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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C8
  • 138 Downes Street
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  • Sold Sold in Oct 2025
  • Condo Apt

1509 - 138 Downes Street

Toronto, Waterfront Communities C8
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 656,900
2.66%
Listed Price: $ 639,900
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Key Facts About 1509 - 138 Downes Street, Toronto

  • Tax $3,031 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $591.12
  • Size 700 - 799 feet²
  • Listing # C12447423
  • Data Source PROPTX
  • Days on Market 13
  • Listed On 06/10/2025
  • Updated On 21/10/2025
  • Market Demand
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Description

A Must See Lake View Unit! Welcome to Sugar Wharf Condos by Menkes. This stunning 1+1 which den could be use as a second bedroom suite boasts expansive floor-to-ceiling windows, sleek wide-plank flooring, an airy open-concept layout, and a spacious terrace with breathtaking, unobstructed views of Lake Ontario. Upon entering the foyer, youll find a double closet and a beautifully designed 4-piece bathroom. The gourmet kitchen is complete with top-of-the-line built-in appliances and a contemporary backsplash. The generous living space includes a

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Property Details of 1509 - 138 Downes Street, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C8
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 5
  • Family Rooms Y
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete

Parking

  • Drive Way None
  • Garage 0
  • Total Parking Places 0

Land

  • Cross Street Yonge/Lake Shore

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Our Estimate

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Estimated Rent

$ 2,848

Rental Yield

4.98%

School Score

7.9/10

Rental Score

5/5

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Rooms

Living Room (3.45 metre)
Dining Room
Level: Flat
Dining Room (3.45 metre)
Kitchen
Level: Flat
Kitchen (2.9 metre)
Primary Bedroom
Level: Flat
Primary Bedroom (2.84 metre)
Den
Level: Flat
Den (2.84X2.44 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,160

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $591
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1509 - 138 Downes Street, Toronto

Welcome to your new home at 138 Downes Street, Toronto, a stunning condo for sale in Toronto that you absolutely must see! Nestled in the vibrant Waterfront Communities C8 area, this fabulous 1+1 unit at Sugar Wharf Condos by Menkes offers a perfect blend of modern living and breathtaking views. With its expansive floor-to-ceiling windows, you’ll be greeted by an abundance of natural light that fills the airy open-concept layout, making it a delightful space to call your own.

As you step into the foyer, you’ll appreciate the convenience of a double closet, providing ample storage for your belongings. The main bathroom is a beautifully designed 4-piece, exuding a spa-like ambiance that’s perfect for unwinding after a long day. This condo for sale in Toronto truly caters to your comfort and style.

The heart of this home is undoubtedly the gourmet kitchen, which is complete with top-of-the-line built-in appliances and a sleek contemporary backsplash. Whether you’re whipping up a quick breakfast or hosting a dinner party, this kitchen is sure to impress. The generous living space flows seamlessly from the kitchen, featuring wide-plank flooring that adds a touch of elegance. From here, you can access the spacious terrace, where you can enjoy unobstructed views of Lake Ontario. Imagine sipping your morning coffee or entertaining friends while taking in the stunning scenery—this terrace is a real gem!

This condo boasts one bedroom and a den, which can easily be transformed into a second bedroom suite, perfect for guests or as a home office. The bedroom itself features ample closet space, ensuring you have plenty of room for all your storage needs. With two bathrooms in total, you’ll never have to worry about sharing, making this unit ideal for both individuals and couples.

One of the standout features of this condo for sale in Toronto is the central air conditioning, keeping you cool during those hot summer months. While there’s no pool or fireplace, the building offers a range of amenities that more than make up for it. You’ll have access to 24-hour concierge service, a fully equipped fitness centre, yoga studios, and even a basketball court! For those who enjoy socialising, the collaborative workspaces, games lounge, music and art rooms, and private theatres provide plenty of opportunities to connect with neighbours and friends.

The location of 138 Downes Street, Toronto, is simply unbeatable. Just steps away from Union Station, Sugar Beach, and a variety of shops including Loblaws and Farm Boy, you’ll have everything you need right at your doorstep. Plus, with Scotiabank Arena and the Financial District nearby, you’re perfectly positioned to enjoy the best of city life.

It’s worth noting that this condo does not come furnished, giving you the freedom to decorate and style your new home to your taste. There’s also no central vacuum system, but with a bit of creativity, you can easily maintain the space without it. Additionally, there’s no garage space or parking included, but with the vibrant community around you, public transport options are plentiful.

In summary, if you’re in the market for a condo for sale in Toronto, look no further than this incredible unit at 138 Downes Street, Toronto. With its stunning views, modern amenities, and prime location, it’s an opportunity not to be missed. Come and see for yourself—this could be the perfect place to start your next chapter!

Waterfront Communities C8 is a vibrant and dynamic area located along Toronto's picturesque waterfront, offering a unique blend of urban living and natural beauty. This community is characterised by its stunning views of Lake Ontario, well-maintained parks, and a lively promenade that invites leisurely strolls and outdoor activities. Residents enjoy easy access to a variety of amenities, including trendy restaurants, boutique shops, and cultural attractions, all within a short distance. The area is well-connected by public transport, making it convenient for commuting to the bustling heart of the city. With its modern residential developments and a strong sense of community spirit, Waterfront Communities C8 presents an appealing option for those seeking a lively yet serene urban lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of just 0.4 km, you will find Downtown Alternative School, a well-rated public school catering to grades JK to 8, with a commendable school rating of 8.4. Additionally, St. Michael Catholic School, also just 0.4 km away, offers a strong elementary education in a Catholic setting, rated at 7.1. For older students, Kapapamahchakwew - Wandering Spirit School is located 0.5 km away, serving grades 9 to 12, though it currently has a lower rating. Other nearby options include Ryerson Community School, 2.6 km away, which offers French instruction for grades JK to 8, and St. Joseph's College School, 2.7 km away, providing Catholic education for grades 9 to 12 with a rating of 7.6. Lastly, St. Mary Catholic School, also 2.7 km away, serves younger students up to grade 4 in French. Overall, the area boasts a variety of educational opportunities across different grade levels and educational philosophies, ensuring that families have access to quality schooling options.

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 community is relatively young, with an average age of 37.4 years. The economic landscape is robust, reflected in an average household income of $167,200, although 14.9% of the population falls under the low-income category. The average property price in the area is $1,252,000, indicating a high-value real estate market. Socially, the demographic is diverse, with 45.95% of residents identifying as single and 20.93% living in households with children. A significant portion of the population, 41.46%, are immigrants, contributing to the area's multicultural environment. Renters make up 56.32% of the housing demographic, with all residences being condominiums. Education levels are notably high, with 87.13% of residents holding a college or university degree, while 13.53% are not participating in the labor force. This combination of factors paints a picture of a vibrant, educated community with a mix of families and young professionals, making it an attractive location for potential buyers or investors.

FAQs About 1509 - 138 Downes Street, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 700 - 799.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 138 Downes Street?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $591.12.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1509 - 138 Downes Street, Toronto

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Listing History

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