15 Mercer Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $559,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available
- Notable attributes: Built-In Oven, Carpet Free, Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Built-In Oven, Carpet Free, Countertop Range, Separate Heating Controls, Separate Hydro Meter
Security Features
Concierge/Security
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 15 Mercer Street 525, Toronto C01, ON M5V 1H2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $559,000 in Toronto, the legal minimum down payment is $30,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,655 also applies, bringing the total estimated land transfer taxes to $15,310.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
