
214- 155 Merchants' Wharf N/A, Toronto C08
Toronto C08
$2,999,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,900/mo
Estimated from market price-to-rent ratios
Remarks
Discover unparalleled resort-style living on Torontos waterfront in the vibrant Queens Quay neighbourhood.Tridels latest waterfront masterpiece is just steps away from the scenic promenade, Cherry Beach, and the iconic Waterfront Trail. The striking architecture of this development adds a bold presence to Torontos Port Lands, with a host of world-class amenities that cater to your every need. Enjoy access to a state-of-the-art fitness centre, multiple elegant lounges, 24/7 concierge service, and a breathtaking rooftop deck with a pool and expansive entertaining spaces that offer panoramic views of the water and skyline.This exceptional two-storey residence, spanning over 2,400 square feet, showcases exquisite finishes throughout. The expansive main level is highlighted by a gourmet two-tone kitchen featuring top-tier appliances and a large waterfall island, perfect for both cooking and entertaining. The spacious living room seamlessly flows out to a generous terrace overlooking the serene beauty of Lake Ontario. Upstairs, a large private balcony accessible from two bedrooms offers sweeping water views. The primary suite is a true retreat, with a walk-in closet, a second closet, and a luxurious spa-inspired ensuite complete with double sinks, a freestanding tub, a glass-enclosed shower, and a private toilet.A secluded den with large sliding doors offers the ideal space for an office or guest bedroom. The second floor also features a convenient laundry room and ample storage, ensuring comfort and practicality.At Aqualuna, theres no need to leave the city to experience the tranquility of a resortits all right here, waiting for you.
MississaugaInvestor.ca
214- 155 Merchants' Wharf N/A
Condo Apartment · 3bd/3ba · ~2,375 sqft
$2,999,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.13%
Monthly Cash Flow
-$13,473/mo
Estimated Rent
$4,900/mo
Cash-on-Cash
-24.34%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,900 |
| Mortgage | −$13,804 |
| Property Tax | −$2,374 |
| Insurance | −$225 |
| Condo Fee | −$1,725 |
| Vacancy (5%) | −$245 |
| Cash Flow | -$13,473/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,800 |
| Vacancy (5%) | −$2,940 |
| Property Tax | −$28,491 |
| Insurance | −$2,700 |
| Condo Fee | −$20,700 |
| Annual NOI | $3,969 |
| Cap Rate | 0.13% |
Cash Required to Close
| Down Payment (20%) | $599,800 |
| Ontario Land Transfer Tax | $61,450 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $664,250 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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