118 Merchants' Wharf 305
Waterfront Communities C8, Downtown Toronto, M5A 0L3
FOR SALE
$1,699,000
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BEDROOMS3
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Property Description
Tridel Luxury Signature Aquabella Building Right At Lake Shore Bayside Condos In Downtown Toronto. Incredible South West Views Of Lake & Islands. 2 Bed + Den, 3 Bath. Fantastic Open Concept Layout With Floor To Ceiling Windows & Lake Views. Stunning Hardwood Floors Throughout. Designer Kitchen with Modern Island and Perfect For Entertaining. Huge Primary Bedroom W/5Pcs Bath/2 Walk-In Closets Enjoy The Hotel Style Life. Access To The Large Lake View Balcony From Living Room And Primary Room. Keyless Entry. Elevator Close To Wider Parking Spot. Hotel Like Amenities: 24 Hrs. Concierge, Gym, Saunas, Theatre Room, Outdoor Pool & Terrace. Ferry Boat To Island, St. Lawrence Market, Distillery District, Sugar Beach, Financial District. Easy Access To Gardiner Expwy & Lakeshore.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-29 | 2024-08-31 | 155 | $1,749,000 | - | Expired |
Extras
S/S Miele Dishwasher, Oven, Gas Cooktop, Range Hood & Integrated Fridge, Washer And Dryer, Elfs, Window Coverings. One Parking & One Locker.
Property Features
Beach, Lake/Pond, Marina, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$7,662 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P4)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 10.99' x 25.79' | Hardwood Floor, Combined W/Dining, W/O To Balcony |
| Dining | Ground | 10.99' x 25.79' | Hardwood Floor, Combined W/Living, Combined W/Kitchen |
| Kitchen | Ground | 10.01' x 11.48' | Hardwood Floor, Combined W/Dining, Centre Island |
| Prim Bdrm | Ground | 10.99' x 12.99' | Hardwood Floor, W/O To Balcony, 5 Pc Ensuite |
| 2nd Br | Ground | 10.99' x 11.98' | Hardwood Floor, W/O To Balcony, 3 Pc Ensuite |
| Den | Ground | 7.05' x 8.01' | Hardwood Floor, Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
118 Merchants' Wharf 305 is a 2-bedroom 3-bathroom condo listed for sale at $1,699,000, which is $926,032 (119.8%) higher than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.Inventory Change
There were 1,343 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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