Skip to main content
525 - 15 Mercer Street

525 - 15 Mercer Street

Toronto C01, ON

  • 2 bed
  • 1 bath
  • approx. 600-699 sqft
  • Condo Apartment
  • 71 days on market
$518,000Price reduced 2%

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.

Listing Details

Taxes (2025)
$3,145
Originally Listed
$527,000
Listed
July 3, 2026

Price History

Property

Style
Apartment
Age
0-5
Construction
Concrete
Interior
Built-In Oven, Carpet Free, Countertop Range, Separate Heating Controls, Separate Hydro Meter

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Gas

Location & Legal

Cross Street
King St & Blue Jays Way
Parcel Number
770430081
Possession
Immediate
Occupancy
Vacant

Condo

Maintenance Fee
$478/month
Fee Includes
Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
None
Balcony
None
Amenities
Concierge, Gym, Party Room/Meeting Room, Rooftop Deck/Garden

Included

Inclusions
Miele fridge, oven, stove top, fan hood, and dishwasher, Panasonic microwave, Frigidaire washer & dryer, all existing light fixtures, and window coverings.
Exclusions
None
Rental Items
None

Schools

Elementary

  • ALPHA Alternative Junior School0.6 km

    Public · Toronto DSB · 75 students

  • Ogden Junior Public School0.6 km

    Public · Toronto DSB · 230 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Bishop Macdonell Catholic School0.8 km

    Catholic · Toronto CDSB · 420 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 64% met the provincial standard

Secondary

  • Oasis Alternative Secondary School0.6 km

    Public · Toronto DSB · 80 students

  • Contact Alternative School School0.9 km

    Public · Toronto DSB · 60 students

  • Heydon Park Secondary School1.1 km

    Public · Toronto DSB · 130 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M5V

Population
59,912
Private dwellings
42,449
Median age
32
Average household size
1.6
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto C01 · last 12 months

Median sold price
$656,500
Homes sold
3,092
Median days on market
26
Sale-to-list price
97.6%

Based on 3,092 recorded sales of residential condo & other properties in Toronto C01 over the last 12 months.

Rooms

4-piece on Flat

Flat

  • Bedroom11' x 9'9"
  • Den6'11" x 6'7"
  • Dining Room14'7" x 13'2"
  • Kitchen14'7" x 13'2"
  • Living Room14'7" x 13'2"

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$103,600

Estimated Monthly Payment

$2,545

Land transfer tax

Estimated land transfer tax$6,835

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,545/mo (20% down, 5.5%)

Taxes: $262/mo · Insurance: $130/mo

Maint: $478/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences