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Condo for Rent in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13456438
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- AGENTONDUTY INC.
Located in Toronto's highly desirable Harbourfront neighbourhood, this home offers an exceptional waterfront lifestyle while remaining just minutes from the heart of downtown. Step outside and connect directly to the Martin Goodman Trail, one of the city's most popular waterfront pathways, ideal for walking, jogging, cycling, rollerblading, or simply enjoying the beauty of the lake.Enjoy the convenience of being within walking distance to Toronto's Financial District, Union Station, Scotiabank Arena, Rogers Centre, Harbourfront Centre, Queens Quay, restaurants, cafés, grocery stores, parks, and entertainment venues. Whether you're commuting to work, meeting friends for dinner, or taking in a concert or sporting event, everything you need is close at hand.For drivers, easy access to the Gardiner Expressway, Don Valley Parkway, and Lake Shore Boulevard makes travelling throughout the city simple and convenient. Public transit is also readily accessible with streetcar service nearby.This well-maintained waterfront suite is ideal for professionals seeking a peaceful lakeside setting without sacrificing the convenience and energy of downtown living. Enjoy morning coffee overlooking the water, evening walks along the waterfront, and stunning sunsets from the comfort of your own home.A rare opportunity to lease a beautifully located waterfront residence with some of the most impressive lake views Toronto has to offer. Experience the perfect combination of natural beauty, urban convenience, and an unbeatable Harbourfront lifestyle.
Discover Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •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
Waterfront Communities C1 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.
77 Harbour Square Unit 2711, 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 $3,050/mo, this is asking above the typical 1-bedroom rent of ~$2,300/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 20 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 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.
About Waterfront Communities C1
I know Waterfront Communities C1 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.