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Houses for Rent in Toronto, ON

Showing results 1 - 30 of 20889

With Square Yards Canada, you can explore ideal properties in Toronto. Search for your options 6895 rental condo apartment, 277 townhouse condos for rent, 164 rental townhouse, office space for lease, 1013 detached and 332 semi-detached houses for rent in Toronto.

Featured Projects
Arcadia District Condos

Arcadia District Condos

56 Fieldway Rd
$489,900
Anthem at The Metalworks

Anthem at The Metalworks

93 Arthur Street South, Guelph, ON
From $472,900
Canopy Towers

Canopy Towers

5081 Hurontario St, Mississauga
From $385,900
SXSW Tower 2 Condos

SXSW Tower 2 Condos

SXSW Community | 7082 Islington Avenue, Vaughan, ON
Price On Request
MRKT Alexandra Park

MRKT Alexandra Park

593 Dundas St W, Toronto
From $605,000 to over $1,855,000
Birchley Park Condos

Birchley Park Condos

411 Victoria Park Ave, Scarborough
From $529,900
Corktown Condos

Corktown Condos

221 John Street South
From $436,900
Sugar Wharf Condos

Sugar Wharf Condos

95 Lake Shore Blvd E, Toronto, ON M4L 3P1
From $739,990
One Crosstown Condos

One Crosstown Condos

844 Don Mills Road, Toronto, ON
From $900
Clockwork 3 Condos

Clockwork 3 Condos

3008 William Cutmore Blvd
From $500,000
Last Updated: April 22, 2024
  • New Listings
  • Price(Lo-Hi)
  • Price(Hi-Lo)
  • Bedrooms(Hi-Lo)
  • Bathrooms(Hi-Lo)
  • Square Feet(Lo-Hi)
  • Square Feet(Hi-Lo)
15 Photos
Last Updated : 4 Hours ago
721 Lawrence Ave W, Toronto, Ontario , MLS #W8252982 , Image - 1
Image With Blur overlay

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Unit-66, 721 Lawrence Ave W Yorkdale-Glen Park, Toronto, ON MLS® W8252982

Condo (Condo Townhouse)

$3250.0
  • 3 Beds
  • 2 Baths
  • 1200-1399 sq-ft
21 Photos
Last Updated : 4 Hours ago
3 Market St, Toronto, Ontario , MLS #C8255300 , Image - 1

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Unit-207, 3 Market St Waterfront Communities C8, Toronto, ON MLS® C8255300

Condo (Condo Apartment)

$2975.0
  • 2 Beds
  • 1 Baths
  • 700-799 sq-ft
Welcome to your new home at the coveted Market Wharf building! This generous 2-bedroom corner suite boasts an ideal split floorplan flooded with natur
15 Photos
Last Updated : 4 Hours ago
56 Stewart St, Toronto, Ontario , MLS #C8144980 , Image - 1

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56 Stewart St Waterfront Communities C1, Toronto, ON MLS® C8144980

Commercial (Commercial/Retail)

$2000.0
Main floor with two front oversized rooms with a 2pc private bathroom (option to rent full main floor). King St W. Boutique retail/ office space on gr
Top Communities in Toronto
In search of the best communities in Toronto for long-term settling? You can simply trust Square Yards Canada for all your property requirements. Explore different types of properties available to suit your preferences like budget, property size, and property type, detached, semi-detached, condo apartment, or commercial property for rent in Toronto most favourable communities.
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  • Waterfront Communities C1 (1763)
  • Church-Yonge Corridor (1248)
  • Bay Street Corridor (804)
  • Annex (607)
  • Islington-City Centre West (553)
  • Willowdale East (536)
  • York University Heights (528)
  • West Humber-Clairville (466)
  • Niagara (459)
  • Waterfront Communities C8 (456)
  • Moss Park (424)
  • South Riverdale (391)
  • Mimico (382)
  • Kensington-Chinatown (377)
  • Mount Pleasant West (369)
  • Henry Farm (361)
  • Agincourt South-Malvern West (329)
  • Yorkdale-Glen Park (286)
  • Milliken (286)
  • Banbury-Don Mills (276)
  • Trinity-Bellwoods (225)
  • Bayview Village (214)
  • Lansing-Westgate (206)
  • Humber Summit (204)
  • Newtonbrook East (203)
  • Dovercourt-Wallace Emerson-Junction (197)
  • Wexford-Maryvale (188)
  • Woburn (181)
  • Mount Pleasant East (179)
  • Dorset Park (176)
33 Photos
Last Updated : 4 Hours ago
50 High Park Ave, Toronto, Ontario , MLS #W8252658 , Image - 1

