$45/mo - 98 Sudbury Street, Downtown Toronto
New Construction for Rent in Downtown Toronto
102 days on market- MLS Number
- C12855394
- Property Type
- New Construction
- Status
- active
- Days on Site
- 102
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,361 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RIGHT AT HOME REALTY
Rare opportunity to lease a fully built-out commercial condo in the heart of the vibrant Queen West / Liberty Village corridor, offering nearly 1,400 sq. ft. of premium ground-floor space with over $300,000 in professionally designed leasehold improvements already in place. This turn-key space features polished concrete floors, upgraded electrical distribution, enhanced HVAC, new plumbing supporting a barrier-free washroom and kitchen area, interior offices/partitions, integrated stereo and security systems, and excellent natural light from soaring ceilings with southern exposure, allowing your business to move in and operate without costly build-out timelines. Located in one of Toronto's fastest-growing mixed-use neighbourhoods with over 15,000 residential units within a short walking radius and continued high-density development throughout Liberty Village, King West, and Queen West, the property sits directly across from the future King-Liberty SmartTrack / GO Station on Sudbury Street, projected to serve approximately 19,600 daily riders, dramatically increasing pedestrian traffic and accessibility for your business. Flexible CR zoning permits a wide range of commercial uses, including professional offices, medical or wellness clinics, creative studios, boutique retail, and personal service businesses, making this an ideal location for businesses seeking a high-quality, professionally finished space in a rapidly expanding transit-oriented neighbourhood.
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.
98 Sudbury Street, 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 $45/mo, this is priced below the typical 1-bedroom rent of ~$2,300/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.
Negotiation Opportunity
At 102 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.
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.