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    35 Mercer Street & 15 Mercer Street

    Nobu Residences

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    45
    Number of Units:
    660
    Condo Completion:
    2024
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 1,138 SQFT
    Unit Availability:
    Medium
    Property Management:
    No Data

    Amenities

    Sauna
    Party Room
    Media Room
    Indoor Pool
    Gym
    Bike Storage
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About 15 Mercer StreetNobu 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 2024 by Madison Group, and is comprised of 660 units, ranging in size from 400 to 1138 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 97 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.71 per-square-foot, which is lower than the neighbourhood average of $0.85 per-square-foot.

    The Suites

    On average, units at 15 Mercer Street, 35 Mercer Street sell -3.66% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $1,074 (based on past 12 months of sales). Units typically sell with 42 days on market on average. Over the past 12 months, 13 have sold and 185 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 321-333 King Street West, 80 John Street and 88 Blue Jays Way — all within walking distance.

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Listing History for Nobu Residences

    Nov, 2025
    15 Mercer St, unit 1001 for rent
    Unit 1001
    Nov 20, 202510 days on strata
    Leased for $3,000Listed for $3,0002 bd | 2 ba | 605 sqft | 0 pkg
    35 Mercer St, unit 2713 for rent
    Unit 2713
    Nov 12, 202548 days on strata
    Leased for $3,250Listed for $3,2002 bd | 2 ba | 692 sqft | 0 pkg
    Receive listing updates for King West

    Reviews for Nobu Residences

    Charlie N
    March 19 2025
    5 out of 5
    Luxury living at its finest! Stunning amenities, historic design in a prime downtown location near all the top attractions. A perfect blend of elegance and convenience.
    Emily V
    March 2 2025
    Potential Buyer
    4 out of 5
    The building is brand new and there is a lot of dust and noise still. Things get broken way too often and maintenance is backlogged. The location is great, and when the building is done I'm sure it will be great, but I've heard a lot of complaints from people living in the buildings nearby about how annoying the construction was for this place so far. Might be back when the ammenities are completed and the issues are sorted out
    Chiu M
    March 31 2025
    4 out of 5
    Beautiful design and great location, but sales performances raises questions. While the amenities are impressive, potential renters and buyers should research market conditions before committing. Still a solid choice overall
    12

    Listings For Sale

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    14

    Listings For Rent

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    Similar Condos

    Explore King West

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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.

    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%



    Days on Strata

    Units at Nobu Residences spend an average of
    42
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 120 condos in the King West area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    184
    Units were Rented over the past twelve months

    Best Value Rank

    Nobu Residences offers the
    ?
    best value out of 120 condos in the King West neighbourhood

    Appreciation Rank

    Nobu Residences has the
    ?
    highest ROI out of 120 condos in the King West neighbourhood

    Rental Yield

    Nobu Residences yields the
    ?
    highest rent prices out of 120 condos in the King West neighbourhood

    High Demand

    Nobu Residences is the
    ?
    most popular building out of 120 condos in the King West neighbourhood

    Market Insights

    Transaction Insights at Nobu Residences

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$470,000 - $525,000No Data$640,000 - $855,000$715,000 - $1,199,000$1,085,000No Data
    Avg. Cost Per Sqft$1,178No Data$1,142$1,136$1,046No Data
    Avg. Wait for Unit Availability141 Days42 Days29 Days62 DaysNo DataNo Data
    Ratio of Units in Building10%10%53%20%7%2%

    Market Inventory

    Total number of units listed and sold in King West