$679,990

For sale

#712 15 Merchants Wharf, Toronto (Waterfront Communities) - Single Family for Sale

#712 15 Merchants Wharf, Toronto (Waterfront Communities), Ontario, M5A0N8

1 bed2 baths0 parking650 ft²$530/mo condo feeListed 23 days ago

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. It has been on the market 23 days, fresher than the Toronto average of 57 days.

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Description

Experience sophisticated waterfront living at the prestigious Aqualina by Tridel, where modern elegance meets Toronto's vibrant lakeside lifestyle. Beautifully maintained and freshly painted, this stunning one-bedroom residence offers approximately 550-600 sq. ft. (as per MPAC), featuring 9-foot ceilings, abundant natural light and a stylish open-concept layout. Thoughtfully designed with one full bathroom and a convenient powder room, offering comfort and functionality. A rare highlight of this home is the approximately 400 sq. ft. private terrace/ balcony with scenic water views, an exceptional outdoor oasis perfect for alfresco dining, entertaining or unwinding, with picturesque glimpses of the sparkling waterfront from one corner. Enjoy resort-style amenities, including a lap pool, fitness centre, 24-hour concierge and elegant entertaining spaces. Steps from Sugar Beach, the historic Distillery District, Harbourfront, trendy cafés, restaurants and everyday conveniences. The exciting Quayside waterfront revitalization, formerly envisioned as Google's Sidewalk Labs smart-city project, adds to the neighbourhood's evolving appeal. Easy access to the DVP and Gardiner Expressway. Some photographs are virtually staged to showcase the home's potential. A rare opportunity to enjoy luxurious urban living with extraordinary private outdoor space in Toronto's sought-after waterfront community! (id:66096)

Property Details

MLS®: C14028982
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Waterfront: Yes
Condo Fee: $530/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax

Rooms

Flat

Living room: 6.1 x 3.96 meters
Dining room: 6.1 x 3.96 meters
Kitchen: 6.1 x 3.96 meters
Primary Bedroom: 3.35 x 3 meters

Other

Den

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, Oven, Dryer, Microwave, Cooktop, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,047

List price

$680K

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 1-bed single family in Toronto (Waterfront Communities) has been listed for 23 days, which is 34 days fresher than the city average of 57. Act while there is still low competition.

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Listed by TFN REALTY INC. · MAYURI PANCHAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $679,990, about 9.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $132,826 (20% down, 25-yr amortization, stress-tested) — roughly 87% 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)

$679,990· $1,047/ft²

For sale

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Full Cost Breakdown

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Down Payment6.32% · $42,999

Min 6.32%50%

Mortgage payment$3,532/mo

↳ CMHC premium ($25,480 capitalized)

Property tax (est.)$290/mo

Condo fee$530/mo

Total monthly$4,351

Cash Needed to Close

Down payment (6.32%)$42,999

Land transfer tax$20,150

Est. closing costs$4,540

Total cash needed$67,689

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