1913-35 Mercer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13873510

$728,000
For Sale
Listed 12 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Experience elevated urban living at Nobu Residences Toronto.
  • This sophisticated 2-bedroom, 2-bathroom suite offers a thoughtfully designed split-bedroom layout, modern finishes, and the opportunity to have the existing...

Experience elevated urban living at Nobu Residences Toronto. This sophisticated 2-bedroom, 2-bathroom suite offers a thoughtfully designed split-bedroom layout, modern finishes, and the opportunity to have the existing furniture included for a truly turnkey experience. Enjoy an exceptional lifestyle with access to beautifully designed amenities, including a state-of-the-art fitness centre equipped with premium Technogym equipment. With the Nobu Hotel and renowned Nobu Restaurant right at your doorstep, residents enjoy a unique blend of luxury, convenience, and world-class dining. Ideally situated in Toronto's vibrant Entertainment District, surrounded by exceptional restaurants, shopping, entertainment, transit, and some of the city's most sought-after destinations. A rare opportunity to experience the distinctive Nobu lifestyle in the heart of downtown Toronto.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13873510
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
King St / John St
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$524/mo
Exposure
North
Property tax
$3,814 / 2026
Days on market
12
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

KitchenFlat5.08 × 3.52 m

laminate · open concept · combined w/living

Living RoomFlat5.08 × 3.52 m

laminate · open concept · combined w/kitchen

Dining RoomFlat5.08 × 3.52 m

laminate · open concept · combined w/kitchen

Bedroom 2Flat2.75 × 2.75 m

laminate · large closet · large window

Primary BedroomFlat3.13 × 3.06 m

laminate · 4 pc ensuite · 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
$692kavg 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 $977/sqft; this home lists at $1,121/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
728kThis home660k649k750k700k700kThis 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
Waterfront Communities C8
$554K
Niagara
$724K
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 elementary0.8 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
Beverley School · Public elementary1.2 km
Subway Academy II · Public secondary1.2 km
The Waterfront School · Public elementary1.2 km · 74% at standard
Niagara Street Junior Public School · Public elementary1.5 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
$3,318/mo
$150KIncome needed
4.9×Price ÷ income
$766Weekly cost
$22,070Land 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 $3,318Property tax $318Condo fee $524Total carry $4,160

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)
$3,220per month

Mortgage amount $582,400 · 4.49% over 25 years

$145,600Down payment (20.0%)
$582,400Loan before insurance
$0CMHC premium
$4,062Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,220
Property tax
$318
Condo / maintenance fees
$524
Heating
$0
Estimated monthly cost
$4,062

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

One-time closing costs

Ontario land transfer tax
$11,035
Toronto municipal land transfer tax
$11,035
Estimated closing costs
$22,070

Plus your down payment of $145,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,898/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

$383,657Total interest paid
$966,057Total of all payments
Principal $582,400 Interest $383,657
YearPrincipalInterestBalance
1$12,997$25,646$569,403
2$13,587$25,055$555,817
3$14,204$24,439$541,613
4$14,849$23,794$526,764
5$15,523$23,119$511,241
6$16,228$22,415$495,014
7$16,964$21,678$478,050
8$17,735$20,908$460,315
9$18,540$20,102$441,775
10$19,382$19,261$422,393
11$20,262$18,381$402,132
12$21,182$17,461$380,950
13$22,143$16,499$358,807
14$23,149$15,494$335,658
15$24,200$14,443$311,458
16$25,299$13,344$286,160
17$26,447$12,195$259,713
18$27,648$10,994$232,065
19$28,903$9,739$203,161
20$30,216$8,427$172,946
21$31,588$7,055$141,358
22$33,022$5,621$108,337
23$34,521$4,121$73,815
24$36,088$2,554$37,727
25$37,727$915$0

At the end of your 5-year term

Total paid over the term
$193,211
Principal paid down
$71,159
Interest paid
$122,053
Balance remaining
$511,241

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
1.5%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.

3.4%
Gross yield
− Property tax $3,814− Condo fees $6,290− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,191

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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