Alex Karczewski, Broker · New World 2000 Realty Inc.

Rendering of The Waverley by Fitzrovia
Rental buildingPurpose-built rental

The Waverley by Fitzrovia

484 Spadina Avenue, Toronto, ON (corner of College Street and Spadina Avenue), Toronto

Rent control unknown

We do not know yet when the first tenants moved into The Waverley by Fitzrovia, so we cannot tell you whether your rent is capped. If the unit was first lived in after November 15, 2018, it is not. Ask the landlord for the date before you sign.

DeveloperFitzrovia Real Estate Inc.

Suite mix

The suites

  • Studio, 1, 2, and 3-bedroom suites

Suite types as the developer described them. Each landlord sets their own rent; rents are not on this site yet.

The building

The building

Rising at the busy corner of College Street and Spadina Avenue, The Waverley is a purpose-built rental building from Fitzrovia Real Estate Inc. in downtown Toronto. The building is complete and occupied, with leasing now under way.

Suites range from studios to three bedrooms, giving renters a range of layouts in one of the city's most connected central neighbourhoods.

Amenities

Amenities

Set at College and Spadina, The Waverley is surrounded by some of Toronto's liveliest downtown districts. Kensington Market, Chinatown, and Little Italy are all within an easy walk, offering independent shops, restaurants, cafés, and grocers. The University of Toronto's St. George campus is close by, along with the shops and services that line College and Spadina.

Beyond daily conveniences, the area puts residents near hospitals along University Avenue, cultural venues, and the green space of Queen's Park — the kind of walkable, everything-nearby setting that defines central Toronto living.

Rent control

Is your rent capped here?

We do not know yet when the first tenants moved into The Waverley by Fitzrovia, so we cannot tell you whether your rent is capped. If the unit was first lived in after November 15, 2018, it is not. Ask the landlord for the date before you sign.

The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.

Short answer

Getting around

Getting around

Few Toronto addresses are as transit-rich as College and Spadina. The 506 College and 510 Spadina streetcar lines meet right at the intersection, connecting to TTC subway stations and the broader network. Union Station and its GO Transit connections sit a short streetcar or subway ride south, while the Gardiner Expressway and Don Valley Parkway provide options for drivers heading in and out of the core.

Who built it

Fitzrovia Real Estate Inc.

Fitzrovia Real Estate Inc. is a Toronto-based developer focused on building and operating purpose-built rental communities across the city. The company designs, develops, and manages its buildings with an emphasis on amenity-rich, professionally managed rental living. The Waverley reflects that focus, delivering new rental housing in a prime downtown location.

Questions

Questions

Can my rent at The Waverley by Fitzrovia go up by any amount?
We do not know yet when the first tenants moved into The Waverley by Fitzrovia, so we cannot tell you whether your rent is capped. If the unit was first lived in after November 15, 2018, it is not. Ask the landlord for the date before you sign.
Who built The Waverley by Fitzrovia?
Fitzrovia Real Estate Inc. built The Waverley by Fitzrovia at 484 Spadina Avenue, Toronto, ON (corner of College Street and Spadina Avenue), Toronto.
Can I find a unit at The Waverley by Fitzrovia on this site?
Nothing is listed at The Waverley by Fitzrovia right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
What is The Waverley by Fitzrovia?
The Waverley is a purpose-built rental building at 484 Spadina Avenue in downtown Toronto, developed by Fitzrovia Real Estate Inc. The building is complete and occupied, and suites are now available to lease.
Where is The Waverley located?
It stands at the corner of College Street and Spadina Avenue in central Toronto, close to the University of Toronto, Kensington Market, Chinatown, and Little Italy.
How much is rent at The Waverley?
Rents vary by layout and suite; current pricing and availability are confirmed by the builder's leasing team.