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For sale · Common Element Condo

138 Downes Street #3507.

Waterfront Communities C8, Toronto, ON M5E 0E4

In Sugar Wharf, 138 Downes Street
On the market74 days
MLS® C13679484Courtesy of Homelife New World Realty Inc.
Bedrooms2
Bathrooms2
Square feet700–799About $1,224 per sq ft
ParkingNoneLocker: None

Buyer's market

Condo market in Waterfront Communities C8. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 42 days. Market data

Sales-to-new-listings ratio, last 3 months: 39%
Months of supply: 5.3

What it means

  • Buyer's market in Waterfront Communities C8: condos take about 42 days to sell.
  • About 5.3 months of condos for sale in Waterfront Communities C8 at the current pace of sales.

At a glance

Maintenance$761 / month
Property taxes$3,914 / year
Price per square footAbout $1,224
ExposureSouth East

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.

Suite details

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The suiteproperty type, style, size, exposure
Property type
Common Element Condo
Style
Apartment
Size
700–799 sq ft
Exposure
South East
Heating
Forced Air
Cooling
Central Air
Basement
None
Year built
0-5
Possession
Tbd
Parking and storageparking, garage, locker
Parking
0
Garage
None
Locker
None
Fees and taxesmaintenance, property taxes, price per sq ft
Maintenance
$761/mo
Property taxes
$3,914 (2025)
Price per sq ft
$1,225
Building and rulesstoreys in building, pets
Storeys in building
28
Pets
Yes-with Restrictions
Rooms5 rooms with sizes
RoomLevelSizeFeatures
Primary BedroomFlat2.93 × 2.87 mlaminate · w/o to balcony · 4 pc ensuite
KitchenFlat6.04 × 3.96 mlaminate · backsplash · combined w/dining
Living RoomFlat6.04 × 3.96 mlaminate · w/o to balcony · open concept
Dining RoomFlat6.04 × 3.96 mlaminate · closet · combined w/kitchen
Bedroom 2Flat3.32 × 2.68 mlaminate · window · closet
Building amenitiesexercise room, guest suites, gym
  • Exercise Room
  • Guest Suites
  • Gym
  • Party Room/Meeting Room
  • Rooftop Deck/Garden

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

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  • Mortgage—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

16 suites sold at Sugar Wharf in the last two years.

Sales activity in the building

Number of suites sold each quarter.

1 sold, Jan to Mar 2025 1 Jan–Mar 2025 3 sold, Apr to Jun 2025 3 Apr–Jun 2025 2 sold, Jul to Sep 2025 2 Jul–Sep 2025 5 sold, Oct to Dec 2025 5 Oct–Dec 2025 0 Jan–Mar 2026 2 sold, Apr to Jun 2026 2 Apr–Jun 2026 2 sold, Jul to Sep 2026 2 Jul–Sep 2026 0 Oct–Dec 2026 so far

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Sale and listing history

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The building and the area

Sugar Wharf

The building

Sugar Wharf

138 Downes Street · 6 storeys

Gym · Party Room/Meeting Room · Concierge · Exercise Room

11For sale now
8For rent now
7Sold, last 12 months

Listing brokerage · MLS® C13679484Homelife New World Realty Inc.Data last updated Aug 15, 2026 2:56 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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