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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C8
  • 118 Merchants Wharf Avenue
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  • Sold Sold in Apr 2026
  • Condo Apt

309 - 118 Merchants Wharf Avenue

Toronto, Waterfront Communities C8
  • 2 + 1 Bedrooms
  • 3 Bathrooms
  • 1 Garage
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Sold Price: $ 1,930,000
7.66%
Listed Price: $ 2,090,000
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Key Facts About 309 - 118 Merchants Wharf Avenue, Toronto

  • Tax $10,980 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1358.44
  • Building Age 0-5
  • Size 1400 - 1599 feet²
  • Parking 1 garage, 1 parking
  • Listing # C12741138
  • Data Source PROPTX
  • Days on Market 60
  • Listed On 30/01/2026
  • Updated On 17/04/2026
  • Market Demand
    the canadian homethe canadian home

Description

Indulge in luxury living at the renowned Aquabella by Tridel, offering breathtaking, unobstructed lake and island views just minutes from downtown. This stunning residence features 2 bedrooms plus den, 3 washrooms, and over 1,600 sq ft of indoor and outdoor living space with a thoughtfully designed open-concept layout and zero wasted space. Timeless finishes include floor-to-ceiling windows, hardwood floors, 9-ft ceilings, and keyless entry. The gourmet kitchen boasts a waterfall island, gas cooktop, full-size appliances, and a functional serve

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Property Details of 309 - 118 Merchants Wharf Avenue, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C8
  • Municipality Toronto

Inside

  • Bedrooms 2
  • Bathrooms 3
  • Bathroom Details 1, 3pc Flat
  • Bathroom Details 1, 2pc Flat
  • Bathroom Details 1, 5pc Flat
  • Kitchen 1
  • Rooms 7
  • Family Rooms N
  • Central Vac N
  • Fireplace Y

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1400 - 1599 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Concierge, Exercise Room, Gym, Outdoor Pool, Recreation Room
  • Building Age 0-5

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Queens Quay East And Merchants

Features

  • Beach Y
  • Clear View Y
  • Lake Backlot Y
  • Park Y
  • Public Transit Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 5,623

Rental Yield

2.63%

School Score

7.3/10

Rental Score

1/5

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Rooms

Bathroom (3 pcs)
Level: Flat
Bathroom (2 pcs)
Level: Flat
Bathroom (5 pcs)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,927

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,358
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 309 - 118 Merchants Wharf Avenue, Toronto

Nestled in the vibrant community of Waterfront Communities C8, the condo for sale in Toronto at 118 Merchants Wharf Avenue, Toronto, presents an unparalleled opportunity for luxury living. This exquisite residence, located in the esteemed Aquabella by Tridel, offers breathtaking and unobstructed views of the lake and islands, all just moments away from the bustling downtown area.

Spanning over 1,600 square feet, this condo features a well-thought-out open-concept layout that maximises space and light, ensuring there is zero wasted space. The property boasts two spacious bedrooms and a versatile den, making it an ideal choice for professionals or families seeking a modern living environment. With three bathrooms, including two spa-like ensuites in the expansive primary suite, convenience and comfort are at the forefront of this home. The den can easily serve as a home office or a quiet retreat, catering to the needs of a contemporary lifestyle.

The interior of the condo for sale in Toronto is adorned with timeless finishes that enhance its elegance. Floor-to-ceiling windows flood the living spaces with natural light, while the hardwood floors and 9-foot ceilings create an inviting atmosphere. The kitchen is a chef's dream, featuring a stunning waterfall island, a gas cooktop, and full-size appliances, complemented by a functional servery/laundry room. This kitchen is designed not only for cooking but also for entertaining, making it the heart of the home.

Residents of 118 Merchants Wharf Avenue, Toronto, can enjoy the luxury of full-length balconies, perfect for taking in the magnificent sunrise and sunset views over the water. The thoughtful design extends to the additional amenities, which include a powder room for guests, two lockers for extra storage, and a designated underground parking space, ensuring that every need is catered for.

While the condo does not feature a pool, the community offers an array of exceptional amenities that elevate the living experience. These include a well-equipped gym, a party room for social gatherings, and a guest suite for visitors. The 24/7 concierge service adds an extra layer of convenience and security, making this property a standout choice in the market.

The property is unfurnished, allowing new owners to personalise their living space to their taste. With central air conditioning and forced air heating, comfort is assured throughout the year. Although there is no central vacuum system, the layout and finishes of the condo make maintenance straightforward.

In summary, this condo for sale in Toronto at 118 Merchants Wharf Avenue, Toronto, is a true gem in the heart of the city. With its luxurious features, stunning views, and proximity to downtown, it represents a unique opportunity for those seeking a modern lifestyle in a prime location. Whether you are looking for a serene retreat or a vibrant community to call home, this property checks all the boxes.

Experience the epitome of luxury living in this remarkable condo for sale in Toronto, where every detail has been meticulously crafted to provide an unparalleled living experience. Don't miss your chance to make this stunning residence your own at 118 Merchants Wharf Avenue, Toronto.

Waterfront Communities C8 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This waterfront enclave is characterised by its modern high-rise condominiums, lush parks, and scenic promenades, making it an ideal location for those who appreciate both city life and outdoor leisure. Residents enjoy easy access to a plethora of amenities, including trendy restaurants, art galleries, and cultural attractions, all within walking distance. The community is well-connected by public transport, ensuring that the bustling heart of downtown Toronto is just a short journey away. With its stunning waterfront views and a lively atmosphere, Waterfront Communities C8 presents an enticing option for anyone looking to embrace the best of urban living in a picturesque setting.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of needs for families. The closest school is Market Lane Junior and Senior Public School, just 0.6 km away, offering grades JK to 8 with a solid rating of 3.7. St. Michael Catholic School, located 0.7 km from the property, provides a strong elementary education in English with a commendable rating of 7.1. For older students, Kapapamahchakwew - Wandering Spirit School, 1.3 km away, serves grades 9 to 12, though it currently has a rating of 0. Ryerson Community School, which offers French education for grades JK to 8, is located 3.4 km away with a rating of 3.8. Additionally, St. Joseph's College School, a Catholic institution for grades 9 to 12, is 3.1 km away and boasts a strong rating of 7.6. Lastly, St. Mary Catholic School, 3.5 km from the property, caters to younger students (JK to 4) and has a rating of 5.7. Overall, this area offers a diverse range of educational options, ensuring quality schooling for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant and diverse community with a population of 3,655 residents as of 2021. The average household size is relatively small at 1.6 individuals, and the community has a youthful average age of 35.2 years. The average household income stands at $94,200, although 19.3% of the population is classified as low-income. A significant portion of the residents, 57.65%, are single, while only 20% of households include children. The area is notably diverse, with 40.85% of the population being immigrants. Housing trends indicate a high percentage of renters at 70.2%, with condos making up 83.66% of the housing market. Education levels are impressive, with 80.75% of residents holding a college or university degree. However, 19.4% of the population is not participating in the labor force, indicating potential challenges in employment opportunities. Overall, this community offers a mix of educational attainment, diverse backgrounds, and a significant rental market, making it an attractive area for potential residents and investors alike.

FAQs About 309 - 118 Merchants Wharf Avenue, Toronto

How many bathrooms does this property have?

This property features 3 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Toronto is 1400 - 1599.

How many parking spaces are available with this property?

118 Merchants Wharf Avenue boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 118 Merchants Wharf Avenue?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $1358.44.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 309 - 118 Merchants Wharf Avenue, Toronto

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Listing History

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