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Condo for Rent in Downtown Toronto
New — Listed 5 days agoNeighbourhood: Niagara
- MLS Number
- C13512812
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,750 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Paying homage to the Toy Factory Loft name, this rarely available, 2800 sf, 3-storey, 3+1 bed,4 bath loft is not your average toy! Slink your way through the sexy foyer offering a custom feature wall of wood chips and moss while you enjoy the state-of-the-art Chef's Kitchen overlooking the sunken dining room and living room with 20' ceilings, floor-to-ceiling windows, sunny south views and heated polished concrete floors throughout the 3 rooms. Make your way up the open staircase featuring a skylight which adds further ambience, while you cozy up in the primary suite offering a second skylight, heated floors and a masterful custom walk-in closet with an alluring marble shower with two benches, two vanities and two separate wash closets. While the 2nd bedroom offers views of the living room, double closet & a 3-pc ensuite bath off the Media/Family Room. Relish in your private 700 sf south facing rooftop terrace with an outdoor shower, built-in seating & gas firepit perfect for hosting1 Parking Space. Heated Floors in Living, Dining, Kitchen, Primary Bedroom + Ensuite Bathroom. Top of the Line Appliances, 2 Skylights, NB: "Other" is 700' rooftop south facing terrace
Discover Niagara
Niagara 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 Niagara
- •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
Niagara 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.
43 Hanna Avenue Unit 441, 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 $10,900/mo, this is asking above the typical 4-bedroom rent of ~$4,200/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.
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.
Larger Home Realities
At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.