$2,700/mo - 33 University Avenue Unit 303, Downtown Toronto
Condo for Rent in Downtown Toronto
- MLS Number
- C13188088
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- FOX MARIN ASSOCIATES LTD.
Welcome to the Empire Plaza at University & King. This thoughtfully designed layout features ample space for both living and dining, a large primary bedroom with a walk-in closet and a 4-piece ensuite, plus a versatile den/solarium ideal for a home office, reading nook or additional lounge space, and a newly renovated kitchen. Durable luxury vinyl flooring was installed throughout in 2023. Set within one of downtown Toronto's most iconic condominium residences, Empire Plaza is renowned for its award-winning architecture, elegant marble lobby, exceptional management and refined living experience. Residents enjoy 24-hour concierge and security, a beautifully landscaped rooftop terrace and garden, a fitness centre, a party room, bicycle storage and underground visitor parking. Perfectly positioned in the heart of the Financial and Entertainment Districts with direct access to the PATH system just across the street. Walk to Union Station, St. Andrew Station, the waterfront, CN Tower, Rogers Centre, Scotiabank Arena, Roy Thomson Hall, theatres, cafés, fine dining, luxury hotels and some of the city's best nightlife. Enjoy neighbourhood favourites like Alo, Ki Modern Japanese, Teatro Verde, Coffee Oysters Champagne and the vibrant King West corridor, all just moments away. Easy access to the Gardiner Expressway and all major transit routes makes commuting effortless while placing the very best of downtown Toronto right at your doorstep. As per the Landlord's direction, the listing brokerage will not permit property showings unless the Tenant is represented by a realtor. If the Listing Agent is asked to show the property directly, full income and credit score documentation must be provided and verified before any visit is arranged.
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.
33 University Avenue Unit 303, 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 $2,700/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.
Market Position
At 20 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.
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.