$5,200/mo - 20 Blue Jays Way Unit 517, Downtown Toronto
Condo for Rent in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13606360
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
3 Bedroom Condo fits 1 King Bed and 2 Queen Beds *over 1,000 Sf of Living Space with 26' Terrace > Breathtaking South View Cn Tower & Rogers Centre Furnished Short Term Stays (3 to 8 months) > Luxury Suite through Skyrise Living Furnished * Lovely Layout Living Space, Spacious Living/Dining * Attractive Sofa to enjoy the large flat screen TV and excellent Dining Room w/4 chairs overlooks the CN Tower and/or use this area as your work from home space. Wonderful Primary Bedroom boasts a Quality King Size Bed plus a 4Pc Ensuite Bathroom & Double Closet plus there is a walkout to terrace too * Queen Beds in each 2nd & 3rd Bedrooms and both rooms have private Closets * Great a Bathroom ensuite and 2nd one at opposite side * Enjoy a Chef Inspired Kitchen W/Granite Breakfast Bar, lovely Backsplash and *Small & Large Appliances * The suite is equipped with white Towels and Linens * You can't beat this Incredible Location 3 Minute Walk to the CN Tower, Rogers Centre and super convenient Groceries at Rabba Foods is open 24 Hour across the Street *Luxury Condo in the Best Location Toronto Entertainment District! Special Features of the amazing amenities include: Top Quality Gym Equipment * The Gym is located on the 22nd Floor Rooftop level. It overlooks the CN Tower > plus there are Loungers and Barbecues, Aqua Spa Indoor Pool, Sauna, Pool Room and Party Room > The building features a Tim Hortons, Pizza Pizza and other fast food shops on the main level at Front Street. you are steps from John Street where Metro Hall is located. Toronto's Underground City known as The Path which leads you anywhere underground is 5 min walk. Direct access to the Subway System, Transit system. Walk thru to sports events, various attractions and venues, restaurants The Path has lovely Fashion Outlets and easy walk to Shop at the Eatons Centre * Living in the Entertainment District of Downtown Toronto * Additional Fee plus Parking if required $280 p/month
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.
20 Blue Jays Way Unit 517, 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 $5,200/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 29 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.
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 900 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.
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.