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Houses for Rent in Malvern Toronto Under $500K

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Are you looking for a house under $500k for rent in Malvern, Toronto? Well, your wait is over. Square Yards offers a wide range of affordable homes with unlimited amenities, such as a gym, game rooms, visitor parking spots and reserved party areas. You can easily filter through all the available Malvern, Toronto houses for rent under $500k on the Square Yards website. You can do this by selecting the appropriate filters for bed types, desired facilities, number of bathrooms, size range and the desired property age. Choose your dream home today with Square Yards Canada.

Last Updated: November 04, 2026

21 Photos

5131 Sheppard Avenue E, Toronto, ON , MLS #E14147096 , Image - 1

Unit-506, 5131 Sheppard Avenue E Malvern, Toronto, ON MLS® E14147096

Residential Condo & Other (Condo Apartment)

$2100.0

1 +1 Beds
1 Baths
600-699 sq-ft

Enjoy modern condo living in this bright and spacious one-bedroom plus den near Markham Road and Sheppard Avenue East. Featuring abundant natural ligh

14 Photos

200 Mclevin Avenue, Toronto, ON , MLS #E13541402 , Image - 1

Unit-112, 200 Mclevin Avenue Malvern, Toronto, ON MLS® E13541402

Residential Condo & Other (Condo Townhouse)

$2500.0

2 Beds
1 Baths
700-799 sq-ft

Welcome to 200 Mclevin Ave, Unit 112. Looking for A Great Place to Call Home? Then Your Search Is Over. Offers 2 Bedrooms and a Bathroom on a Main Flo

23 Photos

42 Pinery Trail, Toronto, ON , MLS #E14147260 , Image - 1

Unit-117, 42 Pinery Trail Malvern, Toronto, ON MLS® E14147260

Residential Condo & Other (Condo Apartment)

$1995.0

2 Beds
1 Baths
700-799 sq-ft

Townhouse With Private Entrance In A Quiet Child Safe Neighborhood. Newly Painted & Well Maintained. Convenient Location, Closest To Hwy401, Ttc, Univ

5 Photos

19 Rosebank Drive, Toronto, ON , MLS #E14146954 , Image - 1

Unit-1203, 19 Rosebank Drive Malvern, Toronto, ON MLS® E14146954

Residential Condo & Other (Condo Townhouse)

$3200.0

3 Beds
3 Baths
1400-1599 sq-ft

Welcome to This Bright & Spacious Townhouse Located in the Most Sought-After Location. Bell high-speed internet and basic cable TV are included. Enjoy

30 Photos

6 Rosebank Drive, Toronto, ON , MLS #E14118740 , Image - 1

Unit-9I, 6 Rosebank Drive Malvern, Toronto, ON MLS® E14118740

Residential Condo & Other (Condo Apartment)

$2200.0

1 +1 Beds
1 Baths
600-699 sq-ft

Bright, Spacious & Clean 698 Sq Ft One Bedroom + Den with Stunning South View Includes Parking !Welcome to this beautiful 698 sq ft one-bedroom + den

12 Photos

20 Orchid Place Drive, Toronto, ON , MLS #E14086590 , Image - 1

Unit-306, 20 Orchid Place Drive Malvern, Toronto, ON MLS® E14086590

Residential Condo & Other (Condo Apartment)

$2550.0

Reduced by 3.8%

2 Beds
2 Baths
800-899 sq-ft

Spacious 2 Bedroom & Full 2 Bathroom Unit. Approx. 900 Sqft. Open Concept Living/Dining RoomWith Walk Out To Large Balcony. Very Bright With Lots Of L

28 Photos

35 Priya Lane

Unit-3, 35 Priya Lane Malvern, Toronto, ON MLS® E13678596

Residential Condo & Other (Condo Townhouse)

$2350.0

1 Beds
2 Baths
1200-1399 sq-ft

1 Bed, 2 Baths, Rooftop Terrace and Underground Parking! Experience stylish and comfortable living in this thoughtfully designed 1 bedroom townhouse f

8 Photos

40 Greenhedges Court, Toronto, ON , MLS #E13810372 , Image - 1

40 Greenhedges Court Malvern, Toronto, ON MLS® E13810372

Residential Freehold (Semi-Detached )

$1495.0

Reduced by 11.8%

2 Beds
1 Baths
1500-2000 sq-ft

Location!! Location!! - Rare offering of this fine 5 level semi-detached back-split with separate entrance to finished lower level with kitchen, 4 pie

13 Photos

245 McLevin Avenue, Toronto, ON , MLS #E14109932 , Image - 1

Unit-13, 245 McLevin Avenue Malvern, Toronto, ON MLS® E14109932

Residential Condo & Other (Condo Townhouse)

$2400.0

3 Beds
1 Baths
900-999 sq-ft

Modern 3-Bedroom Stacked Townhouse featuring premium finishes and a bright open-concept layout. Spacious combined living and dining area with laminate

