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Condo for Rent in Downtown Toronto
Neighbourhood: Waterfront Communities C1
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- MLS Number
- C13764798
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Welcome to The Charlie! Nestled in a Peaceful Pocket this Building places you at the epicenter of Toronto's Entertainment District. Developed by Great Gulf and designed by Cecconi Simone, this building is often cited for its hotel-inspired sophistication and prime urban location. Your New Home Features Nearly 1,000 Square Feet with 2 Bedrooms, Both With Ample Closet Space, 2 Full Bathrooms with an Ensuite Deep Soaker Tub to Relax in Peace. A Massive Den to Turn into Any Space you Desire, Open Kitchen with an Island that can seat an Entire Family and a Bright Spacious to Dine and enjoy your Living Room. The interiors at Charlie focus on balanced design, blending functionality with an upscale aesthetic. This Building is almost unmatched in Amenities with your One Stop R&R Floor from a Full Gym/Fitness Centre, Aerobics Studio, Steam Room, Piano Lounge, Media Room & Games Room. In the summer, the 7th-floor terrace becomes the building's social hub with an Outdoor Pool, Sundeck, Dining Lounge, Kitchen & Outdoor Bbq's. Step Outside the Front Door With a Walk Score of 99 this is an Unbeatable "Walk-to-Everything" Location every Necessity from Groceries to Shopping, Restaurants or Entertainment. Immediate access to the King and Spadina streetcar lines, which connect directly to the Yonge-University subway line and Union Station.
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.
8 Charlotte Street Unit 405, 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 $3,900/mo, this is in line with typical 3-bedroom rents in Downtown Toronto (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 27 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 900 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.
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.