118 Merchants' Wharf 208

FOR SALE
$2,568,000
118 Merchants' Wharf 208, Downtown Toronto
118 Merchants' Wharf 208
118 Merchants' Wharf 208
118 Merchants' Wharf 208
118 Merchants' Wharf 208
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
C9358523
MLSID
Contact Us
Property Description
Luxury Living in Bayside Community Aquabella by Tridel! Unit #208 offers stunning south-facing views of Lake Ontario, enhanced by 9' ceilings and floor-to-ceiling windows. The open-concept kitchen, dining, and living areas provide an elegant and spacious layout. Two split bedrooms each feature ensuite bathrooms, walk-in closets, and large walk-out balconies, while the enlarged den can serve as an office or a third bedroom. Top-tier appliances, premium engineered flooring, high-end finishes, and integrated lighting in vanity mirrors, along with a smart suite system that connects the security system, temperature control, lighting, and smart locks, highlight the unit's luxury. The parking garage features an automated license plate recognition system for added security. Residents also enjoy access to guest suites, a daycare, a fully equipped gym, an outdoor pool, lounge areas, and a party room. The main lobby includes parcel and grocery pickup facilities, including a fridge.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-03-21 2023-04-26 36 $5,700 $5,800 Leased
Extras
Built-In Miele Appliances Include: 36" Integrated Fridge, Dishwasher, Oven, 36" Gas Cooktop, Range Hood. Front Load Whirlpool Washer & Dryer. Refer To Builder's Floorplan For Measurements.
Property Features
Lake/Pond, Park, Public Transit, Waterfront
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$10,070 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (B)
Parking 2
Owned (B)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
DiningMain14.99' x 25.00'Hardwood Floor, Combined W/Living, Overlook Water
LivingMain14.99' x 25.00'Hardwood Floor, Combined W/Dining, W/O To Balcony
Prim BdrmMain12.50' x 12.99'Hardwood Floor, Ensuite Bath, W/O To Balcony
2nd BrMain10.01' x 10.99'Hardwood Floor, Ensuite Bath, W/O To Balcony
DenMain8.01' x 10.99'Hardwood Floor, Combined W/Laundry
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
118 Merchants' Wharf 208 is a 2-bedroom 3-bathroom condo listed for sale at $2,568,000, which is $1,780,938 (226.3%) higher than the average sold price of $787,062 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $7,422 (1.0%) compared to the previous 30 day period (July 30 - August 28) and up $2,995 (0.4%) from the same time one year ago.
Inventory Change
There were 1,564 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 29 - September 27), which is up 48.7% compared with the previous 30 day period (July 30 - August 28) and up 8.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,062) (2.0%) below asking price over the last 30 days (August 29 - September 27), which represents a $2,285 increase compared to the previous 30 day period (July 30 - August 28) and ($10,882) 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 (August 29 - September 27) stood at 28.3%, down from 42.9% over the previous 30 days (July 30 - August 28) and down from 32.7% 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 31 days when successfully sold over the last 30 days (August 29 - September 27), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Aimhome Realty Inc.
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