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    3111 - 35 Mercer St

    $798,0002 bds2 ba0 pk653 sqft
    124 Days on Strata
    Est Sell Timeframe:
    9 Days
    $798,000
    2 Beds
    2 Bath
    0 Parking
    653 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $444/mth

    Taxes:

    $0 (2024)

    Cost Per Sqft:

    $1,222/sqft

    Outdoor Space:

    None

    Locker:

    None

    Exposure:

    West

    Possession Date:

    To Be Determined

    Laundry:

    Ensuite

    Amenities

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

    About this Listing

    Discover luxury living in the heart of downtown Toronto with this sleek 2 bedroom, 2 bathroom condo at the prestigious Nobu Residences.Perfectly situated in the vibrant Entertainment District, this contemporary condo offers an unmatched blend of style, convenience, and world class amenities. The open concept layout is complemented by floor to ceiling windows, offering abundant natural light and breathtaking city views. The sleek kitchen features high end finishes, integrated appliances, and quartz countertops, perfect for both entertaining and everyday living. The master suite features a spa like ensuite and ample closet space, while the second bedroom is ideal for guests or a home office.Residents enjoy exclusive access to world-class amenities, including a two level Nobu restaurant, a fully equipped fitness center, a serene zen garden, and 24/7 concierge services. Steps away from Toronto's finest dining, entertainment, shopping destinations, and so much more! **EXTRAS** Property is virtually staged

    ExtrasAll Elf's, Window Coverings, Integrated Appliances: B/I Cooktop, B/I Oven, Microwave, B/I Fridge/Dishwasher /Cabinetry Matching Front Panels,Stacked Washer/Dryer

    royal lepage signature realtyMLS® #C11881108

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    Gas

    Heating

    Forced Air

    Room Dimensions

    Kitchen

    Quartz Counter, Built-in Appliances, Combined with Living

    19.36 x 10.83ft

    Dining

    Combined with Kitchen, Laminate, Open Concept

    19.36 x 10.83ft

    Living

    Open Concept, Combined with Dining, Pot Lights

    19.36 x 10.83ft

    Primary

    Windows Floor to Ceiling, Ensuite Bath, Closet

    9.51 x 8.86ft

    2nd Bedroom

    Closet, Laminate, Sliding Doors

    8.86 x 8.86ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore King West


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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

    12th
    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

    295
    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


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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