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    for sale
    3 Days on Strata

    5311 - 138 Downes St

    Sugar Wharf Condos4.0
    $555,000
    1 Bed
    1 Bath
    0 Parking
    560 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $487/mth
    Taxes:
    $2,907 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $991/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    Now
    Exposure:
    South West

    Amenities

    Guest Suites
    Party Room
    Indoor Pool
    Gym
    Concierge
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    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.

    first class starlink realtyMLS® #C12556580

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    0 x 0ft
    Walkout To Balcony, Windows Floor to Ceiling, Combined with Dining
    Dining
    0 x 0ft
    Walkout To Balcony, Windows Floor to Ceiling, Combined with Living
    Kitchen
    0 x 0ft
    Modern Kitchen, Stainless Steel Appliances, Open Concept
    Bedroom
    0 x 0ft
    Windows Floor to Ceiling, Large Window, Large Closet
    Bathroom
    0 x 0ft
    4 Piece Bath, Soaker
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore The Waterfront

    Map

    © OpenStreetMap
    map of location
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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    8/10
    Bikeability
    So many bike racks, your ride will feel like a VIP everywhere.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    17,591
    Average Individual Income
    $62,082
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,756
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    70%
    Mandarin
    13%
    Cantonese
    10%
    Tagalog
    2%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    24%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Building Trends At Sugar Wharf Condos

    Days on Strata

    Units at Sugar Wharf Condos spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -34%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    431
    Units were Rented over the past twelve months

    Best Value Rank

    Sugar Wharf Condos offers the
    ?
    N/A
    best value out of 45 condos in neighbourhood

    Appreciation Rank

    Sugar Wharf Condos has the
    ?
    N/A
    highest ROI out of 45 condos in neighbourhood

    Rental Yield

    Sugar Wharf Condos yields the
    ?
    N/A
    highest rent prices out of 45 condos in neighbourhood

    High Demand

    Sugar Wharf Condos is the
    ?
    N/A
    most popular building out of 45 condos in neighbourhood

    Market Insights

    Transaction Insights at Sugar Wharf Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$490,000 - $605,000$600,000 - $745,000$730,000 - $985,000No Data$839,000 - $1,020,000
    Avg. Cost Per SqftNo Data$1,080$963$1,034No Data$1,137
    Avg. Wait for Unit AvailabilityNo Data115 Days57 Days77 DaysNo Data178 Days
    Ratio of Units in Building3%39%28%20%2%10%

    Market Inventory

    Total number of units listed and sold in Waterfront