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!
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $1,030 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 #2104
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 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 #2104 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14170636$515,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 8 Mercer St #2104 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,530
/mo
based on the purchase price of $515,000
$103,000 cash
$412,000 financed
$347,012 total interest
Principal54%$412,000
Interest46%$347,012
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.
For homeowners nearby
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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 1–3 bed homes for sale in Toronto around $515K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5116.9%On average, homes sold at or above asking.
Active listings13,340Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 15 – Aug 13, 2026: prices down.
Based on 9,266 sales from Aug 13 – Nov 11, 2026 (7,225 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
5 for sale · 4 for rent at 8 Mercer St — plus its sale and lease history.
8 Mercer St #2104 is listed at $515,000 (MLS® C14170636). Summitly updates the price as soon as the MLS® record changes.
Is $515,000 a good price for 8 Mercer St #2104?
Summitly rates it Above Market: the asking price is 5% to 15% 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 #2104 changed?
No — 8 Mercer St #2104 is still listed at its original asking price of $515,000.
How many bedrooms and bathrooms does 8 Mercer St #2104 have?
8 Mercer St #2104 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 8 Mercer St #2104?
About $2,530 a month — principal and interest on $515,000 with 20% down ($103,000), 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 #2104 compare with other homes in Toronto?
Its asking price of $515,000 is about 39% below the median sold price in Toronto over the last 90 days, $840,000, across 9,266 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 #2104 been sold before?
Summitly has no earlier MLS® sale or lease of 8 Mercer St #2104 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 8 Mercer St #2104?
8 Mercer St #2104 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8 Mercer St #2104 been on the market?
8 Mercer St #2104 was listed today (November 11, 2026).
What is the price per square foot of 8 Mercer St #2104?
About $860 to $1,030 per square foot: the asking price of $515,000 over the 500–599 sq ft the listing gives as its size range.
Does 8 Mercer St #2104 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 8 Mercer St #2104 have a basement, and is it finished?
The listing says 8 Mercer St #2104 has no basement.
