$4,500/mo - 62 Henry Street Unit 2, Downtown Toronto
Semi-Detached for Rent in Downtown Toronto
New — Listed 2 days agoNeighbourhood: Kensington-Chinatown
- MLS Number
- C13701768
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RE/MAX PRIME PROPERTIES - UNIQUE GROUP
BRAND NEW RENOVATED 3 BDRM/3BTH UNIT ACROSS FROM UofT! This newly just renovated very bright unit has 3 large bedrooms, 3bth, 2 large balconies (one facing east, and the other facing west) is located on a tree-lined quiet street on the 2 nd and 3 rd floor of a renovated Victorian house minutes to: OCAD, TMU, TEACHING HOSPITALS, GOV'T OFFICES, FINANCIAL DISTRICT, 2 SUBWAY LINES, STREETCARS, 7 LARGE SUPERMARKETS, SHOPPING, CHINATOWN, BALDWIN VILLAGE, KENSINGTON MARKET, PARKS, LIBRARIES, EATON CENTRE, AND LOTS OF CULTURAL CENTRES AND ATTRACTIONS.2 nd Fl: 1 bdrm with ensuite bath; large kitchen to walk out balcony; dining area3 rd Fl: 2 bdrms with 2 large ensuite bath; 2 skylights, lots of windows; large balcony Rooms will be furnished.BALDWIN VILLAGE: Minutes to vibrant Baldwin Village which is a cozy little street lined with patios, coffee shops, eclectic mix of international restaurants (including Michelin Recommended Koh Lipe),sandwich shops, etc with a bohemian atmosphereTRANSIT: 3-5 min walk to Queens Park or St. Patrick Subway station; 3 streetcar lines, SUPERMARKETS: 7 large supermarkets all within a short 5-15 min walk-Metro, 2 T&T, Farmboy, Freshco, Loblaws, No Frills, Lucky Moose SCHOOLS: UofT across the street; OCAD 3min walk; TGH,MSH, PMH, Sick Kids, Toronto Rehab all within a 5 min walkKENSINGTON MKT, CHINATOWN: A short 5-10 min walk to Chinatown and Kensington Mkt for all your fresh fruits, veggies, baked goods, coffee shops, cheese shops, etc.Walk score: 10/10Utilities extra. Wifi included. Laundry in the building.
Discover Kensington-Chinatown
Kensington-Chinatown 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 Kensington-Chinatown
- •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
Kensington-Chinatown 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.
62 Henry Street Unit 2, 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 $4,500/mo, this is asking above the typical 3-bedroom rent of ~$3,500/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.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.