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Condo for Rent in Downtown Toronto
- MLS Number
- C13187004
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- PMT REALTY INC.
Welcome To Twenty Lofts - The Chicest Loft Living Queen West Has To Offer, Perfectly Situated In The Heart Of Toronto's Vibrant Art & Design District Where Little Portugal, West Queen West, And Liberty Village Converge. This Impeccably Upgraded 1 Bedroom + Den, 1 Bathroom Suite Blends Modern Style With Industrial Character, Featuring 9-Foot Exposed Concrete Ceilings, Expansive Windows, Hardwood Floors, And A Bright Open-Concept Layout Designed For Effortless Entertaining. The Sleek Designer Kitchen Showcases Integrated Stainless Steel Appliances, Contemporary Cabinetry, And An Inviting Centre Island That Anchors The Space. The Spacious Living Area Seamlessly Extends To An Oversized Covered Wrap-Around Balcony Complete With A Gas Line - Perfect For Outdoor Dining, Relaxing, Or Hosting Guests Year-Round. The Open Den Provides The Ideal Work-From-Home Setup Without Compromising Living Space, While The Serene Bedroom Retreat Features Floor-To-Ceiling Windows And Frosted Glass Sliding Doors That Enhance Both Light And Privacy. Residents Enjoy Premium Amenities Including A Rooftop Terrace With BBQs And Lounge Areas, Fully Equipped Fitness Centre, Party & Event Room, Guest Suites, Visitor Parking, Concierge, Security, And Beautifully Designed Outdoor Common Spaces Connecting The Entire Community. Just Steps To The Queen Streetcar, FreshCo, The Drake Hotel, The Gladstone House, Trinity Bellwoods Park, Boutique Fitness Studios, Renowned Restaurants, Trendy Cafés, And Some Of Toronto's Best Galleries And Nightlife - All In One Of The Coolest And Most Walkable Neighbourhoods In The City. Urban Loft Living At Its Absolute Finest - Don't Miss Out!
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 Gladstone Avenue Unit 201, 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 $2,600/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 21 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.