$3,000/mo - 1001 bay Street Unit 617, Downtown Toronto
Condo for Rent in Downtown Toronto
Popular ListingNeighbourhood: Bay Street Corridor
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- MLS Number
- C13839868
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Exclusive
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Welcome to Suite 617, a well-appointed one bedroom + solarium condo apartment! The suite features a bright, open concept layout with large floor-to-ceiling windows, beautiful Northwest views of park and city, and a bonus solarium! The kitchen is complete with generous cupboard space, built-in organized storage systems, and practical counter areas that maximize usability while maintaining an open, comfortable feel. The stainless-steel refrigerator & dishwasher offer a modern touch while the stackable washer and dryer nook make everyday living efficient! The generously sized primary bedroom offers a comfortable retreat, with track lighting, ample space for additional furnishings, and views of city. The versatile solarium, with built-in storage, can serve as a home office or a second bedroom. Enjoy the convenience of one parking spot close to the elevator & one locker included! Upgrades include vinyl flooring, freshly painted, California closets, and updated kitchen & bathroom plumbing under sinks! *Bonus Rogers Ignite TV & Internet included! Residents will enjoy exclusive access to Club 1001, a newly renovated world-class amenity centre featuring a fully equipped gym, saltwater pool, sauna, and racquetball and basketball courts. Building highlights include 24-hour security and concierge, ample visitor parking, BBQ areas, a library, games room, & a spacious party room with catering facilities. Enjoy effortless commuting with unmatched walkability and transit access! The location offers a "walker's paradise" lifestyle - you're steps away from subway, University of Toronto, Yorkville, museums, hospitals, the Financial District, and Toronto's top dining and entertainment! Bonus: Rogers Ignite TV and Internet included
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 617, 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.
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 700 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.
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.