Best AgenciesReal Estate · Canada

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

    Negative

    A 2025 warning from a current tenant describes going without heating, air conditioning and hot water, plus elevator problems.

  • Unfinished building

    Negative

    Renters touring in 2024 found lobbies and even unit doors unfinished, and tenants say renovations never seem to end.

  • Management and noise

    Negative

    Prospective 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

    Mixed

    Some renters still rank the Nobu suites as the best units they toured, while describing the choice as unfortunate.

  • Investment

    Negative

    A 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

  • r/TorontoRenting · 2025 · 20+ comments

    Negative
    Nobu Residences: Warning from a current tenant
    “It's pathetic: no heating, no air conditioning, no hot water, the elevator is in a catastrophic state, and the renovations are never finished.”
  • r/TorontoRenting · Feb 2026 · 10+ comments

    Negative
    Nobu residence: don't do it
    “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”
  • r/TorontoRenting · Apr 2026 · 10+ comments

    Question
    Renting at Nobu residences (15 + 35 Mercer) - Is it any ...
    “Moving this spring and me and my roommates' favourite units so far have (unfortunately) been in the Nobu buildings”
  • r/TorontoRealEstate · Feb 2026 · 10+ comments

    Question
    35 Mercer aka Nobu Building Thoughts?
    “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)”
  • r/TorontoRenting · 2024 · 180+ comments

    Negative
    Toronto renting is disheartening
    “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.”
  • r/TorontoRealEstate · 2025 · 150+ comments

    Discussion
    250k loss after 7 years at Nobu
    “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 available
    2 min walk

    Fox on John

    Modern British restaurant

    ★★★★★4.7 (13,764)

    106 John St #3 · 120 m

  • No free photo available
    3 min walk

    KŌST

    Californian restaurant

    ★★★★★4.4 (6,218)

    80 Blue Jays Way 44th Floor · 160 m

  • No free photo available
    9 min walk

    Cafe Landwer

    Mediterranean restaurant

    ★★★★★4.4 (6,177)

    165 University Ave · 550 m

  • No free photo available
    9 min walk

    Earls Kitchen + Bar - Financial District (King & University)

    Restaurant

    ★★★★★4.6 (12,141)

    150 King St W #100 · 570 m

  • No free photo available
    10 min walk

    Kellys Landing

    Restaurant

    ★★★★★4.4 (7,805)

    123 Front St W · 610 m

  • No free photo available
    10 min walk

    Black+Blue Toronto

    Restaurant

    ★★★★★4.7 (6,629)

    130 King St W · 640 m

Cafés and bakeries near Nobu Residences

  • No free photo available
    4 min walk

    General Assembly Pizza

    Pizza restaurant

    ★★★★★4.3 (1,805)

    331 Adelaide St W · 230 m

  • No free photo available
    5 min walk

    NEO COFFEE BAR KING X SPADINA

    Coffee shop

    ★★★★★4.5 (1,956)

    61 Spadina Ave. · 300 m

  • No free photo available
    5 min walk

    Good Behaviour Ice Cream and Sub Sandwiches

    Sandwich shop

    ★★★★★4.8 (1,187)

    335 Queen St W · 350 m

  • No free photo available
    7 min walk

    Mizzica Gelateria & Cafe

    Ice cream shop

    ★★★★★4.7 (3,373)

    307 Queen St W · 450 m

  • No free photo available
    7 min walk

    HotBlack Coffee

    Coffee shop

    ★★★★★4.5 (1,595)

    245 Queen St W · 460 m

  • No free photo available
    8 min walk

    Le Gourmand

    Cafe

    ★★★★★4.3 (1,922)

    152 Spadina Ave. · 500 m

Grocery stores near Nobu Residences

  • No free photo available
    5 min walk

    Mike’s Independent City Market Toronto

    Grocery store

    ★★★★★3.8 (936)

    111 Peter St · 300 m

  • No free photo available
    5 min walk

    Rabba Fine Foods

    Grocery store

    ★★★★★3.9 (584)

    361 Front St W · 340 m

  • No free photo available
    7 min walk

    Rabba Fine Foods

    Grocery store

    ★★★★★3.7 (453)

    126 Simcoe St · 440 m

  • No free photo available
    8 min walk

    Le Gourmand

    Cafe

    ★★★★★4.3 (1,922)

    152 Spadina Ave. · 500 m

  • No free photo available
    10 min walk

    Sobeys Urban Fresh Spadina

    Supermarket

    ★★★★★3.8 (1,985)

    22 Fort York Blvd · 620 m

  • No free photo available
    13 min walk

    Kai Wei Supermarket

    Chinese supermarket

    ★★★★★4.1 (1,853)

    253 Spadina Ave. · 850 m

Parks and green space near Nobu Residences

Things to do near Nobu Residences

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

All Toronto condo buildings

Next steps for Nobu Residences

Sources

Researched September 13, 2026. Ratings and resident opinion change; check the linked sources for the latest before making a decision.