3507 - 138 Downes Street, Toronto, ON M5E 0E4
Waterfront Communities, Toronto · Near Lakeshore Blvd & Downes St · View map
About this home
Experience the best of waterfront living surrounded by breathtaking lake views and the energy of downtown Toronto.This luxurious 2-year-new 2-bedroom, 2-bathroom suite features 778 sq. ft. of elegant interior space and a stunning 337 sq. ft. wraparound balcony, offering panoramic lake and city views from the living room, both bedrooms, and the balcony.Ideally located in the heart of Toronto's Lakeshore community, just steps from Union Station, Loblaws, LCBO, St. Lawrence Market, the Gardiner Expressway, the Financial District, and the Entertainment District. This AAA location delivers an exceptional combination of convenience, lifestyle, and luxury.
The home
- Type
- Common Element Condo · Apartment
- Square footage
- 700-799 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Floor
- 28th
- Exposure
- South East
- Balcony
- Open
- Laundry
- Ensuite
- Approximate age
- 0-5 years
Building & fees
- Maintenance fee
- $760.60/mo
- Fee includes
- Building Insurance, Common Elements
- Condo corporation
- TSCC 3039
- Property management
- Menres Property Management
- Pets
- Allowed, with restrictions
- Locker
- None
- Security
- Concierge/Security
- Exterior
- Brick, Concrete
Heating & cooling
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Parking
- Parking spaces
- None
Taxes & other
- Property taxes
- $3,914/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Lakeshore Blvd & Downes St
- Neighbourhood
- Waterfront Communities
More
- Price per sq ft
- ~$1,224 (at 750 sq ft)
- Listed
- Aug 15, 2026 · 57 days ago
- MLS® number
- C13679484
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Building amenities
- Exercise Room
- Guest Suites
- Gym
- Party Room/Meeting Room
- Rooftop Deck/Garden
Included in the maintenance fee
- Building Insurance
- Common Elements
The unit and its surroundings
- Carpet Free
- Clear View
- Hospital
- Lake/Pond
- Public Transit
- School
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
138 Downes Street, Toronto, ON M5E 0E4
Waterfront Communities, Toronto · Near Lakeshore Blvd & Downes St
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Listing history for 138 Downes Street
See what this unit and others in the building were listed for, what they sold for, and how long it took.
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Frequently asked questions about 3507 - 138 Downes Street
Answers come straight from this condo’s MLS® listing.
How much is 3507 - 138 Downes Street listed for?
3507 - 138 Downes Street is listed for $918,000. With 20% down ($183,600), the mortgage payment would be roughly $3,703 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 3507 - 138 Downes Street have?
3507 - 138 Downes Street has 2 bedrooms and 2 bathrooms.
How big is 3507 - 138 Downes Street?
The listing puts the unit between 700 and 799 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 3507 - 138 Downes Street?
3507 - 138 Downes Street is a common element condo in Waterfront Communities, Toronto. The unit is on the 28th floor, facing south east.
What are the maintenance fees at 3507 - 138 Downes Street, and what do they cover?
The maintenance fee is $760.60 a month. The listing says it covers building insurance, common elements. Fees can change, so confirm the current amount in the status certificate.
Does 3507 - 138 Downes Street come with parking and a locker?
The listing does not include a parking space. There is no locker with the unit.
Are pets allowed at 3507 - 138 Downes Street?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
What amenities does the building have?
The listing names these building amenities: exercise room, guest suites, gym, party room/meeting room, rooftop deck/garden.
How is 3507 - 138 Downes Street heated and cooled?
Heating is forced air. Cooling is central air.
What are the property taxes for 3507 - 138 Downes Street?
Property taxes are $3,914 a year (2025), or about $326 a month.
What neighbourhood is 3507 - 138 Downes Street in?
3507 - 138 Downes Street is in the Waterfront Communities community of Toronto. The nearest main intersection is Lakeshore Blvd & Downes St. The postal code is M5E 0E4.
Is 3507 - 138 Downes Street still for sale?
Yes. 3507 - 138 Downes Street is an active listing (MLS® C13679484), on the market since August 15, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 138 Downes Street sold for?
Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 3507 - 138 Downes Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.