Skip to main content
Sell Your Home
Shortlisted Properties
  • New Homes
  • For Sale
  • For Rent
Danger! Indicates a dangerous or potentially negative action.
Error

Maximum 4 project can be compared at one go.

Houses for Rent in Toronto, ON

Showing results 1 - 30 of 723

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.


Last Updated: December 19, 2025
  • New Listings
  • Price(Lo-Hi)
  • Price(Hi-Lo)
  • Bedrooms(Hi-Lo)
  • Bathrooms(Hi-Lo)
  • Square Feet(Lo-Hi)
  • Square Feet(Hi-Lo)
19 Photos
Last Updated : 5 Hours ago
107 Seminole Avenue, Toronto, ON , MLS #E12644288 , Image - 1
Image With Blur overlay

Like What you see?

Unit-Main, 107 Seminole Avenue Bendale, Toronto, ON MLS® E12644288

Residential Freehold (Detached)

$2700.0
  • 3 Beds
  • 1 Baths
  • 1100-1500 sq-ft
Location!! Location!! A Great location In High Demand Area, Fully Renovated Very Large 3 Bedroom House For Rent With The Open Concept Living & Dining
14 Photos
Last Updated : 8 Hours ago
33 Wild Rose Gardens, Toronto, ON , MLS #W12632256 , Image - 1

Like What you see?

Unit-B, 33 Wild Rose Gardens Rustic, Toronto, ON MLS® W12632256

Residential Freehold (Semi-Detached )

$2499.0
  • 2 Beds
  • 2 Baths
  • 700-1100 sq-ft
Excellent Location, Semi-Detached With 2 Bed & 2 Washroom & Backing To Ravine. Close To All Amenities. Loads Of Natural Light, Including Big Window Wi
26 Photos
Last Updated : 10 Hours ago
310 Tweedsmuir Avenue, Toronto, ON , MLS #C12643906 , Image - 1

Like What you see?

Unit-311, 310 Tweedsmuir Avenue Forest Hill South, Toronto, ON MLS® C12643906

Residential Condo & Other (Other)

$2889.0
  • 1 +1 Beds
  • 1 Baths
  • 700-799 sq-ft
The Heathview Is Morguard's Award Winning Community Where Daily Life Unfolds W/Remarkable Style In One Of Toronto's Most Esteemed Neighbourhoods Fores
25 Photos
Last Updated : 10 Hours ago
310 Tweedsmuir Avenue, Toronto, ON , MLS #C12643904 , Image - 1

Like What you see?

Unit-301, 310 Tweedsmuir Avenue Forest Hill South, Toronto, ON MLS® C12643904

Residential Condo & Other (Other)

$2239.0
  • 0 +1 Beds
  • 1 Baths
  • 500-599 sq-ft
The Heathview Is Morguard's Award Winning Community Where Daily Life Unfolds W/Remarkable Style In One Of Toronto's Most Esteemed Neighbourhoods Fores
12 Photos
Last Updated : 11 Hours ago
154 Mulock Avenue, Toronto, ON , MLS #W12643400 , Image - 1

Like What you see?

Unit-Unit B, 154 Mulock Avenue Junction Area, Toronto, ON MLS® W12643400

Residential Freehold (Semi-Detached )

$2295.0
  • 2 Beds
  • 1 Baths
  • < 700 sq-ft
Stunning 2 Bed Unit In Prime Junction Location! Smart, Space-Savvy Floorplan On Main & Lower Level With Private Side Yard! Sleek Renovated Kitchen W/
11 Photos
Last Updated : 12 Hours ago
15 Jenny Wren Way, Toronto, ON , MLS #C12424854 , Image - 1

Like What you see?

15 Jenny Wren Way Hillcrest Village, Toronto, ON MLS® C12424854

Residential Condo & Other (Condo Townhouse)

$3750.0
  • 3 Beds
  • 3 Baths
  • 1600-1799 sq-ft
Recently renovated townhome with top quality finishes, hardwood floor & pot lights thru out. New bathrooms, modern family size kitchen w/stainless st
26 Photos
Last Updated : 12 Hours ago
15 Mercer Street, Toronto, ON , MLS #C12643464 , Image - 1

Like What you see?

