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Condo for Rent in Downtown Toronto
New — Listed todayNeighbourhood: Niagara
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- MLS Number
- C14083664
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- REVEL REALTY INC.
Most condos give you a balcony. This one gives you a backyard in the sky. Welcome to DNA 3, where soaring 9 ft ceilings and an open-concept layout bring the living, dining and kitchen together in one bright, easy-flowing space. The kitchen keeps everything within reach for weeknight cooking, and the living area walks straight out to the west-facing terrace. Afternoon sun, sunset views over the city and a built-in gas line for BBQs make this the kind of outdoor space that becomes your favourite room from spring through fall. The bedroom sits comfortably apart from the main living area for a quiet place to unwind, with the bathroom conveniently close by. Parking is included, a genuine advantage in this part of the city. This building is equipped with amenities residents actually use: a well-equipped fitness centre, yoga studio, games room with pool table, media room, bike storage and ample visitor parking. Step outside, and Liberty Village and King West are right at your door, with a Walk Score of 95. The King streetcar is steps away, Exhibition GO is a short walk, and the Gardiner is minutes by car. Grocery stores, coffee shops, fitness studios and some of the city's best restaurants are all close by, with Trinity Bellwoods Park, the Ossington and Queen West strips an easy stroll or bike ride away. A rare private terrace, parking included, and one of Toronto's most walkable neighbourhoods. You don't want to miss this opportunity!
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.
1030 King Street Unit 529, 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 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.