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    Toronto / Downtown / King West

    1312 - 35 Mercer St

    For RentNobu Residences
    $4,200/mth
    Price Cut: $4,500
    2 Beds + 1
    2 Bath
    0 Parking
    862 SQFT
    21 Days on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    Yes
    Outdoor Space:
    Balcony
    Furnished:
    Yes
    Exposure:
    North East
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Prim Bdrm
    3 Piece Ensuite, Large Closet, Large Window
    10.01 x 9.68ft
    2nd Bedroom
    Laminate, Large Closet, Large Window
    10.01 x 9.45ft
    Living
    Combined with Dining, Open Concept, Large Window
    24.02 x 11.48ft

    About this Listing

    NOBU Residences: The Pinnacle of Luxury Living in Toronto. We are pleased to present 35 Mercer, an impeccably Fully Furnished 2-bedroom + Den, 2-bathroom Condo situated in the vibrant heart of the Toronto Entertainment District. This contemporary unit features expansive living areas that are accentuated by high-quality finishes throughout. The kitchen is equipped with premium Miele built-in appliances with quartz countertops, seamlessly combining aesthetic appeal with practical functionality. The residence offers two spacious bedrooms, including a primary suite that includes a 3-piece ensuite bathroom. Residents can take advantage of exceptional amenities, such as a swimming pool, outdoor basketball court, meeting rooms, sauna, and access to hotel services and a variety of restaurants, among many others.Conveniently located just steps from St. Andrew TTC Subway Station and the King St W Streetcar, this residence is in close proximity to notable attractions including the Rogers Centre, Scotiabank Arena, and TIFF Bell Lightbox. Additionally, a selection of trendy shops and dining establishments are within walking distance. This unit comes fully furnished and equipped with all essentials for immediate occupancy, including internet service and all utilities.

    ExtrasFridge, Stove, Dishwasher, Microwave, Washer/Dryer, All Light Fixtures, All Window Coverings, All Existing Furniture

    on the blockMLS® #C10096073

    Amenities

    Gym Room
    Media Room
    Rec Room
    BBQs Allowed
    Games Room
    Sauna

    Explore Neighbourhood

    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.

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    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%

    Price Trends

    Maintenance Fees

    Nobu Residences vs The King West Area

    Building Trends At Nobu Residences

    Days on Strata

    Units at Nobu Residences spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    36
    Units were Sold over the past twelve months

    Rented Units

    285
    Units were Rented over the past twelve months

    Best Value Rank

    Nobu Residences offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Nobu Residences has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Nobu Residences yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Nobu Residences is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 15 Mercer Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$545,000 - $615,000$540,000 - $650,000$667,500 - $980,000$770,000 - $1,085,000$1,125,000No Data
    Avg. Cost Per Sqft$1,167$1,116$1,168$1,169$914No Data
    Avg. Wait for Unit Availability42 Days42 Days17 Days45 DaysNo DataNo Data
    Ratio of Units in Building11%11%53%18%7%2%

    Transactions vs Inventory

    Total number of units listed and leased in King West