$4,050/mo - 11 St Joseph Street Unit 1802, Downtown Toronto
New Construction for Rent in Downtown Toronto
Neighbourhood: Bay Street Corridor
- MLS Number
- C13448924
- Property Type
- New Construction
- Status
- active
- Days on Site
- 21
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to This Rarely-Offered 2 Bedroom + Den, with 2 Full Washroom Unit of Over 1,000 sqft of Interior Space in the heart of downtown Toronto. **ALL UTILITIES INCLUDED, 1 PARKING INCLUDED** Designed with a Thoughtful 2 Bedroom & Den Split Layout. This Unit Offers Privacy and Functionality, Ideal for Professionals, Roommates, or Small families. Nestled Steps from Yorkville World-class Shopping, the University of Toronto, Toronto General Hospital, Vibrant Cafes, Fine Dining, and the Eaton Centre. You'll Find Everything You Need Just Moments Away. Queens Parks Lush Greenery is Nearby, Offering an Urban Oasis Right Outside Your Door. Located in a Boutique Building with 24-hour Concierge Services, Top-tier Security, a Bike Storage Room, and a Shared Rooftop Terrace, Rooftop Hot Tub, Gym, Theatre Room, Party/Meeting Room, Etc. This Residence is the Epitome of Urban Luxury. Unit is partially furnished. Students welcome. Available from June 15, 2026. Book a showing and move in now.
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.
11 St Joseph Street Unit 1802, 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 $4,050/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.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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.