$548,000
138 Downes Street 4909, Toronto, ON M5E 0E4
Waterfront Communities C8 · Toronto · M5E 0E4
Listing brokerage: BAY STREET GROUP INC.
- Beds
- 1
- Baths
- 1
- Sq ft
- 500–599
- Parking
- 0
Monthly costs
Maintenance
$487/mo
$0.88 per sq ft
Property taxes
$225/mo
$2,701 a year (2026)
About $712 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Air conditioning
- Covered: Common Elements
- Covered: Building Insurance
- Not covered: Heat
- Not covered: Hydro
- Not covered: Water
Bills not covered are paid by the owner.
The unit
- Exposure
- South West
- Parking
- None
- Locker
- None
- Balcony
- Open
- Laundry
- Ensuite
- Age
- 0-5 years
- Possession
- 60-89 days
The building
138 Downes Street 4909
Waterfront Communities C8
- 4 for sale
- 8 for rent
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!
All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 4
- Size
- 500-599 sq ft
Features
- Built-In Oven
- Carpet Free
- Countertop Range
Building & Amenities
- Floor
- 41
- Property management
- Menres Property Managemen
Amenities
- Concierge
- Gym
- Lap Pool
- Party Room/Meeting Room
- Media Room
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Electric
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
- View
- City, Lake
- Waterfront
- Indirect, WaterfrontCommunity
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13739314
- Type
- Condo Apartment
- Transaction
- For Sale
- Cross streets
- Lakeshore / Yonge
- Co-listing brokerage
- BAY STREET GROUP INC.
- Neighbourhood
- Waterfront Communities C8
Rooms · 5Living Room, Dining Room, Kitchen, Primary Bedroom, Washroom
Living Room
Flat
Laminate, Combined w/Living, Large Window
Dining Room
Flat
Laminate, Combined w/Living, Large Window
Kitchen
Flat
Laminate, B/I Stove, B/I Fridge
Primary Bedroom
Flat
Laminate, Large Window, Large Closet
4-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
138 Downes Street 4909, Toronto, ON M5E 0E4 · Near Lakeshore / Yonge
Monthly cost
Estimated monthly cost
$3,138/mo
- Mortgage
- $2,426
- Property tax
- $225
- Maintenance
- $487
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
$126,736
$109,600 down + $17,136 to $18,386 in closing costs
- Ontario land transfer tax
- $7,435
- Toronto land transfer tax
- $7,435
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $133
- Condo fee adjustment
- $283
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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$548,000
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