$1,999/mo - 51 Lady Bank Road Unit 201, Corso Italia
Condo for Rent in Corso Italia
34 days on marketNeighbourhood: Stonegate-Queensway
- MLS Number
- W13585454
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- WEB MAX REALTY INC.
Welcome to Unit 201 at The Hive Lofts, a bright and inviting south-facing 1-bedroom suite in this intimate, boutique 6-storey building with only 18 units. Designed by Teeple Architects and completed in 2014, this soft-loft residence perfectly blends modernist architecture with practical, low-maintenance living in Toronto's desirable Stonegate-Queensway neighbourhood. Step inside this approx. 545 sqft open-concept layout featuring approx. 9 foot exposed concrete ceilings that create an airy, voluminous feel. Floor-to-ceiling windows flood the south facing space with abundant natural light, highlighting the crisp, clean lines, sleek minimalist finishes, and designer touches throughout. The sun-filled living area flows seamlessly into a stylish chef's kitchen equipped with quartz countertops, modern Euro-style cabinetry, stainless steel appliances, and a gas stove, ideal for everyday cooking or entertaining. The spacious bedroom offers a generous walk-in closet for ample storage, while the updated modern bathroom provides contemporary comfort. This carpet-free home includes a private balcony/patio for outdoor enjoyment, plus a dedicated locker. Additional highlights include in-suite laundry and a thoughtful layout optimized for privacy and functionality which are hallmarks of the distinctive floor plans found throughout the building. The Hive Lofts stands out with its unique stacked parking system (separate rental), BBQs permitted, phone entry security. Maint fees paid by landlord covers heat, water, waste, and building security. Tenant pays electricity. Internet is available at Tenant's cost. Residents enjoy a high walk score with easy access to transit (TTC Queensway bus steps away), the Gardiner Expressway, CF Sherway Gardens, Cineplex Queensway, Costco, Great Lakes Brewery, parks, and downtown Toronto is just mins away.Whether you're a young professional, downsizer, or investor, this furnished-ready represents exceptional value in an up-and-coming Etobicoke pocket.
Discover Stonegate-Queensway
Stonegate-Queensway 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 Stonegate-Queensway
- •Convenient location in Corso Italia / Dufferin Grove
- •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
Stonegate-Queensway 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.
51 Lady Bank Road Unit 201, Corso Italia / Dufferin Grove
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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
Competitive Rent
At $1,999/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Corso Italia. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 500 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 Stonegate-Queensway
I know Stonegate-Queensway 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.