1112-15 Merchants' Wharf Way, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13797744

$1,350,000
For Sale
Listed 32 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Aqualina by BaysideDiscover the bright and spacious open-concept 2-bedroom, 2-bathroom suite at Aqualina by Bayside.
  • You could also enjoy an impressive collection of luxury amenities, including: Rooftop Aqua Terrace with outdoor infinity pool Club Aqua fitness centre Whirlpool spa...

Welcome to Aqualina by BaysideDiscover the bright and spacious open-concept 2-bedroom, 2-bathroom suite at Aqualina by Bayside. Enjoy a direct walkway to your private terrace, offering spectacular lake views-perfect for relaxing and soaking up the sunshine. You could also enjoy an impressive collection of luxury amenities, including:* Rooftop Aqua Terrace with outdoor infinity pool* Club Aqua fitness centre* Whirlpool spa* Yoga and spin studios* Party room with catering kitchen* Guest suites* 24-hour concierge. Ideally located close to Sugar Beach and the Waterfront Promenade, with Loblaws, LCBO, the Distillery District, and St. Lawrence Market all within walking distance. Convenient access to the Gardiner Expressway, DVP, and public transit makes commuting throughout the city easy.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13797744
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Lower Sherbourne/Queens Quay
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,075/mo
Exposure
South East
Property tax
$6,906 / 2026
Days on market
32
Listing brokerage
SUPERSTARS REALTY LTD.

Rooms

KitchenFlat6.15 × 5.61 m

combined w/dining · combined w/living · breakfast bar

Dining RoomFlat6.15 × 5.61 m

combined w/kitchen · combined w/living

Living RoomFlat6.15 × 5.61 m

combined w/dining · combined w/living · w/o to terrace

Bedroom 2Flat3.05 × 3.81 m

Closet

Primary BedroomFlat4.27 × 3.05 m

4 pc ensuite · walk-in closet(s) · w/o to terrace

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C8 · asking prices
$1.01Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $890/sqft; this home lists at $1,228/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.35MThis home1.06M1.02M1.15M939k899kThis home vs active comparables

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.

Nearby neighbourhoods

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

Moss Park
$549K
Church-Yonge Corridor
$876K
Waterfront Communities C1
$691K
Kensington-Chinatown
$585K
Niagara
$727K

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 · 2.3 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Market Lane Junior and Senior Public School · Public elementary0.5 km · 74% at standard
Downtown Alternative School · Public elementary0.6 km
St Paul Catholic School · Catholic elementary1.2 km · 62% at standard
Nelson Mandela Park Public School · Public elementary1.5 km · 47% at standard
St Michael's Choir (Jr) School · Catholic elementary1.6 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary1.6 km · 98% at standard
Lord Dufferin Junior and Senior Public School · Public elementary1.8 km · 55% at standard
Sprucecourt Junior Public School · Public elementary2.1 km · 59% at standard
SEED Alternative School · Public secondary2.2 km
Contact Alternative School School · Public secondary2.3 km
Winchester Junior and Senior Public School · Public elementary2.4 km · 76% at standard
Church Street Junior Public School · Public elementary2.4 km · 73% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,153/mo
$276KIncome needed
4.9×Price ÷ income
$1,420Weekly cost
$46,950Land transfer tax, one-time (Ontario + Toronto)
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.

79%mortgage
Mortgage $6,153Property tax $575Condo fee $1,075Total carry $7,803

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,972per month

Mortgage amount $1,080,000 · 4.49% over 25 years

$270,000Down payment (20.0%)
$1,080,000Loan before insurance
$0CMHC premium
$7,622Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$576
Condo / maintenance fees
$1,075
Heating
$0
Estimated monthly cost
$7,622

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

One-time closing costs

Ontario land transfer tax
$23,475
Toronto municipal land transfer tax
$23,475
Estimated closing costs
$46,950

Plus your down payment of $270,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,228/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

$711,452Total interest paid
$1,791,452Total of all payments
Principal $1,080,000 Interest $711,452
YearPrincipalInterestBalance
1$24,101$47,557$1,055,899
2$25,195$46,463$1,030,704
3$26,339$45,319$1,004,364
4$27,535$44,123$976,829
5$28,785$42,873$948,044
6$30,092$41,566$917,952
7$31,459$40,199$886,493
8$32,887$38,771$853,606
9$34,380$37,278$819,226
10$35,941$35,717$783,285
11$37,573$34,085$745,711
12$39,279$32,379$706,432
13$41,062$30,596$665,370
14$42,927$28,731$622,443
15$44,876$26,782$577,567
16$46,913$24,745$530,654
17$49,044$22,615$481,610
18$51,270$20,388$430,340
19$53,598$18,060$376,742
20$56,032$15,626$320,710
21$58,576$13,082$262,134
22$61,235$10,423$200,899
23$64,016$7,642$136,883
24$66,922$4,736$69,961
25$69,961$1,697$0

At the end of your 5-year term

Total paid over the term
$358,290
Principal paid down
$131,956
Interest paid
$226,334
Balance remaining
$948,044

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$3,400/mo
$40,800Gross annual rent
1.2%Cap rate after taxes and upkeep

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.

3.0%
Gross yield
− Property tax $6,906− Condo fees $12,899− Insurance $600− Vacancy & upkeep $4,488Net operating income $15,908

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUPERSTARS REALTY LTD.. MLS®/PropTx.

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