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Multi-Family for Rent in Downtown Toronto
Popular ListingNeighbourhood: Little Portugal
- MLS Number
- C13486162
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 13
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- CENTURY 21 REGAL REALTY INC.
Great location! Situated on a quiet residential street, yet still a very short walk to Queen St West, shops, restaurants, grocery stores, Queen Street car and Dufferin bus.This light-filled one bedroom apt is located on the 2nd floor of a charming 4 unit apt building.The kitchen was renovated in 2023 with stainless steel appliances, gas stove microwave and dishwasher.The bedroom is big enough to fit a king size bed.Hardwood floors throughout.Ductless A/C in the apt so you control how cool you want it in the summer.Shared laundry in the basement. A small storage space in the basement great for seasonal and sports equipment.Bicycle parking out front. NOTE: This apartment does not have any private outdoor space. Parking is on the street by city permit. Floor Plan available in the last Picture. Tenant pays for Hydro and Gas for Stove / Domestic Hotwater about 80-100 / month. Landlord Pays for Heat. Apt. about 550 sq. feet. Cats are ok.
Discover Little Portugal
Little Portugal 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 Little Portugal
- •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
Little Portugal 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.
89 Gladstone Avenue Unit 3, 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 $2,300/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.
About Little Portugal
I know Little Portugal 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.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.