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House for Lease in Toronto, Ontario

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With Square Yards Canada, you can explore ideal properties in Toronto. Search for your options 991 rental condo apartment, 69 townhouse condos for rent, 68 rental townhouse, office space for lease, 465 detached and 112 semi-detached houses for rent in Toronto.

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NorthCore Condos

NorthCore Condos

53 Sheppard Avenue West, Toronto, ON
Price On Request
Crest at Crosstown Condos

Crest at Crosstown Condos

824 Don Mills Rd., Toronto, ON
From $825,990 - $1,538,990
  • 1 - 2 Beds
  • From 710 SqFt
Forest Hill Private Residences

Forest Hill Private Residences

2 Forest Hill Road, Toronto, ON
From $1,800,000
  • 1 - 2 Beds
  • From 773 SqFt
Westbend Residences

Westbend Residences

1660 Bloor Street West, Toronto, ON
Price On Request
Pearl Place Condos

Pearl Place Condos

19 Hollywood Avenue, Toronto, ON
From CAD $862,900
  • 1 - 3 Beds
  • From 540 SqFt
Leaside Common

Leaside Common

1720 Bayview Avenue, Toronto, ON
Price On Request
  • 1 - 3 Beds
  • From 639 SqFt
Gemma Condos

Gemma Condos

5046 Hurontario Street, Mississauga, ON
From $621,900 - $1,029,900
  • 2 - 2 Beds
  • From 1000 SqFt
75 James Condominiums

75 James Condominiums

75 James Street South, Hamilton, ON
From the CAD $400,000
Vincent Condos

Vincent Condos

2851 Highway 7, Vaughan, ON
From $625,990 - $857,990
  • 1 - 1 Beds
  • From 432 SqFt
Adagio Condos

Adagio Condos

771 Yonge Street, Toronto, ON
Price On Request
  • 1 - 3 Beds
  • From 372 SqFt
Last Updated: December 05, 2022
  • New Listings
  • Price(Lo-Hi)
  • Price(Hi-Lo)
  • Bedrooms(Hi-Lo)
  • Bathrooms(Hi-Lo)
  • Square Feet(Lo-Hi)
  • Square Feet(Hi-Lo)
4 Photos
Days On Site : 19 Hours
50 Town Centre Crt, Toronto, Ontario
Luxurious Condo At The Encore, Built By Monarch! Open Concept Living+Kitchen, Primary Bedroom, Large Balcony With Great Views. Steps To Ttc, Go Transit, Scarborough Town Centre, Dog Park, Kids Park, Library, Ymca. Close Proximity To To 401, Restaurants. Must See!
$2200.0
  • 1 Beds
  • 1 Baths
  • 0-499 sq-ft

Unit-2906, 50 Town Centre Crt Bendale, Toronto, ON

MLS® E5843394
11 Photos
Days On Site : 19 Hours
1 Bloor St E, Toronto, Ontario
Beautiful 2 Bedroom And 2 Washroom Corner Unit In The Iconic One Bloor Building, Bright And Spacious Open Concept Layout With Floor To Ceiling Windows, Walkout From Living Room To Large Open Balcony, Modern Kitchen With Stainless Steel Appliances And Large Kitchen Island. Direct Access To Yonge And Bloor Subway Lines Without Walking Outside, Close To Shops, Restaurants, Highways, U Of T, Yorkville, Etc. Unit Can Be Leased Furnished Or Partially Furnished.
$3700.0
  • 2 Beds
  • 2 Baths
  • 800-899 sq-ft

Unit-1301, 1 Bloor St E Church-Yonge Corridor, Toronto, ON

MLS® C5843381
5 Photos
Days On Site : 20 Hours
39 Roehampton Ave, Toronto, Ontario
Brand New Never Lived In 1 Br. At The Center Of Mid-Town Yong/Eglinton. Directed Access From The Building To The Subway And New Lrt Hub. Kids And Teen Zone. Trampoline & Climbing Wall. Meeting Room. Dog Spa. Large Balcony W/Access To Living Room And A Big Window To The Bedroom. 1 Locker Included
$2400.0
  • 1 Beds
  • 1 Baths
  • 0-499 sq-ft

