$3,000/mo - 1001 Bay Street Unit 2019, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed yesterdayNeighbourhood: Bay Street Corridor
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- MLS Number
- C13788886
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome To This Beautifully Renovated 1-Bedroom Suite With A Bright West Exposure And Expansive Floor-To-Ceiling, Wall-To-Wall Windows. Enjoy Lovely Views Overlooking The Historic Odette Hall, Queen's Park And The University Of Toronto, All Just Steps From Your Door.The Open-Concept Layout Offers Plenty Of Natural Light Throughout The Day, With A Versatile Solarium That Can Be Used As A Home Office, Reading Nook, Or Additional Living Space.The Location Is Hard To Beat. All Within Walking Distance Of The University Of Toronto, TMU, Yorkville, Eaton Centre, Restaurants, Cafés, Shops, Hospitals And Multiple Subway Lines, Including Yonge, University And Bloor. The Financial District, Union Station, GO Transit, Scotiabank Arena, Rogers Centre, Harbourfront, Gardiner Expressway, Billy Bishop Airport And The Entertainment District Are All Easily Accessible. Residents Also Enjoy An Impressive Range Of Building Amenities, Including An Indoor Pool, Free High-Speed Internet, Whirlpool, Saunas, Squash Court, 2-On-2 Basketball Court, Cardio And Weight Rooms, Fitness/Aerobics Room, Rooftop Gardens, Party Room, Kitchen And Dining Area, And BBQ Area.A Fantastic Opportunity For Someone Looking For A Renovated Home In The Heart Of Downtown Toronto, With Exceptional Amenities And Virtually Everything You Need Just Outside Your Door.
Discover Bay Street Corridor
Bay Street Corridor 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 Bay Street Corridor
- •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
Bay Street Corridor 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.
1001 Bay Street Unit 2019, 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
Fairly Priced Rental
At $3,000/mo, this is in line with typical 2-bedroom rents in Downtown Toronto (~$2,900/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 600 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 Bay Street Corridor
I know Bay Street Corridor 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.