5+ Days Ago
Location
University Ave & College St #3, Toronto, ON M5T 1W9, CAN|Bay Street Corridor
Tour University Ave & College St #3
Contact
Lynda Ko
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Property Overview
Located in a highly valued area of Toronto, this property is recognized for its exceptional value for money, ranking in the 100th percentile compared to nearby listings. It offers diverse opportunities for urban living and access to vibrant local amenities. Notable features enhance its appeal, making it a desirable option for potential buyers.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Eco living
Amenities for University Ave & College St #3, Bay Street Corridor
Apartment Amenities
| Air Conditioning | Balcony |
| Ceiling Fan | Central Heat |
| Fireplace | Hardwood Floor |
| High Ceilings |
Appliances
| Dishwasher |
Building
| Controlled Access | Onsite Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About University Ave & College St #3
Prime Location. Walk Score 10/10. Ideal for young professionals University College area....close to teaching hospitals, university, gov't offices, Financial District. Beautiful renovated unit with high ceilings and spacious living space. 2nd fl: open concept living room/dining room/kitchen with cathedral ceiling 3rd fl: large master bdrm with ensuite bath and large balcony with view of CN Tower; 2nd bdrm and bathroom Renovated property in a desirable tree-lined residential area in downtown Toronto steps to UofT; major teaching hospitals (Mt. Sinai, Sick Kids, TGH, Toronto Rehab, Toronto Western); gov't offices; AGO, Baldwin Village (lined with neighbourhood cafes & restaurants),, Kensington Market, Chinatown, Financial District, Entertainment District. 3 min walk to 2 subway stn and 3 streetcar lines. 10-15 min walk to 5 major supermarkets (Farmboy, T&T; No Frills, Freshco, Metro, Loblaws). Prime Location, Walk score 10/10 This is a great location close to UofT, OCAD, Ryerson, teaching hospitals, gov't offices, financial district, Eaton Centre, many supermarkets nearby and steps to subways and various streetcar lines. **Close to all shopping: Baldwin Village is down the street; Chinatown and Kensington Market is a 5 min walk; Fresco is a 7 min walk, Metro, FarmBoy, Loblaws, T&T(opening soon) are all within a 5-10min walk, **Neighbourhood Atmosphere: Baldwin Village is a small friendly street lined with outdoor cafes, patios, restaurants, coffee shops, sandwich shops. A hidden niche in Toronto! **Steps to Transit: short walk to Eaton's Centre, trendy Queen West, Yorkville, **2 min to College 506 streetcar, 510 Spadina streetcar or 505 Dundas streetcar, 5 min walk to subway **AGO, ROM, Gardiner Museum, theatres, Grange Park, walk to the Lake, all nearby **Laundry in bldg Please tell me a bit about yourself and who will be living in 5 major teaching hospitals (Mt. Sinai, Sick Kids, TGH, Toronto Rehab; Toronto Western); gov't offices; Financial District, Entertainment District, Baldwin Village, Kensington Market. 3 min walk to 2 subway lines and 3 streetcar..
Lease Terms
1 yearProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5 Henry Street, Toronto, ON M5T 1W9, CA compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Address details
| Neighborhood | Bay Street Corridor |
|---|---|
| Post code | M5T 1W9 |
| Type | Apartment for rent |
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Rent trends in Bay Street Corridor
2-bedroom apartments at University Ave & College St #3 cost about 2% less than the average rent price for 2-bedroom apartments in Toronto.
Median rents as of Apr 4 2026.
Bay Street Corridor
Toronto
| Month | Median Rent |
|---|---|
| April 2024 | $3,100 |
| May 2024 | $3,133 |
| June 2024 | $3,103 |
| July 2024 | $3,049 |
| August 2024 | $3,092 |
| September 2024 | $3,043 |
| October 2024 | $2,997 |
| November 2024 | $2,961 |
| December 2024 | $2,948 |
| January 2025 | $2,993 |
| February 2025 | $2,976 |
| March 2025 | $2,901 |
| April 2025 | $2,860 |
| May 2025 | $2,850 |
| June 2025 | $2,850 |
| July 2025 | $2,816 |
| August 2025 | $2,799 |
| September 2025 | $2,778 |
| October 2025 | $2,764 |
| November 2025 | $2,748 |
| December 2025 | $2,739 |
| January 2026 | $2,719 |
| February 2026 | $2,708 |
| March 2026 | $2,693 |
| April 2026 | $2,695 |
| Month | Median Rent |
|---|---|
| April 2024 | $3,527 |
| May 2024 | $3,564 |
| June 2024 | $3,556 |
| July 2024 | $3,512 |
| August 2024 | $3,619 |
| September 2024 | $3,603 |
| October 2024 | $3,478 |
| November 2024 | $3,464 |
| December 2024 | $3,482 |
| January 2025 | $3,457 |
| February 2025 | $3,462 |
| March 2025 | $3,459 |
| April 2025 | $3,355 |
| May 2025 | $3,362 |
| June 2025 | $3,347 |
| July 2025 | $3,353 |
| August 2025 | $3,372 |
| September 2025 | $3,475 |
| October 2025 | $3,500 |
| November 2025 | $3,500 |
| December 2025 | $3,406 |
| January 2026 | $3,419 |
| February 2026 | $3,288 |
| March 2026 | $3,234 |
| April 2026 | $3,225 |
Affordability calculator
Can I afford to live at University Ave & College St #3?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$126,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $126,000 annually to afford this 2-bedrooms monthly rent price of $3,150.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $1,850 | 2 bed | 1 bath | ||
| 9 months ago | $2,950 | 2 bed | 1 bath | ||
| 4 years ago | $1,725 | 2 bed | 1 bath |
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Internet available near University Ave & College St #3
Neighborhood
Bay Street Corridor | Toronto, ON
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Toronto near University Ave & College St #3
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
Roads are accessible, but parking may be a challenge.
