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Condo for Rent in Downtown Toronto
New — Listed 3 days agoNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13859456
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- PROMPTON REAL ESTATE SERVICES CORP.
Welcome to Central Condos by Concord Adex -- completed in 2024, right in the heart of Toronto's Entertainment District and tech hub. This stylish one-bedroom, one-bathroom suite features an open layout highlighted by premium kitchen finishes with built-in Miele appliances, Blum cabinetry, and a single-slab porcelain backsplash. The bedroom offers a custom walk-in closet complete with built-in Blum organizers and integrated closet lighting, while the spa-inspired washroom showcases exquisite porcelain stone slabs, a pop-out make-up and shaving mirror, and a custom mirrored vanity with built-in lighting and Blum organizers. As a pioneering first for Toronto, 100% of the building's parking spots-including visitor parking-are equipped with EV chargers. Residents also enjoy smart refrigerated parcel lockers and an incredible array of resort-style amenities; swim-in/swim-out pool, an outdoor glass-bottom hot tub, full-screen outdoor movie and presentation screen, multiple outdoor lounges and BBQ area, private dining function room, a fitness centre with cardio and weights area, yoga studio, golf simulator, co-working space, and a conference room with active privacy windows. Boasting a 100/100 Walk Score, you are less than 200 metres from BestCo and the Independent City Market, Cineplex, and daily essentials. Minutes away are Michelin-star restaurants, TTC streetcars on King and Queen West, major tech giants like Google, Nvidia, Intuit, and Salesforce, the Financial District, and The Well. Vacant and ready for immediate occupancy!
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 WIDMER Street Unit 603, 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 $2,350/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.
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.
Efficient Living
At 0 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.
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.