138 Downes Street, Unit PH101, Toronto, ON

$2,600/mo
MLS#:C12238677
2 beds
2 baths
600-699 sqft
Residential Condo & Other
Residential Condo & Other for sale - 2 Bed, 2 Bath Home at 138 Downes Street Toronto ON listed at $2,600 (MLS# C12238677) - Main View
Leased
This property was leased on June 25, 2025. Listing is for reference only.

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Added:Jun 22, 2025(447 days ago)
Updated:Jun 25, 2025(444 days ago)
Last Checked:10 minutes ago

Property Highlights

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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,600 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 600-699 sqft
  • Features a apartment, none basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Built-In Oven, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Luxury Penthouse Sugar Wharf Condo Unit. fabulous night city view. Highest unit in the Tower ! 10 Ft Ceiling. New Financial District. 698SF with 110SF balcony . 2 full Bathrooms. Enjoy spacious and elegant living in this 1 bedroom + den with 2 bath unit at The Sugar Wharf, built by Menkes. This unit features two full bathrooms, a 10ft ceiling, an open concept living and dining area, and a full size balcony with vertical blinds. The den can easily accommodate a second bedroom. The modern kitchen comes with integrated appliances. The location is unbeatable: you are steps away from Union Station, Gardiner Expressway, Loblaws, St Lawrence Market, and the Financial and Entertainment Districts. LCBO and grocery stores are within a 2-minute walk.

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Property Summary

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This condo apartment located at 138 Downes Street, Toronto is currently for sale and has been available on SousaSells for 447 days. This property is listed at $2,600 with an estimated mortgage of $9* per month. It has 2 beds, 2 bathrooms, and is 600-699 square feet. 138 Downes Street, Toronto is in the Waterfront Communities C8 neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterfront Communities C8, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

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Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

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StatusLeased
Price$2,600/mo
AddedJun 22, 2025 (447 days ago)
UpdatedJun 25, 2025 (444 days ago)
Last Checked10 minutes ago
Transaction TypeFor Lease
List Office NameMEHOME REALTY (ONTARIO) INC.

Property Details

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Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementApartment, None
CountyToronto

Parking & Garage

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Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

None listed

Interior Features

  • Built-In Oven
  • Carpet Free

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Frequently Asked Questions about 138 Downes Street, Unit PH101, Toronto, ON

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Q.What is the asking price for 138 Downes Street, Unit PH101, Toronto, ON ?

The current listing price for 138 Downes Street, Unit PH101, Toronto, ON in Waterfront Communities C8, Toronto is $2,600.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 600-699 sqft.

Q.What property type and architectural style is 138 Downes Street, Unit PH101, Toronto, ON ?

138 Downes Street, Unit PH101, Toronto, ON is a Condo Apartment (Apartment) featuring a Apartment, None basement.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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138 Downes Street, Unit PH101, Toronto, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterfront Communities C8, Toronto

SAFETY RATING8.2 / 10
Low Incident Area
Total Annual Incidents344 incidents / yr
Average Per Month28.7 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

161 assaults (45.0/100k)

Property Security
Low

43 B&E (40.0/100k)

Auto Theft Risk
Low Risk

60 thefts (45.0/100k)

1-Year Trend
â–Ľ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Condo Complex Overview

138 Downes Street Condos

138 Downes Street Toronto, Toronto

Built 19924.0 RatingView Building Page

Why 138 Downes Street Stands Out in Toronto’s Condo Market

Cross‑Street Connectivity and Walk Score

The building sits just steps from the intersection of Dundas Street West and Queensway, giving residents instant access to a network of streetcars, bus routes, and the nearby Dundas West TTC station. Walk Score metrics place this address in the upper‑tier of urban walkability, meaning you can grab a coffee, pick up groceries, or catch a subway without relying on a car. For anyone searching condos for sale at 138 Downes Street Toronto, this proximity translates into daily convenience that many downtown high‑rise complexes simply cannot match.

