$3,300/mo - 108 Peter Street Unit 4803, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed 5 days agoNeighbourhood: Waterfront Communities C1
- MLS Number
- C13688954
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/REALTY ONE LTD.
Welcome to Peter & Adelaide Condos - where urban sophistication meets modern comfort in the heart of Toronto's vibrant entertainment district. this stunning 2-bedroom, 2-bathroomresidence with East views offers a bright and functional layout with premium finishes, thoughtful upgrades, and unbeatable walkability at the iconic corner of Peter & Adelaide. Step inside to discover an open-concept design featuring floor-to-ceiling windows and a sleek chef-inspired kitchen complete with stone countertops, built-in appliances, and contemporary cabinetry. The spacious living and dining area flows seamlessly onto a private balcony - the perfect space to enjoy your morning coffee or unwind with sweeping city views. Both bedrooms are generously sized, including a spacious primary retreat featuring a 4-piece ensuite. The second bedroom is ideal for guests, a home office, or growing families seeking flexible living space. Perfectly positioned in one of downtown Toronto's most desirable neighbourhoods, residents are just steps to Osgoode subway station, The CN Tower, Rogers Centre, The Well and the King West entertainment district. enjoy immediate access to renowned restaurants, cafes, nightlife, shopping, and cultural attractions, all right outside your door. residents can enjoy exceptional selection of amenities including: 24/7 concierge state-of-the-art fitness centre infrared sauna co-working spaces party lounge outdoor pool rooftop terrace, everyday convenience is unmatched with bestco supermarket located at ground level. Whether you're a young professional, end-user, or investor seeking strong rental demand and long-term value, this residence delivers the perfect blend of luxury, lifestyle, and downtown convenience. 1locker included!
Discover Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •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
Waterfront Communities C1 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.
108 Peter Street Unit 4803, 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 $3,300/mo, this is asking above the typical 2-bedroom rent of ~$2,900/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.
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 Waterfront Communities C1
I know Waterfront Communities C1 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.