MLS® listing
15 Merchants' Wharf Way 1133: condo apartment for sale
$1,298,000
From the listing brokerage
SPECTACULAR 2 bed 2 bath waterfront corner suite anchored by a rare 660 sq ft wraparound terrace, which alone is larger than 60% of the condos available across Toronto's Waterfront Communities. Enjoy southwest exposure, all day sun, and views over Lake Ontario and the CN Tower. The wraparound design creates distinct zones for dining, lounging, and entertaining, making the terrace a true second living room. Fewer than 5 units here have a gas line run to the terrace - this is one of them, so the grill lives outside and so do you, all summer long. Approximately 1,000 sq ft of interior brings the total living space to over 1,600 sq ft. Large windows pull the lake and skyline into every room. Primary bedroom with a large walk in closet, 4 piece ensuite, and a walk out to the terrace. The second bedroom has a full bath cleanly separated for guests or a home office. Open kitchen with integrated appliances and stone counters. Take the 3D tour in the links - it walks you right out onto the terrace. 1 owned parking space, steps to the elevator. Resort style amenities: rooftop Aqua Terrace with an outdoor infinity pool, Club Aqua fitness, yoga and spin studios, screening room, party room with catering kitchen, guest suites, and 24 hour concierge. Steps to Sugar Beach and the Water's Edge Promenade. Walk Loblaws, LCBO, Distillery District, and the St. Lawrence Market. Fast access to the Gardiner and DVP, transit to Union Station, and the Martin Goodman Trail. Entertain against the skyline and watch the sunrise and sunset from your own private outdoor oasis. A high floor, a wraparound terrace, and unobstructed water views almost never come together in one suite. When they do, they do not last.
Facts on the listing
| Square feet | 900-999 |
|---|---|
| Approximate age | 6-10 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $880 |
| Property tax | $6,221 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | South West |
| Fee includes | Common Elements Included, Building Insurance Included, Parking Included, CAC Included |
| Balcony | Terrace |
| Laundry | Ensuite |
| Interior features | Separate Heating Controls, Separate Hydro Meter |
| View | Lake, City, Panoramic, Downtown, Park/Greenbelt |
| Floor | 11 |
Listing courtesy of RE/MAX WEALTH BUILDERS REAL ESTATE. MLS® C13664888.
About this condo apartment
15 Merchants' Wharf Way 1133 is a 2 bedroom condo apartment in TRREB's Waterfront Communities C8 community in Toronto, listed for sale at $1,298,000. The listing shows 2 bathrooms and 900-999 square feet. The style is given as apartment. The unit faces south west. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Lake Shore Blvd & Merchants' Wharf. The age is listed as 6-10 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 15 Merchants' Wharf Way 1133
At the asking price of $1,298,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,298,000 |
|---|---|
| Ontario land transfer tax | $22,435 |
| Toronto municipal land transfer tax | $22,435 |
| Both taxes | $44,870 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $104,800 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $880 a month |
|---|---|
| Property tax (2026) | $6,221 a year, about $518 a month |
| Fee and tax together | about $1,398 a month |
The listing says the maintenance fee includes common elements, building insurance, parking and cac. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $1,298,000, which is $748,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Downtown Waterfront
A condo market between the rail corridor and the lake, with Union station at its north edge. Almost every sale here is a condo apartment.
Transit: Union station (Line 1 and GO), St Andrew station (Line 1), Exhibition GO to the west, 509 Harbourfront, 510 Spadina and 504 King streetcars, 121 Esplanade-River bus
| Property type | Median | Sales and average |
|---|---|---|
| Waterfront Communities C1, all property types | $610,000 | 401 sales, average $730,812 |
| Waterfront Communities C1, condo apartment | About $607,000 | 396 sales, average about $726,000 |
| Waterfront Communities C1, condo townhouse | About $890,000 | 3 sales, average about $927,000 |
| Waterfront Communities C8, all property types | $597,500 | 114 sales, average $716,565 |
| Waterfront Communities C8, condo apartment | About $595,000 | 113 sales, average about $712,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Downtown Waterfront
What do waterfront condos in Toronto sell for?
From April to June 2026 TRREB recorded a condo apartment median of about $607,000 across 396 sales in Waterfront Communities C1 and about $595,000 across 113 sales in Waterfront Communities C8.
Is the downtown waterfront a good place to live without a car?
For transit it is well placed, with Union station for Line 1 and GO trains, St Andrew station on Line 1 and the 509 Harbourfront, 510 Spadina and 504 King streetcars. Exhibition GO is to the west.
Are there houses for sale on the downtown waterfront?
Very few. TRREB recorded no detached sales in either community from April to June 2026 and only one or two freehold sales, while 509 of the 515 sales were condo apartments.
Which parks are on the waterfront?
City parks include HTO Park, Sugar Beach Park, Sherbourne Common, Canoe Landing, Roundhouse Park, Berczy Park and David Crombie Park.
Are there community centres and libraries nearby?
Canoe Landing Community Recreation Centre is at 45 Fort York Boulevard and St. Lawrence Community Recreation Centre at 230 The Esplanade. The Toronto Public Library has Fort York and St. Lawrence branches.
Read the Downtown Waterfront neighbourhood guide · All Downtown Waterfront homes for sale
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Questions about 15 Merchants' Wharf Way 1133
How much is land transfer tax on 15 Merchants' Wharf Way 1133?
At the asking price of $1,298,000 the Ontario tax is $22,435 and the Toronto tax is $22,435, $44,870 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 15 Merchants' Wharf Way 1133?
$104,800 at the asking price of $1,298,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 15 Merchants' Wharf Way 1133?
The listing shows $880 a month, including common elements, building insurance, parking and cac. Check the current fee in the status certificate.
How much is the property tax on 15 Merchants' Wharf Way 1133?
The listing shows $6,221 a year for 2026, about $518 a month.
Is 15 Merchants' Wharf Way 1133 priced above or below the median?
It is listed at $1,298,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $748,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 15 Merchants' Wharf Way 1133?
Use the form on this page or call us. Quote MLS® C13664888. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 15 Merchants' Wharf Way 1133 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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