
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $549,000 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.
Stunning 1-bedroom suite for sale at the highly acclaimed Sugar Wharf Condos! Built by Menkes, this bright & modern unit offers an ultra-functional layout with zero wasted space. Features floor-to-ceiling windows, high-end integrated appliances, and a private balcony. Live steps from the lakefront, Sugar Beach, Loblaws, Farm Boy, LCBO, and transit. Phenomenal future value with upcoming direct access to the underground PATH system. World-class building amenities include a luxury fitness center, indoor lap pool, full basketball court, co-working spaces, and 24hr concierge. An exceptional opportunity for first-time buyers or savvy investors looking for guaranteed high demand. A must-see!
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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 $549,000 with an estimated mortgage of $1,827* per month. It has 1 bed, 1 bathroom, and is 500-599 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.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
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The current listing price for 138 Downes Street, Unit 11, Toronto, ON in Waterfront Communities C8, Toronto is $549,000.
This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.
138 Downes Street, Unit 11, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Interior highlights include: Carpet Free.
Yes, this property offers parking space for 0.0 vehicle (None).
Heating is provided via Gas and cooling via Central Air.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 138 Downes Street 6212, Toronto, ON M5E 0E4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $549,000 in Toronto, the legal minimum down payment is $29,900 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 $7,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,455 also applies, bringing the total estimated land transfer taxes to $14,910.
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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.