8 Mercer Street 2808, Toronto C01

$1,024,999
8 Mercer Street 2808

$1,024,999

New
3d
Condo ApartmentApartment

8 Mercer Street 2808, Toronto C01

Total Monthly Obligation $90,468

Beds
3
Baths
2
Park
1
Sqft
900-999
DOM
3d
Score
22
Yield
4.9%
Cash on Cash
-468.4%
Cap Rate
-96.1%
5Y IRR
6259742880.4%
10Y IRR
120377434231.9%
Property Type-Condo Apartment
MLS® Number-C14097432
Beds-3
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,024,999 (2026)
Maintenance-$716.82/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60 Days
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Beautiful southwest corner 3 bedroom, 2 bathroom condo with a large balcony and (1)underground parking space. The floor to ceiling windows give the unit a luxirious view of thedowntown Toronto skyline capturing Lake Ontario and the CN Tower. Equipped with a fully modernkitchen and built in appliances this condo embodies downtown Toronto luxury living. Amenitiesthat are included with the condo are the shared usage of a large terrace on the 6th floor,fitness room, party room and a sauna and spa area. The unit is within steps to the P.A. T.H.,the TTC St. Andrew's Subway Station and King West area of downtown Toronto.

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

Closing Costs

Mortgage Amount
$819,999
Land Transfer Taxes$16,975
Legal Fees (Est.)
$
Total cash required for closing$223,475

Total Monthly Obligation

$90,468/mo
Monthly Loss $89,380
Principal$1,088
Interest$3,047
Property Tax$85,417
Condo Fees$717
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
-96.6%0
Cash-on-Cash
-472.0%0
5-Year IRR
500.0%100
10-Year IRR
500.0%
Returns Index
40.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$50,412/yr
NOI
-$990,630/yr
Net Cash Flow
-$86,687/mo
Cash Margin
-2063.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
-19.970
LTV Ratio
80.0%18
Vacancy Buffer
0.1 mo9
Risk Index
9.1/ 100

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

Comparables

Properties near 8 Mercer Street 2808

Time

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Data last updated within the past 24 hours.