Building Details
Listing History for Nobu Residences
Amenities
Maintenance Fees
About 35 Mercer Street — Nobu Residences
If you’re looking for a Toronto condo for sale, then Nobu Residences is a great choice. Standing 45 storeys tall at 15 Mercer Street, 35 Mercer Street, this development provides residents with an excellent starting point to explore the King West neighbourhood. The property was completed in 2018 by Madison Group, and is comprised of 660 units, ranging in size from 400 to 1100 square feet.
This condo is very conveniently located, with a well above average Walk Score of 97 and a low demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.68 per-square-foot, which is lower than the neighbourhood average of $0.82 per-square-foot.
The Suites
On average, units at 15 Mercer Street, 35 Mercer Street sell -3.84% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $1,058 and units sell with 41 days on market on average. Over the past 12 months, 39 have sold and 279 have have been rented here.
The Neighbourhood
This is an excellent location for those who love to dine out, with great restaurants close by such as 309 Dhaba Indian Restaurant of Excellence, Aroma Fine Indian Cuisine and Gabby's Restaurant. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 3 minutes to get to Starbucks, Cafe Victor and Tim Hortons.
Grocery shopping can feel like a chore — but not when Rabba Fine Foods, Mike's Independent City Market Toronto and Fresh & Wild Food Market are just an easy 8-minute walk away.
Nobu Residences is a great choice for residents who are money conscious — with banks like RBC Royal Bank office and TD Toronto nearby.
Getting some fresh air is a breeze when you live at 15 Mercer Street, 35 Mercer Street because excellent green spaces like Remembered Sustenance and Isabella Valancy Crawford Park are walkable in under 5 minutes.
Those who love to shop will appreciate all the options nearby with Beam.city, Uniwell Building and Intellon just 11 minutes from here.
There are also several unique attractions nearby to keep yourself entertained, such as Tatar Gallery, Verno International Art Studios and ROBERTA PELAN — all just a quick 5-minute walk away. CineCycle is just a short drive away for movie nights.
Nobu Residences is a short drive away from ALPHA Alternative Junior School, Downtown Vocal Music Academy of Toronto and St. Mary Catholic Elementary School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Apex Academy Online, Oasis Alternative Secondary School and E F High School Year can be reached by car in under 2 minutes.
Transportation
With a 97 walk score, public transit users can reach the nearest light transit stop at Front St West At John St in just minutes. St Andrew station is only 10 minutes walking distance from the building.
Curious about similar condos in the area? Check out 8 Mercer Street, 250 Wellington Street W and 270 Wellington Street W — all within walking distance.
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Listings For Rent
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Price Cut: $200 (Oct 28)
Price Cut: $150 (Oct 29)
Price Cut: $150 (Oct 25)
Price Cut: $400 (Oct 22)
Price Increase: $300 (Oct 30)
Price Cut: $1 (Oct 19)
Price Cut: $1 (Oct 24)
Price Cut: $200 (Oct 26)
Price Cut: $300 (Oct 25)
Explore Neighbourhood
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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.
Price Trends
Maintenance Fees
Building Trends At Nobu Residences
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 35 Mercer Street
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $545,000 - $615,000 | $540,000 - $650,000 | $667,500 - $980,000 | $770,000 - $1,145,000 | $1,125,000 | No Data |
Avg. Cost Per Sqft | $1,167 | $1,116 | $1,170 | $1,209 | $914 | No Data |
Price Range | $2,075 - $2,450 | $2,180 - $2,650 | $2,400 - $3,950 | $2,850 - $4,750 | $3,900 - $4,850 | $3,950 - $4,000 |
Avg. Wait for Unit Availability | 42 Days | 42 Days | 17 Days | 45 Days | No Data | No Data |
Avg. Wait for Unit Availability | 9 Days | 9 Days | 3 Days | 7 Days | 26 Days | 16 Days |
Ratio of Units in Building | 11% | 12% | 53% | 19% | 7% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in King West