1107-155 Merchant's Wharf
Waterfront Communities C8, Toronto, Ontario M5A 0Y4
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 2,000–2,249sq ft
- Per sq ft
- $1,504at the range’s middle
- Tax a year
- $14,4842026 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1107-155 Merchant's Wharf
1107-155 Merchant's Wharf is a 3-bedroom, 3-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $3,195,000 (MLS® C14153176).
A walk by the lake before breakfast. Friends around the table that evening. Room for everyone to stay. Suite 1107 at Aqualuna offers 2,206 sq. ft., three bedrooms and three bathrooms in a building whose sculptural balconies echo Lake Ontario's waves. Three private balconies provide 470 sq. ft. outdoors, with a Juliet balcony adding another connection to the waterfront setting. Inside, herringbone hardwood and custom walnut veneer paneling bring warmth to the living and dining spaces. A fireplace finished in polished Dolce Vita quartzite anchors the living room, while smooth nine-foot ceilings, motorized sheer drapery and concealed accent lighting create an inviting atmosphere. The kitchen pairs warm wood cabinetry with a generous island, added pantry storage, and premium Miele appliances. The primary suite offers a five-piece ensuite with a freestanding tub, separate glass shower and double sinks. Two additional three-piece bathrooms keep family and guests comfortable. One underground parking space and a separate underground storage locker make everyday living that much easier. Pick up something fresh for dinner at St. Lawrence Market, meet friends in the Distillery District or take the long way home along the waterfront promenade. Cycle the Martin Goodman Trail, spend an afternoon at Sugar Beach or enjoy the green space at nearby Aitken Place Park. At home, Aqualuna's outdoor pool, fitness studio and entertaining spaces give you more ways to spend the day. Room to keep the traditions you love, with a whole new waterfront routine to discover.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$13,366/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 26 condos with 3 bedrooms for lease in Waterfront Communities C8 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $14,484 / 2026
- MLS® number
- C14153176
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 2000-2249 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Community
- Waterfront Communities C8
- Municipality
- Toronto
Building
- Size
- 2000-2249 sqft
- Building Age
- 0-5
- Construction
- Other
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 5pc Flat, 2 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Miele gas cook top, refrigerator, oven, speed oven, dishwasher, wine fridge. Whirlpool clothes washer and clothes dryer. Closet organizers. Upgraded lighting. Motorized blinds.
- Condo maint.
- $1,682
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.79 × 9.5 m | Combined W/Dining, hardwood floor, W/O To Balcony | Flat |
| Dining | 5.79 × 9.5 m | Combined W/Living, hardwood floor, W/O To Balcony | Flat |
| Kitchen | 5.79 × 2.03 m | hardwood floor, Pantry, B/I Appliances | Flat |
| Primary | 3.81 × 5.69 m | 5 Pc Ensuite, W/I Closet, W/O To Balcony | Flat |
| 2nd Br | 3.05 × 4.06 m | 3 Pc Ensuite, W/I Closet, Juliette Balcony | Flat |
| 3rd Br | 3.25 × 3.4 m | Closet, hardwood floor, W/O To Balcony | Flat |
Listing history
Buy/sell history for 1107-155 Merchant's Wharf, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $3,195,000 | N/A | For Sale | C14153176 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $639,000
- Total mortgage amount
- $2,556,000
- Total interest payment
- $1,817,100
- Total purchase cost
- $5,012,100
- Mortgage payment
- $14,577/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
93%Monthly carrying cost
$17,466- Rent $4,100
- Shortfall $13,366
Rental income opens at $4,100, the median asking rent of 26 comparable homes for lease in Waterfront Communities C8. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $66,350
- Toronto municipal land transfer tax
- $68,300
- Total land transfer tax
- $134,650
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $126,175
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $3,195,000
- $29,875
- Ontario total
- $66,350
Toronto’s municipal tax has its own higher brackets at this price, so it adds $68,300.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
11 SMALL STOfficial plan or zoning amendmentUnder Review
Proposed Official Plan and Zoning By-law Amendments for Quayside Master Plan Blocks 3b, 4 and 5. The proposal for Blocks 3b, 4 and 5 includes two residential towers and one mid-rise building, collectively accommodating 8,988 square metres of non-residential Gross Floor Area (GFA) and 119,581 square metres of residential GFA. The residential component includes 1,475 condo units and 407 affordable units. The buildings will flank a portion of a 14,350 square metre east-west "Community Forest" which is continuous through the centre of the broader development. The mid-rise building on Block 3B will also support portion of a rooftop urban farm, which extends the length of the mid-rise buildings on Blocks 1, 2 and 3b connected by a suspended pedestrian bridge across Small Street. An application is required to amend the City of Toronto Official Plan to permit additional height and density and an application to amend the former City of Toronto Zoning By-law 438-86, as amended by OMB-approved By-law 1174-2010, is required to permit additional height and density, amend the permitted uses, update zoning maps and revise certain zoning standards to permit the proposed development. This application forms part of the broader Quayside Master Plan, which is comprised of seven mixed use buildings on four development blocks and public realm improvements on the interior and perimiter of the site. The development includes 321,760 square metres of GFA allotted as 22,562 square metres of commercial, retail, institutional and other non-residential uses and 299,209 square metres of residential uses supporting 4,634 condo units and 869 affordable housing units. Public realm and infrastructure works to be delivered by Waterfront Toronto include the Queens Quay East extension, plazas at Parliament Street and Queens Quay East, an extended Water's Edge Promenade and a 0.4 hectare park.
