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For sale · Condo Apartment

138 Downes Street #4909.

Waterfront Communities C8, Toronto, ON M5E 0E4

In Sugar Wharf, 138 Downes Street
On the market56 days
MLS® C13739314Courtesy of Bay Street Group Inc.
Bedrooms1
Bathrooms1
Square feet500–599About $996 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$487 / month
Property taxes$2,701 / year
Price per square footAbout $996
ExposureSouth West

About this home

The Iconic Sugar Wharf Condominiums By Menkes! 1 Bedroom Unit with Lake and City Views. Floor-to-Ceiling Windows, 9-Foot Ceilings. Sleek Open-Concept Kitchen with Built-In Miele Appliances. Engineered hardwood floors, quartz countertops. State-of-the-Art Fitness Centre, Indoor Swimming Pool, Party/Meeting Room, Theatre Retreat, Rooftop Terrace with BBQ Area, 7/ 24-hour Security, and Much More. Located on East Bayfront Toronto Waterfront, only Ten Minute Walk to Union Subway Station, with Direct Access to Future P. A.T. H. Steps from Lake Ontario, Sugar Beach, Water's Edge Promenade. Restaurants, LCBO, Loblaw, Farm Boy Supermarket, Trails, and Parks. Locker Included. This fast-growing neighborhood includes East Bayfront's bustling innovation corridor, anchored by the Waterfront Innovation Centre. Nearby TTC bus stop on Queens Quay East to downtown Toronto, 5 mins drive to Gardiner Expressway!

Suite details

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The suiteproperty type, style, size, exposure
Property type
Condo Apartment
Style
Apartment
Size
500–599 sq ft
Exposure
South West
Heating
Forced Air
Cooling
Central Air
Basement
None
Year built
0-5
Possession
November 26, 2026
Parking and storageparking, garage, locker
Parking
0
Garage
None
Locker
None
Fees and taxesmaintenance, property taxes, price per sq ft
Maintenance
$487/mo
Property taxes
$2,701 (2026)
Price per sq ft
$997
Building and rulesstoreys in building, pets
Storeys in building
41
Pets
Yes-with Restrictions
Rooms4 rooms with sizes
RoomLevelSizeFeatures
KitchenFlatlaminate · b/i stove · b/i fridge
Dining RoomFlatlaminate · combined w/living · large window
Living RoomFlatlaminate · combined w/living · large window
Primary BedroomFlatlaminate · large window · large closet
What is includedAppliances and fixtures

B/I Fridge, Cooktop, S/S Oven, Microwave, B/I Dishwasher, Front Load Washer/Dryer, Hood Fan,All Existing Light Fixtures.

Building amenitiesconcierge, gym, lap pool
  • Concierge
  • Gym
  • Lap Pool
  • Party Room/Meeting Room
  • Media Room

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® C13739314Bay Street Group Inc.Data last updated Sep 3, 2026 1:44 am.

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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