Condo for sale at 620-55 Merchants Wharf, Toronto, Ontario, M5A 0P2 - Waterfront Communities C8 - MLS: C12861072

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620-55 Merchants Wharf

Toronto, Ontario, M5A 0P2 - Waterfront Communities C8

$499,999

Neighbourhood

Waterfront Communities C8
Major Intersection

Queens Quay & Lower Sherbourne

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

1
Square Feet

500-599
Exposure

South East
Total Parking

n/a
Maintenance

$495
Taxes

$2,490.00 (2025)
Balcony

Jlte

Property Description

Property description for 620-55 Merchants Wharf, Toronto

Welcome to the most affordable opportunity to own in one of Toronto's premier waterfront communities by Tridel. This move-in ready suite offers the perfect blend of lifestyle, location, and long-term value-ideal for first-time buyers, professionals, or investors looking to enter the market with confidence.Wake up to southeast views of Lake Ontario, soaring ceilings, and a thoughtfully designed layout that maximizes every square foot. The modern kitchen features sleek finishes and generous storage, while the bright living space offers the flexibility to comfortably work from home.Residents enjoy resort-style amenities comparable to a five-star hotel, including a 24-hour concierge, rooftop pool, fitness centre, yoga and spinning studios, theatre room, and library.Located along Toronto's vibrant waterfront, with cafés, restaurants, boardwalk paths, and downtown conveniences just steps away, this suite offers an exceptional chance to own in a luxury building-often for a monthly cost comparable to renting.A rare opportunity to enter the waterfront market and start building equity in one of the city's most desirable neighbourhoods.

Listed by REAL BROKER ONTARIO LTD.

Property details

MLS #

C12861072
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12861072
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground
Parking Type

None
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

Del Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

3.2 x 3.05 ft Flat level

Window Flr to Ceil, Overlook Water
Dining

3.48 x 2.79 ft Flat level

Open Concept, Combined W/Kitchen
Kitchen

3.48 x 2.79 ft Flat level

Stainless Steel Appl
Br

2.35 x 2.35 ft Flat level

Sliding Doors
Den

1.8 x 1.55 ft Flat level

B/I Desk

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 620-55 Merchants Wharf, Toronto

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C8

Active listings

204

Average Selling Price of a Condo Apt

February 2026

$919,830

Last 3 Months

$769,126

Last 12 Months

$799,721

February 2025

$731,110

Last 3 Months LY

$713,067

Last 12 Months LY

$782,251

Change

26%

Change

Historical Average Selling Price of a Condo Apt in Waterfront Communities C8

Average Selling Price

3 years ago

$778,341

Average Selling Price

5 years ago

$829,404

Average Selling Price

10 years ago

$476,208

Change

18%

Change

11%

Change

93%

Number of Condo Apt Sold

February 2026

Last 3 Months

Last 12 Months

February 2025

Last 3 Months LY

Last 12 Months LY

Change

50%

Change

10%

Change

-9%

How many days Condo Apt takes to sell (DOM)

February 2026

Last 3 Months

Last 12 Months

February 2025

Last 3 Months LY

Last 12 Months LY

Change

136%

Change

28%

Change

19%

Average Selling price

Inventory Graph

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Down Payment ($)

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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