$499,999
Est. payment $2,214/moCalculate yours
55 Merchants Wharf 620, Toronto, ON M5A 0P2
Waterfront Communities C8, Toronto, ON M5A 0P2
- 1 Beds
- 1 Baths
- 500 Sq Ft
Listing courtesy of REAL BROKER ONTARIO LTD. MLS® C13513972
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.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 500 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Concrete
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $2,490 (2026)
- Condo Fee
- $495/mo
- Fee Includes
- Common Elements Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Waterfront Communities C8
- Cross Street
- Queens Quay & Lower Sherbourne
Listing
- MLS® Number
- C13513972
- Days on Market
- 109
- Listed On
- 2026-07-01
- Possession
- 60-90
- Listed By
- REAL BROKER ONTARIO LTD.
Rooms
Features
Interior
- Other
Mortgage calculator
Estimated mortgage payment
$2,214 per month
- Principal and interest
- $2,214
- Property tax
- $208
- Condo fees
- $495
- Estimated monthly cost
- $2,916
Your mortgage
- Mortgage amount
- $399,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $264,167
Cash to close
- Down payment
- $100,000
- Land transfer tax (Ontario + Toronto)
- $12,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $112,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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