Condo at Toronto Harbour’s edge sells near asking price

DONE DEAL Condo at Toronto Harbour’s edge sells near asking price SYDNIA YU TORONTO SPECIAL TO THE GLOBE AND MAIL PUBLISHED YESTERDAY COMMENTS SHARE SAVE FOR LATER Listen to this article Learn more about audio Log in or create a free account to listen to this article. 118 Merchants’ Wharf, No. 1012, Toronto Asking price: $2,849,000 (May, 2026) Selling price: $2,825,000 (May, 2026) Taxes: $19,478 (2025) Days on the market: 14 Listing agents: Robert Greenberg and Amir Kiabi, Harvey Kalles Real Estate Ltd. Open this photo in gallery: The home has as an unobstructed south-facing view of Lake Ontario. HARVEY KALLES REAL ESTATE LTD. The action This 2,147-square-foot suite in an L-shaped building called Aquabella at Queens Quay and Parliament Street has unobstructed south-facing water views. The corner unit also has more space than average and many high-end finishes. Within days, the sellers received a conditional offer that was just $24,000 shy of the asking price. “We sold it fairly quickly,” said agent Robert Greenberg. “People were actually waiting if the deal didn’t go through with this person. “The unit was spectacular, all upgraded with Japanese [style] Kohler toilets, and a terrace with a hot tub and a fire pit overlooking Lake Ontario.” Open this photo in gallery: The unit has two bedrooms, plus a den. HARVEY KALLES REAL ESTATE LTD. The sale of the five-year-old unit, trading for roughly $1,315 per square foot, was helped by attractive added assets including two storage lockers, four parking spots and a separate private hobby room. “There was one unit below, not as large, and it sold for significantly less money,” Mr. Greenberg said. “That unit also had two parking spaces, but we had four parking spaces.” Open this photo in gallery: The living and dining area has access to a terrace facing south and west. HARVEY KALLES REAL ESTATE LTD. What they got This two-bedroom-plus-den unit has windows in each room, including the enclosed den, and balconies off the bedrooms. The combined living and dining area has access to a terrace facing south and west. It was finished with stone tiles and wood decking, as well as a barbecue station and a hot tub. The kitchen has marble finishes and Miele appliances. There are three bathrooms and a laundry room with a sink. Monthly fees of $2,327 cover concierge and use of building amenities, such as a gym, rooftop deck and pool but do not include utilities. Open this photo in gallery: HARVEY…