$4,595/mo - 20 Stewart Street Unit 703, Downtown Toronto
Condo for Rent in Downtown Toronto
39 days on market- MLS Number
- C13105162
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Ensuite+Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
Executive Rental In Boutique Building. This Recently Updated 2 Level Unit Has Unique Details And Finishes Plus A Stunning Terrace To Entice Discerning Tenants. The Kitchen Features Concrete Counters, Built-In Wall Oven And Microwave, And A Separate Cook Top. Note The Full-Size Fridge, Separate Wine/Beverage Fridge And Large Pantry! The Built-In Dining Table seats 6 easily. The Living Area Includes Built-In Storage/TV Stand And Accommodates Full-Size Furniture. And The Full Wall Of Floor To Ceiling Windows Allow For Glorious Natural Light Thanks To Southern Exposure. The Large Terrace Has A Gas Line For Your Outdoor Dining Pleasure with only the penthouse terrace above the 8th floor, you have no neighbors above, making this an exceptionally quiet home. Also On The Main Level: 2 Pc Bath, Laundry, Entry Closet And En-Suite Storage Under The Stairs. On The Second Level Are 2 Bedrooms, Both With Walk-In Closets And En-Suite Baths. The Second Bedroom Features A Murphy Bed Making It Ideal To Use As A Home Office Or Guest Suite there is also an exit to the 8th floor hallway and elevator on this floor. All Windows Have Custom Blinds. Freshly Painted Throughout. Parking Is On The Exclusive Surface Level Lot With Direct Access To The Lobby. An Additional Storage Locker Is Also Included. All The Energy, Excitement And Convenience Of King West Is At Your Door, Including Restaurants, Bars, Parks, Groceries, Multiple Fitness Options, Transit, Roof-Top Lounges, Easy Highway Access, Sports And Concert Arenas... There's Nothing You Can't Access Within Minutes! Pets Will Be Considered But Dogs Must Be Under 50 Lbs. This Is A Non-Smoking Building. Heat, AC And Water Are Included In The Lease. Tenant Pays Hydro (Separately Metered).
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 Stewart Street Unit 703, 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 $4,595/mo, this is asking above the typical 2-bedroom rent of ~$2,900/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.
Market Position
At 39 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.
Bathroom Count Matters
With 3 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.
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.