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$548,000
Toronto
#4909 138 Downes Street, Toronto (Waterfront Communities), Ontario, M5E0E4
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $548,000, it is attractively priced about 13% below the $629,900 median asking price in Toronto.
The Iconic Sugar Wharf Condominiums By Menkes! 1 Bedroom Unit with Lake and City Views. Floor-to-Ceiling Windows, 9-Foot Ceilings. Sleek Open-Concept Kitchen with Built-In Miele Appliances. Engineered hardwood floors, quartz countertops. State-of-the-Art Fitness Centre, Indoor Swimming Pool, Party/Meeting Room, Theatre Retreat, Rooftop Terrace with BBQ Area, 7/ 24-hour Security, and Much More. Located on East Bayfront Toronto Waterfront, only Ten Minute Walk to Union Subway Station, with Direct Access to Future P. A.T. H. Steps from Lake Ontario, Sugar Beach, Water's Edge Promenade. Restaurants, LCBO, Loblaw, Farm Boy Supermarket, Trails, and Parks. Locker Included. This fast-growing neighborhood includes East Bayfront's bustling innovation corridor, anchored by the Waterfront Innovation Centre. Nearby TTC bus stop on Queens Quay East to downtown Toronto, 5 mins drive to Gardiner Expressway! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $548,000, about 5.6× the local median household income of $98,000.
Carrying it typically needs a household income of about $107,044 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5E)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice