Salehian.com 647-325-5000

138 Downes Street 5306

Waterfront Communities C8, Toronto, M5E 0E4 · More in this building

$1,450,000

Reduced $140,000 from $1,590,000

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  • 3 bedrooms
  • 3 bathrooms
  • 1 parking
  • 1000-1199 sq ft

Listed 61 days ago · MLS® C13694280

About this home

Sugar Wharf Luxury Condo by Menkes! Beautiful Corner Unit With Excellent South/East Water View, Marina Model 1,011 Sq. Ft. + 393 Sq. Ft Balcony (1,401 Sq. Ft.) Bright & Spacious Open Concept 3 Bedrooms Plus 3 Bathrooms. 1 Parking & 1 Locker , Internet included in the Maint. Fee. Step Away from Sugar Beach, Shops, Restaurant, Farm Boy, Loblaws, LCBO , Walking Distance to George Brown College, St. Lawrence Market, Union Station, CN Tower, Close To Gardiner /QEW. Direct Access To Future Park & Schools. Live in the Largest Toronto Water Front Community.

Details

Type
Condo Apartment
Style
Apartment
Age
0-5 years
Size
1000-1199 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$7,450 (2026)
Maintenance fee
$1,220/month
Neighbourhood
Waterfront Communities C8
Municipality
Toronto C08
Price per sq ft
$1,319 (46% above condo apartments in Waterfront Communities C8, $901)
Fee per sq ft
$1.11/month (Toronto median $0.92)

Interior

Bedrooms
3 above ground
Bathrooms
1 × 4-piece (flat), 2 × 3-piece (flat)
Rooms
6 above ground
Family room or den
No
Fireplace
No
Laundry
In-Suite Laundry, Ensuite
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete
Age
0-5 years
Outdoor
Security Gate
Waterfront
WaterfrontCommunity

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Underground

Condo

Monthly fee
$1,220
Fee includes
Common Elements Included, Building Insurance Included
Amenities
Party Room/Meeting Room, Gym, Bike Storage, Concierge, Exercise Room
Locker
Owned (level Level 3)
Balcony
Open
Exposure
South East
View
Lake
Pets
Yes-with Restrictions
Security
Alarm System, Concierge/Security, Security Guard
Property manager
MenRes Property Management Inc.

More

Possession
TBA/09/19/2026
Nearby
Clear View, Park, Public Transit, School
Cross street
Yonge St./Queens Quay E

Rooms

RoomLevelSizeFeatures
Dining RoomFlat6.04 × 3.96 m (19'10" × 13')Laminate, W/O To Balcony, Overlook Water
Dining RoomFlat6.04 × 3.96 m (19'10" × 13')Laminate, Combined w/Living, Overlook Water
KitchenFlat6.04 × 3.96 m (19'10" × 13')Modern Kitchen, Stainless Steel Appl, Combined w/Living
Primary BedroomFlat3.07 × 2.74 m (10'1" × 9')Laminate, 4 Pc Ensuite, Large Closet
Bedroom 2Flat2.86 × 2.82 m (9'5" × 9'3")3 Pc Ensuite, Closet, Laminate
Bedroom 3Flat3.32 × 1 m (10'11" × 3'3")3 Pc Bath, Closet, Laminate

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Union Subway11 min walk
  • 🚇 King Subway11 min walk
  • 🚆 Toronto Union Station GO11 min walk

Within a 10-minute walk: 19 grocery stores, 213 cafés and restaurants, 20 parks, 16 pharmacies. Nearest grocery: Farm Boy (50 m). Nearest park: 50 Queens Quay East Park (150 m).

Schools nearby

Elementary

  • Downtown Alternative School6 min walk
  • St. Michael Catholic School Catholic
    EQAO: Gr 6 reading 83%, math 36%    7 min walk
  • Market Lane Junior and Senior Public School
    EQAO: Gr 6 reading 94%, math 50%    13 min walk
  • Saint Michael's Choir School Catholic1.3 km

Secondary

  • Inglenook Community School
    EQAO: literacy test 50%    1.5 km
  • Contact Alternative School1.9 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5E

Owners / renters
42% / 58%
Median household income
$98,000
Average age
40
Children under 15
6%
Homes
0% detached, 99% high-rise
Commute by transit
17%
Population
11,779

Languages spoken most at home besides English: Mandarin 3.3%, Yue (Cantonese) 1.1%, Spanish 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in St Lawrence-East Bayfront-The Islands (2025): about the Toronto average, down 13% from the year before.

  • Assault38% above average
  • Break and enterabout average
  • Auto theft89% below average
  • Robbery23% above average
  • Theft from vehicles23% below average
  • Shootings45% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 17 active

  • 1 YONGE ST · 300 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Proposed Official Plan Amendment and Zoning By-law Amendment applications contemplate the redevelopment of the Subject Site with two towers having heights of…
    Application details
  • 7 YONGE ST · 300 m
    Plan of Condominium · Draft Plan Approved · applied 2025
    Draft Plan of Phased Condominium for 958 residential dwelling units.
    Application details
  • 1 YONGE ST · 300 m
    Site Plan · Under Review · applied 2022
    PHASE 3 - This Site Plan Approval application for Phase 3 proposes a 95-storey tower with a gross floor area of 93148sqm.
    Application details
  • 1 YONGE ST · 300 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2022
    The proposed applications seek to amend By-law No. 248- 2020 (LPAT) (which introduced the 1-7 Yonge Site and Area Specific Policy) and to amend site-specific…
    Application details
  • 178 QUEENS QUAY E · 350 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    Zoning By-law Amendment Application to lift the "H"" Holding Symbol that currently applies to the subject site.
    Application details
  • 1 YONGE ST · 300 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval for Phase 4 & 5 of the One Yonge Development, consisting of two non-residential towers having heights of 22 and 40-storeys, respectively.…
    Application details

21 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

Coming transit

  • 🚧 Distillery District 1.0 km
  • 🚧 Queen 1.1 km
  • 🚧 Moss Park 1.1 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 2 sources nearby

  • 🛣️ Gardiner Expressway150 m
  • 🚆 Rail line (Union Station Rail Corridor)200 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Trees

0 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX CROSSROADS REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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