$3,800
138 Downes Street 3111, Toronto C08, ON M5E 0E4
3 Beds
2 Baths
0 Parking
Experience elevated waterfront living in this beautifully maintained condo suite featuring breathtaking city and lake views. This bright and functional layout offers modern finishes, an open concept living and dining area, spacious bedrooms, and floor-to-ceiling windows that fill the unit with natural light. Enjoy a sleek contemporary kitchen, generous balcony space, and thoughtfully designed living throughout. Located in one of Toronto's most sought-after waterfront communities, steps to Sugar Beach, Farm Boy, Loblaws, LCBO, restaurants, cafés, transit, the Financial District, St. Lawrence Market, and the Distillery District. Residents enjoy access to premium hotel-inspired amenities including concierge, fitness facilities, rooftop terraces, lounge spaces, and more. Freshly painted and move-in ready. A perfect opportunity to enjoy luxury urban living by the lake.

Property Summary

Property Type Residential Condo & Other
Property Sub Type Condo Apartment
Transaction Type For Lease
Style 1 Storey/Apt
Bedrooms Above Grade 3
Bathrooms 2
Kitchens 1
Basement None
Exposure South West
Possession TBD

Building

Building Type Condo Apartment
Portion for Lease Not specified by MLS
Square Footage 900-999
Exterior Brick
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No
Laundry Ensuite

Measurements

Total Living Area 900-999

Land

Address 138 Downes Street 3111, Toronto C08, ON M5E 0E4
City Toronto C08
Community Waterfront Communities C8
County / Area Toronto
Cross Street Queens Quay and Yonge

Parking and Garage

Total Parking 0
Garage Spaces 0
Garage Type Attached

Condo / Maintenance

Locker None
Pets Yes-with Restrictions
Condo Corporation TSCC

Taxes and Listing Info

List Price $3,800
Status Active
Listing Date 2026-05-25T18:24:19Z
Updated 2026-05-25T18:24:19Z
MLS Number C13171204
Local Market Insight

What Buyers Should Know About 138 Downes Street 3111, Toronto C08, ON M5E 0E4

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

138 Downes Street 3111, Toronto C08, ON M5E 0E4 is positioned in Waterfront Communities C8, a part of Toronto C08 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 1 Storey/Apt, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Condo Apartment should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Queens Quay and Yonge, public transit options, parking availability, and drive times to employment areas. A property with 0 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $3,800, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 3 bedrooms, 2 bathrooms, basement details marked as None, and a lot size of to be reviewed, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto C08, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Waterfront Communities C8. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 138 Downes Street 3111, Toronto C08, ON M5E 0E4, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.