224 King Street Unit 3001, Toronto C01

Price: $3,200

1 bedrooms, 1 bathrooms

600 sqft

Property Type: New Construction

MLS#: C13245864

Theatre Park luxury 1BR+den on 30th floor. 625sf of grand elegance w/ exposed concrete, hardwood, floor-to-ceiling windows & NW city views. Sleek kitchen features quartz counters. Steps to St. Andrew subway, PATH & streetcars. Perfect 10/10 walk & transit score. Right in Toronto's Theatre District across from Roy Thomson Hall. Includes a locker & large 115 sf balcony w/ gas-connected BBQ. Perfect for professionals seeking a refined, cosmopolitan lifestyle.

224 King Street Unit 3001 - New Construction photo 1 of 11 in Downtown Toronto / Waterfront, Ontario
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224 King Street Unit 3001 - New Construction photo 10 of 11 in Downtown Toronto / Waterfront, Ontario
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$3,200/mo - 224 King Street Unit 3001, Downtown Toronto

New Construction for Rent in Downtown Toronto

Popular Listing
1Beds
1Baths
600Sq Ft
New Construction
Property Details
MLS Number
C13245864
Property Type
New Construction
Status
active
Days on Site
10
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
T-ONE GROUP REALTY INC.,
Description

Theatre Park luxury 1BR+den on 30th floor. 625sf of grand elegance w/ exposed concrete, hardwood, floor-to-ceiling windows & NW city views. Sleek kitchen features quartz counters. Steps to St. Andrew subway, PATH & streetcars. Perfect 10/10 walk & transit score. Right in Toronto's Theatre District across from Roy Thomson Hall. Includes a locker & large 115 sf balcony w/ gas-connected BBQ. Perfect for professionals seeking a refined, cosmopolitan lifestyle.

Neighbourhood Guide: Downtown Toronto / Waterfront

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

224 King Street Unit 3001, Downtown Toronto / Waterfront

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,200/mo
↑ Above typical 1-bed market rent
Annual Rent Cost
$38,400
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,200/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$3,330/mo

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Above Market Rent

At $3,200/mo, this is asking above the typical 1-bedroom rent of ~$2,300/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.

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.

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    224 King Street Unit 3001 | $3,200 | Battaglia Team