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OFFER:
FIRST MONTH FREE RENT ON NEW LEASE RECEIVE YOUR FIRST MONTH FREE RENT ON SELECT UNITS!
Rent Special
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240 Lake Promenade earns a strong overall rating with standout marks for value, amenities, location, and quality, along with a solid level of trustworthiness. It is especially appealing for renters who want a quiet environment with high-speed internet and included utilities, making it a practical fit for work-from-home lifestyles.
Great for
Work-from-home| Bachelor | Studio | 1 bath | $1,675 /mo | 1 unit available | |||
| 1 Bedroom | 1 bed | 1 bath | $1,825 /mo | 1 unit available | |||
| 2 Bedroom | 2 bed | 1 bath | $2,300 /mo | 1 unit available | |||
| 3 Bedroom | 3 bed | 1 bath | $2,900 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Balcony | Heat |
| Hot Water | In-suite Storage |
| View | Vinyl Plank Floors |
Appliances
| Dishwasher | Fridge |
| Microwave | Stove |
Tech
| Internet Ready |
Building
| Controlled Access | Elevator |
| Onsite Laundry | Video Surveillance |
Grounds
| Garage Parking | Outdoor Space |
| Shared Yard | Storage |
| Swimming Pool |
Services
| On-Site Management | Phone Intercom Security |
Neighborhood
| Bike Path and Park | Public Transit |
| Restaurants Nearby |
Other
| Online Payment Available |
One-time.
One-time. Refundable.
No pets allowed.
Surface Lot
Garage Lot
Monthly. 2 surface lots max.
Monthly. 2 garage lots max.
Questions about this property’s policies and fees?
| Year built | 1967 |
|---|---|
| Lease terms | 12 months |
Rent one of our select suites and receive your FREE first month of rent !* *Select suites only. Based on availability. Errors & omissions excepted. Not valid with any other offer or promotion. Subject to change without notice. Discount applies to the base rent of the suite only and does not apply to any additional items or services such as parking, storage, etc. Offer valid for new applicants only. Transfers are not eligible. Situated in the historic Long Branch district at Brown's Line and Lakeshore, this clean and freshly updated mid-rise rental apartment building is directly on the shores of Lake Ontario, offering scenic views of the surrounding park and lake. Each suite has been newly renovated, including updated windows and sliding doors. Building features: - Outdoor swimming pool - New carpeting in all hallways - Spacious balconies - Modernized units with open concept kitchen and island - Stone Countertops available - Stainless steel appliances available in select units (Fridge, Stove, Microwave and Dishwasher) - Secure building with New touch Screen Intercom - 24 hour on-site laundry facility with smart card service - 24 hour emergency maintenance - Recycling program - Upgraded LED lighting throughout the common areas and exterior of the building 240 Lake Promenade is in an ideal rental apartment for those who favour living in a quiet, family oriented neighbourhood, that boasts tons of greenspace in a waterfront community. Nicknamed Toronto's "Village by the Lake", Long Branch is home to over 125 shops, restaurants and businesses and is only a 10 minute walk to Lakeshore Blvd. Fitness enthusiasts and nature lovers alike can enjoy the bike paths and parks on-site, while Marie Curtis Park is only a minutes walking distance away, with a sandy beach and picnic area and where the Toronto Waterfront Trail and Etobicoke Creek Trail connect. Need to get somewhere fast? Mississauga and Toronto transit stops are directly outside your doorstep and the Long Branch Go Station is a short 15 minute walk away.
How 240 Lake Promenade compares to other nearby properties.
Considerations
Studio apartments at 240 Lake Promenade cost about 4% less than the average rent price for studios in Long Branch.
1-bedroom apartments here are priced about the same as 1-bedrooms in Long Branch.
If you decide to upgrade your space, you can expect 2-bedrooms at 240 Lake Promenade to be on par with the average for similarly sized apartments in Long Branch.
3-bedroom apartments at 240 Lake Promenade cost about 3% less than the average rent price for 3-bedroom apartments in Long Branch.
| Month | Median Rent |
|---|---|
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| March 2026 | $1,700 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,722 |
| July 2026 | $1,732 |
| August 2026 | $1,732 |
| September 2026 | $1,748 |
| October 2026 | $1,749 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,905 |
| December 2024 | $1,912 |
| January 2025 | $1,893 |
| February 2025 | $1,893 |
| March 2025 | $1,875 |
| April 2025 | $1,875 |
| May 2025 | $1,875 |
| June 2025 | $1,875 |
| July 2025 | $1,875 |
| August 2025 | $1,875 |
| September 2025 | $1,775 |
| October 2025 | $1,775 |
| November 2025 | $1,775 |
| December 2025 | $1,775 |
| January 2026 | $1,775 |
| February 2026 | $1,775 |
| March 2026 | $1,775 |
| April 2026 | $1,775 |
| May 2026 | $1,775 |
| June 2026 | $1,775 |
| July 2026 | $1,737 |
| August 2026 | $1,735 |
| September 2026 | $1,738 |
| October 2026 | $1,738 |
Can I afford to live at 240 Lake Promenade?
Bedrooms
Rent-to-income ratio
30%
$67,000/yr
Long Branch | Toronto, ON
South Annex • 748 Bathurst St
Studio–3 Beds
$2,030–$4,300
Kingsway South • 38 Earlington Ave
1–3 Beds
$2,575–$5,500
Thorncliffe Park • 95 Leaside Towers
1–3 Beds
$1,749–$4,500
Davisville Village • 18 Brownlow Ave
Studio–2 Beds
$1,900–$3,425
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Queen Street Corridor • 8 Silver Maple Crt
1–3 Beds
$2,305–$2,855
South Annex • 748 Bathurst St
Studio–3 Beds
$2,030–$4,300
Kingsway South • 38 Earlington Ave
1–3 Beds
$2,575–$5,500
Thorncliffe Park • 95 Leaside Towers
1–3 Beds
$1,749–$4,500
Davisville Village • 18 Brownlow Ave
Studio–2 Beds
$1,900–$3,425
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Queen Street Corridor • 8 Silver Maple Crt
1–3 Beds
$2,305–$2,855
