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Condo for Rent in Downtown Toronto
Neighbourhood: Niagara
- MLS Number
- C13228046
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- PMT REALTY INC.
Live at the Iconic Industrial Revolution Lofts - A Truly Exceptional Hard Loft Experience! Discover one of Toronto's most distinctive and sought-after loft residences in the heart of the vibrant Richmond West and Trinity Bellwoods neighbourhoods. This rare and expansive hard loft offers approximately 2,744 sq. ft. of thoughtfully designed living space, blending authentic industrial character with sophisticated modern upgrades. Featuring soaring 20+ foot joist ceilings, exposed ductwork, dramatic skylights, custom staircases, and two wood-burning fireplaces, this residence delivers an unparalleled sense of scale and architectural presence. The chef-inspired corner kitchen is equipped with premium stainless steel appliances and seamlessly connects to the expansive living and entertaining areas. Step outside to a spectacular 415 sq. ft. private terrace complete with a gas BBQ connection - an ideal extension of the living space for outdoor dining and entertaining. Additional highlights include remote-controlled window coverings, custom lighting throughout, walk-in closets, and a stunning built-in bookshelf that serves as both a design feature and functional focal point. The luxurious primary retreat offers a spa-inspired ensuite featuring a Hydromax jet bathtub and a custom walk-in rainfall shower. Extensively renovated and meticulously maintained, this exceptional loft combines timeless industrial charm with contemporary comfort and craftsmanship. Located within an award-winning building and surrounded by some of Toronto's best restaurants, cafés, galleries, and boutique shops, this is a rare opportunity to lease a truly one-of-a-kind residence. Don't miss your chance to call this remarkable 3-bedroom, 2-bathroom loft home.
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.
676 Richmond Street Unit 210, 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 $8,700/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.
Market Position
At 30 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.
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.
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.