5306 - 138 Downes Street, Toronto, ON M5E 0E4
Waterfront Communities, Toronto · Near Yonge St./Queens Quay E · View map
About this home
Sugar Wharf Luxury Condo by Menkes! Beautiful Corner Unit With Excellent South/East Water View, Marina Model 1,011 Sq. Ft. + 393 Sq. Ft Balcony (1,401 Sq. Ft.) Bright & Spacious Open Concept 3 Bedrooms Plus 3 Bathrooms. 1 Parking & 1 Locker , Internet included in the Maint. Fee. Step Away from Sugar Beach, Shops, Restaurant, Farm Boy, Loblaws, LCBO , Walking Distance to George Brown College, St. Lawrence Market, Union Station, CN Tower, Close To Gardiner /QEW. Direct Access To Future Park & Schools. Live in the Largest Toronto Water Front Community.
The home
- Type
- Condo apartment
- Style
- Apartment
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 3
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 6
- Basement
- None
- Faces
- South East
- Level
- 45
- Balcony
- Open
- View
- Lake
- Laundry
- In-Suite Laundry
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,220.00/mo
- Fee includes
- Common Elements, Building Insurance
- Complex
- TSCC 3039
- Property management
- MenRes Property Management Inc.
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Security
- Alarm System, Concierge/Security, Security Guard
- Exterior
- Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Property taxes
- $7,450/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA/09/19/2026
- Cross street
- Yonge St./Queens Quay E
- Neighbourhood
- Waterfront Communities
More
- Price per sq ft
- ~$1,318 (at 1,100 sq ft)
- MLS® number
- C13694280
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The home and its surroundings
- Carpet Free
- Clear View
- Park
- Public Transit
- School
- Security Gate
Included in the maintenance fee
- Common Elements
- Building Insurance
Shared in the complex
- Party Room/Meeting Room
- Gym
- Bike Storage
- Concierge
- Exercise Room
- 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 Yonge St./Queens Quay E
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Listing history for 138 Downes Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Answers come straight from this home’s MLS® listing.
How much is 5306 - 138 Downes Street listed for, and what would it cost each month?
5306 - 138 Downes Street is listed for $1,450,000. With 20% down ($290,000), the mortgage payment would be roughly $5,849 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $7,690 a month, all in. That figure is an illustration, not a quote.
Is 5306 - 138 Downes Street freehold or a condo, and is there a monthly fee?
5306 - 138 Downes Street is a condo apartment in Waterfront Communities, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,220.00 a month. The listing says it covers common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 5306 - 138 Downes Street have?
5306 - 138 Downes Street has 3 bedrooms and 3 bathrooms.
Does 5306 - 138 Downes Street have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 5306 - 138 Downes Street have a finished basement?
No. The listing shows no basement for this home.
What style of home is 5306 - 138 Downes Street?
5306 - 138 Downes Street is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.
How big is 5306 - 138 Downes Street?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 5306 - 138 Downes Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 5306 - 138 Downes Street?
Property taxes are $7,450 a year (2026), or about $621 a month.
Are pets allowed at 5306 - 138 Downes Street?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 5306 - 138 Downes Street?
5306 - 138 Downes Street is in the Waterfront Communities community of Toronto. The nearest main intersection is Yonge St./Queens Quay E. The postal code is M5E 0E4.
Is 5306 - 138 Downes Street still for sale?
Yes. It is an active listing (MLS® C13694280). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 5306 - 138 Downes Street asking?
Similar condos for sale nearby right now include 7108 - 138 Downes Street at $1,223,000 (2+1 bed), 3507 - 138 Downes Street at $918,000 (2 bed) and 5103 - 138 Downes Street at $828,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 138 Downes Street sold for?
Recent sales, leases and expired listings for this home and others at the same address 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 5306 - 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 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: RE/MAX CROSSROADS REALTY INC.
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.