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Unit-Th-101, 50 High Park Ave High Park North, Toronto, ON MLS® W8252658

Condo (Condo Townhouse)

$4399.0
  • 2 Beds
  • 2 Baths
  • 1000-1199 sq-ft
Welcome to The Livmore High Park! This rare luxury 2 bed 2 bath townhouse condo features two stories, floor to ceiling windows, ensuite laundry and a
7 Photos
Last Updated : 4 Hours ago
294-296 College St, Toronto, Ontario , MLS #C8144924 , Image - 1

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Unit-Ground, 294-296 College St Church-Yonge Corridor, Toronto, ON MLS® C8144924

Commercial (Commercial/Retail)

Price On Request
9 Photos
Last Updated : 5 Hours ago
84 Araman Dr, Toronto, Ontario , MLS #E8257590 , Image - 1

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Unit-Bsmt-1, 84 Araman Dr Tam O'Shanter-Sullivan, Toronto, ON MLS® E8257590

Residential (Detached)

$1400.0
  • 1 Beds
  • 1 Baths
  • < 700 sq-ft
Convenient Location,Large, Beautiful Newly Renovated One Br. Bsmt Apartment, At Prime Brichmount/Sheppard,Separate Entrance, Rent Includes Wifi And O
9 Photos
Last Updated : 5 Hours ago
135 East Liberty St, Toronto, Ontario , MLS #C8257580 , Image - 1

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Unit-1413, 135 East Liberty St Niagara, Toronto, ON MLS® C8257580

Condo (Condo Apartment)

$2400.0
  • 1 Beds
  • 1 Baths
  • 0-499 sq-ft
Luxury Condo located in the Heart of Liberty Village with Direct south facing Water! Functional layout with large 150 sqft balcony to take in the morn
24 Photos
Last Updated : 5 Hours ago
318 King St E, Toronto, Ontario , MLS #C8245928 , Image - 1

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Unit-612, 318 King St E Moss Park, Toronto, ON MLS® C8245928

Condo (Condo Apartment)

$1950.0
  • 0 +1 Beds
  • 1 Baths
  • 0-499 sq-ft
Just Painted, Clean & Cozy South Facing Bachelor Unit In King East Designer's District With Perfect Walk/Transit/Bike Scores. Daily errands do not req
17 Photos
Last Updated : 6 Hours ago
319 Jarvis St, Toronto, Ontario , MLS #C8257554 , Image - 1

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Unit-2807, 319 Jarvis St Church-Yonge Corridor, Toronto, ON MLS® C8257554

Condo (Condo Apartment)

$2500.0
  • 2 Beds
  • 2 Baths
  • 600-699 sq-ft
Brand New Luxury Condo, Be the first to live in this unit!! Bright Open Concept layout with Ceiling to Floor Windows. Amazing amenites: Work Space, Fi
2 Photos
Last Updated : 7 Hours ago
7 Olympic Garden Dr, Toronto, Ontario , MLS #C8183336 , Image - 1

Unit-N625, 7 Olympic Garden Dr Newtonbrook East, Toronto, ON MLS® C8183336

Condo (Condo Apartment)

$3100.0
  • 2 +1 Beds
  • 2 Baths
  • 700-799 sq-ft
Experience urban living at its finest in this brand new 10' Ceilings, never-lived-in 2-bedroom + den condo with 1 locker at M2M Squared. Located just
Property Types Available in Toronto
If you wish to relocate to Toronto then scroll through the Toronto property market for multiple property types. You will find a wide range of properties for rent in Toronto, including condo apartments, detached, semi-detached, condo townhouses, apartments, flats, residential, freehold, office spaces, and commercial properties for rent in Toronto.
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  • Condo Apartment (6895)
  • Office (5191)
  • Commercial (4353)
  • Detached (1013)
  • Single Family Homes (995)
  • Semi Detached (332)
  • Condo Townhouse (277)
  • Townhouse (164)
  • Multi Family Homes (160)
  • Land (59)
  • Duplex (48)
13 Photos
Last Updated : 7 Hours ago
8 Olympic Garden Dr, Toronto, Ontario , MLS #C8257544 , Image - 1