Unit-1003, 15 Mercer Street Waterfront Communities C1, Toronto, ON MLS® C12643464

Residential Condo & Other (Condo Apartment)

$3100.0
  • 2 Beds
  • 2 Baths
  • 600-699 sq-ft
Fully Furnished 2 Bedroom, 2 Full Bath Suite at the Prestigious Nobu Residences. Laminate Floors Throughout with Floor to Ceiling Windows. Upgraded Li
30 Photos
Last Updated : 14 Hours ago
515 Kingbird Grove, Toronto, ON , MLS #E12421961 , Image - 1

Like What you see?

Unit-303, 515 Kingbird Grove Rouge E11, Toronto, ON MLS® E12421961

Residential Condo & Other (Condo Apartment)

$2850.0
price drop iconReduced by 5.0%
  • 3 Beds
  • 3 Baths
  • 1200-1399 sq-ft
Spectacular 2-Floor Townhome at the Rouge Valley Kingbird Grove! This 1,257 sq ft residence offers the perfect blend of style, space, and comfort. Fea
36 Photos
Last Updated : 15 Hours ago
270 Wellington Street W, Toronto, ON , MLS #C12316379 , Image - 1

Like What you see?

Unit-409, 270 Wellington Street W Waterfront Communities C1, Toronto, ON MLS® C12316379

Residential Condo & Other (Condo Apartment)

$3995.0
  • 2 Beds
  • 1 Baths
  • 700-799 sq-ft
Luxury Living in the Heart of Toronto! 2 Bedroom 3 - 12 month Short Term Furnished luxury condominium The Icon modern elegance meets convenience Amazi
12 Photos
Last Updated : 15 Hours ago
28 Kingslake Road, Toronto, ON , MLS #C12219672 , Image - 1

Like What you see?

Unit-Lower, 28 Kingslake Road Don Valley Village, Toronto, ON MLS® C12219672

Residential Freehold (Detached)

$1600.0
price drop iconReduced by 11.1%
  • 2 Beds
  • 1 Baths
  • 1100-1500 sq-ft
MUST SEE 2 Bedroom Basement Apartment Located In The Picturesque Don Valley Village Neighbourhood! Featuring A Private Entrance, Separate Laundry Room
40 Photos
Last Updated : 15 Hours ago
250 Wellington Street W, Toronto, ON , MLS #C11990481 , Image - 1

Like What you see?

250 Wellington Street W
Unit-436, 250 Wellington Street W Waterfront Communities C1, Toronto, ON MLS® C11990481

Residential Condo & Other (Condo Apartment)

$3700.0
  • 1 +1 Beds
  • 1 Baths
  • 700-799 sq-ft
FURNISHED 740 sqft 1 + 1 Luxury Condo redefines urban living accommodations 3 to 12 months Short Term Luxury Suite with Skyrise Living exquisite and p
5 Photos
Last Updated : 15 Hours ago
50 Town Centre Court, Toronto, ON , MLS #E12554166 , Image - 1
Unit-2605, 50 Town Centre Court Bendale, Toronto, ON MLS® E12554166

Residential Condo & Other (Condo Apartment)

$1850.0
price drop iconReduced by 5.1%
  • 1 Baths
  • 0-499 sq-ft
Welcome to This Beautiful Studio, Features Floor-To-Ceiling Windows, Modern Kitchen W/ Granite Counter. Laminate Flooring Throughout! Prime location n
40 Photos
Last Updated : 15 Hours ago
20 Blue Jays Way, Toronto, ON , MLS #C11990482 , Image - 1

Like What you see?

20 Blue Jays Way
Unit-517, 20 Blue Jays Way Waterfront Communities C1, Toronto, ON MLS® C11990482

Residential Condo & Other (Condo Apartment)

$5200.0
  • 3 Beds
  • 2 Baths
  • 900-999 sq-ft
ONE OF A KIND 3 Bedroom Condo with 1 King Bed and 2 Queen Beds *over 1,000 Sf of Living Space with 26' Terrace > Breathtaking South View Cn Tower & R
40 Photos
Last Updated : 15 Hours ago
20 Blue Jays Way, Toronto, ON , MLS #C11990483 , Image - 1

Like What you see?

