$918,000
138 Downes Street 3507, Toronto, ON M5E 0E4
Waterfront Communities C8 · Toronto · M5E 0E4
Listing brokerage: HOMELIFE NEW WORLD REALTY INC.
- Beds
- 2
- Baths
- 2
- Sq ft
- 700–799
- Parking
- 0
Monthly costs
Maintenance
$761/mo
$1.01 per sq ft
Property taxes
$326/mo
$3,914 a year (2025)
About $1,087 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Building Insurance
- Covered: Common Elements
- Not covered: Heat
- Not covered: Hydro
- Not covered: Water
- Not covered: Air conditioning
Bills not covered are paid by the owner.
The unit
- Exposure
- South East
- Parking
- None
- Locker
- None
- Balcony
- Open
- Laundry
- Ensuite
- Age
- New
- Possession
- TBD
The building
138 Downes Street 3507
Waterfront Communities C8
- 4 for sale
- 8 for rent
About this home
Experience the best of waterfront living surrounded by breathtaking lake views and the energy of downtown Toronto.This luxurious 2-year-new 2-bedroom, 2-bathroom suite features 778 sq. ft. of elegant interior space and a stunning 337 sq. ft. wraparound balcony, offering panoramic lake and city views from the living room, both bedrooms, and the balcony.Ideally located in the heart of Toronto's Lakeshore community, just steps from Union Station, Loblaws, LCBO, St. Lawrence Market, the Gardiner Expressway, the Financial District, and the Entertainment District. This AAA location delivers an exceptional combination of convenience, lifestyle, and luxury.
All details24 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Size
- 700-799 sq ft
Features
- Carpet Free
Building & Amenities
- Floor
- 28
- Property management
- Menres Property Management
Amenities
- Exercise Room
- Guest Suites
- Gym
- Party Room/Meeting Room
- Rooftop Deck/Garden
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Other
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Exterior & Lot
- Style
- Apartment
- Exterior
- Brick, Concrete
Taxes & Fees
- HST
- Not Subject to HST
Listing
- MLS® number
- C13679484
- Type
- Common Element Condo
- Transaction
- For Sale
- New construction
- Yes
- Neighbourhood
- Waterfront Communities C8
- Cross streets
- Lakeshore Blvd & Downes St
Rooms · 7Kitchen, Dining Room, Living Room, Primary Bedroom, Bedroom 2, Washroom ×2
Kitchen
Flat
6.04 × 3.96 m · 19′10″ × 13′0″
Laminate, Backsplash, Combined w/Dining, Kitchen
Dining Room
Flat
6.04 × 3.96 m · 19′10″ × 13′0″
Laminate, Closet, Combined w/Kitchen, Dining Room
Living Room
Flat
6.04 × 3.96 m · 19′10″ × 13′0″
Laminate, W/O To Balcony, Open Concept, Living Room
Primary Bedroom
Flat
2.93 × 2.87 m · 9′7″ × 9′5″
Laminate, W/O To Balcony, 4 Pc Ensuite, Primary Bedroom
Bedroom 2
Flat
3.32 × 2.68 m · 10′11″ × 8′10″
Laminate, Window, Closet, Bedroom 2
4-piece washroom
Flat
3-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
138 Downes Street 3507, Toronto, ON M5E 0E4 · Near Lakeshore Blvd & Downes St
Monthly cost
Estimated monthly cost
$5,151/mo
- Mortgage
- $4,065
- Property tax
- $326
- Maintenance
- $761
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$215,755
$183,600 down + $32,155 to $33,405 in closing costs
- Ontario land transfer tax
- $14,835
- Toronto land transfer tax
- $14,835
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $193
- Condo fee adjustment
- $442
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$918,000
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