118 Merchants' Wharf 104
Waterfront Communities C8, Downtown Toronto, M5A 0L3
FOR SALE
$2,398,000
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BEDROOMS3
BATHROOMS1
KITCHENS6
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Property Description
Experience unparalleled tranquility in this exquisite waterfront property, where modern elegance meets serene living. A soft palette of light gray floors and pristine white walls creates a stunning backdrop for your designer furniture and art collection, making every corner of this home a testament to style and sophistication.The sleek kitchen, thoughtfully designed for culinary enthusiasts, overlooks a spacious living and dining area that effortlessly invites gatherings and celebrations. With an open floor plan that promotes seamless flow, step outside to your private patioperfect for al fresco dining or quiet moments by the water.Spanning 1,850 square feet, this home feels expansive thanks to its intelligent design. A cozy office nook nestled under the glass-railed staircase offers a dedicated workspace, while a second den on the second-floor landing provides an ideal retreat for relaxation or creativity.The light-filled owner's suite is a true sanctuary, boasting floor-to-ceiling windows and a comfortable seating area. Indulge in the luxurious spa bath, featuring high-tech lighting, a sumptuous soaking tub, and a separate water closetperfect for unwinding after a long day.Nestled within a luxury community brimming with amenities, this home places you just steps away from everything you need. Embrace the lifestyle of waterfront living, where every detail has been crafted for your comfort and enjoyment. Welcome to your new sanctuary on Toronto's Harbourfront. Photos are from when property was staged, property no longer staged.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-31 | 2022-10-18 | 48 | $6,000 | $6,450 | Leased |
| 2022-08-05 | 2022-08-11 | 6 | $1 | - | Terminated |
| 2022-07-22 | 2022-08-05 | 14 | $1,998,000 | - | Terminated |
| 2022-05-10 | 2022-07-22 | 73 | $2,298,000 | - | Terminated |
Property Features
Lake/Pond, Park, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Townhouse, 2-Storey
Approximate Sq.Ft.
1800-1999
Taxes
$9,907 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C/44)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.89' x 35.79' | Open Concept, Combined W/Dining, Hardwood Floor |
| Dining | Main | 12.99' x 35.79' | Open Concept, Combined W/Living, Hardwood Floor |
| Kitchen | Main | 20.14' x 9.91' | Open Concept, W/O To Patio |
| Prim Bdrm | 2nd | 11.91' x 14.01' | W/I Closet, 5 Pc Ensuite, Window |
| 2nd Br | 2nd | 10.01' x 12.50' | Closet, 3 Pc Ensuite, Window |
| Den | 2nd | 9.19' x 11.61' | Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
118 Merchants' Wharf 104 is a 2-bedroom 3-bathroom townhome listed for sale at $2,398,000, which is $1,488,264 (163.6%) higher than the average sold price of $909,736 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom townhome in Downtown Toronto increased by $84,726 (10.3%) compared to the previous 30 day period (August 18 - September 16) and down $109,332 (10.7%) from the same time one year ago.Inventory Change
There were 182 2-bedroom townhomes listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is up 40.0% compared with the previous 30 day period (August 18 - September 16) and up 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Downtown Toronto typically sold ($11,517) (1.3%) below asking price over the last 30 days (September 17 - October 16), which represents a $11,412 decrease compared to the previous 30 day period (August 18 - September 16) and $13,134 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 townhomes in Downtown Toronto over the last 30 days (September 17 - October 16) stood at 31.3%, down from 32.3% over the previous 30 days (August 18 - September 16) and down from 33.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (September 17 - October 16), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Engel & Volkers Parry Sound
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