TTC and GO Access Within Minutes

From the front lobby you’re a two‑minute walk to the 504/505 streetcar corridor, and a short stroll leads to the Harbourfront GO station for commuters heading east or west. The ease of hopping on public transit reduces commute times to the Financial District, the airport, and the suburbs, a factor that consistently drives buyer interest in this micro‑neighbourhood. Real‑world data shows that units within a five‑minute walk of these transit arteries tend to appreciate faster than those further inland.

Local Dining and Café Culture

The surrounding West End has blossomed into a culinary hotspot, with independent eateries, brunch spots, and specialty coffee shops clustered around College Street and Bloorcourt Village. Residents of 138 Downes Street can enjoy a quick sushi roll at Sakana, a wood‑fired pizza at Pizzeria Via', or a quiet work session at The Coffee Fetish without venturing far. This vibrant food scene not only enriches daily life but also adds a premium to the building’s perceived value when compared with more sterile high‑rise complexes.

Green Spaces and Community Vibe

Just a block east lies Gage Park, a well‑maintained green space featuring playgrounds, walking paths, and seasonal outdoor concerts. The park serves as a communal gathering point, fostering a neighborly atmosphere that is increasingly rare in the GTA. For families and professionals alike, the ability to step outside for a jog or a weekend picnic without leaving the neighbourhood enhances the lifestyle appeal of these condos.

School Catchment Performance

Families evaluating condos for sale at 138 Downes Street Toronto often prioritize school districts. The building falls within the catchment of St. Christopher Elementary and Parkdale Collegiate, both of which have demonstrated steady academic outcomes and active parent‑teacher associations. Strong school performance can lift resale values and attract long‑term owners who value stability.

Parking, Storage, and Suite Layout

The building offers underground parkade spaces allocated on a first‑come, first‑served basis, and each unit includes a dedicated storage locker. Suite layouts range from compact one‑bedrooms to spacious two‑bedrooms with open‑concept living areas, floor‑to‑ceiling windows, and private balconies that overlook the quiet residential street. Noise isolation is reinforced by double‑pane windows, addressing a common pain point in older high‑rise towers.

Maintenance Fees and Hidden Costs

Monthly maintenance fees cover exterior upkeep, 24‑hour security, and building‑wide utilities, but residents should verify any additional charges for visitor parking or amenity upgrades. Transparent fee structures are a hallmark of well‑managed condo corporations, and the SOUSA TEAM regularly advises clients to request the latest financial statements before committing.

Market Pricing versus Automated Estimates

Online price engines often overestimate or underestimate unit values based on limited data. A nuanced evaluation by local experts reveals that current listings for similar suites at 138 Downes Street hover around $650,000 to $800,000, depending on floor level and view. This realistic pricing range helps buyers avoid overpaying and sellers position their property competitively.

The Ideal Buyer Profile

Given the blend of urban accessibility, community amenities, and solid investment fundamentals, the ideal buyer is a young professional seeking a walkable lifestyle, a downsizer looking for low‑maintenance living, or an investor targeting steady rental demand in a neighbourhood poised for continued growth.

If you’re ready to explore condos for sale at 138 Downes Street Toronto, contact Tony Sousa & The SOUSA TEAM for a custom building evaluation, off‑market alerts, or a confidential unit valuation tailored to your goals.

Pricing & Value Insights

Data-driven valuation for 138 Downes Street PH101, Toronto C08, ON M5E 0E4

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Waterfront Communities C8, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C8, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$801,851

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Waterfront Communities C8, Toronto

Elementary Schools

Downtown Alternative
Public85 Lower Jarvis Street, Toronto, Ontario, M5E 1R8
8.0
Market Lane
Public246 The Esplanade, Toronto, Ontario, M5A 4J6
5.1
Brown
Public3 Lower Jarvis Street, Toronto, Ontario, M5E 1Z2
7.0
Gabrielle-Roy
Public14 Pembroke Street, Toronto, Ontario, M5A 2N7
8.9
Nelson Mandela Park
Public440 Shuter Street, Toronto, Ontario, M5A 1X6
1.6

Secondary Schools

Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Waterfront Communities C8, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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