20 Blue Jays Way
Unit-1017, 20 Blue Jays Way Waterfront Communities C1, Toronto, ON MLS® C11990483

Residential Condo & Other (Condo Apartment)

$5200.0
  • 3 Beds
  • 2 Baths
  • 900-999 sq-ft
UNQUE DIFFICULT TO FIND Furnished 3 bedroom Suite * Discover the epitome of upscale comfort in our stunning luxury suite, available for 3 to 12 month
40 Photos
Last Updated : 15 Hours ago
20 Blue Jays Way, Toronto, ON , MLS #C11990485 , Image - 1

Like What you see?

20 Blue Jays Way
Unit-1509, 20 Blue Jays Way Waterfront Communities C1, Toronto, ON MLS® C11990485

Residential Condo & Other (Condo Apartment)

$3400.0
  • 1 Beds
  • 1 Baths
  • 600-699 sq-ft
HUGE FURNISHED LUXURY 620 sq Ft Living Space w/Balcony CN Tower View > 3 - 12 Months Short Term Furnished Rental * Corporate Contract Staff Profession
40 Photos
Last Updated : 15 Hours ago
20 Blue Jays Way, Toronto, ON , MLS #C11990488 , Image - 1

Like What you see?

20 Blue Jays Way
Unit-1109, 20 Blue Jays Way Waterfront Communities C1, Toronto, ON MLS® C11990488

Residential Condo & Other (Condo Apartment)

$3400.0
  • 1 Beds
  • 1 Baths
  • 600-699 sq-ft
HUGE FURNISHED LUXURY * 620 sq Ft Living Space w/Balcony CN Tower View > 3 - 12 Months Short Term Rental * Corporate Contract Staff Professionals, Ath
40 Photos
Last Updated : 15 Hours ago
20 Blue Jays Way, Toronto, ON , MLS #C11990486 , Image - 1

Like What you see?

20 Blue Jays Way
Unit-909, 20 Blue Jays Way Waterfront Communities C1, Toronto, ON MLS® C11990486

Residential Condo & Other (Condo Apartment)

$3400.0
  • 1 Beds
  • 1 Baths
  • 600-699 sq-ft
HUGE FURNISHED LUXURY * 620 sq Ft Living Space w/Balcony CN Tower View > 3 - 12 Months Short Term Rental * Corporate Contract Staff Professionals, At
43 Photos
Last Updated : 15 Hours ago
664 Spadina Avenue, Toronto, ON , MLS #C12642884 , Image - 1

Like What you see?

Unit-313, 664 Spadina Avenue University, Toronto, ON MLS® C12642884

Residential Condo & Other (Condo Apartment)

$3795.0
  • 2 Beds
  • 2 Baths
  • 900-999 sq-ft
****ONE MONTH FREE FOR ONE YEAR LEASE or 2 MONTHS FREE FOR 18 MONTHS LEASE **** Spacious 1 Bedroom Apartment. Be the first to live in this brand-new,
26 Photos
Last Updated : 16 Hours ago
664 Spadina Avenue, Toronto, ON , MLS #C12642640 , Image - 1

Like What you see?

Unit-1002, 664 Spadina Avenue University, Toronto, ON MLS® C12642640

Residential Condo & Other (Condo Apartment)

$3095.0
  • 1 Beds
  • 1 Baths
  • 600-699 sq-ft
****ONE MONTH FREE FOR ONE YEAR LEASE or 2 MONTHS FREE FOR 18 MONTHS LEASE **** Spacious 1 Bedroom Apartment. Be the first to live in this brand-new,
27 Photos
Last Updated : 16 Hours ago
2525 Bathurst Street, Toronto, ON , MLS #C12642636 , Image - 1

Like What you see?

