138 Downes Street 6203

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

$3,300/mo

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  • 2 bedrooms
  • 2 bathrooms
  • 0 parking
  • 700-799 sq ft

Listed 20 days ago · MLS® C13844698

About this home

Located in Toronto's high-demand Waterfront community, this sun-drenched 2-bedroom residence offers a functional open-concept layout with 9ft smooth ceilings, and floor-to-ceiling windows flooding the space with natural light. The sleek chef-inspired kitchen features custom integrated appliances, quartz countertops, a modern backsplash, and ample cabinet storage. Enjoy two gorgeous bedrooms with generous closet space and a private balcony with vibrant city/lake views. Unbeatable waterfront location-walk to Sugar Beach, Farm Boy, Loblaws, LCBO, George Brown College, Financial District, Union Station, and the TTC streetcar network. World-class resort-style amenities include a 24-hour concierge, state-of-the-art fitness center, indoor lap pool, basketball/sports court, party rooms, co-working lounges, and outdoor terraces.

Details

Type
Condo Apartment
Style
Apartment
Size
700-799 sq ft
Basement
None
Garage
Underground
Kitchens
1
Neighbourhood
Waterfront Communities C8
Municipality
Toronto C08
Rent increase limit
Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece, 1 × 3-piece
Rooms
5 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite
Features
Carpet Free
Furnished
Unfurnished

Heating, cooling and services

Heating
Fan Coil, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete

Parking

Driveway and parking
Underground

Condo

Balcony
Open
Exposure
North East
Property manager
Menres Property Management

Rental terms

Rent includes
Building Insurance, Common Elements

More

Possession
Flexible
Cross street
Yonge/Lakeshore

Rooms

RoomLevelSizeFeatures
Living RoomLaminate, Combined w/Dining, W/O To Balcony
Dining RoomCombined w/Living, Laminate
KitchenOpen Concept, Combined w/Dining
Bedroom4 Pc Ensuite, Closet, W/O To Balcony
Bedroom 2Closet, Laminate

History of this address

2 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

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 CONDOWONG REAL ESTATE INC..

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

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