$499,000
138 Downes Street 806, Toronto, ON M5E 0E4
Waterfront Communities C8 · Toronto · M5E 0E4
Listing brokerage: BAY STREET GROUP INC.
- Beds
- 2
- Baths
- 2
- Sq ft
- 600–699
- Parking
- 0
Monthly costs
Maintenance
$685/mo
$1.05 per sq ft
Property taxes
$275/mo
$3,299 a year (2026)
About $960 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Common Elements
- Not covered: Heat
- Not covered: Hydro
- Not covered: Water
- Not covered: Air conditioning
Bills not covered are paid by the owner.
The unit
- Exposure
- East
- Parking
- None
- Locker
- None
- Balcony
- None
- Laundry
- Ensuite
- Age
- New
- Possession
- Immed.
The building
138 Downes Street 806
Waterfront Communities C8
- 4 for sale
- 8 for rent
About this home
Welcome To Sugar Wharf By Menkes - A Stunning East-Facing 696 Sq.Ft. 2-Bedroom, 2-Bathroom Waterfront Residence In The Heart Of Toronto's Most Exciting Downtown Community! This Bright And Efficient Suite Features Soaring 9-Ft Ceilings, An Open-Concept Kitchen/Living Layout, Engineered Hardwood Floors, Stone Countertops, Stainless Steel Appliances, Ensuite Laundry, And Two Full Bathrooms For Exceptional Everyday Comfort. Residents Enjoy The Best Of "The Lake, The Life, The City" - Steps To Sugar Beach, Harbourfront, Loblaws, Farm Boy, LCBO, St. Lawrence Market, Union Station, The Financial District, CN Tower, Parks, Shops, Restaurants, Schools, And Future PATH Connection. Built By Reputable Developer Menkes, Sugar Wharf Offers Outstanding Amenities Including 24-Hour Concierge, Fitness Centre/Membership, Indoor Pool, Basketball Court, Party Room, Theatre Room, Kids/Arts Rooms, Arcade Room, Outdoor Terrace With BBQ Area, And More. With Strong Rental Cash Flow Potential And Exceptional Downtown Convenience, This Is An Ideal Opportunity For Investors, First-Time Home Buyers, Or End-Users Seeking A Vibrant Waterfront Lifestyle. Do Not Miss!
All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Size
- 600-699 sq ft
Building & Amenities
- Elevator
- Yes
- Floor
- 8
- Property management
- MenRes
Amenities
- BBQs Allowed
- Concierge
- Exercise Room
- Gym
- Party Room/Meeting Room
- Rooftop Deck/Garden
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C14033832
- Type
- Condo Apartment
- Transaction
- For Sale
- Cross streets
- Queens Quay & Cooper
- Co-listing brokerage
- BAY STREET GROUP INC.
- Neighbourhood
- Waterfront Communities C8
Rooms · 2Washroom ×2
4-piece washroom
Main
3-piece washroom
Main
History
Past listings and sales for this home and building.
Location
138 Downes Street 806, Toronto, ON M5E 0E4 · Near Queens Quay & Cooper
Monthly cost
Estimated monthly cost
$3,169/mo
- Mortgage
- $2,209
- Property tax
- $275
- Maintenance
- $685
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
$115,120
$99,800 down + $15,320 to $16,570 in closing costs
- Ontario land transfer tax
- $6,455
- Toronto land transfer tax
- $6,455
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $163
- Condo fee adjustment
- $398
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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The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$499,000
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