118 Merchants' Wharf S 608

FOR SALE
$2,399,000
118 Merchants' Wharf  S 608, Downtown Toronto
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
118 Merchants' Wharf  S 608
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
5
ROOMS
C12006179
MLSID
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Property Description
Proudly present Tridel Luxury condo at the heart of downtown lakeside. Incredible South Views Of Lake & Islands. Large Balcony and Open Space.2 Bed, 3 Baths. Stunning Hardwood Floors Throughout. Designer Kitchen with modern Island and Perfect For Entertaining. Huge Primary Bedroom W/Spa Ensuite like enjoy the hotel style life. 2 Large Balconies Overlooking Boardwalk & Water, barely used. Keyless Entry. Hotel Like Amenities: 24 Hr. Concierge, Gym, Saunas, Theatre Room, Outdoor Pool & Terrace. Ferry Boat To Toronto Island, St. Lawrence Market, Distillery District, Sugar Beach, Financial District...It Is so much more to boost Your Lakefront Experience. Staging Photos are not real staging.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-15 2024-07-30 15 $2,490,000 - Terminated
2024-05-11 2024-07-14 64 $2,550,000 - Terminated
2024-01-18 2024-05-10 113 $2,580,000 - Terminated
Property Details
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$9,456 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P4)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingGround42.65' x 40.68'Hardwood Floor, Combined W/Dining, W/O To Balcony
DiningGround42.65' x 40.68'Hardwood Floor, Combined W/Living, Combined W/Kitchen
KitchenGround42.65' x 40.68'Hardwood Floor, Combined W/Dining, B/I Fridge
Prim BdrmGround41.99' x 45.93'Hardwood Floor, W/O To Balcony, 5 Pc Ensuite
2nd BrGround36.09' x 36.09'Hardwood Floor, W/O To Balcony, 3 Pc Ensuite
BathroomGround32.81' x 36.09'3 Pc Bath
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
118 Merchants' Wharf S 608 is a 2-bedroom 3-bathroom condo listed for sale at $2,399,000, which is $1,642,399 (217.1%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% 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 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Atrium Home Realty
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