| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
New2 hours ago
2308 - 15 Mercer Street
Waterfront Communities C1, Toronto
$1,075,000
Condo Apartment |
2 + 1 | 2 | 1 | 0
About this home
Nobu Residences! Spectacular high-floor corner suite with panoramic Lake Ontario, CN Tower & Rogers Centre views in Toronto's Entertainment District. This 2 Bed + Den, 2 Bath residence offers 862 sq ft plus a 28 sq ft balcony, featuring floor-to-ceiling windows that flood the home with natural light and breathtaking skyline and lake vistas. Modern open-concept kitchen with high-end built-in appliances and centre island, 9-ft ceilings, and a primary bedroom with ensuite and w/in closet. Located in a prestigious mixed-use building steps to Union Station, waterfront, transit, dining, theatres and sports venues - downtown living at its finest. Includes 1 parking spot!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,502
- Property tax
- $437
- Heat allowance
- $150
- Condo fees, half counted
- $390
- Housing costs
- $6,479 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $215,000
25-yr amortization
Income needed
$199,000
gross annual household income
- Payment at 4%
- $4,524 / mo
- Cash down
- $215,000
Assumes no other monthly debts · 25-yr amortization
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