Lease Takeover – Rent Controlled Unit Near Downtown

650 Parliament Street, Toronto, ON
$1,925
For Rent
  • 650 Parliament Street, Toronto, ON
  • 1,925

Description

Lease Assignment – Rent-Controlled Apartment at 650 Parliament Residences | Month-to-Month After July 2026

I am assigning my lease as I will be relocating. This is a great opportunity to take over a rent-controlled apartment in downtown Toronto with long-term flexibility.

Lease Details

• Lease valid until: July 31, 2026
• After that: Automatically converts to month-to-month
• Assignment: Subject to landlord approval

This means you get the benefit of rent control and stability, with the flexibility to stay month-to-month after the lease term ends.

Utilities & Costs

Included in Rent
✔ Heating

Not Included
✖ Hydro – approx. CA$60/month
✖ Water – approx. CA$60/month
✖ Parking – approx. CA$120/month (optional if available)

Location Highlights

Located at 650 Parliament Street, close to downtown Toronto with easy access to:

• TTC transit
• Grocery stores and restaurants
• Parks and community amenities
• Quick access to the downtown core

Why This Is a Great Opportunity

• Rent-controlled unit (potentially lower than current market rent)
• No need to sign a new 12-month lease
• Month-to-month flexibility after July 2026
• Secure housing in a well-maintained building

Contact

For more information, photos, or to schedule a viewing:

DM through Qdb.ca
Email: [email protected]

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Details

  • Storage Space: No
  • Smoking Permitted: Outdoors only
  • Air Conditioning: No
  • Unit Type: Apartment
  • Bicycle Parking: No
  • Agreement Type: Month-to-month
  • Elevator in Building: Yes
  • Gym: No
  • Audio Prompts: No
  • Cable / TV: No
  • Visual Aids: No
  • Dishwasher: No
  • Heat: Yes
  • Braille Labels: No
  • Pet Friendly: Yes
  • Bathrooms: 1
  • Move-In Date:
  • Water: No
  • Bedrooms: 1
  • Furnished: No
  • Laundry (In Unit): No
  • Parking Included: 0
  • Balcony: Yes
  • Hydro: No
  • Internet: No
  • Concierge: No
  • Fridge / Freezer: Yes
  • Wheelchair accessible: No
  • Yard: No
  • 24 Hour Security: Yes
  • Laundry (In Building): Yes
  • Size (sqft):
  • Barrier-free Entrances and Ramps: No
  • For Rent By: Owner
  • Pool: No
  • Accessible Washrooms in Suite: No

Location

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