This one's priced below recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.

Toronto · Toronto Region · Waterfront Communities C1

15 Mercer Street, Unit 525

Condo Apartment

MLS® #C13858184

Listed for$499,0002 days on market
1+1 bed 1 bath 0 parking 600-699 sq ft~$768/sq ft
  • New this week
  • 6 schools within 1 km
  • Streetcar ~100 m
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Is $499,000 a fair price?

Our read: it’s priced below recent comparable sales — based on 67 sales nearby. Sign in free to see exactly how far below it is, plus the full range comparable homes sold in.

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Measured against 67 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$3,062/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

6 schools within ~1 km · nearest streetcar ~0.1 km

Property information
What condo buyers ask first
Maintenance fee
$478 / month
Square footage
600-699 sq ft
Parking
0 spaces · None
Locker
None
Exposure
South
Balcony
None
Property tax
$3,145 / yr
Building
5-storey building · Ensuite laundry

Property summary

Property type
Condo Apartment
Style
Apartment
Approx. age
0-5 years
Parking
0 spaces · None
Heating
Forced Air
Air conditioning
Central Air
Basement
None
Kitchens
1
Exterior
Concrete
Property tax
$3,145 / yr
MLS®
C13858184

Room dimensions

Dining Roomopen concept, laminate, combined w/living
Flat4.45 × 4.01 m
Bedroomwindow floor to ceiling, laminate, closet
Flat3.35 × 2.97 m
Living Roomopen concept, laminate, combined w/dining
Flat4.45 × 4.01 m
Denopen concept, laminate
Flat2.1 × 2.0 m
Kitchenopen concept, laminate, b/i appliances
Flat4.45 × 4.01 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale
The numbers that matter
The numbers that matter
Maintenance fee
$478/mo
Property tax
$3,145/yr
Est. all-in
~$3,062/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • Oasis Alternative Secondary SchoolPublic · Secondary · Toronto DSB0.6 km
  • Ogden Junior Public SchoolPublic · Elementary · Toronto DSB0.6 km
  • ALPHA Alternative Junior SchoolPublic · Elementary · Toronto DSB0.6 km
  • Bishop Macdonell Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.8 km
  • Jean Lumb Public SchoolPublic · Elementary & Secondary · Toronto DSB0.8 km
  • Contact Alternative School SchoolPublic · Secondary · Toronto DSB0.9 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • John StreetNearest transit · Streetcar~100 m
  • University / King Southwest corner (on King)Nearest subway · Subway~470 m
  • Toronto Union StationNearest GO / rail · GO / regional rail~810 m

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto
$928KMedian sold
32Median days on market
98.6%Sale-to-list
Median sold price · Toronto1-yr +9% · 3-yr —
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details

Rare 631 sqft corner 1+Den suite at the prestigious NOBU Residences Toronto, offered at one of the lowest price-per-square-foot opportunities currently available in the building, with monthly maintenance fees conveniently less than $0.77 per sqft. The functional layout features 9 ft ceilings and a spacious den ideal for a home office or flexible guest space. Modern kitchen with built-in high-end appliances, ambient lighting, and generous storage. The bedroom includes blackout window coverings, and the unit comes with all existing window coverings. Residents enjoy access to the building's amenities, including state-of-the-art facilities, while world-class dining is available nearby with the NOBU restaurant. Direct access to Toronto's vibrant Entertainment District and nearby transit, including PATH connectivity, completes the package. An exceptional opportunity for both investors and homeowners seeking the energy and convenience of downtown Toronto.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by ROYAL LEPAGE SIGNATURE REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.