$4,000/mo - 115 D'arcy Street Unit 3rd Floor, Downtown Toronto
Detached for Rent in Downtown Toronto
Popular ListingNeighbourhood: Kensington-Chinatown
- MLS Number
- C13482156
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- BENCHMARK SIGNATURE REALTY INC.
Welcome to 115 D'Arcy Street, a beautifully Fully Renovated multi-level residence offering the perfect blend of modern sophistication and unbeatable urban convenience in the heart of downtown. This premium rental property features a bright, airy atmosphere highlighted by smooth neutral tones and gorgeous wide-plank flooring throughout. The heart of the home boasts a gourmet chef's kitchen equipped with pristine cabinetry, elegant quartz countertops, an updated marble-style tile backsplash, and full-sized stainless steel appliances including a gas range and built-in microwave. Large windows flood the principal rooms with natural light, creating an inviting space to relax or comfortably work fromhome.The retreat features meticulously designed, spa-inspired bathrooms equipped with modern floating vanities, clean minimalist fixtures, and custom-tiled walk-in glass showers. For ultimate day-to-day convenience, a dedicated laundry closet includes a modern, front-loading washer and dryer. Located just steps away from the eclectic shops of Kensington Market, the incredible dining of Chinatown, and the world-class exhibits at the Art Gallery of Ontario (AGO), this property places the very best of Toronto right at your doorstep.It offers unmatched proximity to the University of Toronto (U of T), the major hospital network along University Avenue, and the bustling Financial District, making it ideal for professionals and academics alike. Commuting across the GTA is an absolute breeze with immediate access to multiple TTC streetcar lines and subway stations. This exceptional property presents a rare opportunity to lease a high-end, clean, and turnkey modern home in a high-demand downtown pocket. *2nd Floor Price $3900
Discover Kensington-Chinatown
Kensington-Chinatown 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 Kensington-Chinatown
- •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
Kensington-Chinatown 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 D'arcy Street Unit 3rd Floor, 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 $4,000/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.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Kensington-Chinatown
I know Kensington-Chinatown 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.