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For saleListed Jul 2MLS® C13513972

620 - 55 Merchants Wharf, Toronto, ON M5A 0P2

Waterfront Communities, Toronto · Near Queens Quay & Lower Sherbourne · View map

$499,999
1Beds
1Baths
500–599Sq ft
Condo ApartmentType
$495/moMaint. fee
NoneParking
OwnedLocker
$2,490/yrTaxes
Call / Text Will
$499,999
Locker includedExtra storage, owned
Ensuite laundryWasher and dryer in the unit
Pets allowedWith building restrictions
Central airCool all summer
South East exposureBright through the day

About this home

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.

The home

Type
Condo Apartment
Square footage
500-599 sq ft
Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
4
Floor
6th
Exposure
South East
Balcony
Juliette
Laundry
Ensuite

Building & fees

Maintenance fee
$495.00/mo
Fee includes
Common Elements, Building Insurance
Condo corporation
TSCC 2640
Property management
Del Property Management
Pets
Allowed, with restrictions
Locker
Owned
Exterior
Concrete

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Parking

Parking spaces
None
Garage
Underground
Parking features
Underground

Taxes & other

Property taxes
$2,490/yr
Tax year
2026
Occupancy
Tenant
Possession
60-90
Cross street
Queens Quay & Lower Sherbourne
Neighbourhood
Waterfront Communities

More

Price per sq ft
~$909 (at 550 sq ft)
Listed
Jul 2, 2026 · 101 days ago
MLS® number
C13513972

Included in the maintenance fee

  • Common Elements
  • Building Insurance
Want to know something that isn’t listed?
Estimated monthly cost$2,719per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    55 Merchants Wharf N/A, Toronto, ON M5A 0P2

    Waterfront Communities, Toronto · Near Queens Quay & Lower Sherbourne

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    Sold history

    Listing history for 55 Merchants Wharf N/A

    See what this unit and others in the building were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every condo.

    Questions & answers

    Frequently asked questions about 620 - 55 Merchants Wharf

    Answers come straight from this condo’s MLS® listing.

    How much is 620 - 55 Merchants Wharf listed for?

    620 - 55 Merchants Wharf is listed for $499,999. With 20% down ($100,000), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.

    How many bedrooms and bathrooms does 620 - 55 Merchants Wharf have?

    620 - 55 Merchants Wharf has 1 bedroom and 1 bathroom.

    How big is 620 - 55 Merchants Wharf?

    The listing puts the unit between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.

    What type of home is 620 - 55 Merchants Wharf?

    620 - 55 Merchants Wharf is a condo apartment in Waterfront Communities, Toronto. The unit is on the 6th floor, facing south east.

    What are the maintenance fees at 620 - 55 Merchants Wharf, and what do they cover?

    The maintenance fee is $495.00 a month. The listing says it covers common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.

    Does 620 - 55 Merchants Wharf come with parking and a locker?

    The listing does not include a parking space. The locker is listed as owned.

    Are pets allowed at 620 - 55 Merchants Wharf?

    Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.

    How is 620 - 55 Merchants Wharf heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 620 - 55 Merchants Wharf?

    Property taxes are $2,490 a year (2026), or about $208 a month.

    What neighbourhood is 620 - 55 Merchants Wharf in?

    620 - 55 Merchants Wharf is in the Waterfront Communities community of Toronto. The nearest main intersection is Queens Quay & Lower Sherbourne. The postal code is M5A 0P2.

    Is 620 - 55 Merchants Wharf still for sale?

    Yes. 620 - 55 Merchants Wharf is an active listing (MLS® C13513972), on the market since July 2, 2026. Listings here update from the board through the day and come down once a condo sells.

    What have condos at 55 Merchants Wharf N/A sold for?

    Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 620 - 55 Merchants Wharf?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this condo and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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