$21,900/mo - 155 Merchant's Wharf Street Unit 411, Cabbagetown
Condo for Rent in Cabbagetown
37 days on marketNeighbourhood: Waterfront Communities C8
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- MLS Number
- C13728194
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Experience elevated waterfront living completely move-in ready. Welcome to this beautifully appointed, fully furnished 2-bedroom, 3-bathroom residence at Tridel's prestigious AquaLuna. Offering over 2,000 square feet of thoughtfully designed living space, this exceptional home is fully furnished, fully equipped, and ready for Immd. occupancy. All the work has already been done for you. The residence includes elegant designer furnishings, a fully stocked kitchen, premium bed linens, towels, cookware, tableware, and everyday household essentials. No furniture to buy, no kitchen to set up, and no weeks spent getting organized. Simply bring your personal belongings and move in comfortably from day one. Designed to feel more like a private home than a condominium, the residence features an expansive open-concept main floor with a chef-inspired kitchen, generous living and dining areas, and direct access to an extraordinary private terrace-perfect for morning coffee, outdoor dining, entertaining, or relaxing by the waterfront. The private bedroom level includes a spacious primary suite with its own private terrace. Two parking spaces, all utilities, and high-speed internet are included, making the transition even more seamless. Flexible lease terms, including short-term opportunities, may be considered. Ideally located in one of Toronto's premier waterfront communities, the residence is steps from waterfront parks, Loblaws, Farm Boy, LCBO, cafés, and restaurants, with easy access to Union Station, the Financial District, Billy Bishop Airport, and major highways. This is more than a furnished rental-it is a ready-to-live-in home. Ideal for executives, corporate relocations, diplomats, professional athletes, families between homes, or anyone seeking the comfort and privacy of a luxury home without the time, expense, and hassle of furnishing and setting it up. No furniture to buy. No utilities to arrange. Just bring your suitcase and enjoy waterfront living from day one.
Estimate your monthly payments for this property
Estimated Payment
$112.36/mo
Includes CMHC insurance ($611)
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 Merchant's Wharf Street Unit 411, 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 $21,900/mo, this is asking above the typical 3-bedroom rent of ~$3,500/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 37 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.