55 Merchants' Wharf PH22
Waterfront Communities C8, Downtown Toronto, M5A 0P2
FOR SALE
$4,800,000
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Property Description
Experience Elevated Living at Aqualina Penthouse! Discover the pinnacle of luxury in downtown Toronto's most coveted lakefront community. This expansive, never-lived in penthouse boasts breathtaking panoramic views of Lake Ontario and the vibrant city skyline through floor-to-ceiling windows that flood every room with natural light. With over 3000 square feet, this spacious penthouse is a blank canvas awaiting your personal touch. Imagine entertaining on your private rooftop terrace, fully equipped with an outdoor kitchen, perfect for sunset dinners and gatherings. From morning coffee to evening cocktails, the stunning lake views set the stage for an unparalleled urban retreat. This is not just a home, but a lifestyle - an exclusive opportunity to design your sanctuary in one of the city's most prestigious residences. Schedule a private viewing today to experience the grand scale and beauty of Aqualina Penthouse 22 firsthand.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-11-09 | 2022-04-30 | 173 | $5,980,000 | - | Expired |
| 2019-05-24 | 2019-10-31 | 162 | $6,280,000 | - | Expired |
Extras
FOUR! parking spots, TWO lockers, roof top panoramic views, outdoor kitchen, built-in European appliances, washer dryer
Property Features
Marina, Park, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
3000-3249
Taxes
$22,154 (2023)
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
4
Parking 1
Owned (B)
Parking 2
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 23.52' x 30.22' | Window Flr to Ceil, Balcony, Overlook Water |
| Dining | Main | 23.52' x 30.22' | Combined W/Living, Window Flr to Ceil |
| Kitchen | Main | 11.88' x 16.37' | B/I Appliances, Quartz Counter |
| Laundry | Main | 6.23' x 10.40' | |
| Prim Bdrm | Flat | 17.49' x 23.20' | 6 Pc Ensuite, W/I Closet |
| 2nd Br | Main | 12.83' x 16.57' | South View |
| 3rd Br | Main | 10.50' x 15.85' | 3 Pc Ensuite |
| Other | Upper | 11.48' x 23.33' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Merchants' Wharf PH22 is a 3-bedroom 3-bathroom condo listed for sale at $4,800,000, which is $4,005,579 (504.2%) higher than the average sold price of $794,421 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto declined by $153,874 (16.2%) compared to the previous 30 day period (July 17 - August 15) and down $173,368 (17.9%) from the same time one year ago.Inventory Change
There were 267 3-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 36.9% compared with the previous 30 day period (July 17 - August 15) and up 42.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($16,446) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $10,134 increase compared to the previous 30 day period (July 17 - August 15) and ($32,931) more 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 3-bedroom condos in Downtown Toronto over the last 30 days (August 16 - September 14) stood at 30.0%, down from 33.8% over the previous 30 days (July 17 - August 15) and down from 41.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Peak Prime Realty Inc.
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