701-155 Merchants' Wharf Avenue, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13415932
About this home
Aqualuna at Bayside - Tridel's Signature Waterfront ResidenceDiscover an extraordinary opportunity at Aqualuna at Bayside, Tridel's celebrated waterfront address on Lake Ontario. This exceptional 2-bedroom + den, 3-bathroom residence offers 1,367 sq. ft. of refined living space, thoughtfully designed to capture the beauty and calm of the waterfront.Soaring 11-foot ceilings create a remarkable sense of volume and elegance, while expansive floor-to-ceiling windows invite natural light into every room and beautifully frame the lake views. A private 100 sq. ft. balcony - uniquely accessible from both bedrooms and the hallway - extends the living space outdoors, ideal for tranquil mornings, evening sunsets, or effortless entertaining.Every detail reflects quality and thoughtful design. Highlights include a fully integrated Miele kitchen, smart home technology, and over $30,000 in premium upgrades selected for both style and function. A spacious den offers versatility as a home office, library, or guest space, while refined finishes and generous storage enhance everyday comfort. An EV-ready parking space supports a modern, eco-conscious lifestyle.Perfectly positioned along Toronto's vibrant waterfront, the residence is steps from Sugar Beach, the scenic boardwalk, and the historic Distillery District. The CN Tower, Scotiabank Arena, and Rogers Centre are minutes away, while Loblaws and LCBO are conveniently close. Commuters enjoy easy access to the Gardiner, DVP, and Union Station.Residents of Aqualuna enjoy resort-inspired amenities, including an outdoor pool overlooking the lake, fully equipped fitness and yoga studios, sauna, media and billiards lounges, and elegant social spaces designed for relaxation and entertaining.Whether as a sophisticated home or a distinguished investment, this Aqualuna suite delivers on every front. Schedule your private viewing today.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13415932
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Queens Quay East/Parliament
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $879/mo
- Exposure
- East
- Days on market
- 45
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
Combined w/Living
Combined w/Dining
Listed at $1,718,000, and my independent estimate is within the range of comparable homes, on the higher side.
In Waterfront Communities C8 lately, sellers get about 97% of asking; homes sell in ~33 days.
Total price vs nearby homes. Fair value about $1.37M, median of 3 comparables.
How this estimate is builtthe short version
I take the 3 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit
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.
Based on 3 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 31% above the area average of $1,008/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C8, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $1,374,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,334
- Property tax
- $1,074
- Condo / maintenance fees
- $879
- Heating
- $0
- Estimated monthly cost
- $9,287
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,835
- Toronto municipal land transfer tax
- $30,835
- Estimated closing costs
- $61,670
Plus your down payment of $343,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $440,059
- Principal paid down
- $175,030
- Interest paid
- $265,028
- Balance remaining
- $1,199,370
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.