35 Mercer Street, Unit 16, Toronto, ON

$729,900
MLS#:C13647722
2 beds
2 baths
600-699 sqft
Residential Condo & Other
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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 $729,900 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 2 Bathrooms
  • Generous living space spanning 600-699 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Carpet Free, Countertop Range
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Nobu Residences. This bright 667 sq. ft. southeast corner suite offers 2 bedrooms, 2 bathrooms, 9-foot ceilings and floor-to-ceiling windows with unobstructed views of Lake Ontario, the CN Tower, Rogers Centre and the Toronto skyline. Both bedrooms feature exterior windows. The open-concept kitchen includes quartz countertops, integrated Miele appliances and contemporary cabinetry. Additional features include custom window coverings and ensuite laundry. Building amenities include a 24-hour concierge, fitness facilities, media room, party/meeting room and bike storage. Located in the Entertainment District, steps to restaurants, theatres, transit, the Financial District and waterfront.

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Property Summary

This condo apartment located at 35 Mercer Street, Toronto is currently for sale and has been available on SousaSells for 4 days. This property is listed at $729,900 with an estimated mortgage of $2,430* per month. It has 2 beds, 2 bathrooms, and is 600-699 square feet. 35 Mercer Street, Toronto is in the Waterfront Communities C1 neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C1, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,706.11

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • Hospital
  • Library
  • Park
  • Clear View
  • School

Interior Features

  • Built-In Oven
  • Carpet Free
  • Countertop Range

Security Features

  • Concierge/Security

Community Features

None listed

Frequently Asked Questions about 35 Mercer Street, Unit 16, Toronto, ON

Q.What is the asking price for 35 Mercer Street, Unit 16, Toronto, ON ?

The current listing price for 35 Mercer Street, Unit 16, Toronto, ON in Waterfront Communities C1, Toronto is $729,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 600-699 sqft.

Q.What property type and architectural style is 35 Mercer Street, Unit 16, Toronto, ON ?

35 Mercer Street, Unit 16, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 35 Mercer Street, Unit 16, Toronto, ON offer?

Key property features include: Public Transit, Hospital, Library, Park, Clear View, School.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Carpet Free, Countertop Range.

Q.What security features are installed at 35 Mercer Street, Unit 16, Toronto, ON ?

Security features include: Concierge/Security.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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35 Mercer Street, Unit 16, Toronto, ON

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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 35 Mercer Street 2616, Toronto, ON M5V 1H2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate4.00%
Down Payment$218,970 (30.0%)
* Minimum Canadian down payment required for this price is $47,990.
Amortization Period30 Years
Estimated Monthly Payment$2,430Based on a loan of $510,930 over 30 years.
Purchase Price$729,900
Loan Amount$510,930
Provincial Land Transfer Tax:$11,073
Toronto Municipal Land Transfer Tax:$11,073
Total Estimated Closing Taxes:$22,146

About Purchasing a Home in Toronto, ON

For a property listed at $729,900 in Toronto, the legal minimum down payment is $47,990 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 $11,073 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,073 also applies, bringing the total estimated land transfer taxes to $22,146.

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Waterfront Communities C1, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$850,338

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Waterfront Communities C1, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Waterfront Communities C1, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.