55 Merchants' Wharf 428
Waterfront Communities C8, Downtown Toronto, M5A 0P2
FOR SALE
$799,900
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BEDROOMS2
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Property Description
Your waterfront dreams have come true with this stunning, exceptionally rare, 2 bedroom / 2 washroom suite in the south tower of Aqualina by Tridel. Experience "forever" lake and park views, and afternoon sunlight from this west-facing beauty, just moments from downtown. Elegant and efficient - nearly 800 sq ft with not an inch of wasted space, including a king-sized primary with ensuite, second-bedroom with closet and a full 2nd washroom. Watch sailboats and sunshine while enjoying coffee and cocktails on the peaceful balcony. Other luxuries: integrated appliances, smooth 9 ceilings, wood flooring & built-in closet organizers. A superbly managed building with exceptional resort-quality amenities, outdoor pool paradise, fitness centre, guest suites & helpful 24/7 concierge. High-speed internet included in the maintenance fee. Rental parking available in the building. Pop out for tacos in The Distillery, picnic and ice skate in Sherbourne Common, shop at Queens Quay Loblaws / Farm Boy / Shopper's and the new sexy LCBO, or meander along the waterfront. Easy walk to Scotiabank Arena and St Lawrence Market. New Marche Leo's grocery store coming soon next door.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2020-04-15 | 2020-06-09 | 55 | $828,900 | $800,000 | Sold |
2020-03-22 | 2020-04-15 | 24 | $899,900 | - | Terminated |
Property Features
Beach, Lake Access, Lake/Pond, Marina, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,020 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 9.97' x 30.81' | Open Concept, W/O To Balcony, Overlook Water |
Dining | Flat | 9.97' x 30.81' | Combined W/Kitchen |
Kitchen | Flat | 9.97' x 30.81' | Open Concept, Stainless Steel Appl, Quartz Counter |
Prim Bdrm | Flat | 9.81' x 11.81' | 4 Pc Ensuite, Large Closet, Overlook Water |
2nd Br | Flat | 10.14' x 8.73' | Sliding Doors, Large Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Merchants' Wharf 428 is a 2-bedroom 2-bathroom condo listed for sale at $799,900, which is $68,215 (9.3%) higher than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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