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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PH1001 500 Wellington Street W
Waterfront Communities C1 Toronto M5V 1E3

$21,500
Residential Condo & Other beds: 3 baths: 3.0

Main Photo: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 1: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 2: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 3: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 4: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 5: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 6: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 7: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 8: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 9: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 10: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 11: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 12: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 13: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 14: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 15: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 16: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 17: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 18: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 19: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 20: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 21: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 22: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 23: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 24: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Photo 25: PH1001 500 Wellington Street W in Toronto: Waterfront Communities C1 Condo Apartment for lease (Toronto C01)  : MLS®# C12435372
Status:
For Lease
Prop. Type:
Residential Condo & Other
MLS® Num:
C12435372
Bedrooms:
3
Bathrooms:
3
The Ultimate Full-Floor Penthouse in One of Torontos Most Exclusive Private Boutique Buildings. This expansive 3-bedroom, 2.5-bath suite offers approx. 6,200 sq.ft. of luxurious, designer-curated living space, including a spectacular 2,000 sq.ft. private rooftop terrace featuring a raised infinity glass pool, outdoor kitchen, BBQ station, and panoramic city views. This opulent residence boasts 2 private elevators, 10-ft smooth ceilings, floor-to-ceiling windows, and a wood-burning fireplace framed by a dramatic marble feature wall. Chefs kitchen by Scavolini with Sub-Zero Pro glass-door fridge/freezer, Sub-Zero wine fridge, Viking gas cooktop & microwave, Gaggenau dishwasher, and double-thick marble countertops. Wide-plank hardwood flooring, custom closet organizers, and premium finishes throughout. Parking included. A rare offering of exceptional scale, privacy, and outdoor living in the heart of the city.
Lease Term:
12 Months
Lease Agreement:
Yes
Property Portion Lease:
Entire Property
Payment Frequency:
Monthly
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Property Attached:
Yes
Home Style:
Loft
Total Approx Floor Area:
4000-4249
Exposure:
South East
Bedrooms:
3
Bathrooms:
3.0
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
7
Rooms:
7
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Storey:
10
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
Yes
Attached Garage:
Yes
Garage:
Underground
Garage Spaces:
2.0
Parking Features:
Underground
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
2.0
Locker:
None
Family Room:
No
Possession Details:
Immediate
Payment Method:
Cheque
Security Deposit Required:
Yes
References Required:
Yes
Rental Application Required:
Yes
Credit Check:
Yes
Employment Letter:
Yes
Assessment:
$- / -
Toronto
Toronto C01
Waterfront Communities C1
Library, Park, Place Of Worship, Public Transit, School
None
Restricted
Sub Zero Pro Fridge/Freezer W/Glass Door, Sub Zero Wine Fridge, Viking Gas Cook Top, Viking Microwave, Gaggenau Dishwasher, Double Thick Edged Marble Counter Tops, Closet Organizers, Outdoor Bbq Station
Concrete
BBQs Allowed, Outdoor Pool
No
Yes
Floor
Type
Size
Other
Flat
Living Room
37'11" × 26'10"
Hardwood Floor, W/O To Pool, Combined w/Dining
Flat
Dining Room
37'11" × 26'10"
Hardwood Floor, Window Floor to Ceiling, Combined w/Living
Flat
Kitchen
23' × 20'4⅞"
Hardwood Floor, Modern Kitchen, B/I Appliances
Flat
Bedroom
22' × 20'
Hardwood Floor, 6 Pc Ensuite, W/O To Deck
Flat
Bedroom 2
17'2" × 12'
Hardwood Floor, Large Closet, Window
Flat
Bedroom 3
11'3" × 10'
Hardwood Floor, Closet, Window
Flat
Den
20' × 14'5"
Hardwood Floor, Floor/Ceil Fireplace, Pantry
Special Designation:
Unknown
Furnished:
Unfurnished
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
Yes
Laundry Access:
Ensuite
Condo Corporation Number:
2227
Property Management Company:
First Service Residential
Date Listed:
Sep 30, 2025
Original Price:
Previous Price:
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Listed by PSR
Data was last updated January 27, 2026 at 05:15 PM (UTC)
Area Statistics
Listings on market:
541
Avg list price:
$688,000
Min list price:
$299,000
Max list price:
$22,500,000
Avg days on market:
53
Min days on market:
1
Max days on market:
711
These statistics are generated based on the current listing's property type and located in Waterfront Communities C1. 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.