Skip to main
    Toronto / Downtown / King West

    701 - 15 Mercer St

    For RentNobu Residences
    4.0
    $2,900/mth
    2 Beds
    2 Bath
    0 Parking
    700 - 799 SQFT
    28 Days on Strata
    Est Lease Timeframe
    8 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    North West
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to the Highly Anticipates NOBU RESIDENCES AND RESTAURANT in Toronto's Entertainment District! BRAND NEW* Never Lived-In Suite W/9ft Ceilings. 2 Bed +Den And 2 Full Bathrooms. Bright And Beautiful Open Concept W/Floor-To-Ceiling Window. Spacious Kitchen With Built-In Appliances, Quartz Countertop and Backsplash, Under-Cabinet Lighting, Island With Breakfast Bar,. Beautiful Views Of The City and CN Tower. World Renown NOBU Restaurants Located Right In The Same Building! All Transit And Essential Services Are A Short Walk Away incl. The Mercer Street Underground PATH Entrance. Many Transit Options Such As The King St Streetcar, St. Andrew's TTC Station. This Luxury Condominium Building Boasts 20,000 Sq Ft_In State of The Art Amenities Incl: Private Dining Room With Chef's Table/ Screening room. Barbecue and Prep Deck/ Sauna and Steam Room/ Conference Centre/ Massage Room/ Games Room/ Fitness Area/ Hot Tub/ Spin Studio/ Yoga Area/ Glass Atrium/ 60 Bicycle Storage Space.

    re/max real estate centre inc.MLS® #C11955346

    Amenities

    Media Room
    Rec Room
    Gym Room
    Games Room
    Sauna
    BBQs Allowed

    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.

    Similar Listings

    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
    37
    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

    16th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    24
    Units were Sold over the past twelve months

    Rented Units

    311
    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

    Transaction Insights at 15 Mercer Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$545,000 - $615,000$600,000 - $649,786$667,500 - $980,000$770,000 - $900,000No Data$1,125,000
    Avg. Cost Per Sqft$1,167$1,169$1,138$1,087No Data$914
    Avg. Wait for Unit Availability42 Days42 Days17 Days45 DaysNo DataNo Data
    Ratio of Units in Building10%11%54%18%7%3%

    Transactions vs Inventory

    Total number of units listed and leased in King West