118 Merchants' Wharf S 608
Waterfront Communities C8, Downtown Toronto, M5A 0L3
FOR SALE
$2,550,000
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BEDROOMS3
BATHROOMS1
KITCHENS5
ROOMSC8330588
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Property Description
Tridel present the 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 Like 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. Property tax is not yet assessed.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-18 | 2024-05-10 | 113 | $2,580,000 | - | Terminated |
Extras
S/S Dishwasher, Oven, Gas Cooktop, Range Hood & Integrated Fridge, Washer And Dryer.
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1200-1399
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 | 42.65' x 40.68' | Hardwood Floor, Combined W/Dining, W/O To Balcony |
| Dining | Ground | 42.65' x 40.68' | Hardwood Floor, Combined W/Living, Combined W/Kitchen |
| Prim Bdrm | Ground | 41.99' x 45.93' | Hardwood Floor, W/O To Balcony, 5 Pc Ensuite |
| 2nd Br | Ground | 36.09' x 36.09' | Hardwood Floor, W/O To Balcony, 3 Pc Ensuite |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
118 Merchants' Wharf S 608 is a 2-bedroom 3-bathroom condo listed for sale at $2,550,000, which is $1,706,898 (202.5%) higher than the average sold price of $843,102 in the last 30 days (May 26 - June 24). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $8,204 (1.0%) compared to the previous 30 day period (April 26 - May 25) and up $7,966 (1.0%) from the same time one year ago.Inventory Change
There were 1,558 2-bedroom condos listed in Downtown Toronto over the last 30 days (May 26 - June 24), which is down 0.8% compared with the previous 30 day period (April 26 - May 25) and up 15.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,686) (1.9%) below asking price over the last 30 days (May 26 - June 24), which represents a $759 increase compared to the previous 30 day period (April 26 - May 25) and ($2,425) 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 (May 26 - June 24) stood at 35.4%, down from 36.8% over the previous 30 days (April 26 - May 25) and down from 58.7% 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 24 days when successfully sold over the last 30 days (May 26 - June 24), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Atrium Home Realty
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