$3,700/mo - 459 Queen Street Unit 2nd Fl, Downtown Toronto
Townhouse for Rent in Downtown Toronto
New — Listed 2 days agoNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13860318
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- UNION CAPITAL REALTY
RARELY OFFERED HOME IN THE HEART OF TORONTO! Incredible opportunity to live in one of Downtown Toronto's most vibrant and walkable neighbourhoods. This spacious 3-BEDROOM, 1-BATH, 2-STOREY HOME offers impressive 10-FT CEILINGS, character-filled details, generous principal rooms and the space rarely found in a typical downtown condo. Enjoy a functional layout with three well-sized bedrooms, bright living and dining areas, hardwood flooring, large windows and plenty of flexibility for professionals, roommates, students or families looking for more space in the city. 1 PARKING SPACE INCLUDED - an exceptional bonus in this location. Step outside and you are immediately surrounded by everything Downtown Toronto has to offer. Located at QUEEN & SPADINA, just steps to TTC, Queen Street West, Chinatown, Kensington Market, restaurants, cafes, nightlife and everyday shopping. Minutes to U of T, TMU, the Financial District, Entertainment District, Gardiner Expressway and Lakeshore. Perfect for those who DON'T WANT TO LIVE IN A SMALL CONDO and want the space, character and privacy of a house while still enjoying an unbeatable downtown lifestyle.
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.
459 Queen Street Unit 2nd Fl, 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 $3,700/mo, this is in line with typical 3-bedroom rents in Downtown Toronto (~$3,500/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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.