$799,000 - 35 Mercer Street Unit 2809, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed yesterday- MLS Number
- C13001924
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- LANDPOWER REAL ESTATE LTD.
Welcome to Nobu Residences-an address that defines luxury, sophistication, and the very best of downtown Toronto living. This stunning south-facing 2-bedroom, 2-bath suite offers 748 sq ft of impeccably designed space, where floor-to-ceiling windows and soaring 9-ft ceilings flood the home with natural light, creating a bright, airy ambiance you'll fall in love with the moment you walk in. Every detail has been thoughtfully curated, from the sleek open-concept layout to the designer kitchen featuring premium Miele appliances, quartz countertops, and a spacious island that's perfect for hosting, dining, or simply enjoying everyday living in style. The split-bedroom design provides both privacy and functionality, while the primary suite offers a serene retreat complete with a modern ensuite and upgraded storage. But what truly sets this home apart is the lifestyle. Situated in the heart of Toronto's iconic Entertainment District, you are quite literally steps from everything-world-class dining, vibrant nightlife, renowned theatres, the Rogers Centre, CN Tower, TIFF Bell Lightbox, and the city's best shopping. With near-perfect walk and transit scores, effortless access to the subway, PATH, and Gardiner Expressway makes commuting seamless. Residents of Nobu enjoy an unparalleled collection of five-star amenities, including a state-of-the-art fitness centre, spa-inspired facilities, private dining spaces, and exclusive terrace experiences-bringing hotel-inspired luxury into your everyday life. Whether you're an end-user seeking the ultimate urban lifestyle or an investor looking for a premier downtown asset, this is more than just a condo-it's a statement. Opportunities like this are rare, and with immediate occupancy available, you can step into this elevated lifestyle without delay. Don't just imagine living here-make it yours.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
35 Mercer Street Unit 2809, 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 $1141/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 700 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.
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 $3,329 (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.