55 Merchants' Wharf St #324, Toronto

Name: 55 Merchants' Wharf Street, Unit 324
SKU: C13528348
Price: 1799000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 324 at 55 Merchants' Wharf Street

Welcome to Aqualuna at Bayside Toronto by Tridel, a landmark of refined waterfront living in the heart of Toronto's vibrant East Bayfront.Rarely available low-floor unit offers breathtaking, unobstructed lake views and features two private balconies, creating the perfect setting to enjoy stunning sunrises and serene waterfront evenings.Spanning approximately 1,372 sq. ft., this bright and spacious suite showcases a thoughtfully designed open-concept layout ideal for modern living and entertaining. The unit features 2 generous bedrooms plus a versatile den (perfect for a home office or guest space), along with 3 bathrooms for ultimate comfort and convenience. Floor-to-ceiling windows flood the home with natural light, enhancing the contemporary finishes and seamless flow throughout the living and dining areas. One underground parking space is included.Enjoy an unparalleled lifestyle just steps from the waterfront and within walking distance to Sugar Beach, scenic parks, and everyday conveniences. Prime location near George Brown College, Loblaws, LCBO, the Jack Layton Ferry Terminal, St. Lawrence Market, and the historic Distillery District-offering world-class dining, shopping, and entertainment at your doorstep.Residents enjoy state-of-the-art amenities including a party room, media room, rooftop pool and hot tub overlooking the lake, BBQ areas, fully equipped fitness centre, library, and 24-hour concierge service. Experience sophisticated urban waterfront living at its finest in one of Toronto's most prestigious new communities.

2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $1,499 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 55 Merchants' Wharf St #324

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 1200-1399 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

55 Merchants' Wharf St #324 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—IncreasedPrice increasedThis listingMLS® C13528348+$101,000 (5.9%)$1,799,000
Jul 6, 2026For saleListedThis listingMLS® C13528348$1,698,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 55 Merchants' Wharf St #324 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,085,584
Average days on market: 32
Homes sold: 9,203

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5151.3%On average, homes sold at or above asking.
Active listings12,553Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 9 – Aug 7, 2026.

Based on 9,203 sales from Aug 7 – Nov 5, 2026 (7,131 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 324 — 55 Merchants' Wharf Street 2 bd · 2 ba · 1,200 sqft	$1,799,000asking	$1,499	—	—
100 Dalhousie Street 2 bd · 2 ba · 800 sqft
27 Bathurst Street 2 bd · 2 ba · 600 sqft
85 Skymark Drive 1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue 1 bd · 1 ba · 500 sqft
2221 Yonge Street 1 bd · 1 ba
40 Homewood Avenue 2 bd · 1 ba · 600 sqft

100 Dalhousie Street
2 bd · 2 ba · 800 sqft
27 Bathurst Street
2 bd · 2 ba · 600 sqft
85 Skymark Drive
1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue
1 bd · 1 ba · 500 sqft
2221 Yonge Street
1 bd · 1 ba
40 Homewood Avenue
2 bd · 1 ba · 600 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

King StationLine 11.2 km15 min walk
Union StationLine 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express1.3 km17 min walk
Queen StationLine 11.6 km20 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

King Station (Line 1)15 min walk
Union Station (Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express)17 min walk
Queen Station (Line 1)20 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

King Station
1.2 km15 minClosest· Line 1
Homes near King Station
Union Station
1.3 km17 min· Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express
Homes near Union Station
Queen Station
1.6 km20 min· Line 1
Homes near Queen Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 55 Merchants' Wharf St #324. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 55 Merchants' Wharf St #324

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $8,838; 20% down · 25 years · 5.5% assumed
Property tax: $989; 0.66% mill rate · ON
Total per month: $9,827; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$8,838

/mo

based on the purchase price of $1,799,000

Down payment20%

$359,800 cash

Amortization25 yr

$1,439,200 financed

Rate5.50%

$1,212,184 total interest

Principal54%$1,439,200

Interest46%$1,212,184

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 55 Merchants' Wharf St #324

How much is 55 Merchants' Wharf St #324 listed for?

55 Merchants' Wharf St #324 is listed at $1,799,000 (MLS® C13528348). Summitly updates the price as soon as the MLS® record changes.

