$3,000/mo - 50 Ordnance Street Unit 2807, Downtown Toronto
Condo for Rent in Downtown Toronto
- MLS Number
- C13147090
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- THE CONDO STORE REALTY INC.
2 bedrooms, 2 bathrooms, 752 sq ft of interior living space, plus a large northeast-facing balcony with clear, unobstructed views of the downtown skyline and surrounding parkland. Perched high above the city, this suite offers exceptional natural light and a peaceful vantage point with no future obstructions. The expansive balcony provides a stunning outdoor extension of your living space - perfect for morning coffee overlooking the skyline or evening relaxation above the parks below. The modern kitchen with built-in appliances showcases sleek cabinetry and integrated finishes, offering both style and functionality. Both bedrooms are well-proportioned, and the bathrooms are notably spacious - including an oversized, fully accessible primary washroom, a rare and valuable feature that adds comfort and versatility. Located in one of Toronto's most vibrant and rapidly growing neighborhoods, you are steps to the best of Liberty Village, King West, and Fort York. Local amenities and attractions include: Stanley Park, Coronation Park, Fort York National Historic Site, Dining, cafes, and nightlife along King Street West, Loblaws, LCBO, boutique fitness studios, and everyday conveniences, Waterfront trails and Lake Ontario access, TTC streetcar service at your doorstep. Quick access to the Gardiner Expressway and Lakeshore Boulevard. Transit connectivity continues to improve with a new nearby Ontario Line subway station currently under development, further enhancing convenience and long-term value. A rare opportunity to own a high-floor, unobstructed skyline-view suite with meaningful upgrades in one of downtown Toronto's most dynamic communities.
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.
50 Ordnance Street Unit 2807, 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 $3,000/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 27 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 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.