912-155 Merchants' Wharf, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13168844

$3,500,000
For Sale
Listed 57 days ago
2Bedrooms
3Bathrooms
2Garage
2250-2499Sq Ft
7 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

*Spectacular Southwest Corner Suite In Coveted South Tower *Luxurious Aqualuna By Tridel *Absolutely Gorgeous & Upgraded Waterfront Suite With Unobstructed Lake Views, Feels Like You Are Sitting On The Water *2286 sqft + 3 Balconies, 1 Accessible EV Parking, 1 Standard Parking & 1 Premium Locker *2 Bedroom, 3 Baths Sought After Floor Plan *Welcoming Foyer W/Powder Room, Double & Walk In Closets *Luxurious Features & Finishes *California Closet Organizers Throughout *Premium Miele Appliances - Fridge, Oven, Gas Cooktop, Dishwasher, Speed Oven, Coffee Maker. Marvel Wine Fridge *Redesigned Kitchen W/Deeper Island & Wider Pantry *Redesigned Living W/Floor To Ceiling Feature Wall Panel TV Ready, 50" Wide Napoleon Electric Stone Surround Fireplace *Redesigned Primary Bedroom, Walk In Closet, Beautiful Ensuite W/Upgraded Flush Undermount Porcelain Sinks, Base & Mirror Cabinetry *Redesigned Laundry W/Upgraded Base, Wall Cabinetry & Stainless Steel Drop-In Sink *Full List of Upgrades Attached *Luxury Amenities Include Outdoor Pool, Sauna, Fitness & Yoga Studios, Party Room, Billiard & Media Lounges *Aqualuna Bayside Toronto's Final and Most Luxurious Waterfront Address, Indulge Yourself in the Exquisite

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13168844
Bedrooms
2
Bathrooms
3 (1 half)
Size
2250-2499
Cross streets
Queens Quay and Parliament
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$1,679/mo
Exposure
South West
Property tax
$15,880 / 2026
Days on market
57
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

FoyerMain3.40 × 3.38 m

double closet · walk-in closet(s) · 2 pc bath

Living RoomMain10.06 × 10.01 m

combined w/dining · overlook water · open concept

Bedroom 2Main3.91 × 3.66 m

3 pc ensuite · walk-in closet(s) · w/o to balcony

Primary BedroomMain4.88 × 3.66 m

5 pc ensuite · w/o to balcony · south view

KitchenMain10.06 × 10.01 m

combined w/dining · breakfast bar · south view

Dining RoomMain10.06 × 10.01 m

combined w/living · w/o to balcony · sw view

LaundryMain2.26 × 1.91 m

tile floor · separate room · b/i vanity

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Parliament St at Lakeshore Blvd E is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.82Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

609-259 The Kingsway$2.25M1014-155 Dalhousie Street$1.55MPH304-101 Subway Crescent$999kPH04-99 Harbour Square$2.29M109-326 Carlaw Avenue$2.00M

The 5 closest active listings nearby.

See all comparable homes
3.50MThis home2.25M1.55M999k2.29M2.00MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $649K
$1,474this home / sqft
84active listings nearby
57days on market
100sold nearby · 90 days
$606Kmedian sold price
96%of asking, on average

This home lists 36% above the area average of $1,083/sqft.

56 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C8, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

88/ 100

Walker's ParadiseA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Parliament St at Lakeshore Blvd E, about 101 m away

20+ transit stops15 grocery20+ dining20+ parks17 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Church-Yonge Corridor
$556K
Waterfront Communities C1
$653K
Bay Street Corridor
$525K
Niagara
$740K
Annex
$513K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 2.0 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$15,952/mo
$683KIncome needed
5.1×Price ÷ income
$3,681Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

84%mortgage
Mortgage $15,952Property tax $1,323Condo fee $1,679Total carry $18,954

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,942per month

Mortgage amount $2,800,000 · 4.14% over 25 years

$700,000Down payment (20.0%)
$2,800,000Loan before insurance
$0CMHC premium
$17,944Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,942
Property tax
$1,323
Condo / maintenance fees
$1,679
Heating
$0
Estimated monthly cost
$17,944

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$73,975
Toronto municipal land transfer tax
$78,975
Estimated closing costs
$152,950

Plus your down payment of $700,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18,148/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,682,552Total interest paid
$4,482,552Total of all payments
Principal $2,800,000 Interest $1,682,552
YearPrincipalInterestBalance
1$65,594$113,708$2,734,406
2$68,338$110,964$2,666,068
3$71,197$108,106$2,594,871
4$74,175$105,128$2,520,697
5$77,277$102,025$2,443,419
6$80,510$98,793$2,362,910
7$83,877$95,425$2,279,033
8$87,386$91,916$2,191,647
9$91,041$88,261$2,100,606
10$94,849$84,453$2,005,757
11$98,816$80,486$1,906,941
12$102,950$76,352$1,803,991
13$107,256$72,046$1,696,735
14$111,742$67,560$1,584,993
15$116,416$62,886$1,468,577
16$121,286$58,016$1,347,291
17$126,359$52,943$1,220,932
18$131,644$47,658$1,089,288
19$137,151$42,151$952,137
20$142,888$36,414$809,249
21$148,864$30,438$660,385
22$155,091$24,211$505,294
23$161,578$17,724$343,715
24$168,337$10,965$175,378
25$175,378$3,924$0

At the end of your 5-year term

Total paid over the term
$896,510
Principal paid down
$356,581
Interest paid
$539,930
Balance remaining
$2,443,419

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$7,650/mo
$91,800Gross annual rent
1.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.6%
Gross yield
− Property tax $15,880− Condo fees $20,142− Insurance $600− Vacancy & upkeep $10,098Net operating income $45,079

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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