Salehian.com 647-325-5000

118 Merchants Wharf Way 618

Waterfront Communities C8, Toronto, M5A 0L3

$3,050/mo

Reduced $100 from $3,150

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  • 2 bedrooms
  • 2 bathrooms
  • 0 parking
  • 800-899 sq ft

Listed 33 days ago · MLS® C13797502

About this home

Welcome to Aquabella, a luxury waterfront residence in one of Toronto's most beautiful and convenient neighbourhoods. This bright and spacious 2, 2-bath suite offers a modern bedroom layout designed for comfort and everyday living. The primary bedroom features an ensuite giving you plenty of space and a touch of luxury. Enjoy a full balcony walkout from the living room. The versatile second bedroom can easily be used as a home office, study area, small guest room, or extra storage-whatever works best for your lifestyle. The open kitchen includes built-in full sized appliances and a clean, modern design. Large windows fill the unit with natural light, creating a warm and welcoming feel. Keyless entry. Aquabella is located in the heart of the East Waterfront, steps from Sugar Beach, the Water's Edge Promenade, and great dining spots. You're close to grocery stores, parks, transit, making it easy to get anywhere in the city. It's a quiet, safe, and family-friendly area with plenty of space to walk, bike, and enjoy the lake. A perfect mix of style, comfort, and an unbeatable waterfront lifestyle.

Details

Type
Condo Apartment
Style
Apartment
Size
800-899 sq ft
Basement
None
Garage
Underground
Kitchens
1
Neighbourhood
Waterfront Communities C8
Municipality
Toronto C08
Rent increase limit
Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece (main), 1 × 3-piece (main)
Rooms
6 above ground
Family room or den
No
Fireplace
No
Laundry
In-Suite Laundry, Ensuite
Features
Built-In Oven, Carpet Free, Countertop Range, Separate Heating Controls, Separate Hydro Meter
Furnished
Unfurnished

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Waterfront
WaterfrontCommunity

Condo

Building
Aquabella
Amenities
Concierge, Gym, Outdoor Pool, Community BBQ, Party Room/Meeting Room
Locker
Exclusive (level Level B)
Balcony
Terrace
Exposure
East
View
City
Security
Alarm System, Concierge/Security
Property manager
Del Property Management 416-661-3151

Rental terms

Rent includes
Building Insurance, Common Elements

More

Possession
30-59 days
Nearby
Arts Centre, Beach, Library, Public Transit, Rec./Commun.Centre, Waterfront
Cross street
QUEENS QUAY & MERCHANTS WHARF

Rooms

RoomLevelSizeFeatures
Living RoomMain3.96 × 3.35 m (13' × 11')Laminate, W/O To Terrace, Open Concept
KitchenMain3.51 × 3.21 m (11'6" × 10'6")Laminate, Modern Kitchen, Stainless Steel Appl
Dining RoomMain3.51 × 3.21 m (11'6" × 10'6")Laminate, Combined w/Kitchen, Open Concept
Primary BedroomMain3.2 × 3.09 m (10'6" × 10'2")Laminate, Walk-In Closet(s), 3 Pc Ensuite
Bedroom 2Main2.74 × 2.44 m (9' × 8')Laminate, W/W Closet
FoyerMain1.4 × 1.2 m (4'7" × 3'11")4 Pc Bath, Double Closet, Laminate

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 King Subway1.3 km
  • 🚇 Union Subway1.4 km
  • 🚆 Toronto Union Station GO1.4 km

Within a 10-minute walk: 8 grocery stores, 77 cafés and restaurants, 14 parks, 8 pharmacies. Nearest grocery: Marché Leo's (100 m). Nearest park: Aitken Place Park (50 m).

Schools nearby

Elementary

  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%    9 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%    10 min walk
  • Downtown Alternative School11 min walk
  • St. Paul Catholic School Catholic
    EQAO: Gr 6 reading 87%, math 50%    18 min walk

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%    16 min walk
  • SEED Alternative School2.1 km
  • Queen Alexandra Middle School2.1 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5A

Owners / renters
35% / 65%
Median household income
$71,000
Average age
40
Children under 15
9%
Homes
0% detached, 78% high-rise
Commute by transit
28%
Population
48,978

Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in St Lawrence-East Bayfront-The Islands (2025): about the Toronto average, down 13% from the year before.

  • Assault38% above average
  • Break and enterabout average
  • Auto theft89% below average
  • Robbery23% above average
  • Theft from vehicles23% below average
  • Shootings45% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 21 active

  • 31 PARLIAMENT ST · 400 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Stamdard Condominium for 427 units.
    Application details
  • 259 LAKE SHORE BLVD E · 200 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Zoning By-law Amendment - Lifting of the H Symbol for 23 167778 STE 10 OZ, 25 231179 STE 10 OZ, and 26 149454 STE 10 OZ
    Application details
  • 259 LAKE SHORE BLVD E · 200 m
    Site Plan · Under Review · applied 2025
    Site plan application for Quayside Building 2, a 56 storey, 618 unit building to be delivered as part of the Quayside project. The proposed development…
    Application details
  • 259 LAKE SHORE BLVD E · 200 m
    Plan of Subdivision · Under Review · applied 2023
    Quayside development - Proposed Draft Plan of Subdivision to establish eight blocks, including the Queens Quay East extension, a realigned Parliament Street,…
    Application details
  • 11 SMALL ST · 150 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2023
    Proposed Official Plan and Zoning By-law Amendments for Quayside Master Plan Blocks 3b, 4 and 5. The proposal for Blocks 3b, 4 and 5 includes two residential…
    Application details
  • 259 LAKE SHORE BLVD E · 200 m
    Site Plan · Under Review · applied 2023
    "Master Site Plan Application" for Quayside Blocks 1 & 2 ground floor and below grade elements.This Master Site Plan Application addresses ground floor design…
    Application details

21 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 1 km. Transit times · Driving times

Coming transit

  • 🚧 Distillery District 700 m
  • 🚧 Moss Park 1.2 km
  • 🚧 Queen 1.6 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 2 sources nearby

  • 🛣️ Gardiner Expressway200 m
  • 🚆 Rail line (Union Station Rail Corridor)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

  • Electromagnetic Locks · 2025 · Closed
    Proposal for addition of maglock
  • Interior Alterations · 2021 · Inspection
    Tenant fit out in an existing building to construct a Sale Presentation Centre within the building designated retail areas.

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

20 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Avenue Group Realty Inc..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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