$4,695/mo - 57 St Joseph Street Unit 408, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed 7 days ago- MLS Number
- C13229216
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX PRESIDENT REALTY
Rarely Offered Terrace Residence At Prestigious 1 Thousand Bay. This Exceptional 3-Bedroom Plus Den Suite Offers A Functional Layout With Spacious Principal Rooms, Floor-To-Ceiling Windows, A Separate Den Ideal For Working From Home And An Expansive Open-Concept Living And Dining Area. The Highlight Of The Home Is The Extraordinary West-Facing Private Terrace, Providing A Rare Outdoor Living Experience In The Heart Of Downtown Toronto. Perfect For Entertaining, Outdoor Dining, Gardening Or Relaxing While Enjoying Afternoon Sun And Beautiful Sunset Views. Located In The Heart Of The Bay Street Corridor, Steps To Yorkville, University Of Toronto, Toronto Metropolitan University, Queen's Park, Major Hospitals, Restaurants, Shopping And Transit. Directly Adjacent To A Beautiful Public Park, Offering The Perfect Balance Of City Living And Green Space. Residents Enjoy First-Class Amenities Including A 24-Hour Concierge, Outdoor Pool, Fitness Centre, Yoga Studio, Theatre Room, Party Lounge, Guest Suites, BBQ Terrace And Visitor Parking. A Unique Leasing Opportunity In One Of Downtown Toronto's Most Desirable Buildings.
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.
57 St Joseph Street Unit 408, 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 $4,695/mo, this is in line with typical 4-bedroom rents in Downtown Toronto (~$4,200/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 900 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
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.