15 Mercer Street 525, Toronto C01

$499,000
15 Mercer Street 525

$499,000

New
20d
Condo ApartmentApartment

15 Mercer Street 525, Toronto C01

Total Monthly Obligation $2,953

Bed+Den
2+1
Baths
1
Park
0
Sqft
600-699
DOM
20d
Score
20
Yield
6.1%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-C13858184
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 3, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,144.54 (2025)
Maintenance-$477.95/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

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.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,953/mo
Mortgage $2,013
Monthly Loss $2,423
Principal$530
Interest$1,483
Property Tax$262
Condo Fees$478
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.9%35
10-Year IRR
10.7%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,540/yr
NOI
$16,206/yr
Net Cash Flow
-$662/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
27.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 15 Mercer Street 525

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.