Toronto condo buildings · Updated September 13, 2026
Nobu Residences Toronto
15 Mercer St and 35 Mercer St, Toronto · Also known as Nobu Condos Toronto, 15 Mercer Street
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Nobu Residences is Madison Group's two-tower condo at 15 and 35 Mercer Street, sharing the block with the Nobu Hotel and restaurant in the Entertainment District. It was completed in 2024. It is the worst-reviewed completed building in this guide: 2.7 out of 5 on Google from 50 reviews, alongside a run of Reddit threads from tenants describing unfinished common areas, heating and hot water failures and management problems.
- Address
- 15 Mercer St and 35 Mercer St, Toronto
- Neighbourhood
- Entertainment District
- Completed
- 2024
- Storeys
- 45 (15 Mercer St)
- Towers
- 2
- Developer
- Madison Group
- Transit
- King streetcar a block north; St. Andrew station (Line 1) about a 10-minute walk
About Nobu Residences
Nobu was marketed from 2017 as one of Toronto's highest-profile branded condos, pairing residences with a Nobu hotel and restaurant on Mercer Street just south of King Street West. A widely discussed Reddit thread notes presale prices passed $1,500 per square foot during 2017 to 2019, and some investors have since sold at large losses.
The move-in period has been rough. Tenants on Reddit describe lobbies and unit doors still unfinished at showings, heating, air conditioning and hot water outages, elevator trouble, and renovations that dragged on. Construction and management are the most mentioned topics in Google reviews.
Some listings advertise about 20,000 square feet of amenities. Confirm exactly what is finished and open before you buy or sign a lease.
The completion year and 45-storey count for 15 Mercer Street are from condos.ca. We could not confirm the storey count for 35 Mercer Street or a reliable suite total, so neither is shown, and no freely licensed photo was available.
Where Nobu Residences is
Nobu Residences is at 15 Mercer St and 35 Mercer St in Entertainment District. King streetcar a block north; St. Andrew station (Line 1) about a 10-minute walk.
The labelled marker is this building; the dots are other buildings covered in this guide. Select a marker to open its card.
Looking at other options in the area? See real estate agents serving King West or the best neighbourhoods in Toronto.
Nobu Residences building amenities
- Swimming pool
- On-site parking
- Dog friendly
Google Maps listing attributes. A listing description advertises about 20,000 sq ft of amenities, which we could not itemise from a primary source.
Nobu Residences reviews: the Google rating
Google reviews are the largest public sample of resident opinion for most condo buildings. The breakdown matters more than the average: a building with as many one-star as five-star reviews is a very different place from one with a steady spread of fours.
2.7
★★★★★50 Google reviews
- 5 star19
- 4 star3
- 3 star0
- 2 star2
- 1 star26
What reviews mention most
- Management · 8
- Construction · 8
- Noise · 6
- Floor · 4
- Hotel · 3
- Blinds · 2
- Exhaust fan · 2
- Sink · 2
Google Maps listing at 30 Mercer St, as of July 6, 2026. Topics are the themes Google identifies in reviews, with the number of reviews mentioning each. Read the reviews on Google Maps
What residents praise
- Entertainment District location near King West restaurants
- Unit layouts that renters touring the area rank highly
- A branded hotel and restaurant on the block
What residents complain about
- Unfinished common areas and drawn-out renovations
- Heating, air conditioning and hot water outages
- Management responsiveness
- Noise
What people say about Nobu Residences on Reddit and forums
A summary of the threads that come up when people search for this building. Reddit skews toward people with a problem or a question, so weigh it alongside the Google breakdown above.
The overall picture
Nobu Residences has the most negative forum reputation in this guide. Tenant threads from 2025 and 2026 describe basic services failing and unfinished spaces, and even renters who like the units say they are choosing it reluctantly. Investor threads add that early buyers have sold at big losses.
Heat, cooling and hot water
NegativeA 2025 warning from a current tenant describes going without heating, air conditioning and hot water, plus elevator problems.
Unfinished building
NegativeRenters touring in 2024 found lobbies and even unit doors unfinished, and tenants say renovations never seem to end.
Management and noise
NegativeProspective renters in 2026 cite reviews about bad management and noise, and a two-year resident calls it the worst building they have lived in during 11 years in Toronto.
The units
MixedSome renters still rank the Nobu suites as the best units they toured, while describing the choice as unfortunate.
Investment
NegativeA widely discussed thread about a $250,000 loss notes presale prices above $1,500 per square foot in 2017 to 2019 before the market fell.
