$13,000/mo - 55 Merchants' Wharf N/A Unit PH23, Cabbagetown
Condo for Rent in Cabbagetown
Neighbourhood: Waterfront Communities C8
- MLS Number
- C13646236
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- GOLDEN HOUSE REALTY INC.
Tridel Luxury "Aqualina At Bayside" Condo over 3,245 sq.ft With Beautiful, Breathtaking Southwest Water & City View. Unobstructed views of the Toronto Islands, Lake Ontario, and the city skyline. Close To Harbour Front, Sugar Beach, Ferry Terminal. Steps From St. Lawrence Market, The Distillery District, Grocery Stores And Restaurant. 4 spacious bedrooms, 4 luxurious bathrooms. Enjoy two private balconies with views over west Harbour and Lake Ontario, and access your suite through two dedicated entrances. The enclosed chefs kitchen offers endless storage with integrated AEG appliances. Your own private 3000+ sq.ft. rooftop terrace, complete with fully equipped outdoor kitchen.Building amenities are spectacular: Rooftop infinity pool and hot tub, bookable private BBQ areas, a theatre, large exercise room, party room, library, Concierge And 24/7 Security. More than 30 items upgrade from Tridel. This penthouse offers unparalleled privacy, sweeping waterfront views.
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 PH23, 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 $13,000/mo, this is asking above the typical 4-bedroom rent of ~$4,200/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 17 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 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.