$7,200/mo - 5A Sylvan Avenue, Downtown Toronto
Condo for Rent in Downtown Toronto
75 days on market- MLS Number
- C12957696
- Property Type
- Condo
- Status
- active
- Days on Site
- 75
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Welcome to 5A Sylvan Avenue, a spacious and beautifully designed 3+1 bedroom, 4-bathroom townhouse ideally located near College and Dovercourt. This move-in-ready home has been thoughtfully updated and meticulously maintained, offering a fresh, modern aesthetic throughout. Rich hardwood floors span every level, creating a seamless and timeless design. The main floor features a bright, open layout filled with natural light and carefully curated designer fixtures. The modern kitchen is both stylish and functional, featuring a stainless steel oven and gas range, along with a fully panelled fridge and freezer for a sleek, integrated look. A built-in island with seating anchors the space, while clean lines and contemporary finishes flow effortlessly into the living area, highlighted by a gas fireplace. A walk-out from the kitchen leads to a private, fenced-in terrace, offering an exceptional outdoor retreat with rare privacy, water access, and a gas line for a BBQ. A full dining room and convenient powder room add everyday functionality, while the home's low-maintenance living makes it as practical as it is beautiful. Upstairs, generously sized bedrooms offer walk-in closets and comfortable proportions. The primary suite is a serene retreat, featuring a private balcony overlooking a quiet, tree-lined street and a spa-inspired ensuite with a large glass-enclosed shower, double vanity, soaker tub, and large window that fills the space with natural light. Additional bathrooms are well-appointed and finished with spa-like details. The lower level features a high-ceiling basement with excellent flexibility, ideal as an additional bedroom, home office, or bonus living space. Underground parking with private garage access completes this exceptional offering. Located just steps to Dufferin Grove Park and close to TTC transit, major roadways, and a vibrant selection of restaurants and cafes, this home is located in the heart of desiriable College and Dovercourt area.
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.
5A Sylvan Avenue, 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
Above Market Rent
At $7,200/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Downtown Toronto. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 75 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.