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Unit-S622, 8 Olympic Garden Dr Newtonbrook East, Toronto, ON MLS® C8257544

Condo (Condo Apartment)

$3000.0
  • 2 +1 Beds
  • 2 Baths
  • 700-799 sq-ft
Experience Urban Living At Its Finest In This Brand New 10' Ceilings, Never-lived-in 2-Bedroom + Den Condo With 1 Locker At M2M Squared. Located Just
31 Photos
Last Updated : 9 Hours ago
4K Spadina Ave, Toronto, Ontario , MLS #C8257540 , Image - 1

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Unit-1509, 4K Spadina Ave Waterfront Communities C1, Toronto, ON MLS® C8257540

Condo (Condo Apartment)

$3250.0
  • 1 +1 Beds
  • 2 Baths
  • 700-799 sq-ft
Prime Location Fully Updated RARE Unit at 4k Spadina - Neo Condos, Fully Furnished! Luxury Finishes Include: Smart Activated Systems Via Google Home,
25 Photos
Last Updated : 10 Hours ago
20 Edward St, Toronto, Ontario , MLS #C8257538 , Image - 1

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Unit-2512, 20 Edward St Bay Street Corridor, Toronto, ON MLS® C8257538

Condo (Condo Apartment)

$3250.0
  • 2 Beds
  • 1 Baths
  • 500-599 sq-ft
This rare opportunity, a new level of refined living in the citys most vibrant neighbourhood. A place where you can walk to school, work, cafs, restau
9 Photos
Last Updated : 10 Hours ago
55 Mercer St, Toronto, Ontario , MLS #C8257424 , Image - 1

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Unit-4505, 55 Mercer St Waterfront Communities C1, Toronto, ON MLS® C8257424

Condo (Condo Apartment)

$2350.0
  • 1 Beds
  • 1 Baths
  • 0-499 sq-ft
Student Welcome. New Stunning Modern One Bedroom Unit With 9Ft Ceilings and Large Balcony, Great West/North view (Lake Ontario and skylines). Laminate
Bedroom Types Available in Toronto
Explore the Toronto 1 to 5 bedroom condos, apartments, and duplexes. Square Yards Canada offers a plethora of rental options with a broad variety of property sizes. You can choose from 1 bedroom, 2 bed apartment, 3 bedroom house, 4 bedroom, and 5 bedroom house for rent in Toronto.
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  • 1 Bedroom (4622)
  • 2 Bedroom (3193)
  • 3 Bedroom (962)
  • 4 Bedroom (174)
  • 5 Bedroom (39)
19 Photos
Last Updated : 11 Hours ago
11 Wyper Sq, Toronto, Ontario , MLS #E8257526 , Image - 1

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11 Wyper Sq Agincourt South-Malvern West, Toronto, ON MLS® E8257526

Residential (Detached)

$3950.0
  • 4 Beds
  • 4 Baths
Stunning Detached 3 Storey! Sheppard/McCowan/401, 4 Bedrooms, 4 Washrooms, Art Glass Front Entrance Door, 5Pc Master Ensuite, Finished Basement/Rec Ro
10 Photos
Last Updated : 11 Hours ago
80 Harrison Garden Blvd, Toronto, Ontario , MLS #C8257516 , Image - 1

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Unit-1524, 80 Harrison Garden Blvd Willowdale East, Toronto, ON MLS® C8257516

Condo (Condo Apartment)

$2400.0
  • 1 Beds
  • 1 Baths
  • 500-599 sq-ft
Tridel Built 'Avondale', Freshly Repainted-New Laminate In L/D Room. Granite Counter Top In Kitchen, Breath Taking 2 Storey Atrium Lobby W/Million $ A
9 Photos
Last Updated : 11 Hours ago
82 Dalhousie St, Toronto, Ontario , MLS #C8257502 , Image - 1

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Unit-2309, 82 Dalhousie St Church-Yonge Corridor, Toronto, ON MLS® C8257502

