$7,000/mo - 43 Hanna Avenue Unit 532, Downtown Toronto
Condo for Rent in Downtown Toronto
Popular ListingNeighbourhood: Niagara
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- MLS Number
- C13837034
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- FABIANO REALTY INC.
A rarely offered two-storey residence at the iconic Toy Factory Lofts - an architect-designed interior distinctive enough to have been featured in The Globe and Mail. 1,490 sq ft under 18-foot ceilings, with raw and polished concrete, serpentine exposed ductwork with concealed lighting, and a floor-to-ceiling window wall. The kitchen was rebuilt from scratch as a custom Scavolini installation with Wolf cooktop, Miele dishwasher and wall oven, two full-size integrated drawer fridges, and a hand-welded stainless steel island. A backlit glass wall brings light deep into the plan. A steel-clad custom staircase with sculptural handrail rises to the second level, with a walk-in storage room built beneath it. Two renovated bathrooms, both with smart toilets. Smart lighting and keyless entry throughout. Walk out from the living area to a private 18' x 12' terrace with planters, patio furniture and BBQ - an outdoor room, not a balcony. Offered furnished and with one parking space. Full gym, rooftop terrace and free visitor parking in the building. Strategically situated in the centre of Liberty Village just steps to Metro, LCBO, restaurants, King-Liberty Pedestrian/Cyclist Bridge, TTC, GO, BMO Field, King W., Ossington, Queen W. + so much more!
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 532, 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 $7,000/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.
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.
About Niagara
I know Niagara 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.