15 Merchants Wharf 1236
Waterfront Communities C8, Downtown Toronto, M5A 0N8
FOR SALE
$809,000
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Property Description
Visit REALTOR website for additional information. Discover waterfront living at its finest in this elegant 1+1 condo located in the heart of Torontos waterfront community. Offering modern luxury, breathtaking views, and exceptional amenities, this unit is perfect for professionals, couples, or investors. 1 bedroom + versatile den, ideal for a home office or guest space. High ceilings & plenty of natural light. Parking & Locker Included. Stunning Water & City Views, enjoy panoramic vistas from your private balcony. Steps from the lake, parks, and the Harbour front boardwalk. Close to Union Station, the Gardiner Expressway, and TTC routes. Surrounded by restaurants, cafes, and cultural landmarks like Sugar Beach and the Distillery District. Enjoy the perfect balance of tranquility and urban convenience at 15 Merchants' Wharf. This is your opportunity to live in one of Torontos most exciting waterfront neighborhoods!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$4,020 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (#18/P2)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 25.39' x 10.01' | Combined W/Kitchen |
Den | Main | 8.60' x 6.00' | |
Prim Bdrm | Main | 10.99' x 10.01' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
15 Merchants Wharf 1236 is a 1-bedroom 1-bathroom condo listed for sale at $809,000, which is $251,890 (45.2%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Pg Direct Realty Ltd.
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