The threads behind this summary
- Nobu Residences: Warning from a current tenant
r/TorontoRenting · 2025 · 20+ comments
Negative“It's pathetic: no heating, no air conditioning, no hot water, the elevator is in a catastrophic state, and the renovations are never finished.”
- Nobu residence: don't do it
r/TorontoRenting · Feb 2026 · 10+ comments
Negative“I've lived here for almost two years and this is the worst building I've stayed in my 11 years of living in Toronto”
- Renting at Nobu residences (15 + 35 Mercer) - Is it any ...
r/TorontoRenting · Apr 2026 · 10+ comments
Question“Moving this spring and me and my roommates' favourite units so far have (unfortunately) been in the Nobu buildings”
- 35 Mercer aka Nobu Building Thoughts?
r/TorontoRealEstate · Feb 2026 · 10+ comments
Question“Thinking of renting a unit in 35 Mercer on the 11th floor but have been seeing very negative / mixed reviews about this building (bad management, noise)”
- Toronto renting is disheartening
r/TorontoRenting · 2024 · 180+ comments
Negative“I also went to Nobu residences, and it's so weird they are offering units where the lobbies and even the door of unit are unfinished.”
- 250k loss after 7 years at Nobu
r/TorontoRealEstate · 2025 · 150+ comments
Discussion“Condo presale prices were passing above $1500 psf in 2017-2019, then the market fell out.”
Summaries are our reading of the linked threads and review pages. Excerpts are quoted verbatim from each thread’s public snippet, including spelling; open the thread for full context. Dates are approximate.
What's near Nobu Residences: transit, restaurants and parks
Subway stations, streetcar stops, and the most-reviewed places within about a kilometre of 15 Mercer St. Use the filters to show only what you care about, and select a marker for photos, details and walking directions.
Transit stop locations are from TTC schedule data. Place locations come from Google Maps listings and are rounded to about 100 m, so a marker can sit a little off the actual entrance.
Transit near Nobu Residences
The closest subway station to Nobu Residences is St Andrew Station on Line 1 Yonge-University, about an 8-minute walk (500 m). Streetcar routes 504, 508, 510 and 501 stop within 500 m.
Subway stations
- 1
St Andrew Station
Line 1 Yonge-University
8 min · 500 m - 1
Osgoode Station
Line 1 Yonge-University
9 min · 590 m - 1
Union Station
Line 1 Yonge-University
11 min · 730 m
Union Station is also the hub for GO Transit and the UP Express to Pearson Airport.
Streetcar routes within 500 m
- 504KingNearest stop: King St West at John St West Side1 min · 70 m
- 508Lake ShoreNearest stop: King St West at John St West Side1 min · 70 m
- 510SpadinaNearest stop: Spadina Ave at King St West North Side6 min · 370 m
- 501QueenNearest stop: Queen St West at John St7 min · 420 m
Stations and routes from the TTC's official schedule data (TTC Routes and Schedules (GTFS), Toronto Open Data, published August 27, 2026). Overnight routes are not shown. Walking times are estimates based on straight-line distance. View the dataset
Restaurants, parks and things to do near Nobu Residences
Restaurants near Nobu Residences
- No free photo available2 min walk
- No free photo available3 min walk
- No free photo available9 min walk
- No free photo available9 min walk
Earls Kitchen + Bar - Financial District (King & University)
Restaurant
★★★★★4.6 (12,141)
150 King St W #100 · 570 m
- No free photo available10 min walk
- No free photo available10 min walk
Cafés and bakeries near Nobu Residences
- No free photo available4 min walk
General Assembly Pizza
Pizza restaurant
★★★★★4.3 (1,805)
331 Adelaide St W · 230 m
- No free photo available5 min walk
NEO COFFEE BAR KING X SPADINA
Coffee shop
★★★★★4.5 (1,956)
61 Spadina Ave. · 300 m
- No free photo available5 min walk
Good Behaviour Ice Cream and Sub Sandwiches
Sandwich shop
★★★★★4.8 (1,187)
335 Queen St W · 350 m
- No free photo available7 min walk
- No free photo available7 min walk
- No free photo available8 min walk
Grocery stores near Nobu Residences
- No free photo available5 min walk
Mike’s Independent City Market Toronto
Grocery store
★★★★★3.8 (936)
111 Peter St · 300 m
- No free photo available5 min walk
- No free photo available7 min walk
- No free photo available8 min walk
- No free photo available10 min walk
- No free photo available13 min walk