Unit-305, 39 Roehampton Ave Mount Pleasant East, Toronto, ON

MLS® C5843370
5 Photos
Days On Site : 21 Hours
1114 Queen Street East, Toronto, Ontario
MLS® E5843338
10 Photos
Days On Site : 22 Hours
33 Frederick Todd Way, Toronto, Ontario
Brand New Never Lived In 1 Bedroom Unit. Luxurious Residences Of Upper East Village !! Huge Balcony. Practical & Spacious Layout. Only Steps To Laird Lrt Station!!! Close To Dvp, Sunnybrook Park, Top Ranking Schools, Restaurants, Home Depot And Much More !!
$2200.0
  • 1 Beds
  • 1 Baths
  • 500-599 sq-ft

Unit-529, 33 Frederick Todd Way Thorncliffe Park, Toronto, ON

MLS® C5843318
14 Photos
Days On Site : 23 Hours
50 Ann O'reilly Rd, Toronto, Ontario
Welcome To Luxury Tridel Built Condo. Corner Unit With South East View.Two Bedrooms With Laminate Throughout , Full Of Sunlight, High Efficient Open Concept Layout With No Wasted Space, Floor To Ceiling Windows, Modern Kitchen With Stainless Steel Appliances, Luxury Amenities, Gym, Roof Top Bbq, Party Room,24Hr Concierge, Movie Theatre Etc..! Minutes To Fairview Mall, 404/401, Subway/Ttc, Supermarket, And Restaurants.One Parking & Locker Includeed.
$2600.0
  • 2 Beds
  • 1 Baths
  • 600-699 sq-ft

Unit-505, 50 Ann O'reilly Rd Henry Farm, Toronto, ON

MLS® C5843286
Top articles on Real Estate in Canada

Is It Possible For Landlord To Sell a Property During a Lease?

A landlord in Toronto could decide on selling a house with tenants in it while the lease is still in effect. However, they must follow certain rules and regulations set by the province to do so. For instance, the landlord must give the tenants a minimum of 2 months' notice if they want to sell the rental property in Canada and provide written notice if any changes to the sale would affect the tenant. If the tenant does not agree with the sale or the changes, they may be able to get out of their lease early.  This blog will explore the process when a landlord sells the rental property during a lease and what your rights as a tenant are. We'll also provide tips on what to do if you find yourself in this situation.  What is Tenanted Property? Tenanted property is a rental property where the tenant has exclusive rights to use and occupy the space for a specific period. The tenancy agreement outlines the tenancy terms, including the lease's length, the rent amount, and other conditions that apply to the tenant's use of the property.  In most cases, tenants can live in the property for the duration…

15 Photos
Video
Days On Site : 1 Day
45 Park Hill Rd, Toronto, Ontario
Convenient Location In Forest Hill North! Beautifully Upgraded House With 3 Bedrooms, Brand New Kitchen And Bathrooms. Private Back Yard, Lots Of Storage In The Basement, Steps To Subway, Quick Access To Allen Road & Highway 401.1 Garage W/2 Tandem Parking Spots In Front Of The Garage, Quiet Family Neighborhood With Excellent Assigned And Local Public Schools.
$4500.0
  • 3 +1 Beds
  • 2 Baths

45 Park Hill Rd Forest Hill North, Toronto, ON

MLS® C5843270
2 Photos
Days On Site : 1 Day
21 Nelson St, Toronto, Ontario
Downtown Vip "Boutique" Condo In The Entertainment District With Panoramic View Of Cn Tower From Both Balconies. Bright & Spacious Corner Unit With Southwest Exposure. A Must See. Open Concept With Large 2 Balconies. Updated Laminate Floors, Granite Counters & Centre Island. Large 2 Bedrooms & 2 Washrooms. 24-Hr Concierge, Gym & More. Steps Away To Subways, Banks & Restaurants.
$3200.0
  • 2 Beds
  • 1 Baths
  • 900-999 sq-ft

Unit-906, 21 Nelson St Waterfront Communities C1, Toronto, ON

MLS® C5843228
17 Photos
Days On Site : 1 Day
194 Bathurst St, Toronto, Ontario
Newly Renovated Downtown Property At Desired Location. A Few Steps To China Town, Transit, School, Mall, Park, Church. . There Are 7 One Bedroom Unit In This House, Each Unit Has Priviate Washroom. And One Commercial Unit Facing Bathurst Street. The Rent Varies From $1700/Month To $2200/Month For Each Unit. .
$2000.0
  • 5 +2 Beds
  • 7 Baths

