118 Merchants' Wharf 706

FOR SALE
$3,350,000
118 Merchants' Wharf 706, Downtown Toronto
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
118 Merchants' Wharf 706
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
C9358676
MLSID
Contact Us
Property Description
Welcome to Unit 706 at the Aquabella by Tridel - this beautiful condo oasis with breathtaking views over Lake Ontario is complemented by meticulously curated and upgraded finishes that define luxury living by the waterfront. This south-west facing suite has two bedrooms plus a den, with three bathrooms, and spans approx. 2190 sqft of open concept living space plus three separate balconies. The kitchen boasts integrated Miele appliances with an upgraded extended kitchen island with premium gas stove and wine fridge. Other improvements to the unit include: an upgraded laundry room with cabinetry and backsplash, custom closets by Design throughout, flat panel high-gloss white perimeter kitchen cabinets, remote controlled electronic blinds in each room, and electrical outlet locations, heated floors in all bathrooms, upgraded 8" flooring throughout, upgraded Miele oven & Miele microwave, and main ensuite tub faucet. Amazing hotel-like amenities, which include: 24 hr. concierge, gym - located on p1, saunas, theatre room, party room located on floor 7, outdoor pool & terrace - also located on floor 7, steps away from the front door.
Extras
Aquabella is seconds away from the Waterfront Innovation Centre, Sugar Beach, Ferry to Toronto Island, Distillery District, Scotiabank Arena, Rogers Centre, and Downtown Core. Soon-to-enjoy Villiers Island & Marche Leo's grocer next door!
Property Features
Beach, Clear View, Electric Car Charger, Lake/Pond, Park, Waterfront
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
2000-2249
Taxes
$17,253 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Level B)
Parking 2
Owned (Level B)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerMain14.76' x 12.53'Mirrored Walls, 2 Pc Bath, Large Closet
LaundryMain5.77' x 8.73'Tile Floor, Laundry Sink, B/I Shelves
KitchenMain20.21' x 10.04'Hardwood Floor, B/I Appliances, Eat-In Kitchen
LivingMain22.80' x 16.63'Combined W/Dining, Large Window, South View
Prim BdrmMain13.98' x 12.80'Hardwood Floor, W/I Closet, 5 Pc Ensuite
2nd BrMain12.99' x 22.74'Hardwood Floor, W/I Closet, 3 Pc Ensuite
DenMain13.25' x 10.73'Hardwood Floor, B/I Bookcase, Pot Lights
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
118 Merchants' Wharf 706 is a 2-bedroom 3-bathroom condo listed for sale at $3,350,000, which is $2,562,938 (325.6%) 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 Harvey Kalles Real Estate Ltd.
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