$1,170,000 - 15 Mercer Street Unit 2908, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular ListingNeighbourhood: Waterfront Communities C1
- MLS Number
- C13672794
- Property Type
- Condo
- Status
- active
- Days on Site
- 10
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- THE AGENCY
A signature Nobu suite in every sense. Designer curated, completely furnished and elevated through approximately $120,000 in custom upgrades and finishes. This southeast corner residence offers two bedrooms, two bathrooms, parking, a private balcony and phenomenal southeast views showcasing the CN Tower, Rogers Centre and Toronto skyline. Custom full height millwork, concealed storage, a fitted pantry, illuminated bar with wine refrigeration and integrated media create a seamless living space. Designer textural wallpaper, custom lighting, motorized window coverings and integrated technology continue throughout. The primary bedroom features natural timber panelling, concealed lighting, commissioned bedside tables and a designer king bed with a custom mattress crafted from sustainable, natural materials, while the second bedroom offers a California Closets Murphy bed with integrated desk and shelving. Builder upgrades include Brizo matte black fixtures, a premium kitchen island with extended overhang and upgraded bathroom lighting and finishes. Curated furnishings convey throughout, completing a residence designed to be enjoyed exactly as you see it. The Nobu lifestyle continues beyond the residence with an exceptional collection of wellness, fitness, entertaining and private resident amenities, including a fitness centre, Ofuro soaking tub, yoga and spin studios, hot tub, sauna, steam room, cold plunge, outdoor terrace, screening and games lounges, and private dining with Chef's Table. World renowned dining downstairs. Hotel level service and amenities. The energy of downtown Toronto at your doorstep. A private retreat above it all. This isn't simply living at Nobu. It's living the Nobu experience.
Estimate your monthly payments for this property
Estimated Payment
$5,175.30/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Waterfront Communities C1
Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
15 Mercer Street Unit 2908, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1463/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.