$3,599,000 - 155 Merchants' Wharf N/A Unit 1122, Cabbagetown
Condo for Sale in Cabbagetown
108 days on market- MLS Number
- C12803802
- Property Type
- Condo
- Status
- active
- Days on Site
- 108
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,250 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to luxury waterfront living at Tridel's Aqualuna, located in Toronto's vibrant East Bayside district. This exceptional brand-new 2-bedroom + enclosed den residence offers 2,433 sq. ft. of upgraded living space, featuring premium finishes and breathtaking south-facing views of the lake, gardens, and pool.Designed for both comfort and elevated entertaining, the suite showcases floor-to-ceiling windows, a spacious open layout, and a gourmet kitchen equipped with integrated appliances, an upgraded Miele induction cooktop with touch controls, natural stone countertops, custom cabinetry, a built-in wine cellar, and an enlarged double-waterfall island. Both bedrooms include private ensuites with heated floors and upgraded natural stone countertops, while the double-door enclosed den provides an ideal office or guest room. The luxurious primary retreat features his-and-hers walk-in closets, a spa-inspired ensuite, and direct access to a serene lake-view terrace, complemented by a second private balcony off the 2nd bedroom. Additional conveniences include a full-size laundry room with sink and ample cabinetry, along with an EV-ready parking space.Resort-style amenities include a lakeside outdoor pool, fitness and yoga studios, sauna, media and party lounges, and 24/7 concierge service. Just steps from Sugar Beach, the Martin Goodman Trail, the waterfront promenade, and some of the city's best dining and cultural destinations, this home offers an unmatched blend of tranquility, sophistication, and urban convenience.
Estimate your monthly payments for this property
Estimated Payment
$15,919.59/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 N/A Unit 1122, 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 $1600/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.
Negotiation Opportunity
At 108 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 $14,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.