Listed for:Listed 1 day ago
$499,000

Unit 806, 138 Downes Street

Toronto (Waterfront Communities), ON M5E 0E4

Condo Apartment For Sale
Sugar Wharf exteriorSugar WharfSee every listing here
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 806, 138 Downes Street, Toronto, Waterfront Communities

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 806, 138 Downes Street, Toronto, Waterfront Communities

Summarized Description

  • Stunning waterfront residence in downtown Toronto
  • Bright 2-bedroom, 2-bathroom suite
  • Open-concept layout with modern finishes
  • Proximity to Sugar Beach and Harbourfront
  • Strong rental potential for investors
  • Exceptional amenities for residents
  • Ideal for first-time buyers or end-users
  • Convenient access to downtown attractions

Welcome To Sugar Wharf By Menkes - A Stunning East-Facing 696 Sq.Ft. 2-Bedroom, 2-Bathroom Waterfront Residence In The Heart Of Toronto's Most Exciting Downtown Community! This Bright And Efficient Suite Features Soaring 9-Ft Ceilings, An Open-Concept Kitchen/Living Layout, Engineered Hardwood Floors, Stone Countertops, Stainless Steel Appliances, Ensuite Laundry, And Two Full Bathrooms For Exceptional Everyday Comfort. Residents Enjoy The Best Of "The Lake, The Life, The City" - Steps To Sugar Beach, Harbourfront, Loblaws, Farm Boy, LCBO, St. Lawrence Market, Union Station, The Financial District, CN Tower, Parks, Shops, Restaurants, Schools, And Future PATH Connection. Built By Reputable Developer Menkes, Sugar Wharf Offers Outstanding Amenities Including 24-Hour Concierge, Fitness Centre/Membership, Indoor Pool, Basketball Court, Party Room, Theatre Room, Kids/Arts Rooms, Arcade Room, Outdoor Terrace With BBQ Area, And More. With Strong Rental Cash Flow Potential And Exceptional Downtown Convenience, This Is An Ideal Opportunity For Investors, First-Time Home Buyers, Or End-Users Seeking A Vibrant Waterfront Lifestyle. Do Not Miss!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,299
Land Transfer Tax Fee
$12,910

Condo/Maintenance Fee

Maintenance Fee
$685 /month

Included In Maintenance Fee

  • Common Elements Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Laundry Level
Main Level
Interior Extras
None
Security Features
Carbon Monoxide Detectors, Concierge/Security, Heat Detector, Smoke Detector
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
None

Building Amenities

  • BBQs Allowed
  • Concierge
  • Exercise Room
  • Gym
  • Party Room/Meeting Room
  • Rooftop Deck/Garden

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
New
Condo Corp Number
3039

Construction

Exposure
East
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
Fridge, Stove, Dishwasher, Washer & Dryer, All Existing Elfs & Window Coverings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Washrooms

  • 4-piece, Main
  • 3-piece, Main

Area
Toronto C08
Municipality
Toronto
Neighbourhood
Waterfront Communities
Main cross streets
Queens Quay & Cooper
Directions
Paid parking on street

MLS® number
C14033832
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-14
Updated on
2026-10-14
Days on market
1 day
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
BAY STREET GROUP INC.

Home Market Value

Current home valuation for Unit 806, 138 Downes Street, Toronto, Waterfront Communities, Toronto, ON. Listed for $499,000

HOMEH Estimate

?

$548,900

Estimated Sales Range

?

$433,631 - $664,169

HOMEH Estimate for Unit 806, 138 Downes Street, Toronto, Waterfront Communities

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

$548,900Medium confidence
Based on 5 comparable properties
− $49,900 (9%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number
Approximate location — within this area
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,962$13,922$11,876$0
=Total mortgage
$493,012$463,022$436,026$399,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,407monthly$2,261monthly$2,129monthly$1,949monthly
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Land Transfer Tax

Provincial

$6,455

Municipal (Toronto)

$6,455

Total Land Transfer Tax

$12,910

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