15 Merchants' Wharf 442, Toronto C08

$1,049,000
15 Merchants' Wharf 442

$1,049,000

New
16d
Condo ApartmentApartment

15 Merchants' Wharf 442, Toronto C08

Total Monthly Obligation $5,923

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
16d
Score
15
Yield
4.6%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Condo Apartment
MLS® Number-C13872202
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$6,033 (2026)
Maintenance-$988.9/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Stucco (Plaster)
Possession-30/60 days
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Life is better on the lake! Welcome to this stunning SW corner suite in Aqualina by Tridel, where luxury waterfront meets everyday comfort. At just under 1100 sq ft, this bright and airy 3 bed, 2 bath condo is a rare find, with generously sized rooms, water views, and an abundance of natural light throughout. The spacious primary retreat features a walk-in closet and ensuite, while the 2nd and 3rd bedrooms offer exceptional flexibility. One is wrapped in corner windows, and the other features custom built-ins, making it the perfect home office. The sleek kitchen with integrated appliances flows effortlessly into an open-concept living and dining area, creating a space that's perfect to entertain and enjoy. Step onto your private balcony and soak in unobstructed Lake views, the perfect backdrop for your morning coffee or evening sunset. Residents of this LEED-certified building enjoy resort-style amenities including a rooftop pool and garden, gym, spin studio, party room, concierge, EV charger stations and guest suites. Beanfield internet is included too! Just steps from Sugar Beach, the waterfront, transit, Loblaws, Shoppers Drug Mart, cafes, and restaurants, with quick access to Union Station, St. Lawrence Market, the Gardiner, and the DVP. Includes parking and locker - this is waterfront living, without compromise.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$839,200
Land Transfer Taxes$17,455
Legal Fees (Est.)
$
Total cash required for closing$228,755

Total Monthly Obligation

$5,923/mo
Mortgage $4,231
Monthly Loss $4,810
Principal$1,113
Interest$3,118
Property Tax$503
Condo Fees$989
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.0%14
10-Year IRR
7.6%
Returns Index
8.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$47,940/yr
NOI
$22,846/yr
Net Cash Flow
-$2,328/mo
Cash Margin
-58.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 15 Merchants' Wharf 442

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.