$4,000/mo - 8 Mercer Street Unit 2208, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed 2 days agoNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13862106
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Stunning, Spacious, Bright & Airy 3 Bed 2 Bath Condo On Alluring Mercer St In The Heart Of The Entertainment District. Available for Lease from Dec, 1st. This Southwest-Facing Corner Unit Offers Breathtaking CN Tower Views And Sun-Drenched Living Spaces With Floor-To-Ceiling Windows. Located On The 22nd Floor, This 912 Sqft Suite Features An Excellent Layout, Engineered Hardwood Floors, And A Generous Kitchen With A Built-In Island, Stainless Steel Appliances, And Granite Countertops.Step Outside To An Oversized 112 Sqft Balcony And Take In The Urban Energy That Surrounds YouJust Across From The World-Renowned NOBU Restaurant And Moments To Toronto's Best Dining, Nightlife, And Cultural Attractions.Includes One Parking Spot. Enjoy Resort-Style Amenities Including A Hot Tub, Sauna, Yoga Room, Large Fitness Centre (2nd Floor), Outdoor Deck With BBQs (6th Floor), 24/7 Concierge, And Ample Visitor ParkingA Rare Find Downtown.Unbeatable WalkabilityOnly 5 Minutes To The Financial District And St Andrew Subway Station. Walk To Rogers Centre, Scotiabank Arena, Union Station, And The UP Express To Pearson Airport.This Is The Epitome Of Urban Living.
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
8 Mercer Street Unit 2208, Downtown Toronto / Waterfront
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $4,000/mo, this is asking above the typical 3-bedroom rent of ~$3,500/mo in Downtown Toronto. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.