$2,350/mo - 138 DOWNES Street Unit 4305, Cabbagetown
Condo for Rent in Cabbagetown
Popular ListingNeighbourhood: Waterfront Communities C8
- MLS Number
- C13667646
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP - SUMMIT REALTY INC.
Welcome to Sugar Wharf by Menkes, one of Toronto's most prestigious waterfront communities.This rare leasing opportunity offers a spectacular high-floor suite with breathtaking views and an exceptional urban lifestyle.Located on the 43rd floor, this bright and spacious one-bedroom suite features an open-concept layout designed to maximize its stunning surroundings. Floor-to-ceiling windows fill the living Space with natural light, while the walk-out to a private open balcony provides unobstructed eastern views of the city and Lake Ontario.The modern kitchen is equipped with built-in appliances and seamlessly overlooks the dining and living areas, creating a functional and inviting space for everyday living and entertaining. Additional features include laminate flooring throughout, a four-piece bathroom, and convenient ensuite laundry. Residents of Sugar Wharf enjoy an impressive selection of resort-style amenities, including 24-hour concierge service, a state-of-the-art gym, exercise and recreation rooms, and more. The lease also includes one complimentary membership to Unity Fitness.Ideally situated in Toronto's premier waterfront community, the building is just steps from Sugar Beach, Loblaws, Farm Boy, and the LCBO. Residents will also benefit from direct access to the future PATH network and a new school, further enhancing the long-term appeal and convenience of this exceptional location. Don't miss the opportunity to lease this outstanding suite and enjoy an elevated water front lifestyle with world-class views.
Discover Waterfront Communities C8
Waterfront Communities C8 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Waterfront Communities C8
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Waterfront Communities C8 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
138 DOWNES Street Unit 4305, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $2,350/mo, this is in line with typical 1-bedroom rents in Cabbagetown (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Waterfront Communities C8
I know Waterfront Communities C8 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.