$1,049,000

For sale

#442 15 Merchants' Wharf, Toronto (Waterfront Communities) - Single Family for Sale

#442 15 Merchants' Wharf, Toronto (Waterfront Communities), Ontario, M5A0N8

3 beds2 baths1 parking1,100 ft²$989/mo condo feeListed 28 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 28 days, fresher than the Toronto average of 57 days.

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Description

Life is better on the lake! Welcome to this stunning SW corner suite in Aqualina by Tridel, where luxury waterfront meets everyday comfort. At just under 1100 sq ft, this bright and airy 3 bed, 2 bath condo is a rare find, with generously sized rooms, water views, and an abundance of natural light throughout. The spacious primary retreat features a walk-in closet and ensuite, while the 2nd and 3rd bedrooms offer exceptional flexibility. One is wrapped in corner windows, and the other features custom built-ins, making it the perfect home office. The sleek kitchen with integrated appliances flows effortlessly into an open-concept living and dining area, creating a space that's perfect to entertain and enjoy. Step onto your private balcony and soak in unobstructed Lake views, the perfect backdrop for your morning coffee or evening sunset. Residents of this LEED-certified building enjoy resort-style amenities including a rooftop pool and garden, gym, spin studio, party room, concierge, EV charger stations and guest suites. Beanfield internet is included too! Just steps from Sugar Beach, the waterfront, transit, Loblaws, Shoppers Drug Mart, cafes, and restaurants, with quick access to Union Station, St. Lawrence Market, the Gardiner, and the DVP. Includes parking and locker - this is waterfront living, without compromise. (id:66096)

Property Details

MLS®: C13872202
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $989/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $6,033/yr

Rooms

Flat

Kitchen: 2.44 x 2.13 meters
Living room: 3.05 x 4.88 meters
Foyer
Bathroom
Primary Bedroom: 3.05 x 3.84 meters
Bathroom
Bedroom 2: 2.87 x 3.71 meters
Bedroom 3: 3.51 x 2.74 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Cooktop, Window Coverings
Flooring: Tile, Laminate
Exterior: Concrete, Stucco
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$954

List price

$1.05M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Waterfront Communities) has been listed for 28 days, which is 29 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · LARISSA MICHELLE FITZSIMONS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $1,049,000, about 14.8× the local median household income of $71,000.

Carrying it typically needs a household income of about $204,906 (20% down, 25-yr amortization, stress-tested) — roughly 189% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$1,049,000· $954/ft²

For sale

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Full Cost Breakdown

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Down Payment7.62% · $79,900

Min 7.62%50%

Mortgage payment$5,373/mo

↳ CMHC premium ($38,764 capitalized)

Property tax (est.)$503/mo

Condo fee$989/mo

Total monthly$6,865

Cash Needed to Close

Down payment (7.62%)$79,900

Land transfer tax$34,910

Est. closing costs$5,647

Total cash needed$120,457

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