22 Photos

19 Coxworth Crescent, Toronto, ON , MLS #E14115050 , Image - 1

19 Coxworth Crescent Malvern, Toronto, ON MLS® E14115050

Residential Freehold (Semi-Detached )

$2350.0

Reduced by 4.1%

2 Beds
2 Baths
700-1100 sq-ft

Main Floor & Upper level. Lovely renovated two bedroom home located on a quiet street with local traffic only. Freshly painted. Includes the main floo

29 Photos

5155 Sheppard East Avenue, Toronto, ON , MLS #E14141002 , Image - 1

Unit-401, 5155 Sheppard East Avenue Malvern, Toronto, ON MLS® E14141002

Residential Condo & Other (Condo Apartment)

$1900.0

1 Baths
0-499 sq-ft

Welcome to comfortable urban living in this stylish studio condo, located in a vibrant master-planned community by Daniels Corporation! Thoughtfully d

17 Photos

10 Liben Way, Toronto, ON , MLS #E13874546 , Image - 1

Unit-18, 10 Liben Way Malvern, Toronto, ON MLS® E13874546

Residential Condo & Other (Condo Townhouse)

$2350.0

2 Beds
1 Baths
700-799 sq-ft

******Landlord pays all equipment rentals. Tenant only pays utilities and wifi.******This is NOT a half basement unit, it is on level 2,it is above gr

18 Photos

10 Liben Way, Toronto, ON , MLS #E13856148 , Image - 1

Unit-26, 10 Liben Way Malvern, Toronto, ON MLS® E13856148

Residential Condo & Other (Condo Townhouse)

$2350.0

2 Beds
1 Baths
700-799 sq-ft

***Immediately Occupancy****1 Parking****Move in Ready***Bright, Modern And Lovely! Welcome To This Beautiful Stacked Townhome Offering A Sun-Filled O

7 Photos

20 Orchid Place Drive, Toronto, ON , MLS #E14137348 , Image - 1

Unit-208, 20 Orchid Place Drive Malvern, Toronto, ON MLS® E14137348

Residential Condo & Other (Condo Apartment)

$2200.0

1 +1 Beds
1 Baths
600-699 sq-ft

Luxurious Spacious Unit With Modern Appliances And Finishes In A Newer Building By Daniels. Stainless Steel Appliances, Full Size Washer/Dryer. Comfo

13 Photos

8 Rosebank Drive, Toronto, ON , MLS #E14120296 , Image - 1

Unit-PHF, 8 Rosebank Drive Malvern, Toronto, ON MLS® E14120296

Residential Condo & Other (Condo Apartment)

$2275.0

Reduced by 3.2%

1 +1 Beds
1 Baths
700-799 sq-ft

:::Great Location:: Penthouse offering unobstructed view from the Balcony. TTC at your door step. HWY 401 is right there. Schools, Scarborough UFT Cam

31 Photos

20 Orchid Pl Drive, Toronto, ON , MLS #E14136242 , Image - 1

Unit-211, 20 Orchid Pl Drive Malvern, Toronto, ON MLS® E14136242

Residential Condo & Other (Condo Apartment)

$2200.0

2 Beds
1 Baths
600-699 sq-ft

Welcome to this beautiful and spacious 2-bedroom, 1-bathroom corner unit located in the highly sought-after Markham and Sheppard area. This bright and

19 Photos

3 Prosperity Pt Way, Toronto, ON , MLS #E13859382 , Image - 1

3 Prosperity Pt Way Malvern, Toronto, ON MLS® E13859382

Residential Condo & Other (Detached Condo)

$2700.0

Reduced by 10.0%

3 Beds
2 Baths
1200-1399 sq-ft

Beautifully Renovated Detached Condo in the Heart of Malvern. Welcome To This Beautifully Renovated Detached Condo Offering The Space, Privacy and Com

18 Photos

5155 Sheppard Avenue E, Toronto, ON , MLS #E14134820 , Image - 1

Unit-608, 5155 Sheppard Avenue E Malvern, Toronto, ON MLS® E14134820

Residential Condo & Other (Condo Apartment)

$1995.0

1 Beds
1 Baths
500-599 sq-ft

Location! Location! Location! Welcome To This Beautifully Designed 1-Bedroom, 1-Bathroom Residence In A Highly Convenient And Desirable Scarborough Lo

12 Photos

27 Valley Centre Drive, Toronto, ON , MLS #E14115276 , Image - 1

Unit-Bsmt, 27 Valley Centre Drive Malvern, Toronto, ON MLS® E14115276

Residential Freehold (Detached)

$1500.0

3 Beds
2 Baths
700-1100 sq-ft

Very Spacious basement featuring 3 bedrooms, a living area, and 2 washrooms, situated in a desirable, family-friendly neighborhood. Conveniently locat

8 Photos

165 Tapscott Road, Toronto, ON , MLS #E14128188 , Image - 1

Unit-08, 165 Tapscott Road Malvern, Toronto, ON MLS® E14128188

Residential Condo & Other (Condo Townhouse)

