55 Merchants' Wharf PH22

FOR SALE
$4,800,000
55 Merchants' Wharf PH22, Downtown Toronto
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
55 Merchants' Wharf PH22
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3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
C9304239
MLSID
Contact Us
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.
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
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain23.52' x 30.22'Window Flr to Ceil, Balcony, Overlook Water
DiningMain23.52' x 30.22'Combined W/Living, Window Flr to Ceil
KitchenMain11.88' x 16.37'B/I Appliances, Quartz Counter
LaundryMain6.23' x 10.40'
Prim BdrmFlat17.49' x 23.20'6 Pc Ensuite, W/I Closet
2nd BrMain12.83' x 16.57'South View
3rd BrMain10.50' x 15.85'3 Pc Ensuite
OtherUpper11.48' x 23.33'
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 $3,921,156 (446.2%) higher than the average sold price of $878,844 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $3,928 (0.4%) compared to the previous 30 day period (November 19 - December 18) and down $48,028 (5.2%) from the same time one year ago.
Inventory Change
There were 147 3-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 6.5% compared with the previous 30 day period (November 19 - December 18) and up 38.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($34,368) (3.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $7,202 decrease compared to the previous 30 day period (November 19 - December 18) and ($37,120) 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 (December 19 - January 17) stood at 40.8%, up from 39.1% over the previous 30 days (November 19 - December 18) and down from 49.1% 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 44 days when successfully sold over the last 30 days (December 19 - January 17), compared to 77 days before being removed from the market upon being suspended or terminated.
Listing contracted with Peak Prime Realty Inc.
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