$12,500/mo - 10 Navy Wharf Court Unit Ph01, Downtown Toronto
Condo for Rent in Downtown Toronto
146 days on market- MLS Number
- C12781272
- Property Type
- Condo
- Status
- active
- Days on Site
- 146
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Fully furnished Penthouse in unbeatable downtown location. Perched above the city in a class of its own, this breathtaking 3 bedroom penthouse offers an extraordinary blend of elegance, comfort, and panoramic beauty. With sweeping views of both the skyline and the lake, you'll wake to glowing sunrises and unwind to unforgettable sunsets from your own private terrace. Inside, soaring 10-foot ceilings and an airy open-concept design create a light-filled, sophisticated living space. Brand new wide-plank oak hardwood floors and fresh, modern decor set a refined tone throughout. The renovated kitchen anchors the home with a stylish breakfast bar, generous prep space, and seamless flow into the living and dining areas - This rare offering features three spacious bedrooms and three beautifully renovated bathrooms. The primary retreat is separate from the other 2 bedrooms offering privacy, a luxurious ensuite and walk-in closet. Approx 2000 s.f of thoughtfully designed space provides exceptional storage, making penthouse living as practical as it is stunning. Privacy is paramount with only four penthouses on the floor. The residence also includes two parking spaces and two lockers - one being a large, separate room - a rare and valuable convenience downtown. Harbourview Estates is an established well liked building where residents enjoy access to the renowned 22,000 sq. ft. "Super Club," offering resort-style amenities including a pool, fully equipped gym, basketball court, billiards, bowling, and more. A wonderful concierge team, pet-friendly policies, and an unbeatable downtown location just minutes to the Gardiner, Scotiabank Arena, Rogers Centre, and The WELL complete the lifestyle. Luxurious furnishings Perfect for professional athlete or executive- move in and elevate your everyday living to something truly exceptional. Speak to LA re short term. Rent is all inclusive of utilities. Weekly cleaning included. All Internet/Cable included.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
10 Navy Wharf Court Unit Ph01, 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
Above Market Rent
At $12,500/mo, this is asking above the typical 3-bedroom rent of ~$3,500/mo in Downtown Toronto. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 146 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.