194 Bathurst St Trinity-Bellwoods, Toronto, ON

MLS® C5843218
1 Photos
Days On Site : 1 Day
221 Sterling Rd, Toronto, Ontario
800 Square Foot, Completely Renovated Artist Studio Loft, With Kitchen And Bathroom In Unit. All Ceilings Are 14' Clear Or Higher. Suitable For Artist Workspaces, Designers, Work Shops, Musicians, Dance Studio And More
$2600.0
  • 1 Beds
  • 1 Baths
  • 800-899 sq-ft

Unit-17, 221 Sterling Rd Roncesvalles, Toronto, ON

MLS® W5843210
12 Photos
Days On Site : 1 Day
11 Wellesley St W, Toronto, Ontario
New Luxury Studio Bachelor /1 Bath At Prime Bay/Wellesley Location. Super Bright And Functional Layout W/Clear North View. Good Size For One Person! Modern Kitchen With B/I Appliances, Steps To Uoft And Ryerson U, Wellesley Subway, Yorkville Shops & Financial Districts! Enjoy One Of A Kind 1.6-Acre Park.
$2200.0
  • 1 Baths
  • 0-499 sq-ft

Unit-4710, 11 Wellesley St W Bay Street Corridor, Toronto, ON

MLS® C5843209
9 Photos
Video
Days On Site : 1 Day
95 Mcmahon Dr, Toronto, Ontario
Brand New Condo Seasons By Concord. 2Bedrooms 2 Washrooms. South-West Corner Unit. Quiet And Sunny, Bright. Laminate Floor Throughout. Split Layout. Large Terrace. Near Two Subway Stations/Ikea/Canadian Tire/Mcdonald's/Starbucks. Roller Blinds Window Coverings. Features 9-Ft Ceilings, Miele Appliances, 1 Parking, 1 Locker Cage.
$3400.0
  • 2 Beds
  • 2 Baths
  • 700-799 sq-ft

Unit-303, 95 Mcmahon Dr Bayview Village, Toronto, ON

MLS® C5843199
10 Photos
Days On Site : 1 Day
4675 Steeles Ave E, Toronto, Ontario
MLS® E5843191
19 Photos
Days On Site : 1 Day
3 Evan Rd, Toronto, Ontario
On A Very Quiet Street. Newly Renovated With A New Kitchen And Appliances And New Paint. Conveniently Located Close To Sheppard/Yonge/401. Minutes Walk To Park, Ttc,Schools. 1 Parking Space On Driveway And An Option For Second Parking. Tenant Pays 1/3 All Utilities. Shared Laundry.
$1850.0
  • 2 Beds
  • 1 Baths

Unit-Bsmt, 3 Evan Rd Lansing-Westgate, Toronto, ON

MLS® C5843167
15 Photos
Video
Days On Site : 1 Day
7 Markdale Ave, Toronto, Ontario
Bright Beautiful Large 2 Bedroom Main Floor Unit In The Heart Of Cedarvale! Fantastic Large Layout. Oversized Windows, Tons Of Natural Light, Updated Kitchen, Bath, Laundry On-Site. Close To All Amenities, Ttc & Bus Routes. Eglinton W. Shops & Restaurants & The Best Of City Living Closer To Eglinton W Station.
$2295.0
  • 2 Beds
  • 1 Baths

Unit-4, 7 Markdale Ave Humewood-Cedarvale, Toronto, ON

MLS® C5842960
7 Photos
Days On Site : 1 Day
60 Colborne St N, Toronto, Ontario
Welcome To 60 Colborne! Open Concept Suite With Large Balcony. Modern Finishes Throughout, Beautiful Kitchen With Stainless Steel Appliances And Floor To Ceiling Windows! Steps To The City's Best Restaurants, Shops, Parks And Waterfront- City Living At Its Finest!
$2400.0
  • 1 Beds
  • 1 Baths
  • 600-699 sq-ft

Unit-#419, 60 Colborne St N Church-Yonge Corridor, Toronto, ON

MLS® C5842953
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 downt ...

About Toronto
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.

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.

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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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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Properties By Budget
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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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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