- Middlesex
- Hastings
- Brantford
- Peterborough
- Northumberland
- Oxford
- Elgin
- Kawartha Lakes
- Grey County
- Essex
- Lambton
- Muskoka
- Frontenac
- Lennox & Addin
- Nipissing
- Brant
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- Algoma
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- Sudbury
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- Greater Sudbur
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- New Homes
- For Sale
- For Rent
Maximum 4 project can be compared at one go.
Houses for Rent in Toronto, ON
Discover an array of houses for rent in Toronto on Square Yards Canada. Our comprehensive Toronto rental listings cater to different needs, offering properties such as freeholds, condos, and townhouses. If you want to filter out your research for a less time-consuming process, our page gives you the option to choose your preferences. You can filter by price range, property size, number of bedrooms and bathrooms, and amenities like gyms and visitor parking. Explore the latest rental MLS listings in Toronto to find your ideal rental house. Start your search today and uncover the best homes for rent in Toronto.
The Grand at Universal City
Universal City Condos Community, 1474 Bayly Street, Pickering, ON
- New Listings
- Price(Lo-Hi)
- Price(Hi-Lo)
- Bedrooms(Hi-Lo)
- Bathrooms(Hi-Lo)
- Square Feet(Lo-Hi)
- Square Feet(Hi-Lo)
Like What you see?
Unit-3rd Flr, 25 Coulson Ave Forest Hill South, Toronto, ON MLS® C8463556
Residential (Detached)
- 1 Baths
Like What you see?
Unit-3601, 327 King St W Waterfront Communities C1, Toronto, ON MLS® C9195032
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 0-499 sq-ft
Like What you see?
Unit-202, 1514 Davenport Rd Corso Italia-Davenport, Toronto, ON MLS® W9195062
Residential (Semi-Detached)
- 1 Baths
- < 700 sq-ft
- Waterfront Communities C1 (1509)
- Church-Yonge Corridor (1047)
- Bay Street Corridor (755)
- Willowdale East (442)
- Annex (393)
- Niagara (373)
- Waterfront Communities C8 (363)
- Islington-City Centre West (351)
- Henry Farm (329)
- Mimico (328)
- York University Heights (314)
- Mount Pleasant West (301)
- Moss Park (284)
- West Humber-Clairville (271)
- Kensington-Chinatown (252)
- South Riverdale (248)
- Bayview Village (214)
- Banbury-Don Mills (212)
- Agincourt South-Malvern West (204)
- Dovercourt-Wallace Emerson-Junction (147)
- Woburn (142)
- Lansing-Westgate (141)
- Yorkdale-Glen Park (137)
- Bendale (136)
- Milliken (135)
- Willowdale West (133)
- Clanton Park (132)
- Humber Summit (113)
- University (113)
- Little Portugal (113)
Like What you see?
Unit-423, 500 Doris Ave Willowdale East, Toronto, ON MLS® C9195061
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 800-899 sq-ft
Like What you see?
Unit-2905, 386 Yonge St Bay Street Corridor, Toronto, ON MLS® C9195058
Condo (Condo Apartment)
- 1 +1 Beds
- 1 Baths
- 700-799 sq-ft
Like What you see?
Unit-2301, 60 Byng Ave Willowdale East, Toronto, ON MLS® C9195028
Condo (Condo Apartment)
- 1 +1 Beds
- 1 Baths
- 600-699 sq-ft
Like What you see?
Unit-101, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C9017096
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 500-599 sq-ft
Like What you see?
Unit-802, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C9012201
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 500-599 sq-ft
Like What you see?
Unit-1008, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C9008690
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 500-599 sq-ft
Like What you see?
Unit-507, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C9013314
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 1000-1199 sq-ft
- Office (2259)
- Commercial (1581)
- Single Family Homes (995)
- Detached (957)
- Semi Detached (262)
- Multi Family Homes (160)
- Townhouse (155)
- Duplex (38)
- Land (25)
Like What you see?
Unit-905, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C9008963
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 0-499 sq-ft
Like What you see?
Unit-906, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C9009344
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 500-599 sq-ft
Like What you see?
Unit-509, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8448490
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 500-599 sq-ft
Like What you see?
Unit-1201, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8384860
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 700-799 sq-ft
- 1 Bedroom (4521)
- 2 Bedroom (3213)
- 3 Bedroom (964)
- 4 Bedroom (213)
- 5 Bedroom (49)
Like What you see?
Unit-1204, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8384864
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 600-699 sq-ft
Like What you see?
Unit-1209, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8384872
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 500-599 sq-ft
Like What you see?
Unit-1208, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8384870
Condo (Condo Apartment)
- 1 Beds
- 1 Baths
- 500-599 sq-ft
Like What you see?
