PH103 - 138 Downes Street

Introducing an exceptional opportunity to acquire a stunning condo for sale in Toronto , situated at 138 Downes Street, Toronto. This remarkable penthouse residence, located in the prestigious "Sugar Wharf" development by Menkes, epitomises luxury living in the heart of the vibrant Waterfront Communities C8 area. With its expansive open concept design, this two-bedroom, two-bathroom corner suite is the perfect blend of style and functionality, offering a remarkable lifestyle for discerning buyers.

As you enter this exquisite condo for sale in Toronto, you are greeted by an impressive layout that boasts 798 square feet of luxurious living space. The modern design features soaring 10-foot ceilings, which create an airy and spacious atmosphere throughout the home. The gleaming laminate flooring adds a touch of elegance, enhancing the overall aesthetic. The heart of the home is undoubtedly the gorgeous kitchen, equipped with built-in appliances, a large centre island with a breakfast bar, and a convenient pantry. This space is perfect for both casual dining and entertaining guests.

The inviting living room flows seamlessly from the kitchen, providing a comfortable area to relax and unwind. With a walkout to the expansive wrap-around balcony, measuring an impressive 324 square feet, you can enjoy breathtaking lake views to the south and panoramic city skyline views to the north and east. This outdoor space is ideal for al fresco dining or simply soaking up the sun while enjoying the stunning surroundings.

The primary bedroom is a true sanctuary, featuring a walk-in closet and a three-piece ensuite bathroom, along with its own access to the balcony. The second bedroom is generously sized, providing ample space for guests or family members. A bright three-piece main bathroom serves the suite, ensuring convenience for all residents. Additionally, the in-suite laundry facilities add to the practicality of this remarkable home.

This condo for sale in Toronto not only offers a luxurious living experience but also a wealth of top-tier amenities. Residents can take advantage of guest suites, a hammock lounge, a kids' party room and play area, a theatre, and games and hobby/art rooms. For those who enjoy socialising, the party room and music room provide excellent spaces for gatherings. Furthermore, the inclusive membership to "Unity Fitness" grants access to a gym, pool, basketball court, hot yoga, cycling studio, and much more, ensuring that fitness and leisure are always within reach.

Convenience is paramount at 138 Downes Street, Toronto, with transit and shopping options just moments away. The underground parking space is an added benefit, providing secure and easy access to your vehicle. Additionally, the unit comes with one locker for extra storage needs. Internet is included in the maintenance fee, making this condo for sale in Toronto not only luxurious but also practical.

It is important to note that this residence is unfurnished, allowing you to personalise the space to suit your taste. However, it can be sold furnished if desired, providing flexibility for potential buyers. The visitors' metered parking in P1 ensures that your guests will always have a place to park when they come to visit.

In summary, this exceptional condo for sale in Toronto at 138 Downes Street, Toronto, represents a unique opportunity to experience penthouse living at its finest. With its stunning views, modern amenities, and prime location, this property is a must-see for anyone seeking a luxurious urban lifestyle. Don’t miss out on the chance to make this remarkable residence your new home.

Waterfront Communities C8 is a vibrant and dynamic area nestled along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This waterfront enclave is characterised by its modern high-rise condominiums, bustling promenades, and lush parks, providing residents with stunning views of the lake and the city skyline. The area is well-connected by public transport and boasts an array of amenities, including trendy cafes, restaurants, and cultural attractions such as the Harbourfront Centre. With its lively atmosphere and recreational opportunities, Waterfront Communities C8 is an ideal locale for those seeking a cosmopolitan lifestyle while enjoying the serene beauty of lakeside living.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it a great choice for families. Within a short distance of just 0.4 km, you will find Downtown Alternative School, a public institution rated 8.4, offering grades JK to 8. Also nearby is St. Michael Catholic School, another elementary school with a solid rating of 7.1, providing a Catholic education for grades JK to 8. Just 0.5 km away is Kapapamahchakwew - Wandering Spirit School, catering to grades 9 to 12, although it currently holds a rating of 0. For older students, St. Joseph's College School, located 2.6 km away, offers a Catholic education for grades 9 to 12 with a respectable rating of 7.6. Additionally, Ryerson Community School, which provides French language instruction for grades JK to 8, is 2.6 km from the property but has a lower rating of 3.8. Lastly, St. Mary Catholic School, 2.7 km away, serves grades JK to 4 and is rated 5.7. Overall, the area boasts a mix of public and Catholic schools, ensuring a variety of educational options for families.

Key Statistics of the Neighbourhood

The area surrounding the property boasts a population of 1,617 residents, characterized by a relatively small average household size of 1.7 individuals. The community has a median age of 37.4 years, reflecting a youthful demographic. With an impressive average household income of $167,200, the area presents a mix of affluence and economic diversity, although 14.9% of the population is classified as low-income. The housing market is robust, with an average property price of $1,252,000, and the community is predominantly composed of condominiums, making up 100% of the housing stock. The social fabric includes a significant portion of single individuals at 45.95%, while households with children represent 20.93% of the population. The area is notably diverse, with 41.46% of residents being immigrants. Renters comprise a substantial majority at 56.32%, indicating a dynamic rental market. Educational attainment is high, with 87.13% of the population holding college or university degrees, while 13.53% are not participating in the labor force. This demographic profile highlights a vibrant, educated community with a blend of economic backgrounds and living arrangements.