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Condo for Rent in Downtown Toronto
New — Listed yesterdayNeighbourhood: Waterfront Communities C1
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- MLS Number
- C14111398
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- CITY HEIGHTS REALTY INC.
Discover elevated everyday living in this exceptionally crafted home on 115 Blue Jays Way. Spanning approximately 500-599 square feet of thoughtfully designed living space, this property is ready to accommodate your unique lifestyle. As you walk through, you'll immediately appreciate the abundance of natural light and thoughtful layout. It features a generous single bedroom and a well-appointed full bathroom, making it an excellent choice for a variety of living arrangements. This home comes completely unfurnished, allowing for an effortless move-in experience. You will also enjoy reliable gas and central air throughout the year, ensuring your environment is always comfortable, alongside access to ensuite. Residents will benefit from several fantastic practical features tied to this property. For those with vehicles, it has no dedicated parking. Step outside to enjoy your own private open, perfect for relaxing after a long day or enjoying your morning coffee. Furthermore, for animal lovers, the building has a restricted pet policy. You will also have access to incredible building amenities including concierge, elevator, exercise room, gym, indoor pool, party room/meeting room, rooftop deck/garden, visitor parking, which significantly enhance the overall living experience here. Located in one of Toronto's most vibrant and dynamic neighborhoods, you are never far from the city's best attractions. Transit is incredibly accessible, with TTC stops and major routes just minutes away, making commuting an absolute breeze. Whether you are looking for a quick bite, a lovely park for an evening stroll, or easy access to daily necessities, this neighborhood truly has it all. Don't miss out on the chance to make this exceptional space your own. Schedule a private showing today and take the first step toward moving into your dream residence.
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.
115 Blue Jays Way Unit 3601, 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 $2,325/mo, this is in line with typical 1-bedroom rents in Downtown Toronto (~$2,300/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 500 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.