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  • Ontario
  • Toronto
  • Waterfront Communities C8
  • 55 Merchants' Wharf
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  • Sold Sold in Jun 2025
  • Condo Apt

224 - 55 Merchants' Wharf

Toronto, Waterfront Communities C8
  • 2 + 1 Bedrooms
  • 3 Bathrooms
  • 0 Garage
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Sold Price: $ 1,800,000
Listed Price: $ 1,799,000
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Key Facts About 224 - 55 Merchants' Wharf, Toronto

  • Tax $8,126 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1230.31
  • Building Age 6-10
  • Size 1200 - 1399 feet²
  • Listing # C12136821
  • Data Source PROPTX
  • Days on Market 37
  • Listed On 09/05/2025
  • Updated On 16/06/2025
  • Market Demand
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Description

Welcome to 55 Merchants' Wharf #224 - a refined urban retreat in the heart of Torontos vibrant waterfront.This stunning 1,367 sq. ft. residence, 10 ft ceiling, crafted by renowned builder Tridel, offers 2+1 bedrooms and 3 elegant bathrooms and an open-concept layout designed for modern living. A rare highlight is the expansive over 300 sq. ft. private terrace, where you can take in sweeping, tranquil views of Lake Ontario a perfect escape from the city's bustle. Sophisticated finishes, floor-to-ceiling windows with motorized blinds throughout,

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Property Details of 224 - 55 Merchants' Wharf, Toronto

Property

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

Inside

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

Utilities

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

Building

  • Size 1200 - 1399 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Concierge, Exercise Room, Game Room, Gym, Outdoor Pool, Part...View More
  • Building Age 6-10

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street Queens Quay E& Lower Sherboure

Features

  • Lake/Pond Y
  • Park Y
  • Public Transit Y

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Our Estimate

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Estimated Rent

$ 4,791

Rental Yield

2.71%

School Score

7.5/10

Rental Score

1.5/5

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Rooms

Living Room
Level: Main
Den
Level: Main
Bedroom
Level: Main
Bedroom 2
Level: Main
Kitchen
Level: Main

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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

$1,799

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,230
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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 224 - 55 Merchants' Wharf, Toronto

Welcome to your dream apartment for sale in Toronto , located at the prestigious address of 55 Merchants' Wharf, Toronto. This stunning Tridel Luxury "Aqualina At Bayside" condo offers a breathtaking southwest view of the water and the city, making it a perfect haven for those who appreciate both luxury and natural beauty. With a functional layout, this executive apartment features two spacious bedrooms and a den, complemented by three well-appointed washrooms.

As you step into this splendid apartment for sale in Toronto, you’ll immediately notice the generous living space, which spans approximately 1532 square feet as per the builder's drawing. The layout is designed to maximise comfort and convenience, with a large terrace that faces the lake. This outdoor space is perfect for entertaining, whether you fancy a barbecue with friends or simply want to unwind in the hot tub under the sun.

The apartment boasts a modern kitchen situated on the main floor, ideal for whipping up culinary delights. Although there is no additional kitchen, the main kitchen is well-equipped to handle all your cooking needs. The apartment is unfurnished, allowing you to personalise the space to your taste and style.

One of the standout features of this apartment for sale in Toronto is the central air conditioning, ensuring that you remain cool and comfortable throughout the warmer months. However, it’s worth noting that there is no fireplace, which may be a consideration for those who enjoy a cosy atmosphere during the winter.

With a total of five rooms, including the den, this apartment provides ample space for both relaxation and productivity. The den can serve as a home office, a reading nook, or even a guest room, depending on your needs. The three bathrooms are a significant advantage, especially for families or those who frequently host guests.

While the building does not feature a pool, the amenities available are nothing short of spectacular. Residents of 55 Merchants' Wharf, Toronto, can enjoy access to a rooftop infinity pool and hot tub, providing a serene escape with stunning views. Additionally, there are bookable private BBQ areas, a theatre for movie nights, a large exercise room for fitness enthusiasts, and a party room for celebrations. The library offers a quiet retreat for reading or studying, while the concierge and 24/7 security ensure that you feel safe and well looked after at all times.

Situated in the vibrant Waterfront Communities C8, this apartment for sale in Toronto is just a stone's throw away from a plethora of local attractions. You’ll find yourself mere steps from the TTC, making commuting a breeze. The George Brown Healthcare campus is also conveniently close, perfect for those working in the healthcare sector. A short stroll will take you to the Distillery District, renowned for its historic architecture and trendy shops, as well as the St. Lawrence Market, where you can indulge in fresh produce and artisanal goods. Union Station and Loblaws are also within easy reach, along with Queen's Quay Terminal, ensuring that you have everything you need right at your doorstep.

In summary, this apartment for sale in Toronto at 55 Merchants' Wharf, Toronto, offers an unparalleled lifestyle with its luxurious features, prime location, and stunning views. Whether you’re looking to enjoy the vibrant community or simply relax in your beautiful home, this condo is the perfect choice. Don’t miss out on the opportunity to make this exquisite apartment your own!

Waterfront Communities C8, nestled along the picturesque shores of Lake Ontario in Toronto, is a vibrant and dynamic area that seamlessly blends urban living with natural beauty. This waterfront enclave boasts a mix of modern condominiums, chic boutiques, and a variety of dining options, all set against the backdrop of stunning lake views and lush parks. Residents enjoy easy access to cultural attractions such as the Harbourfront Centre and the Toronto Islands, as well as convenient public transport links to the rest of the city. With its lively atmosphere, recreational opportunities, and a strong sense of community spirit, Waterfront Communities C8 offers an exceptional urban lifestyle for those seeking both excitement and tranquility.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within just 0.6 km, you’ll find Market Lane Junior and Senior Public School, a highly-rated institution (4.7) offering grades JK to 8 under the Toronto District School Board. Also nearby is St. Michael Catholic School, which provides an English-language curriculum for grades JK to 8 and boasts a commendable rating of 6.6. For older students, Kapapamahchakwew - Wandering Spirit School, located 1.1 km away, serves grades 9 to 12, though it currently lacks a rating. Additionally, Ryerson Community School, 3.2 km from the property, offers French-language education for grades JK to 8 and has a solid rating of 4.6. For high school students, St. Joseph's College School, 3.0 km away, provides a Catholic education with a strong rating of 7.2. Lastly, St. Mary Catholic School, situated 3.3 km from the property, caters to younger students (JK to 4) and offers a French curriculum with a rating of 5.9. Overall, this area is well-served by a variety of educational options, ensuring quality schooling for children of all ages.

FAQs About 224 - 55 Merchants' Wharf, 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 1200 - 1399.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 55 Merchants' Wharf?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Underground garage with space for 0 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?

There is no fireplace 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 $1230.31.

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 224 - 55 Merchants' Wharf, Toronto

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Listing History

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