1 Day Ago
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138 Downes Street #4508, Toronto, Ontario M5E 1W4, Canada|East Bayfront
Tour 138 Downes Street #4508
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About 138 Downes Street #4508
Welcome to urban luxury at Sugar Wharf Condos, perfectly located in Toronto's vibrant downtown core! Situated on a high floor, Unit 4508 offers breathtaking south-facing views that sweep across Lake Ontario. This 1-bedroom + den unit spans 678 square feet, including a large, private balcony perfect for relaxation and entertainment. With a well-planned 564 sq. ft. interior, this unit includes an open-concept living and dining area, ideal for entertaining. The spacious den (8'0" x 7'5") is perfect for a home office or guest space. The kitchen features contemporary finishes, complete with a quartz countertop, modern cabinetry, and stainless steel appliances, including a built-in oven and microwave, making cooking a delight. Enjoy morning coffee or evening wine with unobstructed views of the water, as the generous balcony offers a private outdoor escape from the bustling city below. The south-facing exposure bathes the living room in natural light, creating a warm, inviting ambiance throughout the day. The well-sized bedroom (9'0" x 10'0") features large windows and a built-in closet, providing ample storage. The modern 4-piece bathroom offers sleek fixtures and finishes for a spa-like experience. Equipped with a stacked washer and dryer for added convenience. Sugar Wharf Condos offer world-class amenities, including a state-of-the-art fitness center, resident lounges, co-working spaces, an outdoor terrace, and 24-hour concierge service, ensuring you enjoy a premium lifestyle. Located just steps from the Financial District, Union Station, and the city's best dining, entertainment, and shopping options, this unit at Sugar Wharf is perfect for professionals and urban enthusiasts alike. This unit combines luxury, comfort, and convenience in a premier location. Don't miss this opportunity!
Address details
| Neighborhood | East Bayfront |
|---|---|
| Post code | M5E 1W4 |
| Type | House for rent |
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Rent trends in East Bayfront
1-bedroom apartments at 138 Downes Street #4508 cost about 4% more than the average rent price for 1-bedroom apartments in Toronto.
Median rents as of Dec 13 2025.
East Bayfront
Toronto
| Month | Median Rent |
|---|---|
| December 2023 | $2,488 |
| January 2024 | $2,450 |
| February 2024 | $2,450 |
| March 2024 | $2,438 |
| April 2024 | $2,400 |
| May 2024 | $2,400 |
| June 2024 | $2,399 |
| July 2024 | $2,386 |
| August 2024 | $2,384 |
| September 2024 | $2,366 |
| October 2024 | $2,347 |
| November 2024 | $2,312 |
| December 2024 | $2,300 |
| January 2025 | $2,300 |
| February 2025 | $2,303 |
| March 2025 | $2,300 |
| April 2025 | $2,281 |
| May 2025 | $2,257 |
| June 2025 | $2,242 |
| July 2025 | $2,222 |
| August 2025 | $2,200 |
| September 2025 | $2,193 |
| October 2025 | $2,171 |
| November 2025 | $2,150 |
| December 2025 | $2,150 |
| Month | Median Rent |
|---|---|
| December 2023 | $2,500 |
| January 2024 | $2,562 |
| February 2024 | $2,600 |
| March 2024 | $2,557 |
| April 2024 | $2,418 |
| May 2024 | $2,383 |
| June 2024 | $2,345 |
| July 2024 | $2,393 |
| August 2024 | $2,465 |
| September 2024 | $2,475 |
| October 2024 | $2,431 |
| November 2024 | $2,395 |
| December 2024 | $2,385 |
| January 2025 | $2,475 |
| February 2025 | $2,431 |
| March 2025 | $2,459 |
| April 2025 | $2,537 |
| May 2025 | $2,483 |
| June 2025 | $2,432 |
| July 2025 | $2,390 |
| August 2025 | $2,321 |
| September 2025 | $2,490 |
| October 2025 | $2,560 |
| November 2025 | $2,580 |
| December 2025 | $2,550 |
Affordability calculator
Can I afford to live at 138 Downes Street #4508?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$106,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $106,000 annually to afford this 1-bedroom monthly rent price of $2,650.
For more information on rent affordability, visit our rent calculator.
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Internet available near 138 Downes Street #4508
Getting around Toronto near 138 Downes Street #4508
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 138 Downes Street #4508, Toronto
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
7/10
Several bars within a few minutes’ walk
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