118 Merchants' Wharf 1018

FOR SALE
$3,200,000
118 Merchants' Wharf 1018, Downtown Toronto
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
118 Merchants' Wharf 1018
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C7366780
MLSID
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Property Description
Almost 1900SqFt Upgraded 2 Bed+Den SE Corner Unit W/Unobstructed Lake Views & 10Ft Smooth Ceilings At Tridel's Aquabella In Heart Of East Bayfront. Approx 665SqFt Terrace W/Water&Gas Line, 2 Balconies, 2 Pkg&1 Lkr. Smart Home System, Hardwood Flrs, Central Vac & Power Roller Shades Throughout. Kitchen Incl Large Extended Breakfast Bar Island W/Extra Storage &B/I Wine Fridge, Quartz Counters & Dbl Undermnt Sink, Quartz Backsplsh, Recessed Under Cabinet Lights, All Miele Appl Incl Integrated Fridge&Dishwasher, Stainless Steel Gas Cooktop, B/I Wall Oven & Microwave. Master Bed W/His&Her Closets & W/O To Terrace. 5Pc Master Ensuite W/Flr To Ceiling Marble Tile, Deep Soak Tub, Separate Shower, Dbl Sink Vanity W/Limestone Counters, Water Closet. 3Pc Ensuite &W/O To Private Balcony In 2nd Bed. Enjoy All Amenities Of Harbourfront Incl Sugar Beach,Boardwalk,TO Island Ferries. George Brown,Distillery District&St Lawrence Market Around Corner. Steps To LCBO,Loblaws,Farmboy,Local Restaurants&Cafes
Extras
Easy Access To Gardiner Expy, Union Stn, Financial District. On Future Waterfront East LTR Line. Amen Incl 24/7 Concierge,Rooftop Patio W/Cabanas & Pool,Movie Theatre,Gym,Yoga Studio,Sauna,Party Rm&More. Measurements to be Verified by Buyer
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1800-1999
Taxes
$14,634 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (Lvl A, Unit 15)
Parking 2
Owned (Lvl A, Unit 15)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat16.99' x 31.82'Combined W/Dining, Hardwood Floor, W/O To Terrace
DiningFlat16.99' x 31.82'Combined W/Living, Hardwood Floor, W/O To Balcony
KitchenFlat16.99' x 31.82'Combined W/Dining, Centre Island, Quartz Counter
Prim BdrmFlat12.83' x 15.32'Hardwood Floor, W/O To Terrace, 5 Pc Ensuite
2nd BrFlat12.01' x 11.75'Hardwood Floor, 3 Pc Ensuite, W/O To Balcony
DenFlat8.01' x 8.01'Hardwood Floor, Separate Rm
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
118 Merchants' Wharf 1018 is a 2-bedroom 3-bathroom condo listed for sale at $3,200,000, which is $2,394,931 (297.5%) higher than the average sold price of $805,069 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $17,602 (2.2%) compared to the previous 30 day period (February 27 - March 27) and down $6,893 (0.8%) from the same time one year ago.
Inventory Change
There were 1,547 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 28 - April 26), which is up 25.6% compared with the previous 30 day period (February 27 - March 27) and up 40.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($10,806) (1.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,639 increase compared to the previous 30 day period (February 27 - March 27) and ($6,331) 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 (March 28 - April 26) stood at 45.4%, down from 48.1% over the previous 30 days (February 27 - March 27) and down from 66.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (March 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Axon Capital Realty Advisors Inc.
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