$2,350/mo - 208 Queens Quay Unit 2408, Downtown Toronto
Condo for Rent in Downtown Toronto
72 days on market- MLS Number
- C12958300
- Property Type
- Condo
- Status
- active
- Days on Site
- 72
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to Water Club II - South Tower, one of Toronto's premier waterfront residences. This stunning one-bedroom suite offers a breathtaking, unobstructed 180 southwest panorama of Lake Ontario, the Toronto Islands, the harbour, and nightly sunsets through expansive floor-to-ceiling windows. A bright, airy open-concept layout with 9 ft ceilings, elegant laminate flooring, granite kitchen counters with breakfast bar, stainless steel appliances, and a spacious bedroom with generous closet space creates an inviting and luxurious living experience elevated by the remarkable view. Live directly on the Queens Quay promenade in the heart of the Harbourfront with unrivalled access to waterfront parks, the marina, cultural programming at Harbourfront Centre, the boardwalk, bike/jogging paths, the ferry terminal, restaurants, cafes, and vibrant year-round amenities. Exceptional convenience: Farm Boy, Longo's, Loblaws, Starbucks, transit, the PATH, Union Station, Financial District, Scotiabank Arena, Rogers Centre, and Billy Bishop Airport are all within a short walk, making this one of the most connected and desirable locations in the city. A rare advantage in today's rental market: all utilities are included-heat, hydro, water, and air conditioning-offering outstanding value and predictable monthly living costs. Residents of Water Club II enjoy a superior amenity package with 24-hour concierge, an impressive indoor/outdoor pool with sundeck, fully equipped fitness centre, sauna/steam rooms, party room, billiards room, guest suites, and a landscaped rooftop terrace with BBQ areas. Experience the best of Toronto's waterfront lifestyle in a high-floor suite that delivers luxury, convenience, and spectacular lakefront living.
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.
208 Queens Quay Unit 2408, 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 $2,350/mo, this is in line with typical 1-bedroom rents in Downtown Toronto (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Negotiation Opportunity
At 72 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 500 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.