8 Mercer Street 1710, Toronto C01

$459,000
8 Mercer Street 1710

$459,000

New
18d
Condo ApartmentApartment

8 Mercer Street 1710, Toronto C01

Total Monthly Obligation $2,673

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
18d
Score
21
Yield
6.0%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-C13861572
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,000.18 (2026)
Maintenance-$371.85/mo
Locker-None
Parking-Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE SUPREME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Experience downtown living at its best at The Mercer! This bright, west-facing one-bedroom suite offers an inviting blend of modern style, comfort and indoor-outdoor living. High ceilings and an expansive wall of floor-to-ceiling windows enhance the sense of space and flood the open-concept living and dining area with natural light, while a walkout opens onto a generous 90 sq. ft. balcony. With plenty of room to relax, dine and take in the city views, you may find yourself spending as much time outdoors as in. Full-height sliding doors allow the bedroom to be completely enclosed for privacy or opened to the living area for a more spacious, connected feel. The streamlined kitchen pairs crisp white upper cabinets with warm wood-grain cabinetry and stone countertops, complemented by a full suite of integrated appliances. It's an ideal choice for first-time buyers, professionals, investors or those seeking a convenient city pied-a-terre. Residents enjoy an impressive collection of amenities, including a 24-hour concierge, fully equipped fitness centre, yoga room, sauna and spa area, party room, and an expansive rooftop terrace with lounge and dining areas and BBQs. The Mercer is located in the Entertainment District, just steps from King Street West, TIFF Bell Lightbox, acclaimed restaurants, cafes, theatres and nightlife. Walk to the Financial District, PATH, Rogers Centre, CN Tower, Scotiabank Arena, Union Station and the waterfront. With the King streetcar and St. Andrew subway station nearby, the best of downtown Toronto is within easy reach.

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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$367,200
Land Transfer Taxes$5,655
Legal Fees (Est.)
$
Total cash required for closing$98,955

Total Monthly Obligation

$2,673/mo
Mortgage $1,851
Monthly Loss $2,186
Principal$487
Interest$1,364
Property Tax$250
Condo Fees$372
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.1%36
10-Year IRR
10.7%
Returns Index
18.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,696/yr
NOI
$15,064/yr
Net Cash Flow
-$596/mo
Cash Margin
-25.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8 Mercer Street 1710

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.