1 Bedroom in 48 Isabella Street, Toronto
1 Bedroom in 48 Isabella Street, Toronto - Image 2

1 Bedroom in 48 Isabella Street

Listed 7/24/2026
Apartment for rent
$1799/month
1 Bedroom
1
Below Market
Rent Controlled

Description

48 Isabella Street offers comfortable urban living in a well-established Toronto neighborhood with a welcoming residential atmosphere. The surrounding area features a mix of homes and residences, local shops, cafés, restaurants, schools, parks, and everyday amenities, providing convenience for daily living. With convenient access to public transit and major roadways, residents can easily connect to downtown Toronto and other parts of the city. The location combines a peaceful residential setting with the convenience of nearby city amenities, making this address an appealing choice for those seeking a balanced and connected Toronto lifestyle.

Details
48 Isabella Street, Toronto
Newly Listed
Rent Controlled
Below Market
2.88 km to Downtown Toronto to Downtown Toronto
Subway Access: Bloor-Yonge
Contact Information
Available 2026-07-24

Property Location

48 Isabella Street, Toronto

About Yorkville / Bay Street Corridor

Neighbourhood Guide

Yorkville, centred on Cumberland Street and Hazelton Avenue north of Bloor Street East, is Toronto's most upscale neighbourhood — a cluster of designer boutiques, luxury hotels, high-end restaurants, and art galleries that cater to Toronto's wealthiest residents and visitors. The neighbourhood has a fascinating mid-20th century history as Toronto's bohemian counter-culture district — Joni Mitchell, Neil Young, and Gordon Lightfoot all performed in Yorkville coffeehouses in the 1960s — before a thorough transformation into one of Canada's most expensive real estate markets.

Getting Around

48 Isabella Street is 0.2 km from Bloor-Yonge Station — roughly a 3-minute walk — giving you direct TTC subway access. Bay station and Bloor-Yonge station on the Bloor–Danforth line (Line 2) serve the neighbourhood's southern boundary on Bloor Street East. The 6 Bay bus provides north-south connections along Bay Street. Museum station on Line 1 is a short walk west. The neighbourhood is extremely well-served by transit given its central location, and taxis and rideshares are always readily available on Bloor Street.

Parks & Green Space

Ramsden Park, north of Yorkville on Yonge Street at Rosedale Valley Road, is a large neighbourhood park with tennis courts, baseball diamonds, and a playground. The David Balfour Park ravine provides a naturalized green corridor accessible from the north end of the neighbourhood. The Village of Yorkville Park on Cumberland Street is a smaller urban park with distinctive granite rock gardens.

Neighbourhood Character

Yorkville's residential character is dominated by luxury condominiums and some of the most expensive single-family homes in Canada. The Four Seasons Hotel, the Park Hyatt, and multiple Michelin-recognized restaurants are within the neighbourhood's borders. The Mink Mile — the stretch of Bloor Street between Bay and Avenue Road — concentrates luxury retail brands including Hermès, Chanel, Louis Vuitton, and Tiffany. Toronto's major auction houses and many of its leading art galleries are also concentrated in Yorkville.

Practical Notes for Renters

Rental apartments in Yorkville proper are scarce — the neighbourhood is dominated by owned condominiums and older apartment buildings that rarely turn over. Renters in this area are typically paying a significant premium for the address and the walkability to Bloor-Yonge and University Avenue institutions. Those who need more square footage for their budget should look at Rosedale, Deer Park, or the Summerhill area.

Renting in Toronto: Your Rights as a Tenant

Ontario Residential Tenancies Act

Ontario's Residential Tenancies Act (RTA) applies to virtually all Toronto rental units and provides significant, enforceable protections for tenants. Here is a summary of the key rights every Toronto renter should understand before signing a lease.

Rent Increases

For units first occupied before November 15, 2018, annual rent increases are limited by the Ontario government's annual guideline (2.5% in 2024 and 2025). Units first occupied on or after November 15, 2018 are not subject to rent increase guidelines — landlords may increase rent by any amount, but must still provide 90 days' written notice using the prescribed form.

Deposits

Under Ontario law, a landlord may only collect a last month's rent deposit before you move in — no security deposit, damage deposit, or pet deposit is legal. Any additional deposits collected above the last month's rent are prohibited by the RTA, regardless of what the lease says.

Entry and Privacy

Your landlord must provide at least 24 hours' written notice before entering your unit for non-emergency purposes (such as repairs, inspections, or showing the unit). The notice must state the reason and the time of entry (between 8am and 8pm). Emergency entry is permitted without notice.

Lease Continuation

When a fixed-term lease (such as a one-year lease) expires, it automatically converts to a month-to-month tenancy on the same terms — the landlord cannot require you to sign a new lease or leave. Your rent does not automatically increase when a lease term ends.

Maintenance

Landlords are required to maintain rental units in a good state of repair and in compliance with health, safety, and maintenance standards — regardless of the tenant's rent level. This obligation exists even if the tenant knew about a problem before moving in.

Eviction

Landlords cannot evict a tenant without following the proper legal process. Eviction notices must use prescribed forms, provide the legally required notice period, and state a legitimate reason (non-payment of rent, landlord's own use, substantial renovations, etc.). Most evictions must be confirmed by the Landlord and Tenant Board (LTB) at a hearing if the tenant disputes them.

The Landlord and Tenant Board (ltb.gov.on.ca) handles all disputes between landlords and tenants in Ontario and offers information, mediation, and adjudication services. Tenant Duty Counsel is available at LTB hearings at no cost to help tenants understand their rights.

Frequently Asked Questions

About this listing

Is 48 Isabella Street rent controlled in Toronto?+
Yes, 48 Isabella Street is a rent controlled building per the Toronto RentSafeTO dataset. Under Ontario's Residential Tenancies Act, annual rent increases are capped at the provincial guideline — typically 2–3%. This protection applies to units first occupied before November 15, 2018.
What is the nearest subway station to 48 Isabella Street?+
The nearest TTC subway station to 48 Isabella Street is Bloor-Yonge Station, approximately 0.2 km away — about a 3-minute walk. This gives residents direct access to Toronto's subway network and connections across the city.
What neighbourhood is 48 Isabella Street in?+
48 Isabella Street is located in Yorkville / Bay Street Corridor in Toronto. Yorkville, centred on Cumberland Street and Hazelton Avenue north of Bloor Street East, is Toronto's most upscale neighbourhood — a cluster of designer boutiques, luxury hotels, high-end restaurants, and art galleries that cater to Toronto's wealthiest residents and visitors.
How much is rent for a 1 bedroom at 48 Isabella Street?+
The listed rent for this 1 bedroom at 48 Isabella Street is $1799/month — a below-market rate for Toronto. The unit is available from 2026-07-24. Comparable units in the area typically rent for more. BelowTheMarket specializes in surfacing affordable Toronto rentals before they fill up.

Planning your move to 48 Isabella Street, Toronto

If you decide to rent at 48 Isabella Street, Toronto, check when you can take possession before booking a truck or moving team. For this one-bedroom rental, check measurements for larger furniture before arranging delivery.

If an elevator or loading space needs to be reserved, confirm the available time with the building before booking movers.

To request estimates based on your own moving plans, visit Moving Companies Toronto and ask for a written breakdown of what each estimate includes.

Interested in this property?

Contact the landlord directly using the information above, or browse more below-market rentals.