Unit-909, 2525 Bathurst Street Forest Hill North, Toronto, ON MLS® C12642636

Residential Condo & Other (Condo Apartment)

$4995.0
  • 2 Beds
  • 2 Baths
  • 1000-1199 sq-ft
****ONE MONTH FREE FOR ONE YEAR LEASE********TWO MONTHS FREE FOR 18 MONTHS LEASE****Spacious 2 Bedroom apartment with 1200sqft private patio Experienc
21 Photos
Last Updated : 16 Hours ago
2525 Bathurst Street, Toronto, ON , MLS #C12642596 , Image - 1

Like What you see?

Unit-306, 2525 Bathurst Street Forest Hill North, Toronto, ON MLS® C12642596

Residential Condo & Other (Condo Apartment)

$3995.0
  • 2 Beds
  • 1 Baths
  • 1000-1199 sq-ft
****ONE MONTH FREE FOR ONE YEAR LEASE****or****TWO MONTHS FREE FOR 18 MONTHS LEASE****Spacious 2 Bedroom apartment Experience high-end living at its b
16 Photos
Last Updated : 18 Hours ago
5 Everson Drive, Toronto, ON , MLS #C12568862 , Image - 1

Like What you see?

Unit-703, 5 Everson Drive Willowdale East, Toronto, ON MLS® C12568862

Residential Condo & Other (Condo Townhouse)

$2350.0
price drop iconReduced by 2.1%
  • 2 +1 Beds
  • 1 Baths
  • 600-699 sq-ft
All Utilities Included, Lovely Townhome In A Quiet Location. Steps To Yonge/Sheppard Station. Close To Shops, Restaurants, Supermarkets, Parks And 2 S
1 Photos
Last Updated : 18 Hours ago
50 Town Centre Court, Toronto, ON
Unit-1210, 50 Town Centre Court Bendale, Toronto, ON MLS® E12642382

Residential Condo & Other (Condo Apartment)

$2950.0
  • 2 +1 Beds
  • 2 Baths
  • 900-999 sq-ft
MOVE IN ASAP! This 2 Bedroom/2 Bathroom + DEN condo suite offers over 950 sq ft of living space. Laminate flooring in Kitchen/Living/Dining, L-Shape K
23 Photos
Last Updated : 1 Day ago
17 bathurst Street, Toronto, ON , MLS #C12637650 , Image - 1

Like What you see?

Unit-615, 17 bathurst Street Waterfront Communities C1, Toronto, ON MLS® C12637650

Residential Condo & Other (Condo Apartment)

$3400.0
  • 3 Beds
  • 2 Baths
  • 900-999 sq-ft
Experience luxury living in one of downtown Toronto's most prestigious buildings. This sun-filled, elegant 3-bedroom suite features floor-to-ceiling w
35 Photos
Last Updated : 1 Day ago
8 Olympic Garden Drive, Toronto, ON , MLS #C12632784 , Image - 1

Like What you see?

Unit-1603, 8 Olympic Garden Drive Newtonbrook East, Toronto, ON MLS® C12632784

Residential Condo & Other (Condo Apartment)

$2550.0
  • 1 Beds
  • 1 Baths
  • 0-499 sq-ft
***Offered Fully Furnished with Modern, High-End Pieces from Article, West Elm, and Muji - Move-In Ready with a Clean, Contemporary Aesthetic.***Short
8 Photos
Last Updated : 1 Day ago
672-676 Sheppard Avenue W, Toronto, ON , MLS #C12641748 , Image - 1

Like What you see?

Unit-4L, 672-676 Sheppard Avenue W Bathurst Manor, Toronto, ON MLS® C12641748

Residential Freehold (Triplex)

$1450.0
  • 1 Baths
  • < 700 sq-ft
Cozy bachelor apartment with all the utilities (electricity, heat & water ) and Wifi included in the monthly rent. Conveniently located at Bathurst an
24 Photos
Last Updated : 1 Day ago
142 Pears Avenue, Toronto, ON , MLS #C12641610 , Image - 1

Like What you see?

