$499,999
55 Merchants Wharf 620, Toronto, ON M5A 0P2
Waterfront Communities C8 · Toronto · M5A 0P2
Listing brokerage: REAL BROKER ONTARIO LTD.
- Beds
- 1
- Baths
- 1
- Sq ft
- 500–599
- Parking
- 0
Monthly costs
Maintenance
$495/mo
$0.90 per sq ft
Property taxes
$208/mo
$2,490 a year (2026)
About $703 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Common Elements
- Covered: Building Insurance
- Not covered: Heat
- Not covered: Hydro
- Not covered: Water
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- South East
- Parking
- None
- Locker
- Owned
- Balcony
- Juliette
- Laundry
- Ensuite
- Possession
- 60-90
The building
Aqualina at Bayside
55 Merchants' wharf · Waterfront Communities C8
- 2 for sale
- 1 for rent
- 14 floors
About this home
Welcome to the most affordable opportunity to own in one of Toronto's premier waterfront communities by Tridel. This move-in ready suite offers the perfect blend of lifestyle, location, and long-term value-ideal for first-time buyers, professionals, or investors looking to enter the market with confidence.Wake up to southeast views of Lake Ontario, soaring ceilings, and a thoughtfully designed layout that maximizes every square foot. The modern kitchen features sleek finishes and generous storage, while the bright living space offers the flexibility to comfortably work from home.Residents enjoy resort-style amenities comparable to a five-star hotel, including a 24-hour concierge, rooftop pool, fitness centre, yoga and spinning studios, theatre room, and library.Located along Toronto's vibrant waterfront, with cafes, restaurants, boardwalk paths, and downtown conveniences just steps away, this suite offers an exceptional chance to own in a luxury building-often for a monthly cost comparable to renting.A rare opportunity to enter the waterfront market and start building equity in one of the city's most desirable neighbourhoods.
All details23 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Size
- 500-599 sq ft
Features
- Other
Building & Amenities
- Floor
- 6
- Property management
- Del Property Management
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Features
- Underground
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
- Waterfront
- WaterfrontCommunity
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13513972
- Type
- Condo Apartment
- Transaction
- For Sale
- Neighbourhood
- Waterfront Communities C8
- Cross streets
- Queens Quay & Lower Sherbourne
Rooms · 6Living Room, Dining Room, Kitchen, Bedroom, Den, Washroom
Living Room
Flat
3.20 × 3.05 m · 10′6″ × 10′0″
Window Floor to Ceiling, Overlook Water
Dining Room
Flat
3.48 × 2.79 m · 11′5″ × 9′2″
Open Concept, Combined w/Kitchen
Kitchen
Flat
3.48 × 2.79 m · 11′5″ × 9′2″
Stainless Steel Appl
Bedroom
Flat
2.35 × 2.35 m · 7′9″ × 7′9″
Sliding Doors
Den
Flat
1.80 × 1.55 m · 5′11″ × 5′1″
B/I Desk
4-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
55 Merchants Wharf 620, Toronto, ON M5A 0P2 · Near Queens Quay & Lower Sherbourne
Monthly cost
Estimated monthly cost
$2,916/mo
- Mortgage
- $2,214
- Property tax
- $208
- Maintenance
- $495
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$115,210
$100,000 down + $15,210 to $16,460 in closing costs
- Ontario land transfer tax
- $6,475
- Toronto land transfer tax
- $6,475
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $123
- Condo fee adjustment
- $287
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$499,999
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