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    Toronto / Downtown / King West

    15 Mercer St

    For RentNobu Residences
    $1,700/mth
    Price Cut: $1,800
    2 Beds
    2 Bath
    0 Parking
    694 SQFT
    38 Days on Strata
    Est Lease Timeframe
    9 Days

    Listing History

    Unit Highlights

    Possession Date:
    October 16, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    No
    Exposure:
    North West
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Hydro
    Water
    Excluded
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Other
    Heating
    Other

    Room Dimensions

    Bedroom
    3 Piece Ensuite
    0 x 0ft
    2nd Bedroom
    3 Piece Bath, Built-in Closet
    0 x 0ft

    About this Listing

    Brand new open-concept unit features 2 bedrooms and 2 bathrooms, with one bedroom and 3 piece bathroom available for rent. We are seeking a single tenant to share the unit with a male roommate. Features & Amenities:1.Utilities Included: Internet, water, hydro, and heat are covered. 2. Brand-New Appliances: Includes a fridge, stove, microwave, dishwasher, and a stacked washer/dryer. 3. Prime Location: Situated in the heart of the Financial and Entertainment Districts, just steps from the CN Tower, Rogers Centre, Ripleys Aquarium, Union Station, and major banks (RBC, TD, BMO). 4.Convenience: The suite is located on the same floor as the fitness club for easy access.This is a fantastic opportunity to enjoy downtown living in a modern space with excellent amenities.

    royal lepage real estate services success teamMLS® #C9398654

    Amenities

    Sauna
    Gym Room
    Games Room
    Media Room
    Business Centre
    Rec Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    9/10
    Bikeability
    Pedal paradise! You might as well have wheels for feet.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Nobu Residences vs The King West Area

    Building Trends At Nobu Residences

    Days on Strata

    Units at Nobu Residences spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    36
    Units were Sold over the past twelve months

    Rented Units

    287
    Units were Rented over the past twelve months

    Best Value Rank

    Nobu Residences offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Nobu Residences has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Nobu Residences yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Nobu Residences is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 15 Mercer Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$545,000 - $615,000$540,000 - $650,000$667,500 - $980,000$770,000 - $1,085,000$1,125,000No Data
    Avg. Cost Per Sqft$1,167$1,116$1,168$1,169$914No Data
    Avg. Wait for Unit Availability42 Days42 Days17 Days45 DaysNo DataNo Data
    Ratio of Units in Building11%11%53%19%7%2%

    Transactions vs Inventory

    Total number of units listed and leased in King West