55 Merchants' Wharf 1120
Waterfront Communities C8, Downtown Toronto, M5A 0P2
FOR SALE
$1,725,500
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BEDROOMS3
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Property Description
Aqualina "The Cube" Privacy & Prestige: 4 Units Per Floor! 1350 square foot, spacious 2 bedroom, 2.5 bathroom luxury corner unit on Harbourfront. The master bedroom features a walk-in closet and a spacious ensuite bathroom with double sinks, bathtub and separate shower. The second bedroom has two closets and the ensuite with A walk-in shower. Floor-to-ceiling windows in the living area showcase stunning, unobstructed lake views. The open concept living room, dining room and kitchen is ideal for entertaining guests. The spacious, ultra-modern kitchen includes a built-in three-door fridge, dishwasher, ceramic cooktop with overhead fan, stacked oven & microwave, and a built-in wine fridge. Automatic Blinds are installed throughout the suite. Building amenities are spectacular: Rooftop infinity pool and hot tub, bookable private BBQ areas, a theatre, large exercise room, party room, library, Concierge And 24/7 Security.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-14 | 2023-09-27 | 13 | $1,850,000 | - | Terminated |
Extras
Water & Harbourfront Broadwalk, right beside the future Movenpick grocery store! Step From TTC, George Brown Healthcare campus. Short walk to : the Distillery District, St. Lawrence Market, Union Station, Loblaws, Queen's Quay Terminal etc
Property Features
Lake/Pond, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$8,029 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Merchants' Wharf 1120 is a 2-bedroom 3-bathroom condo listed for sale at $1,725,500, which is $955,461 (124.1%) higher than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% 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 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Golden House Realty Inc.
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