Condo (Condo Apartment)

$1850.0
  • 1 Baths
  • 0-499 sq-ft
26 Photos
Last Updated : 12 Hours ago
75 Canterbury Pl, Toronto, Ontario , MLS #C8253868 , Image - 1

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Unit-1102, 75 Canterbury Pl Willowdale West, Toronto, ON MLS® C8253868

Condo (Condo Apartment)

$3200.0
  • 2 Beds
  • 2 Baths
  • 700-799 sq-ft
The Luxury Diamond Condo! Upgraded to Luxury Package. 769 SQ.FT. + 138 SQ.FT.(Balcony). Located In The Heart Of North York! Bright And Spacious Split
Properties By Budget in Toronto
Looking for a property that meets your needs but finding it difficult? Connect with Square Yards. Here you will get to choose from a variety of property types just as residential, freehold homes for rent under CAD 2000 thousand and 1 bedroom apartments under CAD 10 thousand to rent house under CAD 1 M in Toronto.
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  • Under 1 Thousand (7590)
  • Under 2 Thousand (9132)
  • Under 3 Thousand (15542)
  • Under 4 Thousand (18579)
  • Under 5 Thousand (19527)
  • Under 6 Thousand (19941)
  • Under 7 Thousand (20236)
  • Under 8 Thousand (20414)
  • Under 9 Thousand (20533)
  • Under 10 Thousand (20607)
  • Under 30 Thousand (20855)
  • Under 50 Thousand (20870)
  • Under 70 Thousand (20873)
  • Under 100 Thousand (20877)
  • Under 500 Thousand (20879)
  • Under 1 Million (20882)
12 Photos
Last Updated : 12 Hours ago
35 Mercer St, Toronto, Ontario , MLS #C8257484 , Image - 1

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Unit-2816, 35 Mercer St Waterfront Communities C1, Toronto, ON MLS® C8257484

Condo (Condo Apartment)

$3600.0
  • 2 Beds
  • 2 Baths
  • 700-799 sq-ft
Brand New 2 Bedroom Apartment Situated in Toronto's vibrant entertainment district . Fine finishes such as marble countertops, ambient pot lights, upg
6 Photos
Last Updated : 12 Hours ago
2220 Lakeshore Blvd W, Toronto, Ontario , MLS #W8257412 , Image - 1

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Unit-615, 2220 Lakeshore Blvd W Mimico, Toronto, ON MLS® W8257412

Condo (Condo Apartment)

$3200.0
  • 2 +1 Beds
  • 2 Baths
  • 800-899 sq-ft
Beautiful ravine facing quite 2 bedrooms plus den with 2 washrooms condo unit (868 sf & 108 sf balcony) with one handicap parking spot, one locker. Bu
8 Photos
Last Updated : 12 Hours ago
20 Tubman Ave, Toronto, Ontario , MLS #C8172720 , Image - 1

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Unit-1908, 20 Tubman Ave Regent Park, Toronto, ON MLS® C8172720

Condo (Condo Apartment)

$2100.0
  • 1 Beds
  • 1 Baths
  • 500-599 sq-ft
Gorgeous 1 Bedroom At The Wyatt By Daniels. Large Balcony With Fantastic View. Bright Modern Finishes With Great Space In Every Room. Window In Bedroo
22 Photos
Last Updated : 12 Hours ago
38 Widmer St, Toronto, Ontario , MLS #C8257474 , Image - 1

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Unit-1510, 38 Widmer St Waterfront Communities C1, Toronto, ON MLS® C8257474

Condo (Condo Apartment)

$2600.0
  • 1 +1 Beds
  • 1 Baths
  • 600-699 sq-ft
Welcome to DT Core! Luxury High-Tech Condo, Brand-New 1+1 Brms, Large Den With Glass Doors, Surrounded by a Wealth of Attractions, Close To Restauran
Top Neighbourhood in Toronto
With Square Yards Canada, you can select your ideal home in the top neighbourhoods of Toronto. Browse the extensive listings of new projects in Toronto listed by owners and brokers. You can find sizable and newly constructed houses for sale in the top neighbourhoods of Toronto. Explore more information about the unique features, unit sizes, and carpet areas of the projects in Toronto.
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  • Oakridge
  • Niagara
  • Bedford Park-Nortown
  • Little Portugal
  • Birchcliffe-Cliffside
  • Forest Hill South
  • Cabbagetown-South St. James Town
  • Kensington-Chinatown
  • Trinity-Bellwoods
  • Rosedale-Moore Park
  • Yonge-Eglinton
  • Mount Pleasant East
  • Oakwood-Vaughan
  • Englemount-Lawrence
  • Dufferin Grove
15 Photos
Last Updated : 12 Hours ago
501 St Clair Ave W, Toronto, Ontario , MLS #C8212016 , Image - 1

