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            AIDA

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            Disclaimer

            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

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            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.

            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# C4996841

            $1,450
            0br 1ba 0-499sf

            Water

            Y

            Heating

            Y

            Hydro

            N

            Parking

            N

            Laundry

            Ensuite

            WalkScore

            97

            TransitScore

            100

            Compare$1,541

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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            BAY STREET GROUP INC., BROKERAGE

            Learn more about this property:
            MLS# C4996841 Listing Details
            Among all comparable properties rented in condo located at 8 Mercer St in Waterfront Communities C1 in Toronto from Jan 2017 to Nov 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $1,300

            Maximum Rent Adjusted was:

            $1,668

            AIDA's ESTIMATE (based on 64 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:

            $XXX,XXX

            Which makes the Asking Price ($1,450) less than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.

            Comparables

            AIDA found 64 comparable properties rented out in condo located at 8 Mercer St in Waterfront Communities C1 in Toronto from Jan 2017 to Nov 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesSold PriceTime Adj %Time Adj Price
            2017-01-24***25038 Mercer StE0-4990+0 • 10.0$1,550-8.03%***
            2017-02-03***8038 Mercer StE0-4990+0 • 10.0$1,500-6.03%***
            2017-02-21***29038 Mercer StW0-4990+0 • 10.0$1,550-6.03%***
            2017-02-24***#3228 Mercer StN0-4990+0 • 10.0$1,500-6.03%***
            2017-03-30***18038 Mercer StE0-4990+0 • 10.0$1,600-3.9%***
            2017-04-05***21038 Mercer StE0-4990+0 • 10.0$1,600-2.45%***
            2017-05-07***11098 Mercer StW0-4990+0 • 10.0$1,625-3.57%***
            2017-05-16***16098 Mercer StW0-4990+0 • 10.0$1,600-3.57%***
            2017-05-25***14038 Mercer StE0-4990+0 • 10.0$1,650-3.57%***
            2017-06-12***23038 Mercer StE0-4990+0 • 10.0$1,650-5.02%***
            2017-06-17***15038 Mercer StE0-4990+0 • 10.0$1,750-5.02%***
            2017-06-26***4268 Mercer StN0-4990+0 • 10.0$1,750-5.02%***
            2017-07-16***5028 Mercer StN0-4990+0 • 10.0$1,775-6.02%***
            2017-07-21***10098 Mercer StSw0-4990+0 • 10.0$1,625-6.02%***
            2017-07-22***28038 Mercer StE0-4990+0 • 10.0$1,750-6.02%***
            2017-07-26***4258 Mercer StN0-4990+1 • 10.0$1,700-6.02%***
            2017-08-18***11038 Mercer StE0-4990+0 • 10.0$1,775-7.96%***
            2017-09-28***4228 Mercer StN0-4990+0 • 10.0$1,725-10.73%***
            2017-11-17***23098 Mercer StSw0-4990+0 • 10.0$1,820-13.88%***
            2017-12-19***13098 Mercer StW0-4990+0 • 10.0$1,750-13.68%***
            2018-01-03***2028 Mercer StN0-4990+0 • 10.0$1,650-12.64%***
            2018-03-19***4248 Mercer StN0-4990+0 • 10.0$1,700-12.13%***
            2018-03-25***25038 Mercer StE0-4990+0 • 10.0$1,800-12.13%***
            2018-03-31***21098 Mercer StSw0-4990+0 • 10.0$1,850-12.13%***
            2018-04-04***8038 Mercer StE0-4990+0 • 10.0$1,775-13.63%***
            2018-04-07***7098 Mercer StW0-4990+0 • 10.0$1,720-13.63%***
            2018-04-14***30038 Mercer StE0-4990+0 • 10.0$1,850-13.63%***
            2018-05-22***30098 Mercer StSw0-4990+0 • 10.0$1,850-14.56%***
            2018-05-26***9098 Mercer StSw0-4990+0 • 10.0$1,800-14.56%***
            2018-06-19***5238 Mercer StN0-4990+0 • 10.0$1,850-15.7%***
            2018-07-02***17098 Mercer StW0-4990+0 • 10.0$1,900-16.72%***
            2018-07-08***5228 Mercer StN0-4990+0 • 10.0$1,875-16.72%***
            2018-07-14***28038 Mercer StE0-4990+0 • 10.0$1,800-16.72%***
            2018-07-23***4258 Mercer StN0-4990+0 • 10.0$1,860-16.72%***
            2018-07-25***12098 Mercer StW0-4990+0 • 10.0$1,900-16.72%***
            2018-08-01***5028 Mercer StN0-4990+0 • 10.0$1,950-17.58%***
            2018-10-21***4228 Mercer StN0-4990+0 • 10.0$1,900-20.77%***
            2018-10-23***#3228 Mercer StN0-4990+0 • 10.0$1,900-20.77%***
            2019-01-08***24098 Mercer StW0-4990+0 • 10.0$1,850-20.27%***
            2019-02-26***16038 Mercer StE0-4990+0 • 10.0$1,899-18.6%***
            2019-04-07***29098 Mercer StW0-4990+0 • 10.0$1,950-17.9%***
            2019-04-10***9038 Mercer StE0-4990+0 • 10.0$1,750-17.9%***
            2019-04-22***7098 Mercer StreetW0-4990+0 • 10.0$1,870-17.9%***
            2019-04-23***30098 Mercer StreetSw0-4990+0 • 10.0$1,950-17.9%***
            2019-05-03***30038 Mercer StreetE0-4990+0 • 10.0$1,950-18.6%***
            2019-06-10***18098 Mercer StreetW0-4990+0 • 10.0$1,950-19.04%***
            2019-06-21***5228 Mercer StreetN0-4990+0 • 10.0$1,875-19.04%***
            2019-06-30***26038 Mercer StreetE0-4990+0 • 10.0$1,900-19.04%***
            2019-08-28***#3228 Mercer StreetN0-4990+0 • 10.0$1,950-20.52%***
            2019-09-01***10098 Mercer StreetW0-4990+0 • 10.0$1,950-21.06%***
            2019-09-20***5268 Mercer StreetN0-4990+0 • 10.0$1,950-21.06%***
            2019-10-05***5028 Mercer StreetN0-4990+0 • 10.0$1,975-21.39%***
            2019-10-21***23098 Mercer StreetSw0-4990+0 • 10.0$1,999-21.39%***
            2019-10-22***4228 Mercer StreetN0-4990+0 • 10.0$1,950-21.39%***
            2020-01-15***24098 Mercer StreetW0-4990+0 • 10.0$1,950-20.52%***
            2020-01-29***22098 Mercer StreetW0-4990+0 • 10.0$2,050-20.52%***
            2020-03-09***16038 Mercer StreetE0-4990+0 • 10.0$1,950-19.55%***
            2020-06-16***4248 Mercer StreetN0-4990+0 • 10.0$1,650-12.59%***
            2020-07-16***4238 Mercer StreetN0-4990+0 • 10.0$1,650-10.1%***
            2020-07-30***11098 Mercer StreetW0-4990+0 • 10.0$1,600-10.1%***
            2020-09-02***30038 Mercer StreetE0-4990+0 • 10.0$1,590-6.95%***
            2020-09-09***29098 Mercer StreetW0-4990+0 • 10.0$1,650-6.95%***
            2020-11-02***25098 Mercer StreetW0-4990+0 • 10.0$1,5000%***
            2020-11-21***4258 Mercer StreetN0-4990+0 • 10.0$1,3000%***

