$3,399,000 - 155 Merchants Wharf N/A Unit 304, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 5 days agoNeighbourhood: Waterfront Communities C8
- MLS Number
- C13689956
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- HAZELTON REAL ESTATE INC.
Rarely offered, this spectacular two-storey waterfront residence combines the space & privacy of a luxury home with the ease of condominium living. Extensively upgraded and thoughtfully redesigned from its original floor plan, it offers approximately 2,066 sq. ft. of interior living space plus 680 sq. ft. across two private terraces-nearly 2,750 sq. ft. of combined indoor & outdoor living. The expansive main level is designed for entertaining, with generous living & dining areas featuring herringbone hardwood flooring & a sleek electric fireplace. The space opens directly onto an exceptional private terrace with ample room for outdoor dining, lounging & hosting. At the heart of the home is a dramatic showpiece kitchen anchored by an oversized waterfall stone island. Richly veined stone countertops and a full-height backsplash are complemented by custom two-tone cabinetry & a premium suite of Miele appliances. The original floor plan was intelligently reimagined to create a true three-bedroom, three-bathroom residence. A third bedroom was added with a contemporary glass wall & doors, a dedicated closet, & a newly created private three-piece bathroom with a shower, replacing the original powder-room configuration & adding flexibility for family, guests or a private workspace. Heated bathroom floors bring an additional level of comfort throughout. Upstairs, former closet space was expanded & transformed into a dedicated den or home office, while hardwood flooring was extended throughout the level. The spacious primary suite features a walk-in closet, a luxurious ensuite and direct access to its own private upper terrace-a peaceful retreat separate from the expansive entertaining terrace below. Part of AquaLuna's exclusive Terrace Collection, this sophisticated, house-like residence is distinguished by its two-storey design, exceptional outdoor living & thoughtfully customized interior. One Locker & Two premium parking spaces near the elevator are included.
Estimate your monthly payments for this property
Estimated Payment
$15,034.92/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.
155 Merchants Wharf N/A Unit 304, 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 $1700/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cabbagetown. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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.