3011-35 Mercer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13843170

$679,000
For Sale
Listed 19 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Experience elevated downtown living at Nobu Residences.
  • This southwest-facing 2-bedroom, 2-bathroom suite offers approximately 652 sq. ft. of thoughtfully designed living space and panoramic city and skyline views from the...
  • Expansive windows fill the open-concept living, dining, and kitchen area with natural light, complemented by contemporary laminate flooring throughout.
  • The spacious primary bedroom offers a generous sliding-door closet and private 3-piece ensuite with a frameless glass walk-in shower, built-in vanity, and stylish...
  • A separate 4-piece bathroom and convenient in-suite laundry complete the functional layout.

Experience elevated downtown living at Nobu Residences! This southwest-facing 2-bedroom, 2-bathroom suite offers approximately 652 sq. ft. of thoughtfully designed living space and panoramic city and skyline views from the 30th floor. Expansive windows fill the open-concept living, dining, and kitchen area with natural light, complemented by contemporary laminate flooring throughout.The sleek modern kitchen features quartz countertops and backsplash, pot lights, and premium built-in Miele appliances. The spacious primary bedroom offers a generous sliding-door closet and private 3-piece ensuite with a frameless glass walk-in shower, built-in vanity, and stylish tile flooring. The second bedroom features laminate flooring and another large sliding-door closet. A separate 4-piece bathroom and convenient in-suite laundry complete the functional layout.Residents enjoy an impressive collection of resort-inspired amenities, including 24-hour concierge, state-of-the-art fitness centre, yoga and spin studios, hot tub, cold plunge, dry sauna, steam room, massage and change rooms. Additional amenities include a rooftop terrace and garden, multiple BBQ and prep areas, party and private dining rooms, lounge, screening/media room, conference and meeting spaces, games lounge, bike storage, visitor parking, and outdoor basketball courtyard.Ideally located in Toronto's vibrant Entertainment District, you're moments from the CN Tower, Rogers Centre, Scotiabank Arena, Ripley's Aquarium, Roy Thomson Hall, AGO, ROM, Mount Sinai Hospital, celebrated restaurants, cafés, nightlife, and premier shopping. Enjoy easy access to Queens Quay and the waterfront, including Harbourfront Centre, Harbour Square Park, and Toronto Music Garden.Steps to Union Station and TTC service, with convenient access to the Gardiner Expressway, this exceptional residence puts the best of downtown Toronto right at your doorstep.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13843170
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Blue Jays Way & King Street West
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$493/mo
Exposure
South West
Property tax
$3,629 / 2026
Days on market
19
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BathroomFlat2.52 × 1.52 m

4 pc bath · b/i vanity · tile floor

KitchenFlat5.75 × 3.23 m

pot lights · quartz counter · b/i appliances

Dining RoomFlat5.75 × 3.23 m

laminate · combined w/living · open concept

Primary BedroomFlat3.49 × 3.04 m

large closet · large window · 3 pc ensuite

Bedroom 2Flat2.74 × 2.62 m

laminate · large closet · sliding doors

BathroomFlat2.32 × 1.49 m

3 pc bath · separate shower · b/i vanity

Living RoomFlat5.75 × 3.23 m

laminate · combined w/dining · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$668kavg asking

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

Per square foot, these ask about $971/sqft; this home lists at $1,045/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
679kThis home660k649k630k700k700kThis home vs active comparables

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.

Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Niagara
$724K
Waterfront Communities C8
$554K
North St. James Town
$765K

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
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.6 km
ALPHA Alternative Junior School · Public elementary0.6 km
Bishop Macdonell Catholic School · Catholic elementary0.7 km · 82% at standard
Jean Lumb Public School · Public elementary0.8 km · 73% at standard
Contact Alternative School School · Public secondary0.9 km
Heydon Park Secondary School · Public secondary1.1 km · 8% at standard
The Waterfront School · Public elementary1.2 km · 74% at standard
Beverley School · Public elementary1.2 km
Subway Academy II · Public secondary1.2 km
Niagara Street Junior Public School · Public elementary1.4 km · 82% at standard
Orde Street Public School · Public elementary1.5 km · 76% at standard
St Michael's Choir (Sr) School · Catholic secondary1.5 km · 98% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,095/mo
$140KIncome needed
4.8×Price ÷ income
$714Weekly cost
$20,110Land transfer tax, one-time (Ontario + Toronto)
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.

80%mortgage
Mortgage $3,095Property tax $302Condo fee $493Total carry $3,890

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,003per month

Mortgage amount $543,200 · 4.49% over 25 years

$135,800Down payment (20.0%)
$543,200Loan before insurance
$0CMHC premium
$3,799Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,003
Property tax
$302
Condo / maintenance fees
$493
Heating
$0
Estimated monthly cost
$3,799

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

One-time closing costs

Ontario land transfer tax
$10,055
Toronto municipal land transfer tax
$10,055
Estimated closing costs
$20,110

Plus your down payment of $135,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,635/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

$357,834Total interest paid
$901,034Total of all payments
Principal $543,200 Interest $357,834
YearPrincipalInterestBalance
1$12,122$23,919$531,078
2$12,672$23,369$518,406
3$13,248$22,794$505,158
4$13,849$22,192$491,309
5$14,478$21,563$476,831
6$15,135$20,906$461,696
7$15,823$20,219$445,873
8$16,541$19,500$429,332
9$17,292$18,749$412,040
10$18,077$17,964$393,963
11$18,898$17,143$375,065
12$19,756$16,285$355,309
13$20,653$15,388$334,656
14$21,591$14,451$313,066
15$22,571$13,470$290,495
16$23,596$12,446$266,899
17$24,667$11,374$242,232
18$25,787$10,254$216,445
19$26,958$9,083$189,487
20$28,182$7,859$161,305
21$29,461$6,580$131,844
22$30,799$5,242$101,045
23$32,198$3,844$68,847
24$33,659$2,382$35,188
25$35,188$854$0

At the end of your 5-year term

Total paid over the term
$180,207
Principal paid down
$66,369
Interest paid
$113,838
Balance remaining
$476,831

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$2,050/mo
$24,600Gross annual rent
1.7%Cap rate after taxes and upkeep

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.

3.6%
Gross yield
− Property tax $3,629− Condo fees $5,916− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,749

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

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