620 - 55 Merchants Wharf, Toronto, ON M5A 0P2
Waterfront Communities, Toronto · Near Queens Quay & Lower Sherbourne · View map
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
- Style
- Apartment
- Square footage
- 500-599 sq ft
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Basement
- None
- Faces
- South East
- Level
- 6
- Balcony
- Juliette
- Laundry
- Ensuite
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $495.00/mo
- Fee includes
- Common Elements, Building Insurance
- Complex
- 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
Garage & parking
- Garage
- Underground
- Total parking
- None
- 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)
- MLS® number
- C13513972
No matching details. Ask Will instead
Included in the maintenance fee
- Common Elements
- Building Insurance
- 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.
55 Merchants Wharf N/A, Toronto, ON M5A 0P2
Waterfront Communities, Toronto · Near Queens Quay & Lower Sherbourne
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Listing history for 55 Merchants Wharf N/A
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 620 - 55 Merchants Wharf
Answers come straight from this home’s MLS® listing.
How much is 620 - 55 Merchants Wharf listed for, and what would it cost each month?
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. Add property tax and the maintenance fee and the estimate comes to about $2,719 a month, all in. That figure is an illustration, not a quote.
Is 620 - 55 Merchants Wharf freehold or a condo, and is there a monthly fee?
620 - 55 Merchants Wharf is a condo apartment in Waterfront Communities, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. 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.
How many bedrooms and bathrooms does 620 - 55 Merchants Wharf have?
620 - 55 Merchants Wharf has 1 bedroom and 1 bathroom.
Does 620 - 55 Merchants Wharf have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
Does 620 - 55 Merchants Wharf have a finished basement?
No. The listing shows no basement for this home.
What style of home is 620 - 55 Merchants Wharf?
620 - 55 Merchants Wharf is a condo apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.
How big is 620 - 55 Merchants Wharf?
The listing puts the home between 500 and 599 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
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.
Are pets allowed at 620 - 55 Merchants Wharf?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 620 - 55 Merchants Wharf?
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. It is an active listing (MLS® C13513972). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 620 - 55 Merchants Wharf asking?
Similar properties for sale nearby right now include 530 - 55 Merchants' Wharf at $525,000 (1 bed), 805 - 85 Queens Wharf Road at $499,999 (1+1 bed) and 2903 - 270 Queens Quay W at $509,000 (1+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 55 Merchants Wharf N/A sold for?
Recent sales, leases and expired listings for this home and others at the same address 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 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*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.