Updated 8 Hours Ago
Highlights
Pet Friendly
Location
138 Downes Street #6506, Toronto, ON M5E 0E4, CA|East Bayfront
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Amenities for 138 Downes Street #6506, East Bayfront
Features
| Air Conditioning | Central Heat |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
Grounds
| Assigned Parking | Storage |
Services
| Concierge Service | On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 138 Downes Street #6506
Sweet deal!
This listing is 13% below the median price for 3 bedroom apartments in East Bayfront.
** Fully Furnihsed w/ Utilities Included! ** Perched high above Toronto's spectacular waterfront, this exceptional 3-bedroom, 3-bathroom corner unit (S/E/W Views) residence offers truly unobstructed 270-degree panoramic views stretching from the historic St. Lawrence Market district across the downtown skyline, over Toronto's sparkling inner harbour, the Toronto Islands, Billy Bishop Airport, and beyond. Floor-to-ceiling windows flood the home with natural light while framing one of the city's most breathtaking outlooks from virtually every room. Designed for modern living, the open-concept layout and modern furnishings seamlessly blends sophisticated style with everyday functionality. The expansive wrap-around balcony becomes your private front-row seat to unforgettable sunrises, sailboats gliding across the lake, city lights reflecting on the water, and aircraft gracefully arriving at Billy Bishop. Located in the heart of Sugar Wharf, you'll enjoy an unmatched waterfront lifestyle just steps from Sugar Beach, the Financial District, St. Lawrence Market, George Brown College, Farm Boy, Loblaws, LCBO, world-class dining, cafes, shopping, and the Harbourfront. Whether you're entertaining, working from home, or simply taking in the ever-changing views, this residence offers a rare opportunity to experience Toronto at its absolute finest. Luxury waterfront living. Unparalleled views. An address that truly has it all. Bring your suitcase, everything is ready for an immediate move in! ** Building requires a 6 month minimum ** Avail After Nov 12th 2026
Lease Terms
1 yearAddress details
| Neighborhood | East Bayfront |
|---|---|
| Post code | M5E 0E4 |
| Type | Condo for rent |
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Rent trends in East Bayfront
3-bedroom apartments at 138 Downes Street #6506 cost about 13% less than the average rent price for 3-bedroom apartments in East Bayfront.
Median rents as of Oct 3 2026.
East Bayfront
Toronto
| Month | Median Rent |
|---|---|
| October 2024 | $3,800 |
| November 2024 | $3,819 |
| December 2024 | $3,733 |
| January 2025 | $3,837 |
| February 2025 | $3,786 |
| March 2025 | $3,668 |
| April 2025 | $3,600 |
| May 2025 | $3,500 |
| June 2025 | $3,493 |
| July 2025 | $3,440 |
| August 2025 | $3,458 |
| September 2025 | $3,471 |
| October 2025 | $3,400 |
| November 2025 | $3,359 |
| December 2025 | $3,457 |
| January 2026 | $3,428 |
| February 2026 | $3,313 |
| March 2026 | $3,379 |
| April 2026 | $3,399 |
| May 2026 | $3,399 |
| June 2026 | $3,520 |
| July 2026 | $3,569 |
| August 2026 | $3,593 |
| September 2026 | $3,563 |
| October 2026 | $3,494 |
| Month | Median Rent |
|---|---|
| May 2025 | $8,500 |
| June 2025 | $7,931 |
| July 2025 | $5,750 |
| August 2025 | $5,750 |
| September 2025 | $5,510 |
| October 2025 | $5,542 |
| November 2025 | $4,778 |
| December 2025 | $4,586 |
| August 2026 | $7,125 |
Affordability calculator
Can I afford to live at 138 Downes Street #6506?
Bedrooms
3 bedroomsRent-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
$260,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $260,000 annually to afford this 3-bedrooms monthly rent price of $6,500.
For more information on rent affordability, visit our rent calculator.
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Internet available near 138 Downes Street #6506
Getting around Toronto near 138 Downes Street #6506
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 #6506, Toronto
Groceries
10/10
Exceptional variety of groceries within a few minutes' 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
9/10
Exceptional variety of bars right within a few minutes’ walk
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