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    35 Mercer Street & 15 Mercer Street

    Nobu Residences
    12for Sale
    29for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    45

    Number of Units:

    660

    Condo Completion:

    2018

    Condo Demand:

    Medium

    Unit Size Range:

    400 - 1,158 SQFT

    Unit Availability:

    Medium

    Property Management:

    No Data

    Amenities

    Business Centre
    Media Room
    BBQs Allowed
    Sauna
    Rec Room
    Gym Room
    Games Room

    About 35 Mercer StreetNobu Residences

    If you’re looking for a Toronto condo for sale, then Nobu Residences is a great choice. Standing 45 storeys tall at 15 Mercer Street, 35 Mercer Street, this development provides residents with an excellent starting point to explore the King West neighbourhood. The property was completed in 2018 by Madison Group, and is comprised of 660 units, ranging in size from 400 to 1158 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 97 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.70 per-square-foot, which is lower than the neighbourhood average of $0.85 per-square-foot.

    The Suites

    On average, units at 15 Mercer Street, 35 Mercer Street sell -2.82% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $1,100 and units sell with 32 days on market on average. Over the past 12 months, 17 have sold and 300 have have been rented here.

    The Neighbourhood

    This is an excellent location for those who love to dine out, with great restaurants close by such as 309 Dhaba Indian Restaurant of Excellence, Aroma Fine Indian Cuisine and Gabby's Restaurant. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 3 minutes to get to Starbucks, Cafe Victor and Tim Hortons.

    Grocery shopping can feel like a chore — but not when Rabba Fine Foods, Mike's Independent City Market Toronto and Fresh & Wild Food Market are just an easy 8-minute walk away.

    Nobu Residences is a great choice for residents who are money conscious — with banks like RBC Royal Bank office and TD Toronto nearby.

    Getting some fresh air is a breeze when you live at 15 Mercer Street, 35 Mercer Street because excellent green spaces like Remembered Sustenance and Isabella Valancy Crawford Park are walkable in under 5 minutes.

    Those who love to shop will appreciate all the options nearby with Beam.city, Uniwell Building and Intellon just 11 minutes from here.

    There are also several unique attractions nearby to keep yourself entertained, such as Tatar Gallery, Verno International Art Studios and ROBERTA PELAN — all just a quick 5-minute walk away. CineCycle is just a short drive away for movie nights.

    Nobu Residences is a short drive away from ALPHA Alternative Junior School, Downtown Vocal Music Academy of Toronto and St. Mary Catholic Elementary School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Apex Academy Online, Oasis Alternative Secondary School and E F High School Year can be reached by car in under 2 minutes.

    Transportation

    With a 97 walk score, public transit users can reach the nearest light transit stop at Front St West At John St in just minutes. St Andrew station is only 10 minutes walking distance from the building.

    Curious about similar condos in the area? Check out 101 Peter Street, 8 Mercer Street and 250 Wellington Street W — all within walking distance.

    Maintenance Fees

    Included in Fees
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Listing History for Nobu Residences

    Apr 04, 202566 days on Strata
    terminated

    $1,300,000
    4004 - 15 Mercer St
    3
    2
    1
    1158 Sqft
    View
    Apr 03, 202591 days on Strata
    expired

    $2,600
    1607 - 15 Mercer St
    2
    2
    0
    600 - 699 Sqft
    View
    Receive listing updates for King West

    Reviews for Nobu Residences

    Charlie N
    March 19 2025
    5 out of 5
    Luxury living at its finest! Stunning amenities, historic design in a prime downtown location near all the top attractions. A perfect blend of elegance and convenience.
    Emily V
    March 2 2025
    Potential Buyer
    4 out of 5
    The building is brand new and there is a lot of dust and noise still. Things get broken way too often and maintenance is backlogged. The location is great, and when the building is done I'm sure it will be great, but I've heard a lot of complaints from people living in the buildings nearby about how annoying the construction was for this place so far. Might be back when the ammenities are completed and the issues are sorted out
    Chiu M
    March 31 2025
    4 out of 5
    Beautiful design and great location, but sales performances raises questions. While the amenities are impressive, potential renters and buyers should research market conditions before committing. Still a solid choice overall
    12

    Listings For Sale

    Interested in receiving new listings for sale?

    29

    Listings For Rent

    Interested in receiving new listings for rent?