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Unit-1909, 501 St Clair Ave W Casa Loma, Toronto, ON MLS® C8212016

Condo (Condo Apartment)

$2350.0
  • 0 +1 Beds
  • 1 Baths
  • 0-499 sq-ft
A Fresh Opportunity to live between two iconic neighbourhoods in the modern Rise Condos. This Fully Furnished Studio features breathtaking city views
11 Photos
Last Updated : 12 Hours ago
26 Norton Ave, Toronto, Ontario , MLS #C8257446 , Image - 1

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Unit-606, 26 Norton Ave Willowdale East, Toronto, ON MLS® C8257446

Condo (Condo Apartment)

$2800.0
  • 1 +1 Beds
  • 1 Baths
  • 600-699 sq-ft
Step into luxury at this impeccably maintained, fully furnished, and pet-friendly unit, where comfort meets style in every corner. Conveniently situat
16 Photos
Last Updated : 12 Hours ago
15 Queens Quay E, Toronto, Ontario , MLS #C8257426 , Image - 1

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Unit-621, 15 Queens Quay E Waterfront Communities C8, Toronto, ON MLS® C8257426

Condo (Condo Apartment)

$2500.0
  • 1 +1 Beds
  • 1 Baths
  • 600-699 sq-ft
Urban Oasis on the Lake! This bright, spacious unit boasts more than 620 sq of luxurious livingfor the discerning resident looking to enjoy the best t
9 Photos
Last Updated : 12 Hours ago
47 Lower River St, Toronto, Ontario , MLS #C8257420 , Image - 1

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Unit-440, 47 Lower River St Moss Park, Toronto, ON MLS® C8257420

Condo (Condo Apartment)

$2000.0
  • 1 Beds
  • 1 Baths
  • 0-499 sq-ft
Modern Open Concept Loft Style Junior One Bedrm In An Award Winning Building! Surrounded By 23 Acres Of Parks & Trails. Minutes Ttc Bus Ride To Downto
15 Photos
Last Updated : 12 Hours ago
101 Charles St E, Toronto, Ontario , MLS #C8257402 , Image - 1

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Unit-709, 101 Charles St E Church-Yonge Corridor, Toronto, ON MLS® C8257402

Condo (Condo Apartment)

$2200.0
  • 1 Baths
  • 0-499 sq-ft
Amazing un-obstructive View X2 Condo. Oversized Studio Unit, 463 Sq Ft Plus Large Balcony. Hardwood flooring and a large kitchen island with dining ta
19 Photos
Last Updated : 13 Hours ago
290 Adelaide St W, Toronto, Ontario , MLS #C8257400 , Image - 1

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Unit-2903, 290 Adelaide St W Waterfront Communities C1, Toronto, ON MLS® C8257400

Condo (Condo Apartment)

$2280.0
  • 1 Baths
  • 0-499 sq-ft
Great Bond Condos, 1 B Studio With 9' Ceiling, Flr To Ceiling Windows. Very Functional Open Plan Layout W Upgrades. Kitchen W/Quartz Counter Tops & S/
16 Photos
Last Updated : 13 Hours ago
400 Adelaide St E, Toronto, Ontario , MLS #C8125104 , Image - 1

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Unit-1911, 400 Adelaide St E Moss Park, Toronto, ON MLS® C8125104

Condo (Condo Apartment)

$2350.0
  • 1 Beds
  • 1 Baths
  • 600-699 sq-ft
A Modern One Bedroom At Ivory Condos In St. Lawrence! This Condo Features A Functional Layout, Stylish Kitchen With Full Sized Appliances, Boasting Ci
11 Photos
Last Updated : 13 Hours ago
29 Grove Hill Dr, Toronto, Ontario , MLS #E8257394 , Image - 1