Unit-807, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C9011407
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 1000-1199 sq-ft
- Under 1 Thousand (3642)
- Under 2 Thousand (4545)
- Under 3 Thousand (10161)
- Under 4 Thousand (12965)
- Under 5 Thousand (13761)
- Under 6 Thousand (14072)
- Under 7 Thousand (14276)
- Under 8 Thousand (14386)
- Under 9 Thousand (14468)
- Under 10 Thousand (14520)
- Under 30 Thousand (14680)
- Under 50 Thousand (14690)
- Under 70 Thousand (14691)
- Under 100 Thousand (14692)
- Under 500 Thousand (14694)
- Under 1 Million (14695)
Like What you see?
Unit-907, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8260444
Condo (Condo Apartment)
- 3 Beds
- 2 Baths
- 1200-1399 sq-ft
Like What you see?
Unit-1305, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8260392
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 1000-1199 sq-ft
Like What you see?
Unit-1203, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8260374
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 800-899 sq-ft
Like What you see?
Unit-1104, 2525 Bathurst St Forest Hill North, Toronto, ON MLS® C8260370
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 900-999 sq-ft
- 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
Like What you see?
78 Stanley Greene Blvd Downsview-Roding-CFB, Toronto, ON MLS® W9010604
Residential (Att/Row/Twnhouse)
- 4 Beds
- 3 Baths
- 1100-1500 sq-ft
Like What you see?
5 St Joseph St Bay Street Corridor, Toronto, ON MLS® C9195046
Condo (Comm Element Condo)
- 1 +1 Beds
- 2 Baths
- 600-699 sq-ft
Like What you see?
Unit-901, 15 Fort York Blvd Waterfront Communities C1, Toronto, ON MLS® C9195051
Condo (Condo Apartment)
- 1 +1 Beds
- 1 Baths
- 500-599 sq-ft
Unit-2102, 2230 Lake Shore Blvd Mimico, Toronto, ON MLS® W9052927
Condo (Condo Apartment)
- 2 Beds
- 1 Baths
- 700-799 sq-ft
Like What you see?
Unit-138, 120 Harrison Garden Blvd Willowdale East, Toronto, ON MLS® C8398972
Condo (Condo Apartment)
- 2 +1 Beds
- 2 Baths
- 900-999 sq-ft
Like What you see?
Unit-706, 835 St Clair Ave W Wychwood, Toronto, ON MLS® C9081509
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 800-899 sq-ft
Like What you see?
Unit-807, 717 Bay St Bay Street Corridor, Toronto, ON MLS® C8478800
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 1000-1199 sq-ft
Like What you see?
Unit-3804, 15 GRENVILLE St Bay Street Corridor, Toronto, ON MLS® C9050855
Condo (Condo Apartment)
- 2 Beds
- 2 Baths
- 800-899 sq-ft
Maximum 4 project can be compared at one go.
Property for Lease in Toronto Overview
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.
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Discover an array of houses for rent in Toronto on Square Yards Canada. Our comprehensive Toronto rental listings cater to different needs, offering properties such as freeholds, condos, and townhouses. If you want to filter out your research for a less time-consuming process, our page gives you the option to choose your preferences. You can filter by price range, property size, number of bedrooms and bathrooms, and amenities like gyms and visitor parking. Explore the latest rental MLS listings in Toronto to find your ideal rental house. Start your search today and uncover the best homes for rent in Toronto.
Top Neighbourhoods in Toronto with Properties for Lease
Unveil the diverse municipalities of Toronto, where each neighborhood boasts a distinct real estate personality. With over 14702+ Lease listings, discover your dream home in Toronto. Explore the unique character of each community, from Waterfront Communities C1, Church-Yonge Corridor, Bay Street Corridor, Annex, Islington-City Centre West, and beyond. Whether you seek modern luxury or friendly neighbourhoods, find your perfect fit with prices ranging from $101 to $699K.
| 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
Find your perfect property match in Toronto! From charming condo-apartments to expansive lands, we boast a wide variety of properties for Lease to suit every taste and budget. Whether you're a first-time buyer or a seasoned investor, Toronto offers an exciting selection of properties priced between $101 and $699K. Start your real estate journey in Toronto today!
| Property Type | Min Rent | Max Rent | Avg Listed Rent | Property Count |
|---|---|---|---|---|
| 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 |
| Multi Family Homes | $1K | $699K | $5K | 160 |
| Townhouse | $1K | $8K | $3K | 153 |
| Land | $225 | $300K | $20K | 58 |
Bedroom Types Available in Toronto for Lease
Dive into the diverse bedroom offerings in Toronto's real estate market. From intimate 1-bedroom escapes to grand estates boasting 5+ bedrooms, the possibilities are endless. Discover a variety of properties, including 1-bedroom, 2-bedroom, 3-bedroom, and beyond. Whether you're a budget-conscious buyer or seeking ultimate luxury, the price range stretching from $750 to $899K ensures a perfect fit for your financial goals.
| 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 14702+ 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 |
