138 Downes Street, Unit PH212, Toronto, ON

$580,000
MLS#:C13869862
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
Residential Condo & Other for sale - 1 Bed, 1 Bath Home at 138 Downes Street Toronto ON listed at $580,000 (MLS# C13869862) - Main View
For Sale
Added:Oct 6, 2026(1 day ago)
Updated:Oct 7, 2026(today)
Last Checked:25 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $580,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience elevated waterfront living at Sugar Wharf Condos by Menkes, one of Toronto's most dynamic and fast-growingcommunities. Perfectly positioned just moments from Union Station, the Financial District, Sugar Beach, and everyday essentials like Loblawsand Farm Boy, this location offers a seamless blend of lifestyle and convenience.This bright one-bedroom suite features a thoughtfullydesigned open-concept layout, enhanced by wide-plank flooring and expansive floor-to-ceiling windows that fill the space with natural light.The living and dining area flows effortlessly onto a generous terrace, where unobstructed views of Lake Ontario create a truly impressivebackdrop.The kitchen presents a clean, modern aesthetic with integrated appliances and a sleek backsplash, while the welcoming foyerincludes a practical double closet for added storage. The bedroom is well-proportioned with ample closet space, and the spa-inspiredbathroom delivers a calm, refined atmosphere.Residents enjoy access to an exceptional range of amenities, including a 24-hour concierge,fitness centre, yoga studios, basketball court, co-working spaces, games lounge, music and art rooms, as well as private theatres.

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Property Summary

This condo apartment located at 138 Downes Street, Toronto is currently for sale and has been available for 1 day. This property is listed at $580,000 with an estimated mortgage of $1,931* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 138 Downes Street, Toronto is in the Waterfront Communities C1 neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterfront Communities C1, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Price$580,000
Maintenance Fee$661.68/mo
AddedOct 6, 2026 (1 day ago)
UpdatedOct 7, 2026 (today)
Last Checked25 minutes ago
Transaction TypeFor Sale
List Office NameSUNSHINE REALTY BROKERAGE INC.

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$4,110

Parking & Garage

Parking Total1.0
Parking Space1
Garage Parking1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • None

Security Features

  • Concierge/Security
  • Smoke Detector

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Toronto Home Buyer Advisory & Market HubActive MLS® Listing in Toronto, Ontario

Looking to Buy a Home in Toronto?

If you are looking for a house in Toronto or researching Toronto real estate for sale, this 1-bedroom condo apartment at 138 Downes Street, Unit PH212, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Toronto Homes for Sale & MLS® Listings

Browse all verified Toronto real estate listings, compare active Toronto houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Toronto Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Toronto Buyer Budget & Costs

Estimated mortgage: $1,931*/month*. Estimated Ontario Land Transfer Tax: $16,150. First-time Toronto home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Toronto

Frequently Asked Questions about 138 Downes Street, Unit PH212, Toronto, ON

Q.What is the asking price for 138 Downes Street, Unit PH212, Toronto, ON ?

The current listing price for 138 Downes Street, Unit PH212, Toronto, ON in Waterfront Communities C1, Toronto is $580,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 138 Downes Street, Unit PH212, Toronto, ON ?

138 Downes Street, Unit PH212, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What security features are installed at 138 Downes Street, Unit PH212, Toronto, ON ?

Security features include: Concierge/Security, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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138 Downes Street, Unit PH212, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterfront Communities C1, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

138 Downes Street Condos

138 Downes Street Toronto, Toronto

Built 19924.0 RatingView Building Page

Why 138 Downes Street Stands Out in Toronto’s Condo Market

Cross‑Street Connectivity and Walk Score

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.

TTC and GO Access Within Minutes

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.

Local Dining and Café Culture

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.

Green Spaces and Community Vibe

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.

School Catchment Performance

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.

Parking, Storage, and Suite Layout

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.

Maintenance Fees and Hidden Costs

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.

Market Pricing versus Automated Estimates

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.

The Ideal Buyer Profile

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.

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Pricing & Value Insights

Data-driven valuation for 138 Downes Street PH212, Toronto, ON M5E 0E4

Estimated Sales Range
$551,000 - $568,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$174,000 (30.0%)
* Minimum Canadian down payment required for this price is $33,000.
Amortization Period30 Years
Estimated Monthly Payment$1,931Based on a loan of $406,000 over 30 years.
Purchase Price$580,000
Loan Amount$406,000
Provincial Land Transfer Tax:$8,075
Toronto Municipal Land Transfer Tax:$8,075
Total Estimated Closing Taxes:$16,150

About Purchasing a Home in Toronto, ON

For a property listed at $580,000 in Toronto, the legal minimum down payment is $33,000 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 $8,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,075 also applies, bringing the total estimated land transfer taxes to $16,150.

Similar Listings in Waterfront Communities C1, Toronto

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Waterfront Communities C1, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$976,472

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Waterfront Communities C1, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Waterfront Communities C1, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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