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Unit-Bsmt, 29 Grove Hill Dr L'Amoreaux, Toronto, ON MLS® E8257394

Residential (Detached)

$2000.0
  • 3 Beds
  • 1 Baths

Property for Lease in Toronto Overview

Toronto Real Estate for Rent

The new development and renovations around the city reflect Toronto's advancing economy. As one of Canada's most popular real estate markets, many individuals opt to reside in the Greater Toronto Area, where public transportation is readily available through the subway, streetcars, buses, and transit trains. The CN Tower, located downtown, contributes to one of the most iconic skylines in the world. Toronto's vibrant and varied culture and thriving real estate market make it an excellent area to look for your new rental home. It's a safe, welcoming, and affordable city. Toronto has risen to the top of the rankings that rate cities based on factors such as safety and security, ease of doing business, democracy, friendliness, and cultural variety, among others. All of these characteristics encourage more individuals to consider relocating to the city.

Toronto’s Average Rental Price by Property Size

The average monthly rent climbed by 43% yearly to CAD 3,203 in the city's most lively regions, which include the Entertainment District, King West, and Cityplace. The Yonge and Eglinton, Whitney Redpath, and the Parker neighbourhood have seen rents rise 38% yearly to CAD 2,838 monthly. However, rents in this region are being supported by listings at two new purpose-built rental flats. The Village and Downtown Yonge are active neighborhoods regarding rental activity, with rentals increasing by 24% yearly to CAD 2,674 monthly. The preference is more apparent in cities like Toronto, where the average rent for all property types increased by an incredible 24% between July 2021 and 2022, reaching CAD 2,691. At the same time, Toronto's costs are growing faster than the national average. Toronto had the fourth-lowest growth rate of the 35 major cities studied last month; Victoria, British Columbia, led the list with an annual rent rise of 27%, followed by Hamilton (26%), and Kitchener (26%). Despite this, Toronto remains Canada's second-most costly rental market, behind Vancouver, which reported a 16% annual growth rate last month to reach a new average rent price (for all property types) of CAD 3,118.

Top Rental Neighborhoods in Toronto

The city of Toronto has 190 recognised rental homes, so there are plenty of preferences for prospective house buyers. The types of homes offered in each neighbourhood will change. The neighbourhood housing market as home rental prices in various areas might also vary considerably. Each neighbourhood's community may provide different lifestyles and experiences. The following are the ten cheapest Toronto neighbourhoods in terms of total rental prices:

Neighbourhoods Average Rental Price (CAD)
High Park-Swansea CAD 3,205
Mimico CAD 2,994
South Parkdale CAD 2,192
Cabbagetown-South St. James Town CAD 2,025
Humewood Cedarvale CAD 2,300
North St. James Town CAD 2,289
Yonge-Eglinton CAD 2,593
Church-Yonge Corridor CAD 2,695
Mount Pleasant West CAD 2,760
Islington-City Centre West CAD 2,866

Average Lease Price by Property Type in Toronto

In July, the average monthly rent per square foot in these top neighbourhoods was CAD 3.73, up 3% monthly (CAD 0.11) and 20% yearly. Casa Loma is the most expensive market, with monthly growth of 15.2%, CAD 0.58 per square foot and yearly growth of CAD 1.33 per square foot, a 43% rise. The increase is attributable to the completion of the 15 luxury rental complexes and the addition of the freshly refurbished, high-end rental Two Clarendon. Waterfront Communities is the most active neighbourhood in terms of listing activity, with monthly rent increasing from CAD 3.32 per square foot in July 2021 to CAD 3.96 in July 2022, representing yearly growth of more than 19%. The Real Estate Brokerage sector in Canada is the second most excellent Real Estate and Rental and Leasing industry in market size, ranking 51st overall. Canada's Real Estate Brokerage sector was predicted to shrink by -1.6% in 2022. Population increase boosts home demand, rising house prices, industry commissions, and brokerage costs. As a result, population expansion typically leads to increased industrial revenue and returns. This municipality's rent is already high and expected to rise more in future years. If you invest in the house, you should have adequate cash flow to cover your home loan payments. Gains and revenue, together with strong demand, are the reasons everyone wants to acquire a rental property in Toronto.