Unit-A5, 142 Pears Avenue Annex, Toronto, ON MLS® C12641610

Residential Condo & Other (Condo Townhouse)

$6200.0
  • 2 +1 Beds
  • 2 Baths
  • 1600-1799 sq-ft
Step into this immaculately renovated 2+1 bedroom, 2-bath executive townhome, perfectly situated just steps from Yorkville's premier shops, restaurant
20 Photos
Last Updated : 1 Day ago
1152 Gerrard Street E, Toronto, ON , MLS #E12641606 , Image - 1

Like What you see?

Unit-209, 1152 Gerrard Street E South Riverdale, Toronto, ON MLS® E12641606

Residential Freehold (Multiplex)

$1965.0
  • 1 Beds
  • 1 Baths
  • < 700 sq-ft
Beautiful one-bedroom located on the main floor of a boutique building. Features an open-concept kitchen and living area with full-sized appliances, i
6 Photos
Last Updated : 1 Day ago
50 Dunfield Avenue, Toronto, ON , MLS #C12608016 , Image - 1

Like What you see?

Unit-315, 50 Dunfield Avenue Mount Pleasant East, Toronto, ON MLS® C12608016

Residential Condo & Other (Condo Apartment)

$2100.0
price drop iconReduced by 8.7%
  • 1 +1 Beds
  • 2 Baths
  • 500-599 sq-ft
Stunning Premium Location & Premium Amenities and Finishes! A MUST SEE. Enjoy Life in The Heart of T.O. With Everything at Your Fingertips. Transit, D
9 Photos
Last Updated : 1 Day ago
9 Bogert Avenue, Toronto, ON , MLS #C12640742 , Image - 1

Like What you see?

Unit-1509, 9 Bogert Avenue Lansing-Westgate, Toronto, ON MLS® C12640742

Residential Condo & Other (Condo Apartment)

$2650.0
  • 1 +1 Beds
  • 2 Baths
  • 600-699 sq-ft
Students Welcome. Bright & Spacious 1 Bedroom + Den With 2 Full Bathrooms & Balcony. Den Has Doors And Can Be 2nd Bedroom. Rare Split Bedroom & Den La
Shortlisted Properties
error icon
Error

Maximum 4 project can be compared at one go.

Property for Lease in Toronto Overview

Toronto Real Estate for Rent

As of November 2024, Toronto's rental market exhibits a dynamic landscape characterised by increased supply and moderated rental prices. In the third quarter of 2024, the Toronto Regional Real Estate Board (TRREB) reported 18,540 condominium apartment rentals, marking a 29.2% increase compared to the same period in 2023. Concurrently, condo rental listings surged by 46.6%, providing renters more options and contributing to a dip in average rents. This influx of rental inventory has led to a decline in average rental prices. The average rental one-bedroom condo apartment decreased by 5% year-over-year to $2,499, while two-bedroom units saw a 5.6% reduction, averaging $3,216. Similarly, the median rent for all property types in Toronto is $2,650, reflecting a $230 decrease from the previous year. 

 

The surge in rental supply is partly attributed to strong population growth in the Greater Toronto Area (GTA), with many newcomers initially opting to rent. This demographic trend has bolstered rental transactions, yet the substantial increase in listings has shifted the market dynamics, granting renters greater negotiating power and improving affordability.

 

The rental market will continue to evolve. With interest rates decreasing, more renters may transition into homeownership, potentially increasing rental inventory further and influencing market conditions in the coming months.

 

Rental Price Trends By Property Size in Toronto

As of November 2024, Toronto's rental market exhibits varied pricing based on property size. The average rent for a studio apartment is approximately $1,627 per month, with an average size of 421 sq. ft. One-bedroom apartments average $2,080 monthly, encompassing about 635 sq. ft. Two-bedroom units command around $2,550 per month, offering 876 sq. ft. of living space. Larger three-bedroom apartments have an average rent of $2,903, with an average size of 1,110 sq. ft. These figures indicate that rental prices increase with the number of bedrooms and overall square footage, reflecting the higher demand and value associated with larger living spaces in Toronto's housing market.

 

Beyond size, location within Toronto also influences pricing, with downtown areas commanding higher rent than suburban neighbourhoods. Additionally, the quality of the building, proximity to transit, and availability of features like in-suite laundry or modern finishes significantly impact rental rates, making the market diverse and competitive for renters of all preferences and needs.

