8 Mercer St 1205, Toronto

We have found 6 Houses that closely match the specifications of the property located at 8 Mercer St 1205 with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 755,000 and 1,200,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the M5V0C4 postal code area of Toronto Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 8 Mercer St 1205. The current price of the property is $999,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $799,999. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.