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 $728,000 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.
Downtown Lakeview Condo! Sugar Wharf Condominiums By Menkes. Unique Unit East Exposure. Enjoy a spectacular lake view from your large L-shaped balcony. Beautiful "Atlantic" Model. 798 sqft Interior And 324 sqft Balcony. Open Concept 2 Bedroom & 2 Full Bathrooms. Steps Away From Sugar Beach & Restaurants. Farm Boy, Loblaws, LCBO, Direct Access To Future Path & School. Live In The Best And The Largest Toronto Waterfront Community. **Note: virtual staging of the living room and the primary bedroom just for reference**.Don't Miss This Incredible Opportunity!
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This condo apartment located at 138 Downes Street, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $728,000 with an estimated mortgage of $2,423* per month. It has 2 beds, 2 bathrooms, and is 700-799 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.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C8, Toronto.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
None listed
The current listing price for 138 Downes Street, Unit 3, Toronto, ON in Waterfront Communities C8, Toronto is $728,000.
This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.
138 Downes Street, Unit 3, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Key property features include: Clear View, Lake/Pond, Park, Public Transit.
Interior highlights include: Carpet Free.
Security features include: Smoke Detector, Concierge/Security.
Yes, this property offers parking space for 0.0 vehicle (Underground).
Heating is provided via Gas and cooling via Central Air.
Request a live agent video tour or get 3D virtual walkthrough access for 138 Downes Street, Unit 3, Toronto, ON .
138 Downes Street Toronto, Toronto
The building sits just steps from the intersection of Dundas Street West and Queensway, giving residents instant access to a network of streetcars, bus routes, and the nearby Dundas West TTC station. Walk Score metrics place this address in the upper‑tier of urban walkability, meaning you can grab a coffee, pick up groceries, or catch a subway without relying on a car. For anyone searching condos for sale at 138 Downes Street Toronto, this proximity translates into daily convenience that many downtown high‑rise complexes simply cannot match.
From the front lobby you’re a two‑minute walk to the 504/505 streetcar corridor, and a short stroll leads to the Harbourfront GO station for commuters heading east or west. The ease of hopping on public transit reduces commute times to the Financial District, the airport, and the suburbs, a factor that consistently drives buyer interest in this micro‑neighbourhood. Real‑world data shows that units within a five‑minute walk of these transit arteries tend to appreciate faster than those further inland.
The surrounding West End has blossomed into a culinary hotspot, with independent eateries, brunch spots, and specialty coffee shops clustered around College Street and Bloorcourt Village. Residents of 138 Downes Street can enjoy a quick sushi roll at Sakana, a wood‑fired pizza at Pizzeria Via', or a quiet work session at The Coffee Fetish without venturing far. This vibrant food scene not only enriches daily life but also adds a premium to the building’s perceived value when compared with more sterile high‑rise complexes.
Just a block east lies Gage Park, a well‑maintained green space featuring playgrounds, walking paths, and seasonal outdoor concerts. The park serves as a communal gathering point, fostering a neighborly atmosphere that is increasingly rare in the GTA. For families and professionals alike, the ability to step outside for a jog or a weekend picnic without leaving the neighbourhood enhances the lifestyle appeal of these condos.
Families evaluating condos for sale at 138 Downes Street Toronto often prioritize school districts. The building falls within the catchment of St. Christopher Elementary and Parkdale Collegiate, both of which have demonstrated steady academic outcomes and active parent‑teacher associations. Strong school performance can lift resale values and attract long‑term owners who value stability.
The building offers underground parkade spaces allocated on a first‑come, first‑served basis, and each unit includes a dedicated storage locker. Suite layouts range from compact one‑bedrooms to spacious two‑bedrooms with open‑concept living areas, floor‑to‑ceiling windows, and private balconies that overlook the quiet residential street. Noise isolation is reinforced by double‑pane windows, addressing a common pain point in older high‑rise towers.
Monthly maintenance fees cover exterior upkeep, 24‑hour security, and building‑wide utilities, but residents should verify any additional charges for visitor parking or amenity upgrades. Transparent fee structures are a hallmark of well‑managed condo corporations, and the SOUSA TEAM regularly advises clients to request the latest financial statements before committing.
Online price engines often overestimate or underestimate unit values based on limited data. A nuanced evaluation by local experts reveals that current listings for similar suites at 138 Downes Street hover around $650,000 to $800,000, depending on floor level and view. This realistic pricing range helps buyers avoid overpaying and sellers position their property competitively.
Given the blend of urban accessibility, community amenities, and solid investment fundamentals, the ideal buyer is a young professional seeking a walkable lifestyle, a downsizer looking for low‑maintenance living, or an investor targeting steady rental demand in a neighbourhood poised for continued growth.
If you’re ready to explore condos for sale at 138 Downes Street Toronto, contact Tony Sousa & The SOUSA TEAM for a custom building evaluation, off‑market alerts, or a confidential unit valuation tailored to your goals.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 138 Downes Street 5103, 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 $728,000 in Toronto, the legal minimum down payment is $47,800 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 $11,035 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,035 also applies, bringing the total estimated land transfer taxes to $22,070.
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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.