Listed for:Listed Aug 19, 2026
$1,450,000

Unit 5306, 138 Downes Street

Toronto (Waterfront Communities), ON M5E 0E4

Condo Apartment For Sale
Sugar Wharf exteriorSugar WharfSee every listing here
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Sale & Price History for Unit 5306, 138 Downes Street, Toronto, Waterfront Communities

No listing history available

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About Unit 5306, 138 Downes Street, Toronto, Waterfront Communities

Summarized Description

  • Luxury corner unit with stunning water views.
  • Spacious open concept layout with 3 bedrooms.
  • Includes 1 parking space and 1 locker.
  • Large balcony for outdoor enjoyment.
  • Walking distance to shops and restaurants.
  • Close to major transit routes and landmarks.
  • Direct access to future park and schools.
  • Located in Toronto's largest waterfront community.

Sugar Wharf Luxury Condo by Menkes! Beautiful Corner Unit With Excellent South/East Water View, Marina Model 1,011 Sq. Ft. + 393 Sq. Ft Balcony (1,401 Sq. Ft.) Bright & Spacious Open Concept 3 Bedrooms Plus 3 Bathrooms. 1 Parking & 1 Locker, Internet included in the Maint. Fee. Step Away from Sugar Beach, Shops, Restaurant, Farm Boy, Loblaws, LCBO, Walking Distance to George Brown College, St. Lawrence Market, Union Station, CN Tower, Close To Gardiner /QEW. Direct Access To Future Park & Schools. Live in the Largest Toronto Water Front Community.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,450
Land Transfer Tax Fee
$50,950

Condo/Maintenance Fee

Maintenance Fee
$1,220 /month

Included In Maintenance Fee

  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Laundry Level
Main Level
Interior Extras
Carpet Free
View
Lake
Security Features
Alarm System, Concierge/Security, Security Guard
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open
Exterior Extras
Security Gate
Accessibility Features
None

Building Amenities

  • Party Room/Meeting Room
  • Gym
  • Bike Storage
  • Concierge
  • Exercise Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
0-5
Condo Corp Number
3039

Construction

Exposure
South East
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
Stainless Steel Appliances, Fridge, Stove, Micro-wave, Washer & Dryer, Vertical Blinds, One Parking & One Locker

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Unit
C15
Locker Number
C15
Locker Level
Level 3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
3
Washrooms
3
Kitchens
1

Room sizes

  • Bedroom 2—
    Flat level, 3 Pc Ensuite, Closet, Laminate
  • Primary Bedroom—
    Flat level, Laminate, 4 Pc Ensuite, Large Closet
  • Dining Room—
    Flat level, Laminate, Combined w/Living, Overlook Water
  • Dining Room—
    Flat level, Laminate, W/O To Balcony, Overlook Water
  • Kitchen—
    Flat level, Modern Kitchen, Stainless Steel Appl, Combined w/Living
  • Bedroom 3—
    Flat level, 3 Pc Bath, Closet, Laminate

Washrooms

  • 4-piece, Flat
  • 3-piece, Flat

Municipality
Toronto
Neighbourhood
Waterfront Communities
Main cross streets
Yonge St./Queens Quay E
Zoning
Residential
Directions
Yonge St. /Lake Shore Blvd.
Waterfront
WaterfrontCommunity

MLS® number
C13694280
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-19
Updated on
2026-10-16
Days on market
58 days
Possession date
2026-09-20
Possession type
Flexible
Co-op commission
2.5% +HST
Seller
Listed by
RE/MAX CROSSROADS REALTY INC.

Home Market Value

Current home valuation for Unit 5306, 138 Downes Street, Toronto, Waterfront Communities, Toronto, ON. Listed for $1,450,000

HOMEH Estimate

?

$1,203,552

Estimated Sales Range

?

$950,806 - $1,456,298

HOMEH Estimate for Unit 5306, 138 Downes Street, Toronto, Waterfront Communities

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,203,552Medium confidence
Based on 15 comparable properties
+ $246,448 (20%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $950,000 over $500K

Minimum down payment

$120,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$53,186$40,455$34,510$0
=Total mortgage
$1,382,836$1,345,455$1,267,010$1,160,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,752monthly$6,569monthly$6,186monthly$5,664monthly
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Land Transfer Tax

Provincial

$25,475

Municipal (Toronto)

$25,475

Total Land Transfer Tax

$50,950

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