15 Mercer St Condos, Toronto

Downtown Real Estate Condos for Sale and Rent


15 Mercer St, Toronto M5V1H2

Nobu Residences East Tower was built by Madison Group and completed in year 2023.

There are total 49 floors and approximately 350 units.

The building currently has 12 units on sale, and 17 for lease.

Condo monthly management fee includes: Heat and Air Conditioning.

Condo facility includes: Gym, Concierge, Guest Suites and Party/Meeting Room.

Condo Building Analysis

For Sale

Condo values have decreased 5.9% over the past two years.

Maintenance costs have increased 3.2% compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$790 – $1,250/sqft

For Lease

Rent levels have remained relatively stable compared with the same period last year.

Recent Rent Range
$3.50 – $5.33/sqft

How This Condo Compares

Price Position
5.5% Higher
Recent sale prices are above similar-age condos in the community.
Maintenance Cost
11.2% Lower
Adjusted maintenance costs are below similar-age condo buildings in the community.
Effective Cost
12.4% Lower
Estimated occupancy costs are lower than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 79% of residents hold a bachelor's degree or higher, while about 10% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway St. Andrew Subway Station: 0.5km (~9 mins walk)
GTA Go Train Union Go Train Station (0.8km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
3604 3 2 1 1000-1199 1,145,000
620 2 2 0 800-899 986,767
1605 2 2 0 700-799 699,000
4005 3 2 1 1000-1199 1,045,000
4502 3 2 1 800-899 1,099,990
813 1+1 1 0 500-599 538,888
PH03 3 2 1 1000-1199 1,120,000
2204 3+1 2 1 900-999 1,169,900
819 2 2 0 700-799 639,900
3201 2 2 1 700-799 1,099,900
1206 2 2 1 700-799 774,990
525 1+1 1 0 600-699 499,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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