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Condo ApartmentListed 8 days ago

$580,000

138 Downes Street PH212, Toronto, ON M5E 0E4

Waterfront Communities C1 · Toronto · M5E 0E4

Listing brokerage: SUNSHINE REALTY BROKERAGE INC.

Beds
1
Baths
1
Sq ft
500–599
Parking
1

Monthly costs

Maintenance

$662/mo

$1.20 per sq ft

Property taxes

$343/mo

$4,110 a year (2026)

About $1,004 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Common Elements
  • Covered: Building Insurance
  • Not covered: Heat
  • Not covered: Hydro
  • Not covered: Water
  • Not covered: Air conditioning

Bills not covered are paid by the owner.

The unit

Exposure
North West
Parking
1 spot · Underground
Locker
Owned
Balcony
Open
Laundry
Ensuite
Age
0-5 years
Possession
Immediate

The building

138 Downes Street PH212

Waterfront Communities C1

  • 4 for sale
  • 8 for rent

About this home

Experience elevated waterfront living at Sugar Wharf Condos by Menkes, one of Toronto's most dynamic and fast-growingcommunities. Perfectly positioned just moments from Union Station, the Financial District, Sugar Beach, and everyday essentials like Loblawsand Farm Boy, this location offers a seamless blend of lifestyle and convenience.This bright one-bedroom suite features a thoughtfullydesigned open-concept layout, enhanced by wide-plank flooring and expansive floor-to-ceiling windows that fill the space with natural light.The living and dining area flows effortlessly onto a generous terrace, where unobstructed views of Lake Ontario create a truly impressivebackdrop.The kitchen presents a clean, modern aesthetic with integrated appliances and a sleek backsplash, while the welcoming foyerincludes a practical double closet for added storage. The bedroom is well-proportioned with ample closet space, and the spa-inspiredbathroom delivers a calm, refined atmosphere.Residents enjoy access to an exceptional range of amenities, including a 24-hour concierge,fitness centre, yoga studios, basketball court, co-working spaces, games lounge, music and art rooms, as well as private theatres.

All details26 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
1
Bathrooms
1
Kitchens
1
Rooms
5
Size
500-599 sq ft

Building & Amenities

Elevator
Yes
Floor
64
Property management
Menkes Property Management

Amenities

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

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
1

Exterior & Lot

Style
Apartment
Exterior
Concrete
Water body
Lake Ontario

Taxes & Fees

HST
Included In

Listing

MLS® number
C13869862
Type
Condo Apartment
Transaction
For Sale
Cross streets
Yonge / Lakeshore
Neighbourhood
Waterfront Communities C1
Co-listing brokerage
SUNSHINE REALTY BROKERAGE INC.
Rooms · 5Bedroom, Living Room, Kitchen, Bathroom, Washroom
  • Bedroom

    Flat

    2.67 × 3.45 m · 8′9″ × 11′4″

    B/I Closet

  • Living Room

    Flat

    4.57 × 6.71 m · 15′0″ × 22′0″

    W/O To Balcony

  • Kitchen

    Flat

    3.50 × 1.20 m · 11′6″ × 3′11″

    B/I Dishwasher, B/I Appliances

  • Bathroom

    Flat

    1.50 × 2.40 m · 4′11″ × 7′10″

    4 Pc Ensuite

  • 4-piece washroom

History

Past listings and sales for this home and building.

Location

138 Downes Street PH212, Toronto, ON M5E 0E4 · Near Yonge / Lakeshore

Monthly cost

Estimated monthly cost

$3,572/mo

Mortgage
$2,568
Property tax
$343
Maintenance
$662
Down payment$116,000 · 20%
Interest rate4.50%

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

$134,587

$116,000 down + $18,587 to $19,837 in closing costs

Ontario land transfer tax
$8,075
Toronto land transfer tax
$8,075
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$203
Condo fee adjustment
$384

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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The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$580,000

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