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Condo for Rent in Downtown Toronto
Popular ListingNeighbourhood: Niagara
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Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C13837324
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY SW REALTY
FURNISHED SHORT-TERM LEASE 1 OVER 1,000 SQ. FT. 1 AVAILABLE OCTOBER 20TH 1 MIN. 6 MONTHS Exceptional furnished living at 809-21 Grand Magazine Street. Offering over 1,000 sq. ft. of beautifully appointed living space, this spacious two-bedroom, two-bathroom suite provides a stylish, turnkey home in Toronto's vibrant Fort York waterfront community. Designed for comfortable everyday living and entertaining, the suite features a generous open-concept living and dining area and a fully equipped chef's kitchen with everything you need to cook, host and feel at home from day one. Two well-proportioned bedrooms and two full bathrooms provide excellent space and privacy, a rare find in downtown furnished living. Simply arrive with your suitcase: the suite is fully furnished and inclusive of hydro and high-speed internet, with one parking space included. Enjoy an exceptional downtown lifestyle steps from the waterfront, parks and trails, The Bentway, Stackt Market and King West, with TTC at your doorstep and easy access to the Financial District, Billy Bishop Airport, Union Station and the Gardiner. Residents enjoy an impressive collection of building amenities, including 24-hour concierge, fitness facilities, indoor pool, rooftop terrace, guest suites and resident entertaining spaces. Spacious, furnished and completely turnkey over 1,000 sq. ft. with parking, hydro & internet included. Available October 20th for a minimum 6-month lease.
Discover Niagara
Niagara 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 Niagara
- •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
Niagara 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.
21 Grand Magazine Street Unit 809, 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 $4,500/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.
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.
About Niagara
I know Niagara 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.