$2,500/mo - 397 Front Street Unit 2907, Downtown Toronto
Condo for Rent in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13653864
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Welcome To Apex At CityPlace! This immaculate one-bedroom plus nook suite offers the perfect blend of comfort, style, and convenience in the heart of downtown Toronto. Perched on a highfloor with spectacular city views, this bright and meticulously maintained home features laminate flooring throughout and a modern kitchen complete with granite countertops, white appliances, and ample cabinetry. The versatile nook provides the perfect space for a home office or study area, while the spacious bedroom offers dual closets for exceptional storage. An updated washer and dryer add everyday convenience, and the private balcony is the perfect place to enjoy your morning coffee or unwind in the evening while taking in the city skyline.Offering 585 square feet of interior living space plus an additional 20-square-foot balcony, this suite also includes one underground parking space, with heating, electricity, water, and air conditioning all included in the rent. Residents enjoy an exceptional collection of resort-style amenities, including a 24-hour concierge, indoor pool, fully equipped fitness centre, basketball court, theatre room, spa, business centre, party room, outdoor patio, and BBQ area.Ideally situated in one of downtown Toronto's most desirable neighbourhoods, you're just steps to The Well, Shops & Restaurants, Rogers Centre, CN Tower, Scotiabank Arena, UnionStation, The Well, The PATH, TTC, waterfront trails, countless restaurants, cafés, grocery stores, and all the everyday essentials. Easy access to the Gardiner Expressway makes commuting a breeze. Whether you're a young professional or simply looking to experience the very best of downtown living, this exceptional suite offers the ultimate urban lifestyle. Walk Score of 98 and a perfect Transit Score of 100, virtually everything you need is right at your doorstep.
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.
397 Front Street Unit 2907, 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
Competitive Rent
At $2,500/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Downtown Toronto. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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.