 

Top Rental Communities 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 community 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 communities in terms of total rental prices:

NeighbourhoodsAverage Rental Price (CAD)
High Park-SwanseaCAD 3,205
MimicoCAD 2,994
South ParkdaleCAD 2,192
Cabbagetown-South St. James TownCAD 2,025
Humewood CedarvaleCAD 2,300
North St. James TownCAD 2,289
Yonge-EglintonCAD 2,593
Church-Yonge CorridorCAD 2,695
Mount Pleasant WestCAD 2,760
Islington-City Centre WestCAD 2,866

 

Rental Price Trends By Property Type in Toronto

As of November 2024, Toronto's rental market exhibits distinct pricing trends across various property types. Apartments, the most prevalent rental option, have an average monthly rent of approximately $2,495. Condominiums often offer enhanced amenities, and modern features command a higher average rent of around $2,600 per month. Houses, providing more extensive living spaces and privacy, are the most expensive, with average rents reaching about $3,450 monthly. These figures reflect the diverse housing options available in Toronto, catering to a wide range of preferences and budgets.

 

Property Type

Rental Price Range 

Commercial Properties

CAD 1,500 - CAD 80,000

Offices 

CAD 1000 - CAD 3,500

Detached Houses

CAD 2000 - CAD 60,000

Single Family Homes

CAD 900 - CAD 60,000

Land for Rent

CAD 7,000 - CAD 300,000

Multi-family Homes

CAD 2,000 - CAD 10,000

Duplex 

CAD 1,000 - CAD 10,000

Condos 

CAD 1,800 - CAD 50,000

Townhouses

CAD 900 - CAD 26,000

 

Rental Price History in Toronto

Over the past few decades, Toronto's rental market has experienced significant fluctuations influenced by economic conditions, population growth, and housing supply dynamics. In the early 1990s, the average rent for a one-bedroom apartment was approximately $559 per month. By the early 2000s, this figure had risen to around $830, reflecting a steady increase in demand for rental housing. 

 

The period from 2010 to 2020 saw more pronounced growth. In 2010, the average rent for a one-bedroom unit was about $949 per month, which rose significantly to $1,421 by 2020.

 

However, the COVID-19 pandemic in 2020 introduced unprecedented challenges, leading to a temporary softening of the rental market. Factors such as reduced immigration, increased remote work, and a shift in housing preferences contributed to a decline in rental demand, causing average rents to decrease during this period.

 

The post-pandemic recovery has been marked by a resurgence in rental demand, driven by factors such as the return of international students, the reopening of businesses, and renewed immigration. As of November 2024, the average rent for a one-bedroom apartment in Toronto is approximately $2,323 monthly, while two-bedroom units average around $3,020.

 

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 condos 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

Toronto's rental market is characterised by a diverse demographic profile influenced by immigration, income levels, and housing affordability. The Greater Toronto Area (GTA) has experienced significant population growth, primarily driven by immigration. Many newcomers initially opt for rental housing, contributing to the increasing demand in the rental market.

 

Toronto has a higher rate of low-income households than the rest of Canada. In 2020, the median annual after-tax income in Toronto was higher than in 2015; however, this increase has not kept pace with the rising cost of living and inflation. Almost a third of all households are struggling with housing affordability challenges, spending over 30% of their income on housing costs. Renter households are more likely to face housing affordability challenges than owner-occupied households.  

 

Despite an increase in overall rental unit supply, demand continues to outpace supply, leading to competitive rental conditions across major markets, including Toronto. As of 2023, Canada is experiencing record-low vacancy rates (1.5%) and record-high average rent growth (8.0%).

...

Frequently Asked Questions (FAQs)

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.

The monthly rent in Toronto ranges from $1,800 to over $3,500, depending on the location, property type, and size.

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.

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

In Toronto, monthly rents range from CAD $1,500 for a studio apartment to over $5,000 for larger units or luxury accommodations. Factors such as location, property type, and amenities significantly influence these prices.

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.

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.

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

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

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

Top articles on Real Estate in Canada

More on Canada Real Estate

Related to your search
Tell us a Little about yourself!