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Detached for Rent in Downtown Toronto
New — Listed 6 days ago- MLS Number
- C13427536
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Discover a truly unique detached home in the heart of Trinity Bellwoods, perfectly situated in what 'Time Out magazine' named as one of the "coolest streets" in the world - Ossington. Sitting on a super rare 25 x 134 ft lot, this exceptional property blends luxury, warmth, and functionality with high-end custom finishes throughout. The main floor offers a seamless indoor/outdoor living experience, featuring elegant herringbone flooring, 11 ft quartzite kitchen island and coffee station, and a striking accordion door imported from Italy - perfect for elevated indoor/outdoor entertaining. There are too many updates to list, please refer to the attached feature sheet for full details. The backyard is fully landscaped and designed for easy maintenance, complete with beech trees that create natural privacy and a fully loaded outdoor kitchen, making the space ideal for gatherings and year-round enjoyment. Upstairs offers 3 generous bedrooms, while the thoughtfully designed basement features 7.6 ft ceiling height, a spacious guest bedroom, two washrooms including a cold plunge spa, sauna, a home gym, rough-in for a kitchen, and a convenient walkout, creating a highly functional lower-level living space. A rare advantage in this neighbourhood is the spacious 2-car garage that fits two large vehicles comfortably, includes extra storage space, and comes equipped with an EV charger. Located in one of Toronto's most sought-after pockets, this home offers unmatched convenience. Enjoy a Walk Score of 96, placing you steps from Trinity Bellwoods Park, Ossington's top Michelin guide restaurants, cafes, boutiques, transit, and vibrant community amenities. A truly special home in an unbeatable neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$82.09/mo
Includes CMHC insurance ($446)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
18 Foxley Street, 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 $16,000/mo, this is asking above the typical 4-bedroom rent of ~$4,200/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.
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.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.