1122-155 Merchants' Wharf, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13522482
About this home
Client RemarksWelcome to luxury waterfront living at Tridel's Aqualuna, located in Toronto's vibrant East Bayside district. This exceptional brand-new 2-bedroom + enclosed den residence offers 2,433 sq. ft. of upgraded living space, featuring premium finishes and breathtaking south-facing views of the lake, gardens, and pool.Designed for both comfort and elevated entertaining, the suite showcases floor-to-ceiling windows, a spacious open layout, and a gourmet kitchen equipped with integrated appliances, an upgraded Miele induction cooktop with touch controls, natural stone countertops, custom cabinetry, a built-in wine cellar, and an enlarged double-waterfall island. Both bedrooms include private ensuites with heated floors and upgraded natural stone countertops, while the double-door enclosed den provides an ideal office or guest room. The luxurious primary retreat features his-and-hers walk-in closets, a spa-inspired ensuite, and direct access to a serene lake-view terrace, complemented by a second private balcony off the 2nd bedroom. Additional conveniences include a full-size laundry room with sink and ample cabinetry, along with an EV-ready parking space.Resort-style amenities include a lakeside outdoor pool, fitness and yoga studios, sauna, media and party lounges, and 24/7 concierge service. Just steps from Sugar Beach, the Martin Goodman Trail, the waterfront promenade, and some of the city's best dining and cultural destinations, this home offers an unmatched blend of tranquility, sophistication, and urban convenience.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13522482
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 2250-2499
- Cross streets
- Queens Quay and Parliament
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Other
- Maintenance
- $1,692/mo
- Exposure
- South West
- Days on market
- 17
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
3 pc ensuite · walk-in closet(s) · w/o to balcony
w/o to terrace · overlook water · open concept
open concept · walk-in closet(s) · 2 pc bath
combined w/living · w/o to terrace · sw view
combined w/dining · breakfast bar · south view
double doors · hardwood floor · pot lights
tile floor · separate room · b/i vanity
5 pc ensuite · w/o to terrace · south view
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.
Ask Moe if this price is fairThe 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes16 days longer than the Toronto average (1 days).
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.
Getting around
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
Within a 15-minute (1.5 km) walk.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $2,800,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,942
- Property tax
- $2,188
- Condo / maintenance fees
- $1,692
- Heating
- $0
- Estimated monthly cost
- $18,821
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
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
- $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.
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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.