$525,000 - 55 Merchants' Wharf N/A Unit 530, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Waterfront Communities C8
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- MLS Number
- C13836848
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $3,016
- Maintenance Fees
- $499/mo
- Locker
- None
- Exposure
- South West
- Balcony
- Juliette
- Listing Brokerage
- THE AGENCY
Welcome to Aqualina at Bayside by Tridel, one of Toronto's premier waterfront communities. This bright and beautifully maintained 1-bedroom suite offers an exceptional opportunity to own in one of the city's most sought-after lakefront neighbourhoods. The open-concept layout features floor-to-ceiling windows, soaring natural light, laminate flooring throughout, and a modern kitchen with built-in appliances and ample storage. Enjoy peaceful views toward Lake Ontario from your private Juliet balcony, the perfect spot for your morning coffee or an evening unwind. Thoughtfully designed for both comfortable living and entertaining, this suite offers an efficient layout with a bright, inviting living space and a seamless connection between the kitchen and living areas. Residents of Aqualina enjoy an impressive collection of resort-style amenities, including 24-hour concierge service, a rooftop infinity pool, fitness centre, yoga and spinning studios, theatre room, library, party room and more. Located along Toronto's vibrant waterfront, you're just steps from the boardwalk, parks, cafes, restaurants and lounges, while being minutes from the downtown core and the city's many conveniences.Whether you're a first-time buyer, professional, downsizer or investor, this is an excellent opportunity to own a stylish waterfront residence in a highly regarded Tridel community. Experience the lifestyle of waterfront living at Aqualina, where exceptional amenities, a connected location and the beauty of Lake Ontario come together.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,648)
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.
55 Merchants' Wharf N/A Unit 530, 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
Fair Market Value
At $875/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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. The $499/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.
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 $2,188 (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.