$11,500/mo - 311 Bay Street Unit 5202, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed 6 days agoNeighbourhood: Bay Street Corridor
- MLS Number
- C13686792
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 2,250 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- RD&CO. REALTY INC
Live Above Toronto's Financial District at The St. Regis Toronto. A rare opportunity to lease an exceptional 2,264 sq. ft. residence on the 52nd floor of The St. Regis Toronto, at Bay & Adelaide in the heart of the Financial District. Designed for privacy, space and five-star living, this sophisticated 2-bedroom, 3-bathroom residence features direct elevator access to a private vestibule, creating a discreet and exclusive arrival experience. Approx. 10.5-ft coffered ceilings and expansive principal rooms provide an impressive setting for living and entertaining. A chef-inspired kitchen features a centre island and premium built-in appliances. The impressive primary suite offers a walk-in closet and spa-inspired 6-piece ensuite, while the spacious second bedroom features its own 3-piece ensuite. Residents enjoy 24-hour concierge service and exceptional St. Regis amenities, including an indoor pool, fitness centre and spa facilities. Enjoy Toronto's leading business addresses, acclaimed restaurants, luxury shopping and premier entertainment moments from your door, with the PATH providing convenient connectivity throughout the downtown core. From business and fine dining to sporting events, theatre and culture, experience effortless access to the best of downtown Toronto. An exceptional residence for an executive, corporate relocation or discerning tenant seeking privacy, discretion, five-star hospitality and an extraordinary downtown lifestyle. A professionally furnished option is available for those seeking a refined, turnkey residence. Valet parking for one vehicle may be arranged directly with the independent valet operator at an additional charge; consult the operator for additional parking and rates. À la carte hotel services and spa treatments are also available. Note: Some photos have been virtually staged
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.
311 Bay Street Unit 5202, 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 $11,500/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.
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.
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 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.