$2,750/mo - 50 ORDNANCE Street Unit 320, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed yesterdayNeighbourhood: Niagara
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- MLS Number
- C13869408
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX FIND PROPERTIES
GORGEOUS & RARELY OFFERED 1+DEN WITH 2 BATHS, EV CHARGER & OVERSIZED TERRACE!Welcome to Playground Condos-where modern luxury meets an unbeatable downtown lifestyle! This exceptionally designed 1-bedroom + spacious den, 2-bathroom suite offers a rare and highly functional layout, featuring 9.5' ceilings, upgraded laminate flooring throughout, and an expansive terrace with a clear CN Tower view.The open-concept kitchen is designed for both everyday living and entertaining, featuring a beautiful centre island and seamless flow into the bright living area. The large den offers excellent versatility and can easily function as a guest room, home office, or additional living space.Enjoy the convenience of a premium parking and locker combination with your own EV charger, a rare and valuable feature. The spectacular building amenities include a state-of-the-art fitness centre, outdoor pool, sauna, BBQ terrace, elegant party room, theatre room, kids' playroom, guest suites, and beautifully landscaped outdoor spaces.Set within 4 acres of park-like grounds, Playground Condos offers an exceptional urban lifestyle just east of Liberty Village. Walk to the trendy shops, cafés and restaurants of King West and Liberty Village, BMO Field, Exhibition Place and the waterfront. Steps to TTC and Exhibition GO, with quick access to the Gardiner Expressway.A truly rare opportunity combining space, style, outdoor living, 2 bathrooms and EV charging in one of Toronto's most exciting neighbourhoods! Absolutely no AIRBnB, VRBO OR 3rd party or short term leases.
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 ORDNANCE Street Unit 320, 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 $2,750/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.
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 600 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.