GTA Assignment

Sugar Wharf 

  • $899,900
  • $189,750/sqft
138 Downes Street, Toronto


  • Residential
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 735
  • sqft
  • 2018
  • Year Built
  • GTA-R21168
  • Property ID



Regular Price: $899,900
Original Purchase Price: Contact us for this information


Original Purchase Date: Contact us for this information
Estimated Occupancy Date: Jul 2022
Firm Occupancy Date: Contact us for this information


Interim Occupancy Fee: Contact us for this information
Condo Fees: Contact us for this information
Property Taxes: Contact us for this information
Total Occupancy Fees: Contact us for this information



Sugar Wharf Condos is a new condo development by Menkes Developments Ltd. located in the Lower Yonge Precinct Area of Toronto. The development will consist of five residential towers, a park, and a new low-rise retail building. The community will be anchored by the rebuild of the LCBO headquarters and storefront and will offer thousands of retail/commercial space. The development will also include a school built onsite.

The project is in proximity to other major developments from other top developers and is part of the East Bayfront Revitalization. The development is a major project in the area and will offer a wealth of employment opportunities, with 5.7 million sq ft of new office space under construction in the area, and 200,000 workers in the Financial District located just 8 minutes away from Sugar Wharf Condos.

The complex is connected to the PATH network and is close to major employment hubs. It is also located close to Union Station, which offers easy access to transportation options, including the 75 Sherbourne bus, the 504 King Streetcar, Via Rail, and the Up Express to Pearson International Airport.

The area boasts a walk score of 95/100, with Union Subway Station and the Go Transit just 15 minutes away on foot. George Brown College students will enjoy short walks to both the Waterfront and King street campuses, and Ryerson and U of T students can be at school in just under 20 minutes by using effortless TTC routes.

The Lower Yonge Precinct Plan is a planning project created to address the significant population growth expected for the area and will attract a diverse audience. With upcoming schooling, retail, restaurant, and employment opportunities in the Lower Yonge Precinct Area, this project is Menkes’ most widely attractive condo yet. The development is expected to offer spectacular views of the city’s waterfront and harbor.


Updated on October 8, 2023 at 10:34 am
  • Property ID: GTA-R21168
  • Price: $899,900
  • Property Size: 735 sqft
  • Bedrooms: 2
  • Bathrooms: 2
  • Year Built: 2018
  • Property Type: Residential

Additional details

  • Number of Storeys: 75
  • Total Number of Suites: 1927
  • Suites Starting Floor: 12
  • Number of Suites/Floor: 12
  • Floor Plans: 3
  • Suite Size Range: 698 - 961 sq ft
  • Ceiling Height: 9'
  • Price / sq ft from: $1,362
  • Parking Price: $105,000
  • Locker Price: $6,000
  • Architects: architectsAlliance
  • Amenities: Bar, Barbeques, Catering Kitchen, 24-Hr Concierge, Basketball Court, State of the art Fitness Centre, Hotel Styled Guest Suites , Rooftop lounge, Indoor hammock lounge, Games Lounge , Movie Theatre, Outdoor Terrace, Fire Pit, Two Storey lobby, Aerobic Studio, Spinning Room, Meeting Rooms, Art Studio, Music Room, Park, Party Room, Kids Play Area; Lego Room , Indoor Lap Pool, Terrace with BBQ and dining areas
  • Est. Maint: $0.65 / sq ft / month
  • Locker Maint: Request Locker Maint
  • Parking Maint: Request Parking Maint
  • Est. Property tax: 1% of the price / year
  • Notes: Hydro, Water, Heating/Cooling Metered Separately
  • Est. Occupancy: Jul 2022
  • VIP Launch: Jun 02, 2018
  • Public Launch: Aug 01, 2018
  • Total Min. Deposit: 15%
  • Deposit Notes: $10,000 Bank Draft on Signing Balance of 5% in 30 Days 5% in 180 Days 5% on Interim Occupancy Non-Resident Deposit: 35% 1% on Occupancy $20,000 Bank Draft on Signing Balance of 10% in 30 Days 10% in 180 Days 10% in 370 Days 5% in 720 Days 1% on Interim Occupancy
  • Development Levies: Capped Development Levies: Studio- 1 Bed Den: $12,500 2 Bed and larger: $16,800
  • Assignment Policy: Request Assignment Policy
  • Address 138 Downes St
  • City Toronto
  • Country Canada

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