For Lease
Just Listed
249 Albany Avenue Lower #Lower
Annex, Toronto, ON
$1,600
1Bd
1Ba
900+sqft
0Parking
$2/sqft
DetachedMLS# C14122734Listed 2026-10-271 DOM
Cooling
Central Air
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Tucked away on a quiet, tree-lined residential street in the heart of The Annex, this beautifully maintained, fully furnished 1-bedroom basement apartment offers modern living with high-end finishes throughout. Featuring a private side entrance with a convenient upper-level foyer, the thoughtfully designed open-concept layout includes a spacious living and dining area, a contemporary kitchen with full-size appliances, a comfortable bedroom with a queen bed and a modern 3-piece bathroom. A separate laundry room with a private washer and dryer provides additional storage and everyday convenience. Completely move-in ready and ideally situated within walking distance of the University of Toronto, transit, shops, restaurants and cafés, this charming apartment offers comfort and convenience in one of Toronto's most sought-after neighbourhoods. **Short term rental from November 1st-June 30, 2027**
Basement Apt
Rooms
Main Floor
| Family Room | 5.64 × 4.75 m | Window Floor to Ceiling W/O To Yard Hardwood Floor |
| Dining Room | 3.95 × 4.28 m | Hardwood Floor Overlooks Frontyard Open Concept |
| Kitchen | 5.78 × 4.25 m | Family Size Kitchen Centre Island Hardwood Floor |
Second Floor
| Primary Bedroom | 6.58 × 3.63 m | 5 Pc Ensuite Picture Window Overlooks Garden |
| Bedroom 2 | 6.62 × 2.80 m | Hardwood Floor B/I Closet Large Window |
| Bedroom 3 | 3.97 × 3.58 m | Hardwood Floor B/I Closet B/I Bookcase |
| Study | 2.40 × 2.72 m | B/I Desk B/I Bookcase Hardwood Floor |
| Laundry | 1.48 × 4.27 m | B/I Closet Stainless Steel Appl Pocket Doors |
Features
- Carpet Free
- None
- Central Air
- Apartment
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield1500.0% – 2250.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market1 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
72
/ 100
Walk Score
Very Walkable
70
/ 100
Transit Score
Excellent Transit
70
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.