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New59 minutes ago

2104 - 8 Mercer Street

Waterfront Communities C1, Toronto

$515,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Looking to live in the most vibrant corner of downtown Toronto? Look no further than 8 Mercer! Welcome to suite 2104, a bright, ideal starter one-bedroom with PARKING surrounded by all the city has to offer! Wondering how you will get around? 8 Mercer is perfectly located to get you where you need to go: steps to the PATH, the King St. streetcar, and St. Andrew subway station. High ceilings and floor-to-ceiling windows that span the width of the unit make the space feel airy and expansive. In a condo, outdoor space is important, and 2104 delivers with a generous open balcony with views of the CN Tower! If you like to cook, this kitchen offers TONS of cabinet storage. For design, it pairs white upper cabinets with a warm wood tone on the lowers, finished with a stone countertop and seamless built-in appliances. Whether you're a first-time buyer, working professional, investor, or looking for a pied-à-terre in one of the city's most sought-after neighbourhoods, this is the one for you! Amenities include a 24-hour concierge, an impressive fitness centre, yoga room, party room, and an expansive rooftop terrace. The best of downtown condo living in an unbeatable location makes this a wonderful purchase. Don't miss it!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size500-599 sq. ft.
Maintenance Fees$442
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,261
mls© NumberC14170636
Listed ByROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
Heat Included
Water Included
Common Elements Included
Parking Included

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,636
Property tax
$272
Heat allowance
$150
Condo fees, half counted
$221
Housing costs
$3,279 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $103,000
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$103,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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