138 Downes Street 6802, Toronto C08

$738,000
138 Downes Street 6802

$738,000

New
23d
Condo ApartmentApartment

138 Downes Street 6802, Toronto C08

Total Monthly Obligation $4,119

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
0
Sqft
700-799
DOM
23d
Score
16
Yield
4.4%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-C13860316
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$3,747.82 (2025)
Maintenance-$630/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL LAND REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-T.B.A
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Welcome to Sugar Wharf by Menkes! Beautiful 1 Bedroom + Den with 2 Full Bathrooms, featuring 799 sq. ft. of interior living space plus a 110 sq. ft. balcony with unobstructed views. Bright open-concept layout, freshly painted and professionally cleaned, ready to move in. Excellent waterfront location steps to Sugar Beach, Farm Boy, Loblaws, LCBO, transit, restaurants and shopping. Easy access to downtown, Gardiner Expressway and DVP. Enjoy luxury waterfront living in the heart of Toronto!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$590,400
Land Transfer Taxes$11,235
Legal Fees (Est.)
$
Total cash required for closing$160,335

Total Monthly Obligation

$4,119/mo
Mortgage $2,977
Monthly Loss $3,336
Principal$783
Interest$2,194
Property Tax$312
Condo Fees$630
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.9%14
10-Year IRR
7.5%
Returns Index
8.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,844/yr
NOI
$15,852/yr
Net Cash Flow
-$1,656/mo
Cash Margin
-60.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 138 Downes Street 6802

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.