$9,750/mo - 155 Merchants' Wharf N/A Unit 1222, Cabbagetown
Condo for Rent in Cabbagetown
32 days on marketNeighbourhood: Waterfront Communities C8
- MLS Number
- C13243134
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 4
- Square Feet
- 2,250 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Welcome to the newest & most luxurious condo Building on the Toronto waterfront.Aqualuna is located in East Bayside on Queens Quay East at Parliament. This 2439 sq.ft. unit offers 2 good size bedrooms with an open & expansive living Dining & Kitchen with an abundance of Natural light throughout the day. The unit comes with a large Terrace accessed from the Living room as well as a walkout from the Principal bedroom. There is a balcony accessed from the dining room area ,this gives loads of light,fresh air and the view of the Lake. The South west exposure provides a quiet calming atmosphere away from the noisy streets of the City. The Principal Bedroom has his & hers walk in closets ,and his & her ensuite bathrooms with individual shower stalls & one Soaker tub. There is a walkout to the terrace from the Principal Bedroom. The oversized Terrace has a gas outlet for connecting a Gas BBQ and comes with an electrical outlet. The second bedroom has its own 3pc ensuite bathroom and a built in closet. The ensuite laundry is equipped with modern Stacked clothes washer & electric clothes Dryer with ample space to stock & store supplies. The Unit comes with Two Parking spots and one Locker. The appliances are upgraded models of the MIELE brand and the kitchen has a built in Wine fridge also. The building amenities include an inground lakeside outdoor pool, fitness & Yoga studios ,Sauna, party lounge, 24 hour Concierge, walk to Sugar beach,Martin Goodman Trail, the Waterfront Promenade ,shopping, Transit and minutes to highways.
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.
155 Merchants' Wharf N/A Unit 1222, 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 $9,750/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 32 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 4 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.
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.