$3,000/mo - 89 McCaul Street Unit 919, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed 6 days agoNeighbourhood: Kensington-Chinatown
- MLS Number
- C13497514
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to a truly rare, impeccably maintained urban sanctuary nestled within "The Grange"-one of Toronto's most unique and coveted residential communities. Situated on a desirable mid-rise level, this exceptional two-bedroom, one-bathroom residence features an ultra-functional floor plan designed with absolute efficiency and zero wasted space. The heart of the home is a sun-drenched, capacious living and dining area that flows seamlessly out to a massive corner balcony, complete with custom awning coverage for private outdoor enjoyment. Both spacious bedrooms serve as bright retreats, flooded with natural light through expansive windows and equipped with generous double closets. Practicality meets convenience with a sizable, dedicated laundry room that offers ample integrated storage. Residents enjoy exclusive access to an impressive, wide spectrum of lifestyle amenities. This includes a sparkling outdoor pool, a relaxing sauna, a fully equipped gym, a games room, and a sophisticated party area perfect for entertaining. Perfectly positioned in the absolute heart of Toronto's creative and artistic epicentre, you are just steps away from world-class landmarks including the Art Gallery of Ontario (AGO), the historic Grange House, and the avant-garde architecture of OCAD University. Balancing vibrant city energy with serene natural beauty, the bustling green retreat of the historic 2-hectare Grange Park sits directly across the street. Experience ultimate peace of mind and worry-free living, as the monthly rent is completely all-inclusive of utilities: water, central A/C, heating, cable TV, and high-speed internet.
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.
89 McCaul Street Unit 919, 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 $3,000/mo, this is in line with typical 2-bedroom rents in Downtown Toronto (~$2,900/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
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.
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 Kensington-Chinatown
I know Kensington-Chinatown 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.