620 - 55 MERCHANTS WHARF, Toronto (Waterfront Communities)

$499,999

For sale: Apartment

Apartment at 620 - 55 MERCHANTS WHARF, Toronto (Waterfront Communities)
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
599 sqft
MLS®
MLS® C13513972
Neighbourhood
Waterfront Communities C8

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 cafes, 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.

Sold data

Apartment homes in Toronto (Waterfront Communities) — recent sold market

Apartment homes in Toronto (Waterfront Communities) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.

The median sale price was $569,999.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 19% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$569,999
Sale-to-list ratio
96.8%
Sold above asking
13%

Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Waterfront Communities)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 620 - 55 MERCHANTS WHARF