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New3 hours ago

2608 - 138 Downes Street

Waterfront Communities C8, Toronto

$588,800

Condo Apartment |
1 + 1 | 1 | 0 | 0
About this home

Welcome to Sugar Wharf, one of Toronto's premier waterfront communities by Menkes Developments. This bright and spacious 1 Bedroom + Den suite features breathtaking south-facing views of Lake Ontario from a generous 114 sq. ft. private balcony. The thoughtfully designed open-concept layout features floor-to-ceiling windows, a modern custom kitchen with premium built-in appliances, and an abundance of natural light throughout the living and dining areas. The versatile den is ideal for a home office, study, or additional sleeping space. Ideally located just steps from Sugar Beach, Farm Boy, Loblaws, LCBO, restaurants, parks, and the TTC, with easy access to St. Lawrence Market, Union Station, the flit* waterfront PATH connection, and the Gardiner Expressway.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$564
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,001
mls© NumberC13818268
Listed ByKW Living Realty
Common Elements Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,014
Property tax
$250
Heat allowance
$150
Condo fees, half counted
$282
Housing costs
$3,696 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,760
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,478 / mo
Cash down
$117,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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