$2,400/mo - 1 Shaw Street Unit 1022, Downtown Toronto
Condo for Rent in Downtown Toronto
Neighbourhood: Niagara
- MLS Number
- C13642144
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- FOX MARIN ASSOCIATES LTD.
Welcome to DNA 1, one of King West's most sought after condo buildings. This bright and spacious 1 bedroom plus den suite features 9 foot ceilings, floor to ceiling windows, and a west facing exposure that delivers spectacular Toronto sunsets every evening. Thoughtfully designed with an open concept layout, this suite offers both comfort and functionality, complete with a full size gas range for those who love to cook. Step outside and find yourself in the centre of it all. Perfectly positioned between King West, Queen West, Liberty Village, and Ossington, you'll enjoy some of Toronto's best restaurants, cafés, boutiques, and nightlife just moments from your door. The TTC is literally downstairs, making commuting across the city effortless. Trinity Bellwoods Park is only a 10 minute walk away, while Massey Harris Park sits right beside the building, offering the perfect balance of urban living and green space. One of the suite's standout features is the natural gas connection on the private balcony, allowing you to connect a BBQ, pizza oven, patio heater, or fire table with ease. Residents enjoy outstanding amenities including a rooftop terrace with panoramic city views, fitness centre, party room, visitor parking, and beautifully maintained common areas. Experience the best of downtown living in one of Toronto's most vibrant neighbourhoods.
Discover Niagara
Niagara 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 Niagara
- •Convenient location in Downtown Toronto / Waterfront
- •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
Niagara 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.
1 Shaw Street Unit 1022, Downtown Toronto / Waterfront
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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
Competitive Rent
At $2,400/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Downtown Toronto. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 500 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 Niagara
I know Niagara 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.