Condo for sale at 5311-138 Downes Street, Toronto, Ontario, M5E 0E4 - Waterfront Communities C8 - MLS: C12556580

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5311-138 Downes Street

Toronto, Ontario, M5E 0E4 - Waterfront Communities C8

$555,000

Neighbourhood

Waterfront Communities C8
Major Intersection

Queens Quay E & Cooper St

Listed Since: 2 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

1
Square Feet

500-599
Exposure

South West
Total Parking

n/a
Maintenance

$487
Taxes

$2,907.35 (2025)
Balcony

Open

Property Description

Property description for 5311-138 Downes Street, Toronto

Corner unit at Sugar Wharf, 138 Downes Street. Functional layout with floor-to-ceiling windows and contemporary finishes. The unit provides exposure that allows for both sunrise and sunset views, with clear sightlines toward Lake Ontario and the CN Tower. Includes a 189 sq ft terrace with dual exposure. Open-concept living and kitchen area with built-in appliances. Building amenities include fitness centre, indoor pool, party room, rooftop terrace and 24-hour concierge. Located within walking distance to Union Station, Financial District, Sugar Beach, grocery stores and public transit.

Listed by FIRST CLASS STARLINK REALTY

Property details

MLS #

C12556580
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

0-5
Basement

None
View

City, Lake
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

MenRes Property Management Inc
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12556580
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

0-5
Basement

None
View

City, Lake
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

MenRes Property Management Inc
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

0.0 x 0.0 ft Flat level

W/O To Balcony, Window Flr to Ceil, Combined W/Dining
Dining

0.0 x 0.0 ft Flat level

W/O To Balcony, Window Flr to Ceil, Combined W/Living
Kitchen

0.0 x 0.0 ft Flat level

Modern Kitchen, Stainless Steel Appl, Open Concept
Br

0.0 x 0.0 ft Flat level

Window Flr to Ceil, Large Window, Large Closet
Bathroom

0.0 x 0.0 ft Flat level

4 Pc Bath, Soaker

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Condo Apt in Waterfront Communities C8

Active listings

209

Average Selling Price of a Condo Apt

October 2025

$846,379

Last 3 Months

$776,385

Last 12 Months

$773,243

October 2024

$830,280

Last 3 Months LY

$780,992

Last 12 Months LY

$793,691

Change

-1%

Change

-3%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C8

Average Selling Price

3 years ago

$773,297

Average Selling Price

5 years ago

$777,089

Average Selling Price

10 years ago

$458,538

Change

85%

Number of Condo Apt Sold

October 2025

Last 3 Months

Last 12 Months

October 2024

Last 3 Months LY

Last 12 Months LY

Change

-12%

How many days Condo Apt takes to sell (DOM)

October 2025

Last 3 Months

Last 12 Months

October 2024

Last 3 Months LY

Last 12 Months LY

Change

15%

Change

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.