Parks and green space near Nobu Residences
4 min walkPhoto: paul (dex) from Toronto, CC BY 2.0
5 min walkPhoto: JFVoll, CC BY-SA 4.0
6 min walkPhoto: SimonP, CC BY-SA 3.0
- No free photo available8 min walk
9 min walkPhoto: Secondarywaltz, CC BY-SA 3.0
11 min walkPhoto: Canmenwalker, CC BY 4.0
Things to do near Nobu Residences
- No free photo available2 min walk
7 min walkPhoto: Bernard Spragg. NZ from Christchurch, New Zealand, CC0
- No free photo available8 min walk
Yuk Yuk's Comedy Club Toronto
Comedy club
★★★★★4.3 (1,527)
224 Richmond St W · 490 m
- No free photo available8 min walk
Trapped Escape Rooms & Lounge Toronto
Escape room center
★★★★★4.9 (1,297)
336 Queen St W · 490 m
10 min walkPhoto: Bernard Spragg. NZ from Christchurch, New Zealand, Public domain
11 min walkPhoto: Michael Mayer, CC BY-SA 3.0
Places and ratings from Google Maps listings, retrieved September 13, 2026. Restaurants and cafés are limited to places rated 4.3 or higher, and every category is filtered to listings with enough reviews to be meaningful. Walking times are estimates based on straight-line distance. Businesses open, close and move, so check before you go.
Who Nobu Residences suits, and who should look elsewhere
A good fit for
Buyers looking at discounted resales in a branded building, who have reviewed the condo corporation's status certificate, reserve fund and outstanding repairs.
Look elsewhere if you are
Renters who need a building that works reliably today, based on tenant reports from 2025 and 2026.
Before you buy in any condo, ask for the status certificate and read the reserve fund study; it shows the corporation’s finances, special assessments and upcoming repairs. Use the condo fee calculator to check monthly costs and the land transfer tax calculator for closing.
Nobu Residences FAQ
What are people saying about Nobu Residences in Toronto?
Mostly negative so far. The building has a 2.7 out of 5 Google rating from 50 reviews, and 26 of those are one star. Tenants on Reddit in 2025 and 2026 describe heating, air conditioning and hot water outages, unfinished common areas and poor management, although some still rate the units themselves highly.
What amenities are available at Nobu Residences in Toronto?
Google lists a swimming pool, on-site parking and a dog-friendly policy, and some listings advertise about 20,000 sq ft of amenities. Confirm which amenity spaces are finished and open before you buy or rent.
When was Nobu Residences Toronto completed?
The building was completed in 2024, according to condos.ca.
Where is Nobu Residences Toronto?
At 15 and 35 Mercer Street in the Entertainment District, just south of King Street West.
What subway station is closest to Nobu Residences?
The closest subway station to Nobu Residences is St Andrew Station on Line 1 Yonge-University, about an 8-minute walk (500 m). Streetcar routes 504, 508, 510 and 501 stop within 500 m.
What grocery stores are near Nobu Residences?
The closest well-reviewed grocery stores are Mike’s Independent City Market Toronto at 111 Peter St (5 min walk), Rabba Fine Foods at 361 Front St W (5 min walk) and Rabba Fine Foods at 126 Simcoe St (7 min walk).
Condo buildings near Nobu Residences

Entertainment District · 350 m away
Picasso on Richmond
Completed 2016 · 39 storeys
★★★★★ 3.9 from 53 Google reviews

CityPlace · 590 m away
Concord Canada House
Completed Occupied from 2025 · Up to 82 storeys
★★★★★ 4.2 from 187 Google reviews

South Core · 840 m away
ICE Condominiums
Completed 2014 and 2015 · 57 and 67 storeys
★★★★★ 3.1 from 462 Google reviews

South Core · 910 m away
Maple Leaf Square Condos
Completed 2010 · 49 storeys
★★★★★ 4.3 from 381 Google reviews
Next steps for Nobu Residences
- Tell us the city and we match you with an agent who already works Entertainment District.
- Browse agents serving King West.
- Estimate monthly costs with the condo fee calculator and closing with the land transfer tax calculator.
- Still choosing an area? Start with the best neighbourhoods in Toronto.
Sources
- condos.ca: Nobu Residences
- Google Maps listing (snapshot July 6, 2026)
- TTC Routes and Schedules (GTFS), Toronto Open Data
- 6 Reddit threads and review pages, linked above
Researched September 13, 2026. Ratings and resident opinion change; check the linked sources for the latest before making a decision.