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Nobu Residences Toronto

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NOBU Residences Toronto is an upcoming new pre-construction condo development by Madison Group coming to 15 Mercer Street in Toronto, ON.

Nobu Residences Toronto Exterior Building True Condos

About Nobu Residences Toronto

In a world-class city, in the heart of the Entertainment District: Nobu Residences Toronto.

Residences. Restaurant. Hotel. Experience the ultimate destination. An exclusive curated lifestyle. A place to call home.

Conceived by award-winning architect Stephen Teeple, Nobu Residences Toronto will embody the Nobu spirit in both design and attitude.

Designated as a heritage site, the base of Nobu Residences Toronto will retain the classic brick façade of the original Pilkington Glass Factory and Art Deco elements from the early 1900s. Rising above it will be two striking towers: distinctive, modern, unforgettable.

Both towers will be home to exclusive residences anchored by Toronto’s flagship Nobu Restaurant, with a signature Nobu Hotel at the top of the West Tower.
Nobu Residences Toronto

Dramatically accented with a perforated black aluminium frame and tinted bronze windows, the silhouette of Nobu Residences will create an inspiring addition to Toronto’s skyline.

Premiering in Toronto, a milestone collaboration between Madison Group and Nobu Hospitality: The world’s first Nobu Residences.

A landmark destination in the heart of the city, Nobu Residences Toronto will be an architectural centrepiece.

Nobu Residences Toronto Information

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Developer Madison Homes
Address 15 Mercer St, Toronto
Neighbourhood Entertainment District
Number of Storeys 45
Number of Units 660
Occupancy Date July 2022
Maintenance Fees $0.63 Per SqFt per Month
Priced From $1,419,900 to $1,419,900

 

Nobu Residences Toronto Location

The Entertainment District is Toronto’s most vibrant neighbourhood.

From the city’s trendiest restaurants and professional sports venues within walking distance, to the world-renowned theatres that give the district its name, Nobu Residences Toronto is in the midst of it all.

The Entertainment District also plays host to boutique stores, international retailers, charming cafes, and even a dangerously tempting chocolatier, proving that “entertainment” comes in all shapes and sizes.

15 Mercer Street

Walker’s Paradise

Explore Waterfront Communities-The Island on Walk Score

Nobu Residences Toronto Amenities

Inspired by a holistic sensibility, the Nobu Residences Toronto amenities will be a harmonious space that nourishes the mind, body and soul.

The amenity areas span two floors connected by unique outdoor space. Emerging from the ninth floor, a grand circular glass atrium rises to the floor above, drawing the eye skywards, while a tranquil pond in polished black granite anchors the space.

Immerse yourself in the Nobu Lifestyle.

NOBU FITNESS CLUB
NOBU GARDEN
NOBU VILLAS

NOBU FITNESS CLUB 9TH FLOOR
1. Fitness Centre
2. Glass Atrium
3. Spin Studio
4. Yoga Studio
5. Massage Room
6. Ofuro—small bathtub for soaking and relaxing after massage
7. Hot Tub
8. Dry Sauna
9. Wet Steam
10. Cold Plunge
11. Change Rooms
12. Water Feature

NOBU VILLAS 10TH FLOOR
1. Nobu Outdoor Terrace
2. Glass Atrium
3. Barbeque and Prep Deck
4. Nobu Villa
5. Conference Room
6. Screening Room
7. Games Lounge
8. Private Dining with Chef’s Table
9. Servery
10. Water Feature

Nobu Residences Toronto Garden True Condos
Nobu Residences Toronto Fitness Gym True Condos
Nobu Residences Toronto Party Room Villas True Condos
Nobu residences toronto aerial

Nobu Residences Toronto Features and Finishes

Step into Nobu Residences Toronto and be welcomed by a sense of calm and understated luxury. A celebration of materials and craftsmanship, Nobu Residences Toronto will be a sanctuary dedicated to thoughtful sophisticated living.

Nobu Residences Toronto is uniquely situated to offer cinematic views of the city’s skyline, a captivating view of the CN Tower, as well as a broad sweep of Lake Ontario, Toronto Island, and the Financial District. Sit back and take in all the city has to offer.

Nobu Residences Toronto Interior Living Room True Condos

About the Developer

MADISON GROUP

A leading real estate development company based in Toronto and New York City.

Madison Group has evolved from a successful family business into a multi-faceted company that owns, develops, and manages landmark residential and commercial properties. Madison’s extensive portfolio includes mixed-use high-rise projects, low-rise master planned communities, office, retail, prestige industrial, rental, and retirement properties throughout Toronto and New York.

Madison Group Developer Logo True Condos

Nobu Residences Toronto Frequently Asked Questions

How do I reserve a unit in this project?

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After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.

Does filling out the worksheet form mean I’m committing to buy a suite?

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No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.

What does it mean that Andrew la Fleur is a “Platinum Agent”?

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Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.

For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/

How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?

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Working with me as your Platinum agent gives you several benefits

  1. You get the highest level of access in the building
  2. You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
  3. The best possible incentives
  4. I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
  5. Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
  6. My services to you as a buyer are free

Do I get a cooling off period? What is it for?

Last Updated on

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

Do I need to have a lawyer?

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You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.

Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.

Do I need to have a mortgage pre-approval to buy?

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95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.

Do the prices include HST?

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If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.

If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.

For more information on the HST, see here:

https://truecondos.com/tag/hst-rebates/

Contact me for more details.

What are my closing costs on a pre-construction condo?

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Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.

 

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.

 

Check out this article for more info on closing costs:

https://truecondos.com/5-things-to-know-about-closing-costs-when-investing-in-a-pre-construction-condo/

 

Contact me for more details

Are there any ‘hidden’ costs when buying a pre-construction condo?

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No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

Is it possible to assign my condo? How much is the assignment fee?

Last Updated on

Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.

(416) 371-2333