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    Toronto / Downtown / King West

    2702 - 15 Mercer St

    For SaleNobu Residences
    $1,050,000
    2 Beds + 1
    2 Bath
    1 Parking
    700 - 799 SQFT
    152 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $643/mth
    Taxes:
    $0 (2024)
    Cost Per Sqft:
    $1,314 - $1,500/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Combined with Dining, Backsplash, Quartz Counter
    14.44 x 14.7ft
    Dining
    Combined with Kitchen, Pot Lights, West View
    14.44 x 14.7ft
    Living
    Combined with Dining, Large Window, South View
    14.44 x 14.7ft

    About this Listing

    Welcome to the prestigious Nobu Residences. This stunning 2 bed + den, 2bath condo offers an unparalleled blend of sophistication, style, & convenience, perfectly situated in the heart of the city. This condo is full of incredible upgrades & designed with an expansive open-concept living area with floor-to-ceiling windows, allowing incredible natural light & offering breathtaking views.. The sleek kitchen features top of the line built in appliances & a large island perfect for entertaining. The primary bedroom includes closet organizers & a spa-like ensuite bathroom, complete with designer fixtures. The the versatile den can be used as a home office, guest room, or additional living area. Residents of Nobu Residences enjoy a wealth of amenities, including a state of the art fitness center, outdoor terrace, 24-hour concierge service & so much more! With its prime location near shopping, dining, & entertainment options, this condo offers the epitome of urban living.

    ExtrasProperty Is digitally staged.

    royal lepage signature realtyMLS® #C9052495

    Amenities

    BBQs Allowed
    Rec Room
    Business Centre
    Media Room
    Sauna
    Games Room

    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
    40
    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

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

    Price Ranking

    19th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    31
    Units were Sold over the past twelve months

    Rented Units

    305
    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$600,000 - $649,786$667,500 - $980,000$770,000 - $992,000$1,125,000No Data
    Avg. Cost Per Sqft$1,167$1,137$1,154$1,110$914No Data
    Avg. Wait for Unit Availability42 Days42 Days17 Days45 DaysNo DataNo Data
    Ratio of Units in Building11%12%54%18%7%2%

    Transactions vs Inventory

    Total number of units listed and sold in King West