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    Toronto / Downtown / The Waterfront

    7206 - 138 Downes St

    For SaleSugar Wharf Condos
    4.0
    $1,750,000
    3 Beds
    3 Bath
    1 Parking
    1,011 SQFT
    7 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $872/mth
    Taxes:
    $6,179 (2024)
    Cost Per Sqft:
    $1,731/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    May 1, 2025
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, Walkout To Balcony, East View
    19.65 x 12.99ft
    Dining
    Combined with Living, Walkout To Balcony, Laminate
    19.65 x 12.99ft
    Kitchen
    Built-in Appliances, East View, Open Concept
    19.65 x 12.99ft

    About this Listing

    Welcome to the prestigious Sugar Wharf Residences by Menkes! This stunning sub-penthouse 3-bedroom, 3-bathroom suite offers an unparalleled South-East panoramic view of the lake and city skyline. Boasting 1,011 sq. ft. of elegant living space plus a sprawling 393 sq. ft. wraparound balcony, this residence is designed for luxury and comfort. The open-concept kitchen seamlessly integrates with the living and dining areas, perfect for modern living. Enjoy world-class amenities, including a state-of-the-art gym, stylish party room, 24-hour security, BBQ area, and an inviting lounge. Located in the heart of Toronto's waterfront, you're steps from transit, shopping, dining, and entertainment. Don't miss this rare opportunity to own a spectacular high-floor unit in one of the city's most sought-after communities!

    re/max crossroads realty inc.MLS® #C12000015

    Amenities

    Concierge
    Rooftop Deck
    Media Room
    Gym Room
    Sauna
    Indoor Pool

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Sugar Wharf Condos vs The Waterfront Area

    Building Trends At Sugar Wharf Condos

    Days on Strata

    Units at Sugar Wharf Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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

    -17%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    390
    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

    Transaction Insights at 55 Cooper Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$550,000 - $670,000$708,000 - $840,000$980,000No Data$1,930,000No Data
    Avg. Cost Per SqftNo Data$1,326$1,139$1,315No Data$1,765No Data
    Avg. Wait for Unit AvailabilityNo Data153 Days71 DaysNo DataNo DataNo DataNo Data
    Ratio of Units in Building3%39%28%21%2%10%1%

    Transactions vs Inventory

    Total number of units listed and sold in Waterfront