$3,100/mo - 400 King Street Unit 1522, Downtown Toronto
Condo for Rent in Downtown Toronto
39 days on marketNeighbourhood: Waterfront Communities C1
- MLS Number
- C13570034
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to Suite 1522 at 400 King Street West, where luxury, style, and convenience come together in the heart of Toronto's vibrant Entertainment District. Be the first to live in this stunning brand-new residence featuring 2 bedrooms, 2 full bathrooms, and the rare advantage of windows in both bedrooms. This suite offers the perfect balance of privacy, comfort, and modern urban living. The elegant interior showcases premium finishes throughout, complemented by top-of-the-line appliances and contemporary design details. Floor-to-ceiling windows flood the open-concept living space with natural light, creating a bright and inviting atmosphere. The modern kitchen seamlessly flows into the living and dining areas, making it ideal for both everyday living and entertaining. Perfectly positioned in one of Toronto's most desirable neighbourhoods, this exceptional residence places you steps from world-class restaurants, cafés, boutique shopping, theatres, nightlife, and convenient transit options. Enjoy all the excitement and energy of King West while having a luxurious retreat to call home. With two spacious bedrooms and two full bathrooms, this versatile layout is ideal for professionals, couples, roommates, or those working from home. Offering flexibility, functionality, and privacy, the suite is designed to accommodate a variety of lifestyles. Residents will also enjoy the benefits of luxury condominium living, including premium building amenities, professional management, and one of the city's most sought-after addresses. This is a rare opportunity to experience elevated downtown living in a brand-new suite at one of Toronto's premier destinations.
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.
400 King Street Unit 1522, 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 $3,100/mo, this is in line with typical 2-bedroom rents in Downtown Toronto (~$2,900/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 39 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 700 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.