$4,700/mo - 7 Grenville Street Unit 3011, Downtown Toronto
Condo for Rent in Downtown Toronto
91 days on market- MLS Number
- C12889564
- Property Type
- Condo
- Status
- active
- Days on Site
- 91
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Welcome to Suite 3011 at 7 Grenville Street - a beautifully furnished 3-bedroom condo located high above the city on the 30th floor in the heart of downtown Toronto. This bright and spacious unit offers spectacular south and west views, filling the home with natural light while showcasing the city skyline and sunsets. The thoughtfully designed layout features three comfortable bedrooms, making it an ideal option for a family or students attending nearby institutions such as Toronto Metropolitan University and University of Toronto. Being fully furnished, the suite offers a convenient turnkey living experience-simply move in and enjoy. Residents of the building enjoy access to an impressive range of premium amenities. Highlights include an award-winning indoor pool located on the 66th floor with breathtaking panoramic views, a fully equipped expansive gym, private dining space for hosting gatherings, a stylish resident lounge, and a beautifully designed outdoor terrace perfect for relaxing above the city. The location offers unbeatable downtown convenience. You're surrounded by some of Toronto's best restaurants, cafés, and everyday amenities, while excellent transit options are just steps away for effortless travel across the city. World-class shopping at CF Toronto Eaton Centre is only a short walk away, making it easy to enjoy retail, dining, and entertainment year-round. This exceptional furnished condo combines space, views, luxury amenities, and a prime downtown location, making it a perfect home for professionals, families, or students looking to live in the centre of it all.
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.
7 Grenville Street Unit 3011, 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 $4,700/mo, this is asking above the typical 3-bedroom rent of ~$3,500/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 91 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.
Efficient Living
At 800 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.