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5306 - 138 Downes Street
Waterfront Communities C8, Toronto
$1,590,000
Sugar Wharf Luxury Condo by Menkes! Beautiful Corner Unit With Excellent South/East Water View, Marina Model 1,011 Sq. Ft. + 393 Sq. Ft Balcony (1,401 Sq. Ft.) Bright & Spacious Open Concept 3 Bedrooms Plus 3 Bathrooms. 1 Parking & 1 Locker , Internet included in the Maint. Fee. Step Away from Sugar Beach, Shops, Restaurant, Farm Boy, Loblaws, LCBO , Walking Distance to George Brown College, St. Lawrence Market, Union Station, CN Tower, Close To Gardiner /QEW. Direct Access To Future Park & Schools. Live in the Largest Toronto Water Front Community.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,220 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $7,450 |
| mls© Number | C13694280 |
| Listed By | RE/MAX CROSSROADS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,138
- Property tax
- $621
- Heat allowance
- $150
- Condo fees, half counted
- $610
- Housing costs
- $9,519 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$293,000
gross annual household income
- Payment at 4%
- $6,691 / mo
- Cash down
- $318,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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