Rental Average Price History in Toronto

The average rental price in the Greater Toronto Area has continued to grow with hikes of 5.7%, 3.1%, and 3.3% in the previous three months. From July 2021 to July 2022, the Greater Toronto Area witnessed a significant yearly rent rise. Monthly studio rentals increased by 14% yearly, one-bedroom rents increased by more than 15%, two-bedroom rents increased by 19%, and three-bedroom rents increased by 14%. Four-bedroom apartments increased by 3%. The monthly data is volatile due to the wide variety of four-bedroom residences available, ranging from older flats to huge single-detached homes in significant excess, with average rentals ranging between 2.2 to 2.9%.

Toronto’s Best Areas / Communities for Rental Properties

Toronto has been and will continue to be a prevalent destination for people at all stages of life, including raising a family, attending school, and retiring. This pleasant city has diverse neighbourhoods that highlight various aspects of community living. There are waterfront neighbourhoods, residential areas, and business hubs for entrepreneurs and students.

  • Liberty Village
  • Annex Neighbourhood
  • Yorkville
  • Bloor West Village
  • Yonge and Eglinton
  • Yonge and St. Clair
  • York Mills
  • Scarborough
  • Henry Farm
  • Newtonbrook
  • Cabbagetown
  • Leslieville
  • Davisville Village

Pet-Friendly Rental Home Options in Toronto

Pet-friendly rental apartments in Toronto are more widespread than ever. You may now effortlessly search through hundreds of pet-friendly rental listings to discover the ideal home for you and your pet roommate. It may be beneficial to know that the average rent for an apartment in Toronto is CAD 2,037. It varies depending upon the locality you choose. Looking for something special? Pet-friendly condos with extra-large floor plans are available for as little as CAD 5,343 per month.

Toronto's Rental Demographic

In 2016, renters made up 47% of the city's households. A proportion of renter families pays more than 50% of their income. Their housing income is almost twice that of the owners and has risen by 21% in the last ten years. The vacancy rate in private rental housing across all unit types was 1.5% in 2019, but jumped to 3.7% in 2020 owing to the impact of the COVID-19 epidemic on the rental market. Primary rental homes account for nearly half of the city's housing commodities, while condominium rental units account for around 18%. The remaining one-third consists of social housing, such as basement apartments. Household size statistics show that smaller households are increasing while Toronto's families are shrinking overall. One-person and two-person homes account for around one-third of all households in the city. In 2016, there were 261,873 private market primary rental units and 92,658 condominium rental units, according to CMHC rental statistics.

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Frequently Asked Questions (FAQs)

Which location is best in Toronto for renting a house?

A few of the best neighbourhoods to rent in Toronto are Yorkville, Bloor West Village, Yonge & Eglinton, Yonge & St. Clair (Deer Park), York Mills, and Scarborough Village Neighbourhood.

How Much Does it Cost Monthly to Rent in Toronto?

The official average monthly costs for rental flats and condominiums at the end of 2021, according to the Toronto Real Estate Board, were:

CAD 1,574 for a studio apartment,

CAD 1,970 for a one-bedroom apartment,

CAD 2,694 for a two-bedroom apartment,

CAD 3,578 for a three-bedroom apartment.

What are the usual things included in Toronto Rental Condos?

Condos usually include all utilities in the rental price except Hydro (electricity). In less common instances, the tenant must also pay for water, which is often the case in newer buildings. It is common to find Hydro included in the rental price in older buildings.

How frequently can a landlord raise the rent in Toronto?

An owner can raise the rent every twelve months in Toronto. You would, however, be required to offer 60 days’ notice before leaving.

What is the average annual flat rent in Toronto?

The average annual flat rent in Toronto varies depending on the property type you want to opt for; it ranges from CAD 1,900 to CAD 3,500.

How do you go about putting in a rental maintenance request?

A maintenance request is a formal letter to your landlord asking to repair something that you can’t or don’t feel comfortable fixing on your own. Make sure that you know the procedure for submitting maintenance requests and know the warning signs to look for to avoid extensive damage.

Can I decorate the walls of rental apartments in Toronto?

With the signed agreement, you’re not supposed to decorate the walls of rental apartments in Toronto, but you can use a few inspirational images or sceneries that don’t damage the property; otherwise, you are required to pay an extra amount.

