Searching for lofts for rent in Toronto? Whether you’re a creative professional, student, or city dweller who loves contemporary design, Toronto’s rental lofts offer an exciting blend of space, character, and convenience. With exposed brick, high ceilings, and open layouts, these homes combine historic charm with modern finishes in prime locations across the city.

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506 7 Grenville Street
Bay Street Corridor Toronto M4Y 1A1

$2,800
Residential Condo & Other beds: 1+1 baths: 2.0

Main Photo: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 1: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 2: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 3: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 4: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 5: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 6: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 7: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 8: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 9: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 10: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 11: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Photo 12: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
Status:
For Lease
Prop. Type:
Residential Condo & Other
MLS® Num:
C13791650
Bedrooms:
1+1
Bathrooms:
2
YC Loft Unit. 1 Bedroom with 1 Den as Second Bedroom/2 Full Bath/1 Locker At The Corner Of The Yonge/College. Loft Unit Gives You Separate Living And Rest Spaces. Modern Kitchen With Granite Counter Top & Built-In High-End Appliances. Steps To College Subway, PATH, UofT, TMU, Stores, Restaurants, Financial District, Hospital...
Lease Term:
12 Months
Lease Agreement:
Yes
Property Portion Lease:
Entire Property
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
Home Style:
Loft
Total Approx Floor Area:
700-799
Exposure:
East
Bedrooms:
1+1
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
6
Rooms:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Storey:
5
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
0.0
Parking Features:
Underground
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
Owned
Family Room:
No
Security Deposit Required:
Yes
References Required:
Yes
Rental Application Required:
Yes
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
Public Transit
Carpet Free
Yes-with Restrictions
Built-In Fridge, Cooktop With B/I Oven, B/I Dishwasher, Microwave With Exhaust Fan. Washer & Dryer.Window Coverings For 2 Levels
Concrete
Concierge, Indoor Pool, Party Room/Meeting Room, Visitor Parking
Yes
Special Designation:
Unknown
Furnished:
Unfurnished
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Laundry Access:
Ensuite
Condo Corporation Number:
2736
Property Management Company:
Maple Ridge Community Management
Date Listed:
Sep 16, 2026
Original Price:
Previous Price:
  • Photo 1: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
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  • Photo 12: 506 7 Grenville Street in Toronto: Bay Street Corridor Condo Apartment for lease (Toronto C01)  : MLS®# C13791650
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Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated November 5, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
175
Avg list price:
$658,000
Min list price:
$325,000
Max list price:
$5,900,000
Avg days on market:
36
Min days on market:
1
Max days on market:
259
These statistics are generated based on the current listing's property type and located in Bay Street Corridor. Average values are derived using median calculations. This data is not produced by the MLS® system.
DARYL  KING
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Explore the Best Lofts for Rent in Toronto

Toronto is home to an array of hard and soft lofts that suit different tastes and lifestyles. Many are located in converted industrial buildings or boutique residences, and offer:

  • Exposed brick, beam, and ductwork for urban character
  • Soaring ceilings and large windows for natural light
  • Flexible open-concept layouts perfect for living and working
  • Pet-friendly options and modern amenities like gyms or rooftop terraces

Why Choose a Loft in Toronto?

Lofts provide a distinct living experience you won’t find in traditional condos or apartments. From the Entertainment District to Leslieville, here’s why lofts are a top choice:

  • Unique architecture and interior design
  • Located in trendsetting neighborhoods with cafes, art, and nightlife
  • Ideal for work-from-home setups or creative studios
  • Close to TTC transit, downtown core, and tech hubs

Resources for Loft Renters

Navigating Toronto’s loft rental market is a breeze with our dedicated resources. Gain insights into the latest trends, receive tips on securing your ideal loft, and access personalized support from our expert team. We’re here to help you at every step of your rental journey.

Experience Urban Living at Its Finest

Renting a loft in Toronto opens the door to a vibrant lifestyle, surrounded by the city’s best arts, entertainment, and dining. Embrace the convenience and excitement of living in a space that reflects your personal style and connects you with the energy of Canada’s largest metropolis.

Find Your Ideal Loft Today

Explore available Toronto lofts for rent with up-to-date listings and expert support. Whether you’re after a minimalist aesthetic or a character-filled space, we’ll help you find the perfect rental loft to match your lifestyle.

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FAQs – Lofts for Rent Toronto

1. What is the average rent for a loft in Toronto?
Loft rentals typically range from $2,500 to $4,000+ per month, depending on size, location, and amenities.

2. Are lofts available in downtown Toronto?
Yes, many lofts are located in downtown areas like King West, Queen West, and the Distillery District.

3. What’s the difference between a hard and soft loft?
Hard lofts are converted industrial spaces with authentic features, while soft lofts are new builds with loft-style design.

4. Are pets allowed in Toronto lofts?
Many loft buildings are pet-friendly, but it varies by unit and landlord—check listings for specific policies.

5. Can I lease a furnished loft in Toronto?
Yes, some Toronto lofts are available furnished, ideal for short-term stays or relocations.