15 Mercer Street 525

Waterfront Communities C1, Toronto, M5V 1H2 · More in this building

$499,000

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  • 1+1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 600-699 sq ft

Listed 17 days ago · MLS® C13858184

About this home

Rare 631 sqft corner 1+Den suite at the prestigious NOBU Residences Toronto, offered at one of the lowest price-per-square-foot opportunities currently available in the building, with monthly maintenance fees conveniently less than $0.77 per sqft. The functional layout features 9 ft ceilings and a spacious den ideal for a home office or flexible guest space. Modern kitchen with built-in high-end appliances, ambient lighting, and generous storage. The bedroom includes blackout window coverings, and the unit comes with all existing window coverings. Residents enjoy access to the building's amenities, including state-of-the-art facilities, while world-class dining is available nearby with the NOBU restaurant. Direct access to Toronto's vibrant Entertainment District and nearby transit, including PATH connectivity, completes the package. An exceptional opportunity for both investors and homeowners seeking the energy and convenience of downtown Toronto.

Details

Type
Condo Apartment
Style
Apartment
Age
0-5 years
Size
600-699 sq ft
Basement
None
Garage
None
Kitchens
1
Property tax
$3,145 (2025)
Maintenance fee
$478/month
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01
Price per sq ft
$768 (17% below condo apartments in Waterfront Communities C1, $925)
Fee per sq ft
$0.74/month (Toronto median $0.92)

Interior

Bedrooms
1 above ground + 1 below
Bathrooms
1 × 4-piece (flat)
Rooms
4 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite
Features
Built-In Oven, Carpet Free, Countertop Range, Separate Heating Controls, Separate Hydro Meter

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete
Age
0-5 years

Condo

Monthly fee
$478
Fee includes
Common Elements Included, Building Insurance Included
Amenities
Concierge, Gym, Party Room/Meeting Room, Rooftop Deck/Garden
Exposure
South
Pets
Yes-with Restrictions
Security
Concierge/Security
Property manager
Forest Hill Kipling

More

Possession
Immediate
Cross street
King St & Blue Jays Way

Rooms

RoomLevelSizeFeatures
BedroomFlat3.35 × 2.97 m (11' × 9'9")Window Floor to Ceiling, Laminate, Closet
DenFlat2.1 × 2 m (6'11" × 6'7")Open Concept, Laminate
KitchenFlat4.45 × 4.01 m (14'7" × 13'2")Open Concept, Laminate, B/I Appliances
Dining RoomFlat4.45 × 4.01 m (14'7" × 13'2")Open Concept, Laminate, Combined w/Living
Living RoomFlat4.45 × 4.01 m (14'7" × 13'2")Open Concept, Laminate, Combined w/Dining

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St. Andrew Subway8 min walk
  • 🚇 Osgoode Subway11 min walk
  • 🚆 Toronto Union Station GO13 min walk

Within a 10-minute walk: 23 grocery stores, 429 cafés and restaurants, 30 parks, 20 pharmacies. Nearest grocery: Foodlane (100 m). Nearest park: Robert Grasett Park (250 m).

Schools nearby

Elementary

  • ALPHA Alternative Junior School9 min walk
  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%
    10 min walk
  • Jean Lumb Public School
    EQAO: Gr 6 reading 93%, math 65%
    11 min walk
  • Bishop Macdonell Catholic Elementary School Catholic
    EQAO: Gr 6 reading 97%, math 64%
    12 min walk

Secondary

  • Oasis Alternative Secondary School9 min walk
  • Contact Alternative School14 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.

  • Assault52% above average
  • Break and enter55% above average
  • Auto theft57% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings30% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 54 active

  • 156 JOHN ST · 450 m
    Site Plan · Application Received · applied 2026
    Proposed change of use from office to a hotel occupancy with ground floor modifications.
    Application details
  • 276 KING ST W · 250 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    OPA and rezoning for amendments to modify the performance standards applicable to the mixed-use building to be located at 274-284 King Street West on the West…
    Application details
  • 315 FRONT ST W · 250 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval Application for Phase 1 of a three phase development at 315-325 Front Street West. The Phase 1 site plan includes two primarily residential…
    Application details
  • 55 JOHN ST · 150 m
    Site Plan · NOAC Issued · applied 2025
    Site Plan Approval for the relocation of Toronto Fire and Emergency Service Station 332 to the south side of Metro Hall.
    Application details
  • 315 FRONT ST W · 250 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Zoning By-law Amendment to previously approved ZBA 19 204347 STE 10 OZ for three residential towers (50 and 71 storeys) and one office tower (60 storeys). The…
    Application details
  • 111 PETER ST · 300 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Zoning By-law Amendment for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…
    Application details

59 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 600 m
  • 🚧 Osgoode 700 m
  • 🚧 King West GO Transit950 m

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Heritage Protected

This address is on Toronto’s Heritage Register: Designated (Part IV) (2015). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.

Heritage Register entry

Building permits

  • Electromagnetic Locks · 2025 · Revision Issued
    Rev 01 - INSTALLATION OF ADDITIONAL THREE (3) MAG LOCKS: ONE (1) AT LEVEL 1 AND TWO (2)LEVEL 1 MEZANNINEProposed to installation of…
  • Interior Alterations · 2024 · Inspection
    CONSTRUCTION OF NEW INTERIOR PARTITIONS (Convenience address 19 Mercer St)
  • Interior Alterations · 2023 · Closed
    Proposal for interior fit-out for Restaurant. "Nobu Restaurant"
  • Interior Alterations · 2022 · Inspection
    Proposal for Interior fit-out for Hotel. "Nobu Hotel"
  • Alternative Solution · 2022 · Under Review
    Proposal to use window sprinklers and/or close spaced sprinklers for protection of unprotected openings in the southern exposing facade at…

6 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

8 City street trees within 100 m, mostly honeys. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE SIGNATURE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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