304-155 Merchants Wharf
Waterfront Communities C8, Toronto, Ontario M5A 0Y4
- Bedrooms
- 3+1
- Bathrooms
- 3
- Size
- 2,000–2,249sq ft
- Per sq ft
- $1,600at the range’s middle
- Tax a year
- $13,3902026 tax year
- Built
- 0-5
- Parking
- 22 underground
- Days on market
- Members
The brief
About 304-155 Merchants Wharf
304-155 Merchants Wharf is a 3+1-bedroom, 3-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $3,399,000 (MLS® C13689956).
Rarely offered, this spectacular two-storey waterfront residence combines the space & privacy of a luxury home with the ease of condominium living. Extensively upgraded and thoughtfully redesigned from its original floor plan, it offers approximately 2,066 sq. ft. of interior living space plus 680 sq. ft. across two private terraces-nearly 2,750 sq. ft. of combined indoor & outdoor living. The expansive main level is designed for entertaining, with generous living & dining areas featuring herringbone hardwood flooring & a sleek electric fireplace. The space opens directly onto an exceptional private terrace with ample room for outdoor dining, lounging & hosting. At the heart of the home is a dramatic showpiece kitchen anchored by an oversized waterfall stone island. Richly veined stone countertops and a full-height backsplash are complemented by custom two-tone cabinetry & a premium suite of Miele appliances. The original floor plan was intelligently reimagined to create a true three-bedroom, three-bathroom residence. A third bedroom was added with a contemporary glass wall & doors, a dedicated closet, & a newly created private three-piece bathroom with a shower, replacing the original powder-room configuration & adding flexibility for family, guests or a private workspace. Heated bathroom floors bring an additional level of comfort throughout. Upstairs, former closet space was expanded & transformed into a dedicated den or home office, while hardwood flooring was extended throughout the level. The spacious primary suite features a walk-in closet, a luxurious ensuite and direct access to its own private upper terrace-a peaceful retreat separate from the expansive entertaining terrace below. Part of AquaLuna's exclusive Terrace Collection, this sophisticated, house-like residence is distinguished by its two-storey design, exceptional outdoor living & thoughtfully customized interior. One Locker & Two premium parking spaces near the elevator are included.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$14,379/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 44 condos with 4 bedrooms for lease in Toronto 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
- $13,390 / 2026
- MLS® number
- C13689956
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 2000-2249 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 2-Storey
- Community
- Waterfront Communities C8
- Municipality
- Toronto
Building
- Size
- 2000-2249 sqft
- Building Age
- 0-5
- Construction
- Stone
Inside
- Bedrooms
- 3+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 3pc Main, 1 × 3pc 2nd, 1 × 5pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Designed by internationally acclaimed 3XN, AquaLuna is the fourth and final Tridel/Hines residence within the award-winning Bayside community and one of Toronto's most architecturally distinctive waterfront addresses. Residents enjoy 24-hour concierge, an outdoor pool and landscaped terrace, fitness centre, sauna, guest suites, party and meeting spaces, visitor parking and more. Step outside to the Water's Edge Promenade, Sugar Beach, and the waterfront trail system. St. Lawrence Market, the Distillery District, Financial District, Union Station and Billy Bishop Airport are all within easy reach. To the east, Toronto's extraordinary waterfront transformation continues to unfold, bringing extensive new parkland, trails, bridges and public spaces to this evolving waterfront neighbourhood. Included with the suite are Miele Appliances, closet organizers, window treatments, ceiling light fixtures, fireplace.
- Condo maint.
- $1,656
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.94 × 6.88 m | hardwood floor, Electric Fireplace, W/O To Terrace | Main |
| Dining | 6.94 × 6.88 m | Combined W/Living, W/O To Terrace, hardwood floor | Main |
| Kitchen | 4.63 × 3.32 m | Modern Kitchen, B/I Appliances, Centre Island | Main |
| 3rd Br | 3.23 × 2.32 m | hardwood floor, Glass Doors, Large Closet | Main |
| Primary | 4.45 × 3.66 m | 5 Pc Ensuite, W/I Closet, W/O To Terrace | 2nd |
| 2nd Br | 3.2 × 3.2 m | 3 Pc Bath, Closet, W/O To Terrace | 2nd |
| Den | 1.6 × 3.66 m | Hardwood Floor | 2nd |
Listing history
Buy/sell history for 304-155 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 | $3,399,000 | N/A | For Sale | C13689956 |
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
- $679,800
- Total mortgage amount
- $2,719,200
- Total interest payment
- $1,932,900
- Total purchase cost
- $5,331,900
- Mortgage payment
- $15,507/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
94%Monthly carrying cost
$18,279- Rent $3,900
- Shortfall $14,379
Rental income opens at $3,900, the median asking rent of 44 comparable homes for lease in Toronto. 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
- $71,450
- Toronto municipal land transfer tax
- $75,440
- Total land transfer tax
- $146,890
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $138,415
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 $3,399,000
- $34,975
- Ontario total
- $71,450
Toronto’s municipal tax has its own higher brackets at this price, so it adds $75,440.
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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m222 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.7 m below ground nearbyThe middle water level in the well records within 500 m (955 records). It changes with the season and from spot to spot.500 m
- Bedrock about 8.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 32 building permits issued within 250 m in the last 2 years250 m
- 13 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 2.7 km2.7 km
- Mapped parcel: about 43,580 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 200 m200 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- 1 recorded oil, gas or salt well within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Redpath Sugar Ltd — Toronto Refinery, 880 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 150 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (150 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.150 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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
3 building permits cleared at this address in the City’s file.
Building Permit Related(PS)Permit Issued
Plumbing - Proposed interior alteration (tenant fit-out) to the ground floor retail unit including associated mechanical, electrical, and plumbing alterations, in a mixed use high rise building.
Issued October 7, 2026
Interior AlterationsPermit Issued
Proposed interior alteration (tenant fit-out) to the ground floor retail unit including associated mechanical, electrical, and plumbing alterations, in a mixed use high rise building.
Issued October 7, 2026
Building Permit Related(MS)Permit Issued
HVAC - Proposed interior alteration (tenant fit-out) to the ground floor retail unit including associated mechanical, electrical, and plumbing alterations, in a mixed use high rise building.
Issued October 7, 2026
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.
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
- 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 477% 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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Sold prices in Waterfront Communities C8 are shown to signed-in members.