$2,100/mo - 138 DOWNES Street Unit 4810, Cabbagetown
Condo for Rent in Cabbagetown
66 days on marketNeighbourhood: Waterfront Communities C8
- MLS Number
- C12990780
- Property Type
- Condo
- Status
- active
- Days on Site
- 66
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to Sugar Wharf, one of Toronto's most prestigious waterfront addresses, developed by Menkes and designed by architects Alliance. Built just three years ago, this beautifully appointed studio suite sits on a high floor with clear, unobstructed south-facing views of Lake Ontario and soaring 10'10" ceilings. Wake up to the lake every morning and come home to one of the most breathtaking skylines in the city.The suite is thoughtfully designed for modern living, featuring floor-to-ceiling windows that flood the space with natural light, a chef-inspired kitchen, and a private balcony with open lake views. What truly sets this unit apart is the oversized, spa-calibre bathroom, generously proportioned well beyond what you'd expect in a studio, it functions as a genuine retreat within the home. The unit comes partially furnished and move-in ready, including a bed (convertible Murphy bed or standard, your choice, we have both!), a dining table with two chairs, and a chair on the balcony. Everything you need to simply arrive and start living.This is not your average condo building. Sugar Wharf's amenity offering is genuinely in a class of its own, see attachment for the full list. Steps to Sugar Beach, Loblaws and Farm Boy for groceries, and some of the city's best waterfront dining and cafes. Union Station, the TTC, and the GO Train are minutes away. Walk score of 94, a true walker's paradise. Whether you're cycling the waterfront trail, grabbing a coffee at the water's edge, or heading into the core, everything is at your door.Sugar Wharf has attracted a discerning, professionally established resident community, the building carries an energy that reflects its location and calibre.
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 4810, Regent Park / Cabbagetown / St. James Town
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $2,100/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.
Negotiation Opportunity
At 66 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.