80 m away307 LAKE SHORE BLVD EOfficial plan or zoning amendmentOMB Appeal
Application to amend the Official Plan (Central Waterfront Secondary Plan) and Zoning By-law at 307 Lake Shore Boulevard East. The proposal is for a 49-storey (155 m) residential tower containing 430 residential units with one level of non-residential potential community space on the second floor.The site is in the Central Waterfront planning area (Keating Channel West Precinct), on a development block that will be created through the planned extension of Queens Quay East and realignment of Parliament Street.
120 m away307 LAKE SHORE BLVD ESite planAppeal Received
Proposed Site Plan approval for a 49-storey (155 m) residential tower containing 430 residential units with one level of non-residential potential community space on the second floor at 307 Lake Shore Boulevard East. A related application to amend the Official Plan (Central Waterfront Secondary Plan) and Zoning By-law has been submitted.
120 m away333 LAKE SHORE BLVD EOfficial plan or zoning amendmentUnder Review
Proposed Official Plan and Zoning By-law Amendments for Quayside Master Plan Blocks 3b, 4 and 5. The proposal for Blocks 3b, 4 and 5 includes two residential towers and one mid-rise building, collectively accommodating 8,988 square metres of non-residential Gross Floor Area (GFA) and 119,581 square metres of residential GFA. The residential component includes 1,475 condo units and 407 affordable units. The buildings will flank a portion of a 14,350 square metre east-west "Community Forest" which is continuous through the centre of the broader development. The mid-rise building on Block 3B will also support portion of a rooftop urban farm, which extends the length of the mid-rise buildings on Blocks 1, 2 and 3b connected by a suspended pedestrian bridge across Small Street. An application is required to amend the City of Toronto Official Plan to permit additional height and density and an application to amend the former City of Toronto Zoning By-law 438-86, as amended by OMB-approved By-law 1174-2010, is required to permit additional height and density, amend the permitted uses, update zoning maps and revise certain zoning standards to permit the proposed development. This application forms part of the broader Quayside Master Plan, which is comprised of seven mixed use buildings on four development blocks and public realm improvements on the interior and perimiter of the site. The development includes 321,760 square metres of GFA allotted as 22,562 square metres of commercial, retail, institutional and other non-residential uses and 299,209 square metres of residential uses supporting 4,634 condo units and 869 affordable housing units. Public realm and infrastructure works to be delivered by Waterfront Toronto include the Queens Quay East extension, plazas at Parliament Street and Queens Quay East, an extended Water's Edge Promenade and a 0.4 hectare park.
190 m away333 LAKE SHORE BLVD EPlan of subdivisionUnder Review
Quayside development - Proposed Draft Plan of Subdivision to establish eight blocks, including the Queens Quay East extension, a realigned Parliament Street, three development blocks (Blocks 3, 4 and 5 of the Quayside development), two public roads, a public park (Silo Park), and the Water's Edge Promenade.
190 m away351 LAKE SHORE BLVD ESite planUnder Review
Site Plan proposal for the first phase of development for the Victory Silos Site North Block, bounded by Lake Shore Boulevard East to the north and the planned extensions of Parliament Street, Queens Quay East and Trinity Street to the west, south and east, respectively. The North Block is approximately 3,690 square metres in size and will be developed with a 41-storey mixed-use building comprised of a 11-storey podium 2 building and a 30-storey tower element located at the west end of the block. The height of the building is 130 metres, excluding the mechanical penthouse. The building has a total gross floor area of approximately 46,316 square metres, including approximately 44,975 square metres of residential gross floor area and approximately 1,341 square metres of non-residential gross floor area, which results in an overall density of 12.55 FSI. The development consists of a total of 691 units: 42 studio units, 339 1-bedroom units, 241 2-bedroom units and 69 3-bedroom units. A total of 227 automobile parking spaces (165 spaces for residents, 44 spaces for visitors and 18 spaces for retail uses) and a total of 704 bicycle parking spaces (633 long-terms spaces and 71 short-term spaces) are provided in the building, as well as a Type G loading space and a Type C loading space. Approximately 804 square metres of interior amenity space and approximately 1,030 square metres of outdoor amenity space is provided. Related subdivision application: 21 233775 STE 10 SB
230 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C8 right now
- For sale now
- 191
- Median asking price
- $589K
- New in 7 days
- 25
- Price cuts
- 20%
Middle half: $500K to $800K
78 in 28 days
38 listings
This home is asking 443% above the median, higher than three quarters of them.
See all homes in Waterfront Communities C8Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| King Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.5 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.6 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.9 km |
| TMU Station | TTC subway: Line 1 Yonge-University | 2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 500 m | 78%Grade 6 average |
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 700 m | 65%Grade 6 average |
| St Paul Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1 km | 72%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.4 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 850 m | — |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.7 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.2 km | 86%Grade 9 math |
| St Martin Catholic School (St.Martin)Toronto CDSB | Catholic · grades 9–12 | 2.4 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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