Luxury Mercer Condo In Core of Entertainment District, Spacious Unit With 9' ceiling. 2 Balconies, Steps Away From Tiff, Theatres,Rogers Centre, CN Tower, Financial District, and Metro Hall where has access to the PATH and TTC subway stations. Amenityincludes 24/7 security concierge, gym, sauna room, party room, and in-house theatre.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,071 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 8 Mercer St #2402
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
8 Mercer St #2402 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,685
/mo
based on the purchase price of $749,999
$150,000 cash
$599,999 financed
$505,357 total interest
Principal54%$599,999
Interest46%$505,357
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $750K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5150.2%On average, homes sold at or above asking.
Active listings13,073Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 9,205 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 8 Mercer St #2402
How much is 8 Mercer St #2402 listed for?
8 Mercer St #2402 is listed at $749,999 (MLS® C14168156). Summitly updates the price as soon as the MLS® record changes.
Is $749,999 a good price for 8 Mercer St #2402?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 8 Mercer St #2402 changed?
Yes — it was first listed at $74,999,900 and is now $749,999, a drop of $74,249,901 (99.0%).
How many bedrooms and bathrooms does 8 Mercer St #2402 have?
8 Mercer St #2402 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 8 Mercer St #2402?
About $3,685 a month — principal and interest on $749,999 with 20% down ($150,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 8 Mercer St #2402 compare with other homes in Toronto?
Its asking price of $749,999 is about 11% below the median sold price in Toronto over the last 90 days, $840,000, across 9,205 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 8 Mercer St #2402 been sold before?
Summitly has no earlier MLS® sale or lease of 8 Mercer St #2402 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8 Mercer St #2402?
8 Mercer St #2402 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8 Mercer St #2402 been on the market?
8 Mercer St #2402 was listed today (November 10, 2026).
What is the price per square foot of 8 Mercer St #2402?
About $939 to $1,071 per square foot: the asking price of $749,999 over the 700–799 sq ft the listing gives as its size range.
Does 8 Mercer St #2402 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 8 Mercer St #2402 have a basement, and is it finished?
The listing says 8 Mercer St #2402 has no basement.