712-15 Merchants Wharf
Waterfront Communities C8, Toronto, Ontario M5A 0N8
- Bedrooms
- 1
- Bathrooms
- 2
- Size
- 600–699sq ft
- Per sq ft
- $1,047at the range’s middle
- Tax a year
- $3,4762025 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About 712-15 Merchants Wharf
712-15 Merchants Wharf is a 1-bedroom, 2-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $679,990 (MLS® C14028982).
Experience sophisticated waterfront living at the prestigious Aqualina by Tridel, where modern elegance meets Toronto's vibrant lakeside lifestyle. Beautifully maintained and freshly painted, this stunning one-bedroom residence offers approximately 550-600 sq. ft. (as per MPAC), featuring 9-foot ceilings, abundant natural light and a stylish open-concept layout. Thoughtfully designed with one full bathroom and a convenient powder room, offering comfort and functionality. A rare highlight of this home is the approximately 400 sq. ft. private terrace/ balcony with scenic water views, an exceptional outdoor oasis perfect for alfresco dining, entertaining or unwinding, with picturesque glimpses of the sparkling waterfront from one corner. Enjoy resort-style amenities, including a lap pool, fitness centre, 24-hour concierge and elegant entertaining spaces. Steps from Sugar Beach, the historic Distillery District, Harbourfront, trendy cafés, restaurants and everyday conveniences. The exciting Quayside waterfront revitalization, formerly envisioned as Google's Sidewalk Labs smart-city project, adds to the neighbourhood's evolving appeal. Easy access to the DVP and Gardiner Expressway. Some photographs are virtually staged to showcase the home's potential. A rare opportunity to enjoy luxurious urban living with extraordinary private outdoor space in Toronto's sought-after waterfront community!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall19/100−$1,598/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 44 condos with 1 bedroom 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
- $3,476 / 2025
- MLS® number
- C14028982
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C8
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc, 1 × 2pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless steel refrigerator, built-in cooktop, built-in oven, dishwasher, built-in microwave (if present), washer and dryer, existing electrical light fixtures, existing window coverings.
- Condo maint.
- $530
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.96 × 6.1 m | Laminate, W/O To Balcony | Flat |
| Dining | 3.96 × 6.1 m | Laminate, Combined W/Living | Flat |
| Kitchen | 3.96 × 6.1 m | Laminate, Open Concept, Combined W/Dining | Flat |
| Primary | 3.0 × 3.35 m | Laminate, Large Closet, Ensuite Bath | Flat |
| Den | — | Laminate | — |
Listing history
Buy/sell history for 712-15 Merchants 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 | $679,990 | N/A | For Sale | C14028982 |
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
- $135,998
- Total mortgage amount
- $543,992
- Total interest payment
- $386,908
- Total purchase cost
- $1,066,898
- Mortgage payment
- $3,103/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
61%Monthly carrying cost
$3,923- Rent $2,325
- Shortfall $1,598
Rental income opens at $2,325, the median asking rent of 44 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
- $10,075
- Toronto municipal land transfer tax
- $10,075
- Total land transfer tax
- $20,150
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $11,675
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 $679,990
- $5,600
- Ontario total
- $10,075
Toronto’s municipal tax uses the same brackets at this price, so it adds another $10,075.
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 Kassaundra Dobson, Broker of Record 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
24 building permits cleared at this address in the City’s file.
Other(BA)Permit Issued
Proposed removal and replacement of two (2) overhead folding doors with a combination of fixed curtain wlal glazing, swing doors and roll-up doors.
Issued February 6, 2024
Building Permit Related(PS)Closed
Rev01:Revised plumbing, drainage, toilet specs and wall types at all WCs and BOH(back of house kitchen)+ Plan Change WCPlumbing - Proposal for interior alterations for a new restaurant, greater than 30 seats and an outdoor patio - UNITS 11 & 12, "Simona", Auqualina at Bayside
Issued June 7, 2023
Interior AlterationsClosed
Rev 01: Revised plumbing, drainage, toilet specs and wall types at all WCs and BOH(back of house kitchen)+ Plan Change WCProposal for interior alterations for a new restaurant, greater than 30 seats and an outdoor patio - UNITS 11 & 12, "Simona", Auqualina at Bayside
Issued May 12, 2023
Building Permit Related(MS)Closed
HVAC - includes a kitchen exhaustProposal for interior alterations for a new restaurant, greater than 30 seats and an outdoor patio - UNITS 11 & 12, "Simona", Auqualina at Bayside
Issued February 21, 2023
Interior AlterationsClosed
Proposal for interior alterations for a Gong Cha Bubble Tea -takeout only.
Issued February 7, 2022
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations for a Gong Cha Bubble Tea -takeout only.
Issued February 7, 2022
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations for a Gong Cha Bubble Tea -takeout only.
Issued February 7, 2022
Sign Building Permit RelatedClosed
Proposal to erect and display two signs, one illuminated wall sign and one over hanging illuminated sign.***MARVEICKS BURGER***
Issued August 23, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
180 QUEENS QUAY EOfficial plan or zoning amendmentUnder Review
Zoning By-law Amendment Application to lift the "H"" Holding Symbol that currently applies to the subject site.
130 m away180 QUEENS QUAY ESite planUnder Review
Site Plan Approval for two mixed-use buildings including three 15, 18 and 22 storey elements on 5-storey podiums with ground floor retail. The buildings are connected by a proposed mid-block Privately-Owned Publicly Accessibly Space (POPS) and shared underground parking. The proposal includes a total of 41,848 square metres of residential floor area (609 residential units) and 2306 square metres of non-residential gross floor area.
130 m away259 LAKE SHORE BLVD ESite planUnder Review
Site Plan Control application for Quayside Building 1A - "The Western Curve"Proposed 68-storey (222.7 m) mixed-use building containing 910 residential units and 9035 sqm of institutional space for use by an educational institution. The proposal includes 752 market condominium units and 158 affordable rental units.Ground floor and below-grade plans are found in the related application no. 2023 167822 STE 10 SA.
160 m away259 LAKE SHORE BLVD ESite planUnder Review
Site Plan Control application for Quayside Building 1C Two proposed 12-storey (39 m) buildings containing a total of 397 units, all of which are affordable rental units. 886 m2 of ground-level retail and a 1877 community hub is also proposed Ground floor and below-grade plans are found in the related application no. 2023 167822 STE 10 SA.
160 m away259 LAKE SHORE BLVD ESite planUnder Review
Site Plan Control application for Quayside Building 1B - "The Overstory"Proposed 66 storey (225.50 m including mechanical penthouse), 720 unit building to be delivered as part of the Quayside project. The proposed development includes a total GFA of 51,828 square metres (m2), all of which is residential. The application includes 167 affordable housing units and a 668 square metre daycare space. Ground floor and below-grade plans are found in the related application no. 2023 167822 STE 10 SA.
160 m away259 LAKE SHORE BLVD ESite planUnder Review
"Master Site Plan Application" for Quayside Blocks 1 & 2 ground floor and below grade elements.This Master Site Plan Application addresses ground floor design and landscaping, including the community forest, as well as matters of parking, access and loading across Blocks 1 and 2.
160 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
- 190
- Median asking price
- $589K
- New in 7 days
- 24
- Price cuts
- 19%
Middle half: $500K to $800K
77 in 28 days
37 listings
This home is asking 15% above the median.
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 | 1.2 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.2 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.7 km |
| TMU Station | TTC subway: Line 1 Yonge-University | 1.8 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 | 550 m | 65%Grade 6 average |
| St Paul Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.2 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 | 1.1 km | — |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.6 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.2 km | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · 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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