



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,169,900
Toronto
#2204 15 Mercer Street, Toronto (Waterfront Communities), Ontario, M5V1H2
This 4-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space.
Come home to elevated, downtown living at Nobu Residences. This three-bedroom plus den corner suite seamlessly blends quiet luxury with the vibrant pulse of the Entertainment District. Designed for both style and functionality, the layout features floor-to-ceiling windows and a private balcony, creating a bright, spacious sanctuary with iconic city views. Premium, bespoke upgrades elevate every corner of the home, including built-in closet organizers, window coverings, custom pot lights, seamless glass shower doors, a TOTO toilet, and Miele appliances. The sophisticated kitchen is anchored by quartz countertops and a functional island with integrated storage. Boasting a perfect 100/100 transit and walk score, this location places you in the heart of downtown. Enjoy immediate access to the Financial District, major highways, streetcars, and premier landmarks like the CN Tower and Rogers Centre. Countless world-class restaurants and shops sit at your doorstep, including the world-renowned Nobu Toronto restaurant just steps away. Residents enjoy exclusive access to five-star, hotel-inspired amenities, including a state-of-the-art spa and fitness centre, concierge services, and a serene zen garden terrace. This exceptional suite offers a flawless marriage of minimalist luxury and dynamic urban energy. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Toronto (Waterfront Communities) has been listed for 56 days, which is 1 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,169,900, about 12.9× the local median household income of $91,000.
Carrying it typically needs a household income of about $228,522 (20% down, 25-yr amortization, stress-tested) — roughly 151% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5V)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice