138 Downes St 1511
Waterfront Communities C8, Downtown Toronto, M5E 0E4
FOR SALE
$1,149,900
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BEDROOMS2
BATHROOMS1
KITCHENS7
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Property Description
Waterfront living in downtown Toronto! Welcome to this spacious light-filled corner suite at the new Sugar Wharf community at the waterfront. Featuring 9 feet high floor-to-ceiling windows and a wraparound balcony with stunning lake views to the south and unobstructed city views to the west, this home offers over 900 SF for family living. The open-concept layout seamlessly connects the modern kitchen and living area, creating the perfect space for entertaining and hosting both inside the suite and on the balcony to enjoy the city's wonderful summers. High-end finishes include engineered hardwood floors and stone countertops, plus the convenience of en-suite laundry. Enjoy the suite of exquisite amenities the building offers: State-Of-The-Art Fitness Centre w/Aerobics, Spinning Room, & Basketball Court; Indoor Lap Pool, Landscaped Outdoor Terrace w/BBQs, Fire Pit, Social Lounge, Three Theatres, Hobby Room, Music Room, Party Room With Kitchen & Bar, 24-Hour Concierge, Wifi In Amenity Areas, And Indoor Hammock Lounge. The Sugar Wharf community is Located steps from Sugar Beach, the waterfront, and some of our city's top amenities. You're just moments away from Farm Boy, Loblaws, LCBO, shops, restaurants, and major employment hubs. Walk to the underground PATH and Financial Centre. Experience luxury living in one of Toronto's most vibrant neighbourhoods at Sugar Wharf.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-24 | 2023-09-27 | 4 | $4,400 | $4,400 | Leased |
Nearby Intersections
Property Features
Beach
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,024 (2024)
Basement
None
Exterior
Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P4 - 337)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
138 Downes St 1511 is a 3-bedroom 2-bathroom condo listed for sale at $1,149,900, which is $52,633 (4.4%) lower than the average sold price of $1,202,533 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $358,140 (42.4%) compared to the previous 30 day period (December 22 - January 20) and up $309,595 (34.7%) from the same time one year ago.Inventory Change
There were 216 3-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 47.9% compared with the previous 30 day period (December 22 - January 20) and up 9.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($28,974) (2.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $467 increase compared to the previous 30 day period (December 22 - January 20) and ($24,701) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 23.1%, down from 34.2% over the previous 30 days (December 22 - January 20) and down from 35.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Union Capital Realty
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