5+ Days Ago
Highlights
Pet Friendly
Location
111 Elizabeth Street, Toronto, ON M5G 1P7, CA|Bay Street Corridor
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Amenities for 111 Elizabeth Street, Bay Street Corridor
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Hardwood Floor |
| High Ceilings |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Business Center | Cats OK |
| Controlled Access | Dogs OK |
| Elevator | Fitness Center |
| Residents Lounge | Roof Deck |
Grounds
| Assigned Parking | Garage Parking |
| Garden | Outdoor Space |
| Storage | Swimming Pool |
Services
| Concierge Service | On-Site Management |
| Package Service |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 111 Elizabeth Street
Welcome to your newly renovated luxury condo for lease at 111 Elizabeth Street, Toronto, a modern 2-bedroom, 2-bathroom rental suite in the heart of downtown! This spacious downtown Toronto condo has been fully refreshed with brand new hardwood floors and a fresh coat of paint, creating a sleek, move-in ready home. The open-concept kitchen features stainless steel appliances, perfect for cooking, entertaining, and everyday living. Step onto your private balcony to enjoy unobstructed CN Tower views, the ideal setting for morning coffee, al fresco dining, or evening relaxation. Live in one of Toronto’s most sought-after neighbourhoods, just steps from the Eaton Centre, Dundas Square, Financial District, Ryerson University (Toronto Metropolitan University), U of T, top hospitals, premier shopping, restaurants, and nightlife. With TTC subway access at your doorstep, commuting is seamless. This rare 2-bedroom condo rental in downtown Toronto offers the perfect balance of comfort, style, and convenience. ✨ Highlights: 2 spacious bedrooms & 2 full bathrooms Fresh renovations with hardwood flooring & paint Modern kitchen with stainless steel appliances Large balcony with CN Tower views Prime location: steps to Eaton Centre, Financial District, hospitals, universities Easy access to TTC subway, streetcars, and transit Don’t miss this opportunity to lease a modern Toronto condo in a high-demand location. Book your private showing today and experience luxury city living at 111 Elizabeth Street. (Some images have been virtually staged for illustration purposes only. No changes made to the property’s structure or permanent features.) ⚡This version is SEO-optimized to rank for: Toronto condo for lease Downtown Toronto 2-bedroom rental Luxury condo near Eaton Centre CN Tower view apartment Toronto Financial District Toronto rental
Lease Terms
1 year111 Elizabeth Street is great for:
Address details
| Neighborhood | Bay Street Corridor |
|---|---|
| Post code | M5G 1P7 |
| Type | Condo for rent |
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Rent trends in Bay Street Corridor
2-bedroom apartments at 111 Elizabeth Street cost about the same as the average rent price for 2-bedroom apartments in Bay Street Corridor.
Median rents as of Oct 11 2025.
Bay Street Corridor
Toronto
| Month | Median Rent |
|---|---|
| October 2023 | $3,300 |
| November 2023 | $3,287 |
| December 2023 | $3,211 |
| January 2024 | $3,200 |
| February 2024 | $3,197 |
| March 2024 | $3,169 |
| April 2024 | $3,105 |
| 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 | $2,773 |
| Month | Median Rent |
|---|---|
| October 2023 | $3,830 |
| November 2023 | $3,795 |
| December 2023 | $3,780 |
| January 2024 | $3,775 |
| February 2024 | $3,500 |
| March 2024 | $3,512 |
| April 2024 | $3,523 |
| 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 |
Affordability calculator
Can I afford to live at 111 Elizabeth Street?
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
$140,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $140,000 annually to afford this 2-bedrooms monthly rent price of $3,500.
For more information on rent affordability, visit our rent calculator.
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Internet available near 111 Elizabeth Street
Neighborhood
Bay Street Corridor | Toronto, ON
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Toronto near 111 Elizabeth Street
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
4/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
9/10
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 111 Elizabeth Street, Toronto
Groceries
10/10
At least one supermarket within a 5-minute 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
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-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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