Is $1,799,000 a good price for 55 Merchants' Wharf St #324?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 55 Merchants' Wharf St #324 changed?

Yes — it was first listed at $1,698,000 and is now $1,799,000, an increase of $101,000 (5.9%).

How many bedrooms and bathrooms does 55 Merchants' Wharf St #324 have?

55 Merchants' Wharf St #324 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Toronto.

Is 55 Merchants' Wharf St #324 close to transit?

The nearest rapid-transit station is King Station (Line 1), about 1.2 km (about a 15-minute walk) in a straight line. Union Station is about 1.3 km (about a 17-minute walk), and Queen Station is about 1.6 km (about a 20-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 55 Merchants' Wharf St #324?

About $8,838 a month — principal and interest on $1,799,000 with 20% down ($359,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 55 Merchants' Wharf St #324 compare with other homes in Toronto?

Its asking price of $1,799,000 is about 114% above the median sold price in Toronto over the last 90 days, $840,000, across 9,203 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 55 Merchants' Wharf St #324 been sold before?

Summitly has no earlier MLS® sale or lease of 55 Merchants' Wharf St #324 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 55 Merchants' Wharf St #324?

55 Merchants' Wharf St #324 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 55 Merchants' Wharf St #324 been on the market?

122 days — 55 Merchants' Wharf St #324 was listed on July 6, 2026.

What is the price per square foot of 55 Merchants' Wharf St #324?

About $1,286 to $1,499 per square foot: the asking price of $1,799,000 over the 1,200–1,399 sq ft the listing gives as its size range.

Does 55 Merchants' Wharf St #324 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

55 Merchants' Wharf St #324, Toronto

What you should know

2 Bed, 2 Bath Condo in Toronto

Unit 324 at 55 Merchants' Wharf Street

Inside 55 Merchants' Wharf St #324

Features & systems

55 Merchants' Wharf St #324 Price & Sale History

How 55 Merchants' Wharf St #324 Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 55 Merchants' Wharf St #324

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Merchants' Wharf Street? See what yours is worth

Zara, any time

A licensed local agent

See 55 Merchants' Wharf St #324, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Condos in Toronto

2 Bed, 2 Bath Condo in Toronto

Unit 324 at 55 Merchants' Wharf Street

Inside 55 Merchants' Wharf St #324

Features & systems

55 Merchants' Wharf St #324 Price & Sale History

How 55 Merchants' Wharf St #324 Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 55 Merchants' Wharf St #324

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Merchants' Wharf Street? See what yours is worth

Zara, any time

A licensed local agent

See 55 Merchants' Wharf St #324, Toronto in person

Questions About 55 Merchants' Wharf St #324

How much is 55 Merchants' Wharf St #324 listed for?

Is $1,799,000 a good price for 55 Merchants' Wharf St #324?

Has the price of 55 Merchants' Wharf St #324 changed?

How many bedrooms and bathrooms does 55 Merchants' Wharf St #324 have?

Is 55 Merchants' Wharf St #324 close to transit?

How much would the monthly mortgage be on 55 Merchants' Wharf St #324?

How does 55 Merchants' Wharf St #324 compare with other homes in Toronto?

Has 55 Merchants' Wharf St #324 been sold before?

Where is 55 Merchants' Wharf St #324?

How long has 55 Merchants' Wharf St #324 been on the market?

What is the price per square foot of 55 Merchants' Wharf St #324?

Does 55 Merchants' Wharf St #324 have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Condos in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 55 Merchants' Wharf St #324

How much is 55 Merchants' Wharf St #324 listed for?

Is $1,799,000 a good price for 55 Merchants' Wharf St #324?

Has the price of 55 Merchants' Wharf St #324 changed?

How many bedrooms and bathrooms does 55 Merchants' Wharf St #324 have?

Is 55 Merchants' Wharf St #324 close to transit?

How much would the monthly mortgage be on 55 Merchants' Wharf St #324?

How does 55 Merchants' Wharf St #324 compare with other homes in Toronto?

Has 55 Merchants' Wharf St #324 been sold before?

Where is 55 Merchants' Wharf St #324?

How long has 55 Merchants' Wharf St #324 been on the market?

What is the price per square foot of 55 Merchants' Wharf St #324?

Does 55 Merchants' Wharf St #324 have parking or a garage?