1711-35 Mercer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14029924

$660,000
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome to the prestigious NOBU Residences.
  • The unit boasts soaring 9-foot ceilings and laminate flooring throughout, creating a spacious and bright ambiance enhanced by floor-to-ceiling windows.
  • The open-concept design allows for a seamless flow between living spaces.
  • The gourmet kitchen features integrated Miele appliances such as a cooktop, built-in oven, fridge, dishwasher, and washer/dryer, all complemented by stylish quartz...
  • The primary bedroom includes a luxurious 3-piece ensuite and upgraded closet organizers, while the modern bathrooms are thoughtfully designed for both elegance and...

Welcome to the prestigious NOBU Residences. This impressive 652 sq.ft. unit features 2 bedrooms and 2 bathrooms, offering an unparalleled living experience. Nestled in the heart of Toronto's vibrant Entertainment District, this home is surrounded by premium amenities, including the acclaimed NOBU restaurant. With a transit score of 100/100 and a walk score of 99/100, you'll find everything you need within walking distance from the subway and PATH to restaurants, shops, Rogers Centre, CN Tower, and other major attractions. The unit boasts soaring 9-foot ceilings and laminate flooring throughout, creating a spacious and bright ambiance enhanced by floor-to-ceiling windows. The open-concept design allows for a seamless flow between living spaces. The gourmet kitchen features integrated Miele appliances such as a cooktop, built-in oven, fridge, dishwasher, and washer/dryer, all complemented by stylish quartz countertops and a matching backsplash. The primary bedroom includes a luxurious 3-piece ensuite and upgraded closet organizers, while the modern bathrooms are thoughtfully designed for both elegance and practicality. Residents are treated to an array of five-star amenities, including a state-of-the-art fitness center, hot tub, yoga area, private dining room, screening room, BBQ & prep deck, sauna & steam room, massage room, games room, and the exclusive Nobu Villa on the terrace. The unit also features a keyless entry door for added convenience. Living at Nobu Residence means embracing luxury and sophistication, with everything you desire right at your doorstep. Don't miss the opportunity to own this exceptional property in one of Toronto's most sought-after locations.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14029924
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
King/John
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$494/mo
Exposure
West
Property tax
$3,567 / 2026
Days on market
6
Listing brokerage
POWER 7 REALTY

Rooms

Dining RoomFlat5.80 × 3.32 m

laminate · combined w/living

Primary BedroomFlat3.45 × 3.00 m

laminate · 3 pc ensuite · closet organizers

Bedroom 2Flat2.74 × 2.61 m

laminate · sliding doors · closet

KitchenFlat5.80 × 3.32 m

laminate · open concept · b/i oven

Living RoomFlat5.80 × 3.32 m

laminate · combined w/dining

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
$641kavg 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 $932/sqft; this home lists at $1,016/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
660kThis home649k630k653k575k700kThis 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
$3,008/mo
$137KIncome needed
4.8×Price ÷ income
$694Weekly cost
$19,350Land 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.

79%mortgage
Mortgage $3,008Property tax $297Condo fee $494Total carry $3,799

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)
$2,919per month

Mortgage amount $528,000 · 4.49% over 25 years

$132,000Down payment (20.0%)
$528,000Loan before insurance
$0CMHC premium
$3,711Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,919
Property tax
$297
Condo / maintenance fees
$494
Heating
$0
Estimated monthly cost
$3,711

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

One-time closing costs

Ontario land transfer tax
$9,675
Toronto municipal land transfer tax
$9,675
Estimated closing costs
$19,350

Plus your down payment of $132,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,533/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

$347,821Total interest paid
$875,821Total of all payments
Principal $528,000 Interest $347,821
YearPrincipalInterestBalance
1$11,783$23,250$516,217
2$12,318$22,715$503,900
3$12,877$22,156$491,023
4$13,462$21,571$477,561
5$14,073$20,960$463,488
6$14,712$20,321$448,776
7$15,380$19,653$433,397
8$16,078$18,955$417,318
9$16,808$18,225$400,510
10$17,571$17,462$382,939
11$18,369$16,664$364,570
12$19,203$15,830$345,367
13$20,075$14,958$325,292
14$20,986$14,046$304,306
15$21,939$13,093$282,366
16$22,935$12,097$259,431
17$23,977$11,056$235,454
18$25,065$9,967$210,388
19$26,204$8,829$184,185
20$27,393$7,640$156,792
21$28,637$6,396$128,155
22$29,937$5,096$98,217
23$31,297$3,736$66,921
24$32,718$2,315$34,203
25$34,203$830$0

At the end of your 5-year term

Total paid over the term
$175,164
Principal paid down
$64,512
Interest paid
$110,652
Balance remaining
$463,488

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
1.8%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.

3.7%
Gross yield
− Property tax $3,567− Condo fees $5,926− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,801

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of POWER 7 REALTY. MLS®/PropTx.

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