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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 $650,000 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.
Welcome to Suite 6901 at 138 Downes. A soaring 69th-floor retreat at Sugar Wharf that pairs luxury finishes with jaw-dropping views and amenities that rival five-star hotels. With 698 sq ft inside + 110 sq ft of outdoor living, this 1+1 is more than a condo, it's a statement. From the moment you walk in, the light pulls you forward. 10' ceilings and floor-to-ceiling windows frame an ever-changing canvas of the Financial District, St. Lawrence Market, and Lake Ontario. Whether you're sipping your morning coffee or entertaining at night, the view is always on. Inside, the space is dialed-in for modern living. The kitchen is a dream: built-in Miele appliances, marble backsplash, LG microwave, custom range hood, and pantry drawers that slide like butter. The layout flows effortlessly, with a spacious living area, two full baths, wide-plank floors, and a den large enough to become a guest room, creative studio, or your home office escape. The private balcony wraps you in the sky, a front-row seat to Toronto's skyline magic. And unlike most, this suite comes with a dedicated locker, giving you the rare bonus of extra storage. But the true lifestyle flex? It's what's included in your maintenance fees. It unlocks full access to Unity Gym, a 45,000 sq ft state-of-the-art fitness club (valued at $242/month), plus Bell Fibe 1.5 Gbps internet (valued at $110/month). Add in a heated indoor pool, sport courts, co-working lounges, rooftop gardens, party rooms, kids zone, guest suites, and 24/7 concierge, and you're living in a resort that just happens to be your home. Sugar Wharf is more than an address, its a waterfront village in the sky. With Union Station, the PATH, Sugar Beach, Farm Boy, LCBO, and the energy of downtown just outside your door, you're always plugged in and always above it all.
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Carpet Free
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Data-driven valuation for 138 Downes Street 6901, Toronto C08, ON M5E 0E4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $650,000 in Toronto, the legal minimum down payment is $40,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,475 also applies, bringing the total estimated land transfer taxes to $18,950.
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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.