1602 - 138 Downes Street

Introducing an exceptional opportunity to acquire a stunning apartment for sale in Toronto , located at 138 Downes Street, Toronto. This luxurious Sugar Wharf Condo, developed by Menkes, is a prime example of modern urban living. The apartment boasts a bright and spacious layout, featuring one bedroom and a den, along with two bathrooms, making it an ideal choice for individuals or couples seeking a sophisticated living space in the heart of the city.

Spanning approximately 700 square feet of interior living space, this apartment for sale in Toronto is designed with a functional open-concept layout that maximises both comfort and style. The floor-to-ceiling windows flood the space with natural light, offering unobstructed views of Toronto's iconic skyline. The generous 110 square foot open balcony provides an additional outdoor space, perfect for enjoying a morning coffee or unwinding in the evening while taking in the sights and sounds of the vibrant city below.

The kitchen in this apartment for sale in Toronto is a sleek, modern design, complete with integrated appliances and elegant quartz countertops. It is perfect for those who enjoy cooking and entertaining. The primary bedroom features an ensuite bathroom, ensuring privacy and convenience, while the den serves as a versatile space that can be utilised as a home office or a second bedroom, depending on your needs.

Situated in the desirable Waterfront Communities C8 area, the location of 138 Downes Street, Toronto, is simply unbeatable. Residents can enjoy a wealth of world-class amenities, including a 24-hour concierge service, a well-equipped gym, and a rooftop terrace that provides stunning views of the surrounding area. Although this apartment does not include a pool or fireplace, the extensive amenities and the vibrant community more than compensate for these features.

Accessibility is another key advantage of this apartment for sale in Toronto. It is conveniently located just steps away from essential services such as Farm Boy, Sugar Beach, Loblaws, and Shoppers Drug Mart. For those who commute, Union Station and the Financial District are only minutes away, with easy access to major highways, making this location ideal for professionals and city dwellers alike.

The building itself is constructed from durable concrete, ensuring both longevity and a modern aesthetic. While the apartment is unfurnished, this allows new owners the freedom to personalise their space according to their taste and style. The absence of a central vacuum system, additional land, and garage space may seem like drawbacks; however, the underground garage type does provide a secure parking option, albeit with no designated parking space included.

This apartment for sale in Toronto at 138 Downes Street, Toronto, is a rare find that combines luxury, convenience, and a prime location. With a total of four rooms, including the den, and two bathrooms, it is perfectly suited for those looking to embrace a cosmopolitan lifestyle in one of Canada’s most vibrant cities. The central air conditioning ensures a comfortable environment throughout the year, while the forced air heating system provides warmth during the colder months.

In summary, this remarkable apartment for sale in Toronto offers an unparalleled living experience in the bustling Waterfront Communities C8. With its modern design, prime location, and array of amenities, it is an opportunity not to be missed. Whether you are a first-time buyer or looking to invest in a property that embodies the essence of city living, 138 Downes Street, Toronto, is the perfect choice for you. Don't miss out on the chance to make this exquisite apartment your new home.

Waterfront Communities C8, nestled along the vibrant shores of Lake Ontario in Toronto, is a dynamic and picturesque neighbourhood that seamlessly blends urban living with natural beauty. This area boasts a stunning waterfront promenade, offering residents scenic views and ample opportunities for outdoor activities such as walking, cycling, and enjoying the parks that dot the shoreline. With a rich mix of modern condominiums, trendy cafes, and cultural attractions, including the iconic Harbourfront Centre, C8 is a hub of activity and creativity. Its proximity to the downtown core ensures easy access to the city's bustling amenities, while the serene lakeside atmosphere provides a refreshing escape from the urban hustle, making it an ideal place for those seeking a vibrant yet tranquil lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.4 km, you will find Downtown Alternative School, a well-rated public school (8.4) offering grades JK to 8, and St. Michael Catholic School, an elementary school with a solid rating of 7.1. A short distance away at 0.5 km is Kapapamahchakwew - Wandering Spirit School, catering to grades 9 to 12, although it currently has no rating. For families seeking French-language education, Ryerson Community School is available 2.6 km away, offering grades JK to 8, but with a lower rating of 3.8. St. Joseph's College School, also 2.7 km away, provides a Catholic education for grades 9 to 12 with a rating of 7.6, while St. Mary Catholic School, also at 2.7 km, offers French-language instruction for grades JK to 4 with a rating of 5.7. Overall, the area boasts a variety of schooling options across different educational boards and languages, ensuring that families can find suitable educational pathways for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,617 residents, with an average household size of 1.7 individuals. The demographic profile indicates a relatively young community, with an average age of 37.4 years. The average household income is notably high at $167,200, although 14.9% of the population falls under the low-income bracket. The real estate market reflects this affluence, with an average property price of $1,252,000. The community is characterized by a significant proportion of singles, comprising 45.95% of the population, while households with children make up 20.93%. Immigrants represent a substantial 41.46% of the residents, contributing to the area's cultural diversity. Renters dominate the housing landscape, accounting for 56.32% of the population, and all housing is in the form of condominiums. Education levels are impressively high, with 87.13% of residents holding a college or university degree, while 13.53% are not in the labor force. This combination of factors creates a vibrant, educated, and diverse community that is attractive for both living and investment.