$1,498,000 - 118 Merchants' Wharf N/A Unit 301, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Waterfront Communities C8
- MLS Number
- C13634026
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Experience luxury waterfront living in the prestigious Aquabella by Tridel. This exceptional LEED Platinum-certified residence offers the perfect blend of luxury, sustainability, and convenience. This stunning 2-bedroom, 2-bathroom suite features approximately 1,100 sq.ft. of thoughtfully designed living space, showcasing premium finishes, an open-concept layout, and beautiful lake and park views from an oversized private balcony. The sleek chef-inspired kitchen is equipped with high-end built-in appliances, a large centre island, and a custom floor-to-ceiling pantry, flowing seamlessly into the spacious living and dining areas-ideal for both everyday living and entertaining.The primary retreat features a walk-in closet and a spa-inspired 4-piece ensuite, while the generous second bedroom is complete with a custom Murphy bed and built-in desk, making it the perfect guest room or home office. A stylish 3-piece main bathroom, abundant storage, and quality upgrades throughout complete this exceptional home.Residents enjoy world-class amenities including a state-of-the-art fitness centre, outdoor pool, theatre room, elegant party room, concierge, and beautifully designed common spaces that offer a true resort-style lifestyle. A truly rare offering, this suite includes 2 parking spaces and 8 lockers-an extraordinary feature and incredible value in downtown Toronto.Perfectly situated on Toronto's vibrant waterfront, you're just steps to Sugar Beach, the Martin Goodman Trail, waterfront parks, cafés, and restaurants, while being within walking distance to the historic Distillery District and minutes to Cherry Beach and Woodbine Beach. Enjoy quick and convenient access to both the DVP and the Gardiner Expressway, making commuting effortless.
Estimate your monthly payments for this property
Estimated Payment
$6,626.16/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 Waterfront Communities C8
Waterfront Communities C8 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 Waterfront Communities C8
- •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
Waterfront Communities C8 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.
118 Merchants' Wharf N/A Unit 301, 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 $1498/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 19 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.
About Waterfront Communities C8
I know Waterfront Communities C8 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $6,242 (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.