$7,500/mo - 25 Telegram Mews Unit PH5201, Downtown Toronto
Condo for Rent in Downtown Toronto
95 days on market- MLS Number
- C12879924
- Property Type
- Condo
- Status
- active
- Days on Site
- 95
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Downtown Toronto Luxury Penthouse furnished with two parking and Spectacular Skyline Private Terrace 777 sqft. Experience cinematic city living in this two-storey penthouse with an extraordinary entertaining terrace offering breathtaking sunset views over Lake Ontario-a true movie-set skyline backdrop. Completely reimagined with Calcutta quartz counters, glass staircase, full-size appliances, and two primary ensuites featuring spa-style rainfall showers, this residence defines modern elegance. Enjoy two additional balconies for morning coffee and a penthouse-level laundry suite with ambient ceiling lighting, automated blinds, and polished stainless steel finishes. The building's private high-rise lobby, express elevators for upper floors, and heated saltwater pool with 10-person hot tub create a five-star experience, complemented by 24-hour security and contemporary designer hallways. A Sobeys grocery store at street level, Canoe Landing School and Recreation Centre across the street, and swift access to Spadina streetcar, Union Station, and the UP Express make city life effortless. With two side-by-side parking spots, a locker, and an expansive private terrace rarely found downtown, this penthouse offers unmatched luxury and convenience at Toronto's vibrant core. Click "video" or virtual tour for more pics. Sqft quoted has terrace.
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.
25 Telegram Mews Unit PH5201, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $7,500/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.
Negotiation Opportunity
At 95 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.
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.