216-155 Merchants' Wharf, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C14027880
About this home
In short
- Welcome to Aqualuna at Bayside-Hines Tridel's globally celebrated, award-winning waterfront landmark.
- Unit 216 offers a rare two-storey house-scale layout spanning 2,195 sq. ft. of luxury, tailored for sophisticated indoor-outdoor living.
- The main level reveals an expansive open-concept living, dining, and chef's kitchen area paired with a walk-in pantry, powder room, and dedicated storage.
- Upper level features a versatile den/study space, dedicated laundry room, and two spacious bedrooms-including a primary suite with a walk-in closet and 5-piece spa...
Welcome to Aqualuna at Bayside-Hines Tridel's globally celebrated, award-winning waterfront landmark. Unit 216 offers a rare two-storey house-scale layout spanning 2,195 sq. ft. of luxury, tailored for sophisticated indoor-outdoor living. The main level reveals an expansive open-concept living, dining, and chef's kitchen area paired with a walk-in pantry, powder room, and dedicated storage. Floor-to-ceiling glass leads out to a massive, private ground-floor terrace designed for large-scale outdoor dining, lounging, and soaking in glorious west-facing sunsets. Upper level features a versatile den/study space, dedicated laundry room, and two spacious bedrooms-including a primary suite with a walk-in closet and 5-piece spa ensuite. Both bedrooms enjoy direct walk-outs to a second-floor balcony overlooking the waterfront landscape. Complete with premium finishes and access to world-class amenities, this home sits steps from the Distillery District, St. Lawrence Market, sugar beach, and scenic water trails.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C14027880
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3 (1 half)
- Size
- 2000-2249 sq ft
- Cross streets
- PARLIAMENT & LAKESHORE BLVD E
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Other, Stone
- Maintenance
- $1,586/mo
- Exposure
- West
- Property tax
- $12,396 / 2026
- Days on market
- 6
- Listing brokerage
- GOLDEN HOUSE REALTY INC.
Rooms
combined w/kitchen · hardwood floor
combined w/dining · pantry
3 pc ensuite · b/i closet · w/o to balcony
Hardwood Floor
hardwood floor · w/o to terrace · window floor to ceiling
5 pc ensuite · walk-in closet(s) · w/o to balcony
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 readThe 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.
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 $1,372/sqft; this home lists at $1,365/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Waterfront Communities C8, Toronto, ON
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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.
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $2,319,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,823
- Property tax
- $1,033
- Condo / maintenance fees
- $1,586
- Heating
- $0
- Estimated monthly cost
- $15,442
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,950
- Toronto municipal land transfer tax
- $58,950
- Estimated closing costs
- $117,900
Plus your down payment of $579,800. 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
- $769,395
- Principal paid down
- $283,363
- Interest paid
- $486,032
- Balance remaining
- $2,035,837
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 GOLDEN HOUSE REALTY INC.. MLS®/PropTx.