15 Mercer St #2204 is a 3-bedroom, 2-bathroom condo in Toronto, listed for $1,169,900. It has 900-999 sq ft of living space.
1Designed 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.
2The sophisticated kitchen is anchored by quartz countertops and a functional island with integrated storage.
3Boasting a perfect 100/100 transit and walk score, this location places you in the heart of downtown.
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.
3 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $1,300 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 15 Mercer St #2204
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
900-999 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
15 Mercer St #2204 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13767392$1,169,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 15 Mercer St #2204 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,747
/mo
based on the purchase price of $1,169,900
$233,980 cash
$935,920 financed
$788,290 total interest
Principal54%$935,920
Interest46%$788,290
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $1.2M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4991.3%On average, homes sold at or above asking.
Active listings12,797Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 1 – Jul 30, 2026.
Based on 9,504 sales from Jul 30 – Oct 28, 2026 (6,943 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
7 for sale · 3 for rent at 15 Mercer St — plus its sale and lease history.
Union StationLine 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express820 m10 min walk
Loading schools, parks, groceries and more nearby…
Transit
St. Andrew Station (Line 1)6 min walk
Osgoode Station (Line 1)8 min walk
Union Station (Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express)10 min walk
Nearest subway, GO and LRT stations first, then bus and streetcar stops.
15 Mercer St #2204 is listed at $1,169,900 (MLS® C13767392). Summitly updates the price as soon as the MLS® record changes.
Is $1,169,900 a good price for 15 Mercer St #2204?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 15 Mercer St #2204 changed?
No — 15 Mercer St #2204 is still listed at its original asking price of $1,169,900.
How many bedrooms and bathrooms does 15 Mercer St #2204 have?
15 Mercer St #2204 has 3 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Toronto.
Is 15 Mercer St #2204 close to transit?
The nearest rapid-transit station is St. Andrew Station (Line 1), about 510 m (about a 6-minute walk) in a straight line. Osgoode Station is about 660 m (about a 8-minute walk), and Union Station is about 820 m (about a 10-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 15 Mercer St #2204?
About $5,747 a month — principal and interest on $1,169,900 with 20% down ($233,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 15 Mercer St #2204 compare with other homes in Toronto?
Its asking price of $1,169,900 is about 39% above the median sold price in Toronto over the last 90 days, $840,000, across 9,504 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 15 Mercer St #2204 been sold before?
Summitly has no earlier MLS® sale or lease of 15 Mercer St #2204 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 15 Mercer St #2204?
15 Mercer St #2204 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 15 Mercer St #2204 been on the market?
48 days — 15 Mercer St #2204 was listed on September 10, 2026.
What is the price per square foot of 15 Mercer St #2204?
About $1,171 to $1,300 per square foot: the asking price of $1,169,900 over the 900–999 sq ft the listing gives as its size range.
Does 15 Mercer St #2204 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
