$1,988,000 - 155 Merchants Wharf N/A Unit 1331, Cabbagetown
Condo for Sale in Cabbagetown
42 days on market- MLS Number
- C13083294
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- PROPERTY.CA INC.
Welcome to Aqualuna, the Pinnacle of luxurious waterfront living. Designed by renowned Danish architects 3XN, Aqualuna's curved balconies, sweeping terraces, and striking architecture create an unmistakable presence across the downtown skyline. This Breathtaking suite offers nearly 1,500 sq. ft. of interior space, paired with a 455 sq. ft. private terrace with a gas connection for BBQ. Outstanding luxury with Soaring smooth ceilings, wide rich-wood plank floors, and luxury Miele appliances with a large island. The spacious split-bedroom layout ensures privacy, with both bedrooms featuring their own ensuites (heated floors in primary), large walk-in closets and private balconies. For your convenience an EV parking spot (can fit a truck) and Locker is included. Aqualuna offers first-class amenities: a state-of-the-art fitness centre, yoga/stretch studio, outdoor pool, rooftop patio, entertainment and games rooms, steam rooms, and guest suites. Thousands spent on Upgrades in this beautiful unit. Dynamic north city views with exceptional nighttime skyline ambience. East Bayfront Community Recreation Centre with basketball, pickleball, table tennis, running track and much more...Lake Ontario, Sugar Beach, Distillery District, St. Lawrence Market, LCBO, Loblaws, and Queens Quay, with easy access to the DVP and PATH. Leed Platinum Certification to keep maintenance fees lower. Condo Fee Includes Internet.
Estimate your monthly payments for this property
Estimated Payment
$8,793.59/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 1331, 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 $1420/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.
Market Position
At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $8,283 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.