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Condo for Rent in Downtown Toronto
New — Listed 6 days ago- MLS Number
- C13435656
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Harbourfront Living at Its Best - 2 Bed Condo with Stunning Lake Views! Welcome to Unit 1705 at 250 Queens Quay W, where city living meets waterfront serenity. This beautifully maintained 2-bedroom, 1-bathroom condo offers 800+ square feet of smartly designed living space in one of Toronto's most desirable neighbourhoods. Step inside to a bright, open-concept layout with newly installed windows that flood the space with natural light and offer breathtaking views of Lake Ontario. The spacious living and dining areas flow seamlessly ideal for entertaining or relaxing after a day in the city. The updated kitchen features modern cabinetry, large quartz island, stainless steel appliances, and plenty of storage for your culinary needs. Both bedrooms feature stunning views of the CN Tower, and boast ample closet space with built in dressers. The sleek, updated 3-piece bath completes the space with style. Enjoy 24-hour concierge, gym, BBQ facilities on rooftop deck with 360 degree unobstructed lake and city views in this well-managed building. Engineered Floors throughout. Just steps from the Martin Goodman Trail, ferries, Union Station, the PATH, Gardiner Expressway, Rogers Centre, Scotia Arena, Aquarium, all the vibrant shops, cafes, and culture the Harbourfront has to offer. One Locker included. Currently included Bell Gigabit Fibre 1.5 High Speed internet and 300 TV Channels+ Crave, HBO, STARZ. Tenant to pay Electricity and Provide Tenant Insurance. $300 Key/Fob Refundable Deposit. No Pets and No Smoking. Don't miss your chance to live by the lake in the heart of Harbourfront Toronto! Photos on this Listing are from previous year's listing of 2025. Please see the Video of the Photos on URL: https://www.youtube.com/watch?v=JU1detVlR5c.
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.
250 Queens Quay N/A Unit 1705, 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 $2,900/mo, this is in line with typical 2-bedroom rents in Downtown Toronto (~$2,900/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 800 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.