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Real Estate

Rental of the Week: $4,500 for a two-bedroom above the old Hotel Waverly and the new Silver Dollar

The 775-square-foot unit comes with a wine fridge, tons of storage, great views, a doggy bath and a rooftop pool

By Alex Cyr| Photography by Fitzrovia
The Waverley Apartments rise above College and Spadina.

Neighbourhood: Kensington Market/Chinatown
Price: $4,525 Size: 774 square feet Bedrooms: 2 Bathrooms: 2 Real estate agent: Jenna Houssian, Fitzrovia


The place

A two-bedroom, two-bathroom rental on the ninth floor of the Waverley Apartments, a new complex above both the former Hotel Waverly and the restored Silver Dollar Room. Its amenities include a rooftop infinity pool, a luxury lounge and a juice bar. The home is steps from Kensington Market and Chinatown and a short walk from U of T’s St. George campus, with direct access to the streetcars along Spadina and College.

The history

Built in 2021, the 166-unit building was awarded Rental Development of the Year by the Federation of Rental Housing Providers of Ontario in its first year of operation.

The tour

In the lobby: a Greenhouse Juice Co. station, a co-working space and a curvy staircase leading to more amenities.

Greenhouse coffee is in the lobby.

Residents receive a discount at the bar, which is open seven days a week and also serves coffee and wine.

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Residents get a coffee discount.

Now for the unit. Its furnished foyer leads directly to the open-concept space. That’s a smart thermostat peering back at the entrance.

The foyers leads directly into the open-concept space.

The home faces southeast, with views of the Spadina strip and the CN Tower in the distance.

The unit faces southeast.

The building is pet-friendly and equipped with its own doggy bath (pooch not included).

The building is pet friendly and comes with its own doggy bath.

An opposite angle shows the kitchen. It has stainless steel KitchenAid appliances and LED-lit cabinets.

The kitchen cabinets are underlit by LEDs.

The quartz island doubles as a breakfast bar and conceals a Whirlpool wine fridge.

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The island seats four.

Here’s a closer look at that wine fridge.

The wine fridge is from Whirlpool.

These built-in floor-to-ceiling cabinets are just beyond the kitchen.

A sneaky storage hack.

The main bathroom has a glass shower with a rainfall head.

A look at the main bathroom.

The main bedroom faces east.

The main bedroom is down the hall.

And here’s the second bedroom, which could be converted to an office.

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This pooch, unfortunately, is not included in the rental.

Back downstairs: an art-filled lounge for residents. That’s a conference room inside the glass box.

The lounge is luxurious.

Other amenities include a yoga studio, a theatre and this gym overlooking the neighbourhood.

This gym has a skyline view.

Finally, the crowd-pleasing infinity pool.

The rooftop infinity pool is a favourite.

Have a home that’s about to hit the market? Send your property to realestate@torontolife.com.

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