The Mercer Condos – Assignment For Sale

Studio Condo Assignment For Sale

at The Mercer – 8 Mercer St. Toronto

We have an excellent investment opportunity at The Mercer Condos: a 408sq ft studio, with a very good unit configuration. This unit is one of the least expensive condos available for sale at The Mercer Condos. It makes for a good investment possibility for a first-time home buyer who would like to be situated right in the Entertainment District section of the Downtown Core, only a block away from Toronto’s Financial District.

This Condo is offered for sale via Assignment.

It is no surprise that bachelor units are becoming a hot commodity these days: An investor would benefit from the lower price of this unit by collecting good rents and paying down a smaller mortgage and reduced condo fees and taxes (in comparison to a larger unit). An end-user, and likely a first-time home buyer, would benefit from ownership at a reduced cost, and get an opportunity to get into Toronto Housing Market right now.

This is an Assignment Condo for sale at The Mercer Condos.

Unit particulars:

• Studio Configuration
• 408 Sq ft
• North Facing (Towards King St)
• Lower floor
• Low price! No Locker or Parking.
• Low maintenance fees, est 212/mo.*
• Lower Municipal Taxes, est 180/mo.*
• A typical mortgage on this unit would be approx 1,100/mo.*
• This unit could carry for approx 1,500/mo.*
• This unit could rent for approx 1,500/mo*

This Condo Assignment For Sale at The Mercer offers you to live at a brand-new unit, in a luxury building, at an entry-level price and very reasonable monthly costs. Simply put, you can own for the exact price it’s cost you to rent a similar unit. This is why so many first-time home buyers are jumping into the Toronto Real Estate market. They are buying because they can invest in their future instead of throwing money on rents. Are you one of them?

Building Amenities are excellent and include:

• Beautiful Lobby
• Club Mercer - This striking space includes a fitness centre, a party room and a screening room as well as a Scandinavian-inspired sauna and spa area.
• Sixth Floor Terrace – green and lush, private residences community space, BBQ and outdoor rooms for your enjoyment.
• Movie Room
• Gym & Sauna
• Party Room with Bar

Would you like to learn more about this Assignment Condo For Sale? Contact us here:

Invest in The Mercer Condos – Contact Yossi Kaplan!

* estimate only! get legal and financial advise from a reliable source!