$2,700/mo - 50 Lynn Williams Street Unit 407, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed 5 days agoNeighbourhood: Niagara
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- MLS Number
- C13854420
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Unique South Facing 2-Storey Loft With Private Exposure Overlooking Liberty Village Park. Updated Kitchen On Main Level With Spacious Living/Dining Room, & Powder Room. Upper Level Has A Large Primary Bedroom (fits a King bed, dresser, & desk if required!), Ensuite Bathroom With Stand-Up Shower, Separate Soaker Tub, & Massive Walk-In Closet. Double Sliding Doors Lead To Extra Wide Balcony. Skip The Elevator - Walk Up To Your Unit! Locker Located Conveniently Across The Hall From Suite. 1 Parking Spot. Amenities Include: Gym, Indoor Pool, Theatre, Guest Suites, Party Rooms, Visitor Parking, 24 Hour Concierge. Experience This Stand-Alone Community With Access To Everyday Essentials Like Grocery, Banks, Gyms, LCBO, Highway/GO Station. Enjoy All The Food + Drink LV Has To Offer From Vetted Faves Like Local, Liberty Soho, And More. Want To Leave The Bubble? Head Across The King Liberty Bridge For Easy Access To King/Queen West, King St Transit & Trinity Bellwoods, Or Jaunt Down To The Waterfront And Enjoy A Day In Coronation Park. Walking Distance To RBC Amphitheatre + BMO Field. Available Nov 1st.
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.
50 Lynn Williams Street Unit 407, 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 $2,700/mo, this is asking above the typical 1-bedroom rent of ~$2,300/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.
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 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.