Updated 5+ Days Ago
Highlights
Pet Friendly
Location
131 Bloor St W, Toronto, ON M5S 1S3, CAN|Bay Street Corridor
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Property Overview
The Colonnade earns a strong Zumper expert rating of 8.8 out of 10, with top marks for price and amenities, along with a 9 out of 10 location score and a solid trustworthiness rating. It stands out for its competitive value, impressive amenities, and convenient setting, making it a compelling option for renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Eco living
Floor plans
| 1 Bedroom | 1 bed | 1 bath | 872 sqft | $3,200 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 1,057 sqft | $4,028 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 2 bath | 1,060 sqft | $4,030 /mo | 1 unit available |
Let's explore this property.
Amenities for The Colonnade
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Energy Efficient Light Fixtures | Granite Countertops |
| Hardwood Floor | Heat |
| Heat and Water Included (Hydro Extra) | Hot Water |
| In-Suite Washer/Dryer | Renovated Suites Available |
| View | Window Coverings |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Amenity Lounge with Kitchen | Cats OK |
| Dogs OK | Elevator |
| Fitness Center | Fully Equipped Fitness Centre |
| Onsite Laundry | Residents Lounge |
Grounds
| Garage Parking | Paid Indoor Visitor and Tenant Parking |
| Storage |
Services
| 24 Hour Security and Surveillance | Dry Recycling and Organic Composting |
Neighborhood
| Public Transit | Shopping Nearby |
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
Parking Policy
Garage Lot
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About The Colonnade
Managed by Morguard
Sophisticated. Fashionable. Fabulous. The Colonnade offers chic rental apartments for people who savour the style and panache of this ultra-exclusive neighbourhood. It's contemporary style and ideal location puts residents at the forefront of city living. Magnificent suites offer brilliant views.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, The Colonnade is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Colonnade has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Colonnade offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Colonnade stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Colonnade is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Colonnade does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Colonnade provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
The Colonnade is great for:
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Rent trends in Bay Street Corridor
1-bedroom apartments here are priced 37% higher than 1-bedrooms in Bay Street Corridor.
If you decide to upgrade your space, you can expect 2-bedrooms at The Colonnade to be 10% more than the average for similarly sized apartments in Bay Street Corridor.
Median rents as of Jul 25 2026.
Bay Street Corridor
Toronto
| Month | Median Rent |
|---|---|
| August 2024 | $1,947 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| 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 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,300 |
| September 2024 | $2,356 |
| October 2024 | $2,206 |
| November 2024 | $2,132 |
| December 2024 | $2,074 |
| January 2025 | $2,207 |
| February 2025 | $2,213 |
| March 2025 | $2,175 |
| April 2025 | $2,161 |
| May 2025 | $2,180 |
| June 2025 | $2,187 |
| July 2025 | $2,139 |
| August 2025 | $2,183 |
| September 2025 | $2,350 |
| October 2025 | $2,255 |
| November 2025 | $2,245 |
| December 2025 | $2,230 |
| January 2026 | $2,228 |
| February 2026 | $2,223 |
| March 2026 | $2,150 |
| April 2026 | $2,133 |
| May 2026 | $2,053 |
| June 2026 | $2,116 |
| July 2026 | $2,101 |
Affordability calculator
Can I afford to live at 131 Bloor St W?
Bedrooms
Rent-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
$144,560/yr
With your selected rent-to-income ratio, you'd ideally want to make $144,560 annually to afford this 1-bedroom median monthly rent price of $3,614.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Colonnade
Neighborhood
Bay Street Corridor | Toronto, ON
Getting around Toronto near 131 Bloor St W
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
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 131 Bloor St W, Toronto
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
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