumb Public School, located 0.8 km from the property, serves grades JK to 8, although it currently has no rating available. For older students, Kapapamahchakwew - Wandering Spirit School (1.1 km away) caters to grades 9 to 12, but it also lacks a school rating. Ryerson Community School, 1.2 km away, offers a French language program for grades JK to 8, with a lower rating of 3.8. St. Mary Catholic School, also 1.2 km from the property, provides a Catholic education for grades JK to 8, rated at 5.7. Additionally, St. Joseph's College School, located 2.1 km away, offers grades 9 to 12 with a solid rating of 7.6. Overall, the area boasts a mix of public and Catholic schools, ensuring a range of educational options for children at various stages of their academic journey.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,878 residents, with an average household size of 1.6 individuals. The community is relatively young, with an average age of 33 years. The average household income stands at $108,700, although 17.8% of the population is classified as low-income. The real estate market reflects a high average property price of $874,000, with 100% of the housing stock consisting of condominiums. A significant portion of the population, 69.6%, are renters, indicating a strong rental market. The demographic profile shows that 59.68% of residents are single, while 21.19% live in households with children. The area is diverse, with 40.93% of the population being immigrants, and a well-educated community, as evidenced by 88.42% holding college or university degrees. Additionally, 15.34% of the population is not in the labor force, suggesting a mix of employment statuses. This combination of factors paints a picture of a vibrant, youthful, and educated community, making it an appealing location for potential homeowners and investors alike.