$2,100/mo - 361 Front Street Unit 106, Downtown Toronto
Condo for Rent in Downtown Toronto
131 days on market- MLS Number
- C12784568
- Property Type
- Condo
- Status
- active
- Days on Site
- 131
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Let me introduce the Matrix Condos, and you will want to take the red pill to venture down the rabbit hole and experience everything this building has to offer! The list is endless but to begin with there's 24 hour concierge/security. Luxurious amenities including a ground floor outdoor terrace with lounge area and an indoor gymnasium located in the adjacent Apex Tower (381 Front St) accommodating a half basketball court, ping pong table, volleyball, badminton, and soccer. Second floor access to "Club Vista" spa and hair salon, fitness and weight areas, board/meeting rooms, billiards, a theatre and party rooms. An indoor lap pool with a jacuzzi and outdoor tanning deck with barbecues. The building also offers guest suites and visitor parking. All of this in addition to a well appointed 1 bdrm unit with brand new floors, 10 ft ceilings, freshly painted and ready for you to call home. The unit is located on the first floor which means NO waiting for elevators!! It also includes one parking spot and ALL utilities except for internet! If you want to be in the centre of it all THIS is your chance! Steps to Toronto's Harbourfront, TTC street car, Sobeys, Loblaws, Shoppers, LCBO, Starbucks, Tim Hortons, cafes, restaurants, banks, parks, schools, library and Canoe Landing Community Recreation Centre. Minutes to Coronation Park, the multi-use Martin Goodman walking, running and cycling trail, dog park, Billy Bishop Airport, BMO Field, CNE, the city's finest entertainment lounges, restaurants and theatres on King Street West. A short walk to CN Tower, Rogers Centre, Ripley's Aquarium, Scotiabank Arena, Union Station, the underground PATH, and both the financial and entertainment districts.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
361 Front Street Unit 106, 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 $2,100/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.
Negotiation Opportunity
At 131 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.