$5,600/mo - 38 Iannuzzi Street Unit PH03, Downtown Toronto
New Construction for Rent in Downtown Toronto
Popular ListingNeighbourhood: Waterfront Communities C1
- MLS Number
- C13675890
- Property Type
- New Construction
- Status
- active
- Days on Site
- 10
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
The consumate Penthouse experience at Lakeshore and Bathurst for living life at its finest. 1,095 sq/ft 2-bedroom 2-bathroom, architecturally unique apartment, with sweeping views on the exclusive Penthouse level, boasting the largest condo unit in the entire building. A completely open wrap-around balcony that must be seen, truly elevates your living experience like nowhere else in Toronto. 10-ft ceilings and floor-to-ceiling windows in every room, architecturally designed to provide views, light, and openness throughout the suite. Forever unobstructed views of the downtown core and western vistas of Lake Ontario, you will never miss another sunset. Chic gourmet kitchen, snow-white quartz countertops, marble backsplash, double Jenn-Air fridge and freezer, full-size integrated KitchenAid cooking appliances and a massive breakfast bar. Living room, dining room and sitting area are all showered with natural sunlight. Mirrored closets in bedrooms with plenty of in-suite storage, two large locker units provide additional space. Integrated custom blinds throughout the entire unit with blackouts in each bedroom. A massive gym, fitness area and spa-like wellness amenities provide variety and your own in-house health retreat at your doorstep. A courtyard experience unlike any other with bbq areas, cabanas and outdoor social spaces. Two side-by-side parking stalls fitting of a penthouse on P1 beside the main elevator. Friendly Concierge staff provide safety and support 24/7. Plenty of visitor parking. TTC, Billy Bishop, Flagship Loblaws, LCBO, Shoppers Drug Mart, Ontario Place, The Bentway, King West, Liberty Village, BMO Field, endless recreational opportunities in abundance. The Lakeshore and Harbourfront are at your feet. Minutes to downtown.
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.
38 Iannuzzi Street Unit PH03, 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 $5,600/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.
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.
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.