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Condo for Rent in Downtown Toronto
- MLS Number
- C13155518
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- Enclosed
- Listing Brokerage
- Royal LePage Our Neighbourhood Realty
Stylish 1+Den, 1-Bath Condo in the Heart of Downtown Toronto. Located at 20 Blue Jays Way, Toronto, ON M5V 3W6. Approximately 650 Sq. Ft. Tenant Pays Hydro. Available July 1st.Modern condo featuring an open-concept layout with floor-to-ceiling windows providing excellent natural light. The unit includes a Murphy bed with mattress in the primary bedroom, as well as customized closets and ample storage space throughout.Functional layout with spacious living and dining areas. The den can be used as a second bedroom, home office, or additional living space. Contemporary kitchen with modern finishes.Prime downtown location within walking distance to the Rogers Centre, CN Tower, Scotiabank Arena, Metro Toronto Convention Centre, restaurants, cafés, grocery stores, shopping, and entertainment. Convenient access to public transit, Union Station, Spadina Avenue, and the Gardiner Expressway.Building amenities include fitness centre, indoor swimming pool, games area, party room, guest suites, 24-hour concierge, and security.Move-in ready July 1st. Ideal for professionals seeking convenient downtown living in a highly desirable location.
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.
20 Blue Jays Way Unit 603, 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
Competitive Rent
At $2,450/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Downtown Toronto. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 26 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 600 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.
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.