$2,600/mo - 5 Lakeview Avenue Unit 203, Downtown Toronto
Condo for Rent in Downtown Toronto
Popular Listing- MLS Number
- C13424046
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
LOCATION, LOCATION, LOCATION! *Fully Furnished*, Newer Boutique Condo Residence In One Of Toronto's Most Exclusive And Desired Communities! The Twelve Hundred Condos Is The First Condo Launch In This Community In A Decade! Surrounded By Popular Neighbourhoods Like Little Portugal, Ossington, Queen West, Little Italy, Kensington Market, And Chinatown, It's A Neighbourhood Where You Can Enjoy World-Class Dining, A Bar-Hopping Evening Out, Festivals And Everything In Between. Lose Yourself In The Endless Dining Options With 100+ Restaurants In Walking Distance! 5 Mins Walk To Trinity Bellwoods Park, Access To 505 Dundas Streetcar And Bus Routes At Your Doorstep. Short Streetcar Ride To The Financial District And Hospital Row. Ossington Subway Station Just 10 Minutes Away Connects The Residents To The Whole Of Ontario! Fall In Love With This Carpet Free, Sun-Drenched South Facing 1 Bed + Den. Experience The Elegance Of Soaring 9-Foot Ceilings And Wide Plank Laminate Floors That Elevate The Bright, Open-Concept Design. The Sunlit Living Area Welcomes An Abundance Of Natural Light And A Refreshing Breeze Into The Space. The Modern L-Shaped Kitchen Is Thoughtfully Designed With Integrated Appliances, Maximum Counter And Cupboard Space, And A Seamless Connection To The Dining And Living Areas Perfect For Both Everyday Living And Entertaining. The Sleek And Stylish 4-Piece Bathroom Offers Contemporary Finishes And Practical Functionality. Additional Features Include In-Suite HE Front-Loading Laundry And Refined Design Touches Throughout That Add Comfort And Style. Don't Miss Out On A Gem! Book Your Showing Before It's Gone!
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.
5 Lakeview Avenue Unit 203, 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 $2,600/mo, this is priced below the typical 2-bedroom rent of ~$2,900/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.
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 500 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.