    15 Mercer St, unit 902 for rent
    $1,600/mth
    Price Cut: $100 (Mar 28)
    15 mercer stKing WestUnit 902
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available Jan 16, 2025
    15 Mercer St, unit 305 for rent
    15 mercer stKing West
    1 Bed + 12 Baths600 SQFT0 Parking
    Available Apr 1, 2025
    15 Mercer St, unit 318 for rent
    $2,600/mth
    15 mercer stKing WestUnit 318
    1 Bed + 12 Baths600 - 699 SQFT1 Parking
    Available Mar 1, 2025
    35 Mercer St, unit 519 for rent
    $2,600/mth
    35 mercer stKing WestUnit 519
    1 Bed + 12 Baths595 SQFT0 Parking
    Available Immediately
    35 Mercer St W, unit 1006 for rent
    $2,600/mth
    35 mercer st wKing WestUnit 1006
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available May 1, 2025
    No photo available
    $2,600/mth
    15 mercer stKing WestUnit 1607
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available Immediately
    15 Mercer St, unit 701 for rent
    $2,900/mth
    15 mercer stKing WestUnit 701
    2 Beds2 Baths700 - 799 SQFT0 Parking
    Available Apr 15, 2025
    35 Mercer St, unit 1613 for rent
    35 mercer stKing West
    2 Beds2 Baths694 SQFT0 Parking
    Available Immediately
    35 Mercer St, unit 2616 for rent
    35 mercer stKing West
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available May 1, 2025
    35 Mercer St, unit 811 for rent
    $3,200/mth
    35 mercer stKing WestUnit 811
    2 Beds2 Baths800 - 899 SQFT0 Parking
    Available Mar 28, 2028
    15 Mercer St, unit 806 for rent
    $3,200/mth
    15 mercer stKing WestUnit 806
    2 Beds2 Baths701 SQFT0 Parking
    Available May 1, 2025
    15 Mercer St, unit 1504 for rent
    15 mercer stKing West
    2 Beds + 12 Baths800 - 899 SQFT0 Parking
    Available Jun 5, 2025
    35 Mercer St, unit 1413 for rent
    35 mercer stKing West
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available May 1, 2025
    15 Mercer St, unit 1106 for rent
    $3,300/mth
    15 mercer stKing WestUnit 1106
    2 Beds + 12 Baths900 SQFT0 Parking
    Available Apr 1, 2025
    35 Mercer St, unit 3814 for rent
    $3,300/mth
    35 mercer stKing WestUnit 3814
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available Immediately
    15 Mercer St, unit 1608 for rent
    15 mercer stKing West
    2 Beds + 12 Baths800 - 899 SQFT0 Parking
    Available Jun 1, 2025
    35 Mercer St, unit 4014 for rent
    35 mercer stKing West
    2 Beds2 Baths600 - 699 SQFT0 Parking
    Available Mar 26, 2025
    15 Mercer St, unit 1004 for rent
    $3,500/mth
    15 mercer stKing WestUnit 1004
    2 Beds2 Baths700 - 799 SQFT0 Parking
    Available Immediately
    35 Mercer St, unit 2610 for rent
    $3,545/mth
    35 mercer stKing WestUnit 2610
    2 Beds + 12 Baths800 - 899 SQFT1 Parking
    Available Jun 3, 2025
    15 Mercer St, unit 1408 for rent
    $3,550/mth
    15 mercer stKing WestUnit 1408
    2 Beds2 Baths799 SQFT1 Parking
    Available 3+ bus. days
    35 Mercer St, unit 3910 for rent
    $3,695/mth
    35 mercer stKing WestUnit 3910
    2 Beds2 Baths800 - 899 SQFT1 Parking
    Available 3+ bus. days
    35 Mercer St, unit 2912 for rent
    $3,700/mth
    35 mercer stKing WestUnit 2912
    2 Beds2 Baths800 - 899 SQFT0 Parking
    Available Immediately
    35 Mercer St, unit 2210 for rent
    $3,750/mth
    Price Cut: $150 (Mar 28)
    35 mercer stKing WestUnit 2210
    2 Beds + 12 Baths890 SQFT1 Parking
    Available May 1, 2025
    15 Mercer St, unit 4303 for rent
    $3,750/mth
    15 mercer stKing WestUnit 4303
    3 Beds2 Baths800 - 899 SQFT1 Parking
    Available Mar 28, 2025
    35 Mercer St S, unit 1005 for rent
    35 mercer st sKing West
    2 Beds + 12 Baths800 - 899 SQFT1 Parking
    Available Immediately
    35 Mercer St, unit 3412 for rent
    $4,200/mth
    Price Increase: $700 (Mar 28)
    35 mercer stKing WestUnit 3412
    2 Beds2 Baths800 SQFT0 Parking
    Available Jan 17, 2025
    15 Mercer St, unit 3705 for rent
    15 mercer stKing West
    3 Beds2 Baths1000 - 1199 SQFT1 Parking
    Available Immediately
    15 Mercer St, unit 4105 for rent
    $5,000/mth
    15 mercer stKing WestUnit 4105
    3 Beds2 Baths1000 - 1199 SQFT1 Parking
    Available Immediately
    15 Mercer St, unit 3903 for rent
    $5,500/mth
    15 mercer stKing WestUnit 3903
    3 Beds + 13 Baths1000 - 1199 SQFT0 Parking
    Available Immediately

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%



    Days on Strata

    Units at Nobu Residences spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    14th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    296
    Units were Rented over the past twelve months

    Best Value Rank

    Nobu Residences offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Nobu Residences has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Nobu Residences yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Nobu Residences is the
    ?
    most popular building out of 112 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Nobu Residences

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$545,000$600,000 - $649,786$711,000 - $750,000$770,000 - $900,000No Data$1,125,000
    Avg. Cost Per Sqft$1,080$1,177$1,122$1,097No Data$914
    Avg. Wait for Unit Availability42 Days42 Days18 Days40 DaysNo DataNo Data
    Ratio of Units in Building10%11%54%19%7%3%

    Market Inventory

    Total number of units listed and sold in King West