Cycling
10/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for University Ave & College St #3, Toronto
Groceries
10/10
The nearest general grocery store is within a 5-minute walk, and there is also a vast number of specialist food stores nearby.
Shopping
10/10
A wide variety of fashion stores are within a short walk.
Cafes
10/10
A wide variety of cafés are within a short walk.
Restaurants
9/10
A wide variety of restaurants are within a short walk.
Primary schools
10/10
At least one elementary school within a 5-minute walk.
High schools
10/10
At least one high school within a 5-minute walk.
Parks
8/10
Several medium-size parks and other smaller parks in the area.
Nightlife
8/10
A variety of bars are within a short walk.
Explore the area around University Ave & College St #3
Lucky Moose
393 Dundas St W
Hua Sheng Supermarket
293 Spadina Ave
Caribbean Corner
171 Baldwin St
Coffee Dak LAK
283 College St
Longo's
111 Elizabeth St
Olio Studio
160 McCaul St
Mansueta Medical Garment Fitters
700 University Ave
Uncle Otis Clothing
329 Spadina Ave
Shoes on Spadina
267 Spadina Ave
Elsa Fashions
404 Spadina Ave
Krispy Kreme Doughnuts
164 McCaul St
The Library Specialty Coffee
281 Dundas St W
Aroma Espresso Bar
600 University Ave
Second Cup
600 University Ave
Tim Hortons
610 University Ave
Sin & Redemption
136 McCaul St
Prenup Pub
191 College St
Big Trouble
460 Dundas St W
Grossman's Tavern
379 Spadina Ave
B-Boss KTV
283 Spadina Ave
Baldwin Natural Markets & Cafe
16 Baldwin St
Bread & Bowl
2 Murray St
Good Luck Vegetable-Fruit Wholesale
393 Dundas St W
The Bagel Stop
200 Elizabeth St
Daango Sweets
241 Spadina Ave
McCaul - Orde Park
Julius Deutsch Park
Grange Park
Glasgow Parkette
Lillian H. Smith Park
Valens Restaurant
19 Baldwin St
Cafe La Gaffe
24 Baldwin St
Omai Restaurant
3 Baldwin St
Midi Bistro
168 McCaul St
Wah Sing Seafood Restaurant
47 Baldwin St
Dundas St West at McCaul St
DUNDAS
Dundas St West at Beverley St
DUNDAS
Dundas St West at Beverley St
DUNDAS
Dundas St West at St Patrick St
DUNDAS
University Ave at Gerrard St West
AVENUE ROAD
UP Express Union Station
Union Pearson Express
Union Station
Lakeshore East, Lakeshore West, Lakeshore East, Barrie, Barrie, Richmond Hill, Stouffville, Milton, Stouffville, Kitchener, Lakeshore West, Richmond Hill, Kitchener, Milton
Exhibition
Lakeshore West, Lakeshore West
Bloor
Kitchener, Kitchener
Bloor GO/UP
Union Pearson Express
St Patrick Station - Northbound Platform
LINE 1 (YONGE-UNIVERSITY)
Queen's Park Station - Southbound Platform
LINE 1 (YONGE-UNIVERSITY)
St Patrick Station - Southbound Platform
LINE 1 (YONGE-UNIVERSITY)
Queen's Park Station - Northbound Platform
LINE 1 (YONGE-UNIVERSITY)
Osgoode Station - Northbound Platform
LINE 1 (YONGE-UNIVERSITY)
Other units at this address
5 Henry Street, Toronto, ON M5T 1W9, CA
5 Henry Street Toronto, ON
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On-Site Laundry
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2 Beds, 1 Bath
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1 Bath
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Walk-In Closets • High Ceilings • Central Heat • On-Site Laundry • Air Conditioning • Hardwood Floor
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