What are the legal documents required to rent in Toronto?

The following documents are required for a rental home in Toronto:

  • Full name
  • Identity Proof
  • Income
  • Employment status
  • References from past landlords
  • Consent to a credit check

Do I need a realtor to get a rental house in Toronto?

No, getting a realtor to rent a house is not essential.

What is the average rent for three bedrooms house in Toronto?

The average rent for three bedrooms house in Toronto is CAD 3,578.

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Property for Lease in Toronto Overview

With Square Yards Canada, you can explore ideal properties in Toronto. Search for your options 6895 rental condo apartment, 277 townhouse condos for rent, 164 rental townhouse, office space for lease, 1013 detached and 332 semi-detached houses for rent in Toronto.


Top Neighbourhoods in Toronto with Properties for Lease

Embark on a journey through Toronto's captivating municipalities, each offering a distinctive real estate experience. Find your dream home among the 20889+ Lease listings available. Explore the unique charm of every neighborhood, from Waterfront Communities C1, Church-Yonge Corridor, Bay Street Corridor, Annex, Islington-City Centre West and beyond. With prices ranging from $101 to $699K, discover where affordability meets your dream property.


Locality Min Rent Max Rent Avg Listed Rent Property Count
Waterfront Communities C1 $105 $55K $3K 1770
Church-Yonge Corridor $101 $30K $2K 1209
Bay Street Corridor $110 $35K $3K 756
Annex $105 $699K $6K 607
Islington-City Centre West $485 $26K $3K 529
York University Heights $449 $16K $2K 507
Waterfront Communities C8 $800 $19K $2K 506
Willowdale East $500 $19K $3K 502
Niagara $595 $20K $3K 449
West Humber-Clairville $400 $37K $3K 448

Property Types Available in Toronto for Lease

Uncover a diverse selection of properties for Lease in Toronto, suitable for all lifestyles and budgets. Explore a range of options including condo-apartment, office, commercial, Single Family Homes, detached and many more, each offering a distinct living or investment opportunity. With prices starting from $101 and reaching up to $699K, the Toronto real estate market guarantees a perfect property for every buyer.


Property Type Min Rent Max Rent Avg Listed Rent Property Count
Condo-Apartment $250 $65K $2K 6801
Office $300 $49K $2K 5099
Commercial $101 $695K $4K 4289
Single Family Homes $750 $80K $3K 995
Detached $750 $80K $3K 978
Semi-Detached $950 $35K $3K 305
Condo-Townhouse $1K $10K $3K 259
Multi Family Homes $1K $699K $5K 160
Townhouse $1K $8K $3K 153
Land $225 $300K $20K 58

Bedroom Types Available in Toronto for Lease

Find your dream home in Toronto with a vast selection of bedroom options for Lease. Tailored to all desires, the market offers cozy 1-bedroom units all the way to expansive 6+ bedroom residences. Explore a spectrum of living spaces, including 1-bedroom, 2-bedroom, 3-bedroom, and more. With prices ranging from a budget-friendly $750 to a luxurious $899K, discover the ideal match for your needs and financial aspirations.


Unit Type Min Rent Max Rent Avg Listed Rent Property Count
1-bedroom $850 $7K $2K 4524
2-bedroom $990 $899K $3K 3121
3-bedroom $750 $699K $5K 935
4-bedroom $850 $80K $6K 175
5-bedroom $1K $35K $8K 40

Budget-Wise Properties Available in Toronto for Lease

Discover your dream property in Toronto that fits your budget! We have budget ranges from under $101 to under $899K, ensuring you find a place that perfectly aligns with your financial goals. Explore 20889+ properties for Lease in Toronto, offering a diverse market to suit your needs.


Budget From To Property Count
Under 1 Million $101 $899K 20478
Under 500 Thousand $101 $300K 20475
Under 100 Thousand $101 $99K 20473
Under 70 Thousand $101 $65K 20469
Under 50 Thousand $101 $49K 20466
Under 30 Thousand $101 $28K 20450
Under 10 Thousand $101 $9K 20211
Under 9 Thousand $101 $8K 20144
Under 8 Thousand $101 $7K 20029
Under 7 Thousand $101 $6K 19850

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