$2550.0

2 Beds
2 Baths
1200-1399 sq-ft

This Beautiful 2 BR And 2W Stacked Townhouse Is Now Available For lease. The Spacious Bedrooms Include Ample Closet Space and Large Windows. It Also F

7 Photos

60 Orchid Place Drive, Toronto, ON , MLS #E14130234 , Image - 1

Unit-16, 60 Orchid Place Drive Malvern, Toronto, ON MLS® E14130234

Residential Condo & Other (Condo Townhouse)

$1750.0

1 Beds
1 Baths
500-599 sq-ft

Bright and spacious stacked condo townhouse available for lease, featuring a functional layout, spacious bedroom, and private outdoor patio. Main-floo

40 Photos

47 Carisbrooke Square, Toronto, ON , MLS #E14130150 , Image - 1

Unit-Main & 2nd Flr, 47 Carisbrooke Square Malvern, Toronto, ON MLS® E14130150

Residential Freehold (Detached)

$3300.0

4 Beds
3 Baths
2000-2500 sq-ft

Location! Location! Must See! Very Larger 4 Bedroom Detached House For Rent In A High Demand Area With Larger Living & Dining Combined With Open Conce

1 Photos

31 Cheatham Place Malvern, Toronto, ON MLS® E14129838

Residential Freehold (Att/Row/Townhouse)

$2400.0

3 Beds
3 Baths
1100-1500 sq-ft

Spacious and Bright Townhouse Located near to Markham and Sheppard, Steps to TTC, Mall and School. 3 Spacious Bedroom, One full washroom and one 2Pc W

20 Photos

60 Orchid Place Drive, Toronto, ON , MLS #E13801560 , Image - 1

Unit-11, 60 Orchid Place Drive Malvern, Toronto, ON MLS® E13801560

Residential Condo & Other (Condo Townhouse)

$1900.0

Reduced by 5.0%

1 Beds
1 Baths
500-599 sq-ft

Bright and functional 1 bedroom unit located at Markham Rd & Sheppard Ave E. This sun filled unit features an open-concept living and dining area with

14 Photos

100 Wingarden Court, Toronto, ON , MLS #E14030400 , Image - 1

Unit-616, 100 Wingarden Court Malvern, Toronto, ON MLS® E14030400

Residential Condo & Other (Condo Apartment)

$2500.0

Reduced by 3.8%

2 Beds
2 Baths
1000-1199 sq-ft

Absolutely Stunning Corner Unit Condo for Lease in the Desirable Malvern Community ofScarborough! This Beautiful Unit Features 2 Bedrooms, 2 Bathrooms

15 Photos

145 Tapscott Road, Toronto, ON , MLS #E14119992 , Image - 1

Unit-27, 145 Tapscott Road Malvern, Toronto, ON MLS® E14119992

Residential Condo & Other (Condo Townhouse)

$2500.0

2 Beds
2 Baths
1200-1399 sq-ft

Welcome to beautiful 145 Tapscott Rd rental opportunity! This well-maintained property offers a comfortable and functional living space, ideal for tho

15 Photos

70 Orchid Place Drive, Toronto, ON , MLS #E13882180 , Image - 1

Unit-15, 70 Orchid Place Drive Malvern, Toronto, ON MLS® E13882180

Residential Condo & Other (Condo Townhouse)

$2950.0

Reduced by 1.7%

3 Beds
3 Baths
1000-1199 sq-ft

6-Year Newer Townhouse. Corner Unit Like A Semi. Lots Of Natural Lights. Bright And Spacious. 3 Bedrooms, 3 Full Bathrooms, 2 Walk-Out Balconies, 1 Pa

33 Photos

42 Pinery Trail, Toronto, ON , MLS #E14082900 , Image - 1

Unit-93, 42 Pinery Trail Malvern, Toronto, ON MLS® E14082900

Residential Condo & Other (Condo Townhouse)

$2600.0

Reduced by 3.7%

2 Beds
2 Baths
1000-1199 sq-ft

Welcome To The Woodside Village In The Malvern Community Of North East Scarborough. This Fabulous 2 Bed, 2 Bath Condo Townhome Is Located Near Fantast

9 Photos

200 Mclevin Avenue, Toronto, ON , MLS #E13695650 , Image - 1

Unit-12, 200 Mclevin Avenue Malvern, Toronto, ON MLS® E13695650

Residential Condo & Other (Condo Townhouse)

$2000.0

Reduced by 9.1%

2 Beds
1 Baths
700-799 sq-ft

Excellent Location! quiet friendly neighborhood! This cozy unit features living area, a well-appointed kitchen. Close To, Parks, Schools, Mall, U Of T

21 Photos

56 Overlord Crescent, Toronto, ON , MLS #E13822828 , Image - 1

Unit-Upper, 56 Overlord Crescent Malvern, Toronto, ON MLS® E13822828

Residential Freehold (Detached)

$2900.0

Reduced by 9.4%

3 Beds
2 Baths
1500-2000 sq-ft

Welcome to 56 Overlord Crescent, a beautifully designed home in a good neighborhood. This residence features a modern kitchen, beautiful fireplace and

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