Aqualina at Bayside
55 Merchants' Wharf, Toronto, ON
Available Units in Aqualina at Bayside
3
Units for sale
From $499,999
Listed Jul 1, 2026
Unit 620, 55 Merchants Wharf
Toronto (Waterfront Communities), ON M5A 0P2
Condo ApartmentFor Sale
2
Units for rent
From $2,500/mo
Live MLS · Updated daily
Overview
Property Type
Condo
Price History
20 recordsMarket Stats
—
Avg $/sqft
Steady
YoY change
—
Avg days on market
Location & Walkability
Walk Score
—/100
Daily errands on foot
Transit Score
—/100
TTC, GO, subway access
Bike Score
—/100
Bike lanes & infrastructure
Neighbourhood in Toronto
Waterfront Communities
Waterfront Communities is a vibrant neighborhood in Toronto. It offers a mix of modern living and easy access to the waterfront.
At a glance
Day to dayLivability
97
Walkability
out of 100 · averaged over 136 past and present listings
Average walk score reported on listings here
6.7
Schools near listings
out of 10 · averaged over 8,477 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$598,888
In Waterfront Communities
$598,888
In Toronto
$599,000
In Ontario
$714,900
Median monthly rent
$2,850/mo
In Waterfront Communities
$2,850
In Toronto
$2,650
In Ontario
$2,500
≈ 17.5 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
199
Median $598,888
Condos 199
For rent
179
Median $2,850
Recently sold
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Recently leased
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Market data as of 2026-10-18. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Great for walking and biking
- Young and diverse population
- Strong community feel
- Access to waterfront activities
Keep in mind
- Higher rental prices compared to city median
- Limited options for single-family homes
The feel of the placeLifestyle
Daily life in Waterfront Communities is active and convenient, with many amenities nearby. The area has a lively atmosphere, especially along the waterfront.
Within the boundaryWhat's nearby
The boundary
1.7 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
17
Parks
19
Playgrounds
3
Transit stations
8
Grocery stores
25
Restaurants
23
Cafés
4
Gyms
1
Libraries
5
Pharmacies
Counted across all 1.7 km² of Waterfront Communities. From OpenStreetMap, as of 2026-10-19.
The schoolsWhich schools, and how they rate
5.4/10
Average rating of the 2 rated schools in this area
4
Elementary
St Michael Catholic School
Catholic · Grades JK–8 · Toronto CDSB
7.1/10808th of 3,045 Ontario elementary schools
150 students · EQAO 2024-2025
Market Lane Junior and Senior Public School
Public · Grades JK–8 · Toronto DSB
3.7/104.8 over 5 yrs2,677th of 3,045 Ontario elementary schools
370 students · EQAO 2024-2025
Downtown Alternative School
Public · Grades JK–6 · Toronto DSB
Not rated
115 students
Voice Integrative Private School
Independent
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Waterfront Communities, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
20,223
Population (2021)
1.8 km²
Area
11,371
People per km²
37.1
Median age
$83,791
Median income
37%
Own their home
1.7
People per household
12,275
Households
Every age
- Children (under 15)7.4%
- Working age (15–64)80.4%
- Seniors (65+)12.2%
What is built here
- Townhouses3.4%
- Duplexes0.5%
- Low-rise apartments2.2%
- High-rise apartments93.9%
Own or rent
37%Owners
63%Renters
Across 12,275 households
When it was built
Mostly 2016–2021
- 1960 or earlier2%
- 1961–198011%
- 1981–199014%
- 1991–200014%
- 2001–20052%
- 2006–20106%
- 2011–201520%
- 2016–202131%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 38.1%
- Born outside Canada
- 59.8%
- Hold a degree or higher
- 66.7%
- Employment rate
- 23.1%
- Commute by transit
- 36.8%
- Commute by car
- 1.5
- Children per family
- $70,644
- Median income after tax
- $112,727
- Average household income
- 16.4%
- Living on a low income
- $1,780/mo
- Renters pay, per month
- $2,145/mo
- Owners pay, per month
- $735,677
- Median home value at census
- 37.4%
- Renters spending 30%+ of income on housing
- 32.3%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 12 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry