$1,900/mo - 40 Godstone Road Unit 1507, Downtown Toronto
Detached for Rent in Downtown Toronto
Popular Listing- MLS Number
- C13249940
- Property Type
- Detached
- Status
- active
- Days on Site
- 11
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Welcome to Suite 1507 at 40 Godstone Road. A beautifully renovated, oversized one-bedroom residence offering exceptional space, value and natural light in a convenient north-Toronto location; overlooking peaceful green space and steps to Fairview mall. This bright and inviting suite offers comfort, convenience and functionality with generous room proportions and expansive views. The renovated eat-in kitchen offers excellent storage, great counter space, and modern appliances. A separate dining area adds versatility for entertaining, while the expansive living room (approx. 12' x17') provides rare scale for a one-bedroom condo, comfortably fitting full-sized furniture with ease; and ample room for a home-office with media storage. The bedroom is generously sized with a walk-in closet offering excellent storage, and the renovated bathroom features fresh, contemporary finishes for a fully move-in-ready experience. A true highlight is the oversized private balcony (approx. 20' x 6'), extending the living space outdoors. With open treed views and tranquil park outlooks, it offers a quiet retreat for morning coffee or evening relaxation. Ideally situated in a well-established and highly convenient neighbourhood, the building is nestled in a nice neighbourhood nearby parkland and schools, creating a calm residential setting while remaining close to city amenities. Just minutes to CF Fairview Mall, enjoy a wide range of shopping, dining, and amenities steps away. Commuters benefit from quick access to the Don Valley Parkway and Highway 401, along with nearby transit connections across the city. This suite delivers impressive space, thoughtful upgrades, and outstanding location value. Bright, clean, functional, and move-in ready, it combines excellent comfort with in a highly connected Toronto community.
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.
40 Godstone Road Unit 1507, 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
Competitive Rent
At $1,900/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Downtown Toronto. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 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.