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Condo for Rent in Downtown Toronto
New — Listed 7 days agoNeighbourhood: Bay Street Corridor
- MLS Number
- C13508814
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Modern 1-Bedroom Condo in the Heart of Downtown Toronto !Welcome to urban living at its finest! This carpet-free 1-bedroom condo offers the perfect blend of comfort and convenience, enjoy a bright open-concept living space with soaring 9 ceilings and floor-to-ceiling windows, the living area offers an open-concept to a modern Kitchen with stainless steel appliances, Granite counters and walks out to an impressive 142 SF balcony with a great view of city and park, perfect for morning coffee or evening relaxation, the great size bedroom features a large window with an open view. The building boasts top-tier amenities, **Fitness Center**: A fully equipped gym for all your workout needs. **Rooftop Lounge**: Offers panoramic city views, perfect for relaxation or entertaining guests. **Outdoor Pool** A refreshing spot during the warmer months. **Concierge Service**: 24/7 assistance for residents. **Party/Meeting Room**: Available for private events or gatherings. Location is the Key, **University of Toronto**: Just a short walk away, making it ideal for students and faculty. **Yorkville**: A few blocks north, this upscale neighborhood boasts luxury shopping, fine dining, and art galleries. **Bloor-Yonge Intersection**: A major commercial hub with numerous shops, restaurants, and services. **Public Transit**: Wellesley Station is approximately 0.5 kilometers away, Bloor Station is also close, providing easy access to the TTC subway system. This unit is Ideal for professionals, students, or anyone looking to enjoy the best of downtown living!
Discover Bay Street Corridor
Bay Street Corridor 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 Bay Street Corridor
- •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
Bay Street Corridor 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.
57 St Joseph Street Unit 3009, 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 $2,500/mo, this is in line with typical 1-bedroom rents in Downtown Toronto (~$2,300/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 0 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 Bay Street Corridor
I know Bay Street Corridor 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.