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118 Merchant Wharf Condos in Toronto C08

118 Merchant Wharf N/A, Toronto C08

Total Units

2

For Sale

1

For Rent

18

Sold

59

Leased

$561K

Avg Price

39

Days (Sale)

24

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
500 - 4,249 SQFT
Property Management:
Del Property Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$2.8M

Lowest Sale (12mo)

$635K

Median Maintenance

$1114/mo

Year Built

118 Merchant Wharf Market

Updated Aug 10, 2026
Condos
Median sale price
$2.08M
Median PSF (est.)▲ 33.6%
$1229/sqft
Sold last 90 days
2
Active listings
2
Months of inventory
1.0
Avg days on market
53
Sale-to-list ratio
96.39%
Absorption rate
100.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 81.82% · End-user: 18.18% (from 2 sales, 9 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2025-01: 0.0% (3 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $1,229 — +39.45% vs community avg ($881)[premium]
Supply vs demand by unit type (90d)
Sample: 2 active listings · 2 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 2 active / 0 sold · mismatch +100.00%
3br: 0 active / 2 sold · mismatch -100.00%
Concession pattern by unit type (90d)
2br (10 sales) — 90.00% closed with concessions, avg 4.20% below ask
3br (6 sales) — 100.00% closed with concessions, avg 3.33% below ask
Seasonality (annual pattern)
Historically strongest months: Sep, Jan, Nov
Historically weakest months: Jul, Feb, Mar
Annual averages: DOM 42.6d · sale-to-list 96.39% (n=16)
Monthly detail
Jan · 4 sales · DOM 24.0d · STL 96.07%
Feb · 1 sales · DOM 113.0d · STL 99.12%
Mar · 1 sales · DOM 126.0d · STL 93.57%
Jun · 1 sales · DOM 39.0d · STL 96.97%
Jul · 2 sales · DOM 53.0d · STL 94.80%
Aug · 2 sales · DOM 31.5d · STL 97.79%
Sep · 1 sales · DOM 17.0d · STL 96.42%
Oct · 1 sales · DOM 43.0d · STL 96.37%
Nov · 3 sales · DOM 26.0d · STL 96.78%

Market Intelligence

Price per sqft analysis and trends

118 Merchant Wharf

Sale PSF

N/A

Lease PSF

N/A

Waterfront Communities C8

Sale PSF

$1012/sqft

24 sales

Lease PSF

$3.95/sqft/mo

12 leases

Toronto C08

Sale PSF

$884/sqft

93 sales

Lease PSF

$3.92/sqft/mo

29 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
118 Merchant WharfThis Building
——/mo——
Waterfront Communities C8
10123.95/mo2412
Toronto C08
8843.92/mo9329
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$223.96/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Concierge
Day Care
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

Building InsuranceCommon ElementsCondo TaxesParking

Building Reviews

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About 118 Merchant Wharf Condos

118 Merchant Wharf is a premier condominium located at 118 Merchant Wharf N/A, Toronto C08. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 80 units available at 118 Merchant Wharf, with prices averaging around $561K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

118 Merchant Wharf stands out in Toronto C08's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at 118 Merchant Wharf, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Waterfront Communities C8, Toronto C08 and the Toronto area.

Units for Sale at 118 Merchant Wharf

Units for Lease at 118 Merchant Wharf

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