Nobu Residences. This is the world's first condominium residences by the world-renowned NOBU brand. Developed by The Madison Group, Mercer Street in the Downtown Toronto Entertainment District is going to see a big change coming soon. NOBU Residences will offer the ultimate luxury. This is luxury living at its finest in Toronto's Entertainment District. An exclusive collection of luxurious guest suites will rise atop the west tower, offering the best accommodations and services. 15,000 square feet and two levels of restaurant space is one of the many incredible amenities Nobu Residences has to offer, and of course, the location. The heart of downtown Toronto's Entertainment District is nothing less than a prime location.