$1,548,888 - 155 Merchants' Wharf Avenue Unit 701, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 2 days ago- MLS Number
- C13415932
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Aqualuna at Bayside - Tridel's Signature Waterfront ResidenceDiscover an extraordinary opportunity at Aqualuna at Bayside, Tridel's celebrated waterfront address on Lake Ontario. This exceptional 2-bedroom + den, 3-bathroom residence offers 1,367 sq. ft. of refined living space, thoughtfully designed to capture the beauty and calm of the waterfront.Soaring 11-foot ceilings create a remarkable sense of volume and elegance, while expansive floor-to-ceiling windows invite natural light into every room and beautifully frame the lake views. A private 100 sq. ft. balcony - uniquely accessible from both bedrooms and the hallway - extends the living space outdoors, ideal for tranquil mornings, evening sunsets, or effortless entertaining.Every detail reflects quality and thoughtful design. Highlights include a fully integrated Miele kitchen, smart home technology, and over $30,000 in premium upgrades selected for both style and function. A spacious den offers versatility as a home office, library, or guest space, while refined finishes and generous storage enhance everyday comfort. An EV-ready parking space supports a modern, eco-conscious lifestyle.Perfectly positioned along Toronto's vibrant waterfront, the residence is steps from Sugar Beach, the scenic boardwalk, and the historic Distillery District. The CN Tower, Scotiabank Arena, and Rogers Centre are minutes away, while Loblaws and LCBO are conveniently close. Commuters enjoy easy access to the Gardiner, DVP, and Union Station.Residents of Aqualuna enjoy resort-inspired amenities, including an outdoor pool overlooking the lake, fully equipped fitness and yoga studios, sauna, media and billiards lounges, and elegant social spaces designed for relaxation and entertaining.Whether as a sophisticated home or a distinguished investment, this Aqualuna suite delivers on every front. Schedule your private viewing today.
Estimate your monthly payments for this property
Estimated Payment
$6,851.25/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Regent Park / Cabbagetown / St. James Town
Regent Park / Cabbagetown / St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Regent Park / Cabbagetown / St. James Town
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Regent Park / Cabbagetown / St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
155 Merchants' Wharf Avenue Unit 701, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1291/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.