            Waterfront Communities C1, Toronto Sales History More

            Waterfront Communities C1, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Waterfront Communities C1, Toronto: Detailed Sales & Rent Statistics for Condos
            Listing Overview

            General:

            909 8 Mercer St is a condo apt apartment, located in Waterfront Communities C1 of city of Toronto, Toronto region, near King St. West/John St, and has been available for lease on ITRealty since 2020-11-22. This unit is located at level 9 of the building and has South-West exposure of Mercer St. Condo registry office is TSCC, corporation number 2460.

            Lot Size and Living Area:

            909 8 Mercer St has 3+0 rooms in total, including 0+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
            Living area of this condo unit is within the range of 0-499 square feet. 8 Mercer St building was built appriximately 0-5 years ago. A ensuite laundry is available at this condo &(type).

            Heating and Cooling:

            The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:


            AIDA has also found the following features: Modern/Renovated/Well Maintained, Open Concept, Motivated Seller Indications, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            909 8 Mercer St condo apt is listed for $1,450.

            Comparative Market Analysis:

            There are similar 0+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $1,541.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Waterfront Communities C1, where 8 Mercer St is located, has $785,196 Home Price Index, and $2,377 Home Rent Index. Average household income at dissemination area of 8 Mercer St is $83,763, and average polulation age is 34 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,923, and average Home Rent Index $2,565.

            Similar Properties & Community Details:

            There are similar to 909 8 Mercer St 0 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
            Learn about the prices of Recently Sold Condos and Recently Rented Condos near 8 Mercer St.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C1 neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 97, 100, and 90 accordingly, location of 8 Mercer St overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

            909 8 Mercer St Listings History Powered By AIDA
            Waterfront Communities C1, Toronto Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Toronto Condos MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (93 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes get rented?
            You may expect 146 to 178 properties like that to be sold in Waterfront Communities C1 during the next 30 days.
            Seasonal sales fluctuation is showing 165% inventory increase comparing to the average annual number, which is equvalent to 61 properties sold per month, and 39% increase comparing to the last six months.
            How soon can it be sold?
            This property has been on the market for 7 days, which is 19 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 4% D.O.M. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and 3% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price can it be sold?
            Similar properties currently sell very close to its asking price in Waterfront Communities C1.
            The selling to asking price ratio is not changing, as this housing type demand remains stable in Waterfront Communities C1.
            This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4996841 Comparative Market Analysis

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