138 Downes Street, Unit 04, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Looking for the most versatile layout at Sugar Wharf condos? Look no further than unit 805! Thoughtfully being utilized as a two bedroom, unit 805 can easily be opened up into a bright and spacious 1+Den! This desirable floor plan offers flexibility for couples, working professionals, and young families alike. Walk into the perfectly sized entrance space that opens up into the large living room. The primary bedroom features an oversized closet with built-ins that more than doubling your storage space! If you enjoy waking up to the sun, you will love the mornings here. The large windows span the length of the unit and pour in tons of natural light. Sugar Wharf has the best in condo amenities; a fitness centre, indoor swimming pool, party room, arts room, arcade room, theatre room, large outdoor terrace with a BBQ area and many more. The location delivers unbeatable convenience. Ownership comes with one Unity Fitness membership! You are just minutes from Union Station and the Financial District. Never walk far for your groceries again with Loblaws, Farm Boy, and the flagship LCBO right across the street. Go for dinner at Simona along the waterfront or grab your morning coffee from Dark Horse Espresso Bar, both a short walk away. Experience waterfront living at it's finest. Available fully furnished. Tenant leaving end of August; earlier possession could be available! **Virtually Staged Photo Showcases Original Layout; Divider can be removed! ** Tenant leaving end of summer!
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Property Summary
This condo apartment located at 138 Downes Street, Toronto is currently for sale and has been available on SousaSells for 28 days. This property is listed at $599,000 with an estimated mortgage of $1,994* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 138 Downes Street, Toronto is in the Waterfront Communities C8 neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C8, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •600-699 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Built-In Oven
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 138 Downes Street, Unit 04, Toronto, ON
Q.What is the asking price for 138 Downes Street, Unit 04, Toronto, ON ?
The current listing price for 138 Downes Street, Unit 04, Toronto, ON in Waterfront Communities C8, Toronto is $599,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.
Q.What property type and architectural style is 138 Downes Street, Unit 04, Toronto, ON ?
138 Downes Street, Unit 04, Toronto, ON is a Common Element Condo (Apartment) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Built-In Oven, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 138 Downes Street 805, Toronto, ON M5E 0E4
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $599,000 in Toronto, the legal minimum down payment is $34,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,455 also applies, bringing the total estimated land transfer taxes to $16,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.