4106-15 Mercer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13242324

$1,399,000
For Sale
Listed 50 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome to your NOBU Residences 3-bedroom, 2-bathroom condo with breathtaking SE-facing views, widely regarded as the best view in the building! Rarely offered and truly a standout opportunity, this residence delivers unobstructed, sun-filled panoramas from each room you step into! Spanning 1,064 sq ft, this thoughtfully designed suite features 10 ft ceilings (exclusive to select floors), floor-to-ceiling windows, and a functional layout with no wasted space. Step out onto your private balcony and take in stunning views of the CN Tower, Rogers Centre, Financial District, and Lake Ontario. Tons of upgrades throughout! Stunning quartz counters, pot lights, ample storage space, floor-to-ceiling windows, seamless glass shower doors in both bathrooms, and built-in organizers in all closets. The primary bedroom features a 3-piece ensuite and a spacious walk-in closet. NOBU Residences offers excellent transit access and is moments away from restaurants, streetcars, major highways, and all attractions the city has to offer. The building also offers a state-of-the-art fitness centre and spa-inspired facilities, all designed to elevate your living experience. Now is your opportunity to own in one of Toronto's most sought-after exclusive luxury residences! Includes one underground parking space.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13242324
Bedrooms
3
Bathrooms
2
Size
1000-1199
Cross streets
Mercer St & Blue Jays Way
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$911/mo
Exposure
South East
Property tax
$6,553 / 2025
Days on market
50
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 3Main3.23 × 2.46 m

window floor to ceiling · double closet · closet organizers

Living RoomMain5.76 × 4.87 m

window floor to ceiling · w/o to balcony · combined w/kitchen

Bedroom 2Main2.95 × 2.77 m

window floor to ceiling · large closet · se view

Primary BedroomMain3.23 × 3.20 m

3 pc ensuite · window floor to ceiling · walk-in closet(s)

Dining RoomMain5.76 × 4.87 m

centre island · combined w/kitchen · window floor to ceiling

KitchenMain5.76 × 4.87 m

b/i appliances · stainless steel appl · combined w/living

Our TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.07Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

4506-327 King Street$1.11M309-35 Mariner Terrace$1.25M1504-12 York Street$879k3001-80 John Street$1.23M1708-3 Navy Wharf Court$885k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.40MThis home1.11M1.25M879k1.23M885kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $885K
$1,272this home / sqft
16active listings nearby
50days on market
99sold nearby · 90 days
$680Kmedian sold price
96%of asking, on average

This home lists 34% above the area average of $952/sqft.

49 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$1.02M
Church-Yonge Corridor
$561K
Waterfront Communities C8
$621K
Mount Pleasant West
$632K
Mimico
$662K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$6,376/mo
$280KIncome needed
5.0×Price ÷ income
$1,471Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

81%mortgage
Mortgage $6,376Property tax $546Condo fee $911Total carry $7,833

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,972per month

Mortgage amount $1,119,200 · 4.14% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$7,430Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$546
Condo / maintenance fees
$911
Heating
$0
Estimated monthly cost
$7,430

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24,455
Toronto municipal land transfer tax
$24,455
Estimated closing costs
$48,910

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,254/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$672,540Total interest paid
$1,791,740Total of all payments
Principal $1,119,200 Interest $672,540
YearPrincipalInterestBalance
1$26,219$45,451$1,092,981
2$27,316$44,354$1,065,665
3$28,458$43,211$1,037,207
4$29,649$42,021$1,007,558
5$30,889$40,781$976,670
6$32,181$39,489$944,489
7$33,527$38,143$910,962
8$34,929$36,740$876,033
9$36,390$35,279$839,642
10$37,912$33,757$801,730
11$39,498$32,171$762,232
12$41,150$30,519$721,081
13$42,872$28,798$678,209
14$44,665$27,005$633,544
15$46,533$25,136$587,011
16$48,480$23,190$538,532
17$50,507$21,162$488,024
18$52,620$19,049$435,404
19$54,821$16,848$380,583
20$57,114$14,555$323,469
21$59,503$12,166$263,965
22$61,992$9,677$201,973
23$64,585$7,084$137,388
24$67,287$4,383$70,101
25$70,101$1,568$0

At the end of your 5-year term

Total paid over the term
$358,348
Principal paid down
$142,530
Interest paid
$215,818
Balance remaining
$976,670

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
1.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.9%
Gross yield
− Property tax $6,553− Condo fees $10,933− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,226

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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