$5,500/mo - 15 Merchants Wharf Court Unit 901, Cabbagetown
Condo for Rent in Cabbagetown
Neighbourhood: Waterfront Communities C8
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- MLS Number
- C13813442
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY SW REALTY
Experience luxury waterfront living in this bright and exceptionally spacious 950 sq. ft.(balcony included), 2-bedroom, 2-bathroom condo located in Toronto's highly desirable Aqualina Bayside community along Queens Quay. Perfectly combining comfort and functionality, this fully furnished unit features large floor-to-ceiling windows that flood every room with natural light, complemented by elegant natural wood furnishings throughout. The open-concept living area boasts an entertainment setup with a Smart TV, a sound bar, and a versatile coffee table that converts into a workspace, alongside a dedicated area for private at-home workouts. Culinary enthusiasts will love the full kitchen, equipped with a dishwasher, a Keurig coffee machine, premium cookware, and essential pantry basics. The layout offers maximum privacy, highlighted by a generous primary bedroom with a King-size bed, a walk-in closet, and a private ensuite bathroom. The second bedroom serves as an ideal guest room or remote work haven, featuring a Double bed, an office workspace complete with a printer, and ample closet storage. Step out onto the private, east-facing balcony to enjoy breathtaking morning sun rises over the lake. Building & Location Features: State-of-the-Art Amenities: Access to a professional fitness center, outdoor swimming pool, and relaxing spa. Premium Waterfront Location: Situated directly on the vibrant Bayside Boardwalk-home of the" Flavors Food Festival." Unmatched Walkability: Steps from the historic Distillery District, St. Lawrence Market, Harbour front Centre, pristine lakefront beaches, and scenic parks. Seamless Transit: A short walk to Union Station and steps from TTC bus lines (19 and 72),making commuting a breeze. Turn key and ready for you to move in and enjoy the absolute best of Toronto's downtown lake front lifestyle!
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.
15 Merchants Wharf Court Unit 901, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $5,500/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Cabbagetown. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 15 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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.