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The Mercer

8 Mercer St, Downtown

Features

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Price/Sqft Range

363 sqft - 1133 sqft

Avg Price/Sqft

$965 / sq. ft.

Completed

Built: 2015

Building Scale

Floors: 33 | Total Units: 412

Building Details

Building Type

High-Rise condo

Property Management

Built in 2015

Condo Corp

TSCC-2460

Date Registered

Jun 9, 2015

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Building Insurance

Water

Description

1 - About The Mercer

  • Address: 8 Mercer St, Toronto
  • Neighbourhood: Waterfront Communities C1, Downtown, Toronto
  • Storeys: 33
  • Units: 412
  • Built Year: 2015
  • Builder: Graywood Developments
  • Building Type: High-Rise condo
  • Suite Sizes: 363 sqft - 1133 sqft
  • Average Price: $965 / sq. ft.

2 - Overview of The Mercer

Completed in 2015, The Mercer stands as a 33-storey high-rise in Toronto's Entertainment District. The building showcases a "Romantic Modern" architectural approach, featuring a sophisticated façade that combines glass, stone, and brick elements. This layered design pays homage to the historic warehouse character that defines the Mercer and John Street streetscapes.

The tower was conceived as a boutique-hotel-inspired residence within the downtown urban core, offering residents a distinctive living experience. The use of stone and brick at the podium level creates a strong street presence while harmonizing with the established neighbourhood character.

Graywood Developments designed this development to bridge the area's industrial heritage with its evolution into a vibrant cultural district. The structure houses 412 units that successfully balance contemporary design elements within a modern high-rise framework.

3 - Suite Sizes & Value

The Mercer offers suite sizes ranging from 363-square-foot studios to spacious 1,133-square-foot multi-bedroom units. Interior finishes include engineered hardwood flooring and elegant quartz countertops, complemented by floor-to-ceiling windows that maximize natural light and city views.

With an Average Price: $965 / sq. ft., The Mercer presents an accessible entry point for downtown Toronto buyers seeking contemporary finishes in an established high-rise building.

4 - Building Amenities & Features

  • 24-hour concierge service
  • Fitness centre with yoga room and sauna
  • Private theatre for residents
  • Social rooms for entertaining
  • Rooftop terrace with barbecue facilities
  • Visitor parking spaces
  • Spa amenities

5 - Location Highlights

  • Transit Access: Located steps from the King St West at John St transit stop, with the Gardiner Expressway at Rees St just two minutes away by car
  • Shopping & Dining: Three-minute walk to Independent City Market at 289 King St W and nearby Second Cup location
  • Cultural Hub: Situated in Toronto's theatre district with immediate access to entertainment venues
  • Waterfront Proximity: Minutes from the Toronto waterfront and harbourfront attractions
  • Business Districts: Close to the Financial District and connected to the PATH system

6 - Lifestyle Near The Mercer

Living at 8 Mercer St places residents at the heart of Toronto's Entertainment District, where urban sophistication meets cultural vibrancy. The neighbourhood serves as a premier destination for dining, nightlife, and professional networking.

The area offers a more intimate, boutique atmosphere compared to the high-density towers found elsewhere in the core. Residents enjoy the convenience of stepping directly into downtown Toronto's most dynamic neighbourhood, with excellent public transit connectivity ensuring easy access throughout the city.

7 - About the Developer

Graywood Developments is a Toronto-based residential developer specializing in urban infill projects. The company has established a presence in the city's downtown market through various residential developments, including FIVE Condos.

Known for their collaborative approach, Graywood partners with industry professionals to deliver thoughtfully designed residences in prime downtown locations. The firm has built a reputation for creating functional urban living spaces that respond to the unique character of their neighbourhoods.


Neighborhood

Clear View
Hospital
Library
Park
Public Transit
Rec Centre

Building Sales History

Jun 2026 — 2 Listed | 0 Sold

151 days on market

MLS® # C12659380

Jun 5, 2026

Expired

Jan 4, 2026

Listed For Sale

$749,000

96 days on market

MLS® # C12828378

Jun 3, 2026

Suspended

Feb 27, 2026

Listed For Sale

$750,000
May 2026 — 4 Listed | 1 Sold

17 days on market

MLS® # C13041632

May 11, 2026

Terminated

Apr 24, 2026

Listed For Sale

$574,900

127 days on market

MLS® # C12658088

May 10, 2026

Terminated

Jan 3, 2026

Listed For Sale

$379,000

61 days on market

MLS® # C12849140

May 6, 2026

Expired

Mar 5, 2026

Listed For Sale

$399,999

23 days on market

MLS® # C12962366

Apr 29, 2026

Sold

Apr 7, 2026

Listed For Sale

$928,800
Apr 2026 — 5 Listed | 1 Sold

137 days on market

MLS® # C12744922

Apr 29, 2026

Extension

Jan 31, 2026

Listed For Sale

$648,900

99 days on market

MLS® # C12701310

Apr 24, 2026

Terminated

Jan 15, 2026

Listed For Sale

$585,000

3 days on market

MLS® # C12972038

Apr 15, 2026

Sold

Apr 8, 2026

Listed For Sale

$579,880

124 days on market

MLS® # C12976372

Apr 9, 2026

New

Apr 9, 2026

Listed For Sale

$950,000

63 days on market

MLS® # C12760738

Apr 9, 2026

Terminated

Feb 5, 2026

Listed For Sale

$980,000

Waterfront Communities C1 Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.