Apartments for rent Toronto, ON
If you are considering a move to Toronto you are sure to discover many outstanding houses, condos and apartments for rent throughout this exciting city. The capital of Ontario is the heart and soul of Canada’s business sector and is the nation’s most populous area. This city is known and celebrated for its diversity and inclusive attitude and considered among the most forward-thinking and progressive cities in the world.
From hosting Pride events to economic summits, world leaders, celebrities, tourists and everyday residents align to make Toronto the metropolitan powerhouse it is to so many. People from all over the world are attracted to this economically and culturally advanced city, many choosing to relocate here and find permanent residents by using our trusted online finder and guides to accelerate their rental property search.
Cost of living
If you’re considering a move to Toronto, it is best to make sure you have plenty of space in your budget. Rental properties can be very costly and everyday items are also known to be pricier than in other comparable cities in North America. Downtown houses, condos townhouses and apartments for rent are especially expensive because of their proximity to office towers, restaurants, universities and clubs.
Apartment Rental Statistics Toronto, ON
|Studio Apartments for Rent||17||$1,350||$1,845||$1,486|
|1 Bedroom Apartments for Rent||43||$1,200||$2,495||$1,703|
|2 Bedroom Apartments for Rent||33||$1,740||$3,995||$2,135|
|3 Bedroom Apartments for Rent||14||$2,025||$3,755||$2,575|
Renting tips & advice
When considering a move to a new rental property, whether it is a room for rent, luxury condo, house rental or apartment for rent, it is a good idea to keep the following rental tips in mind when searching thoroughly through property rental listings.
Set And Keep To Your Budget
Toronto prices for rent can be expensive enough, living in this city can make things even more difficult if you overextend your finances by renting something you simply cannot afford. There are so many great areas to choose from and a world class transit system that makes getting around town an absolute breeze. Do your research and find places that are within your budget and will allow you to get out, explore the city and experience what makes living here so amazing!
Ask The Landlord Plenty Of Relevant Questions
Apartment owners and landlords want to know they are considering a good prospective tenant when speaking with you. Help them make an informed rental decision by showing them you understand the tenant-landlord relationship and want yours to be a strong and positive one. Asking questions such as; is a long-term lease available? Are additional parking spaces available? Do they accept rent payment via credit card? And other questions of that nature will show that you’re at the decision stage and ready to move forward and move in!
If You Like It, Rent It
While there is an abundant supply of good quality rental units, there are literally tens of thousands of prospective tenants looking to move into the city every month. When you see something for rent that matches your wish list and is within your budget, contact the landlord immediately. Any hesitation and it could be the difference between you renting the property or someone else ultimately living in what was supposed to be your new home. Be prepared to invest time searching for the right rental unit for you. If you would like to search for your next home by location, use the ApartmentLove.com Search By Map tool to make your search a little easier.
More Information About Toronto, Ontario
Located along the sandy shores of Lake Ontario and anchored by iconic structures like the CN Tower, once the world’s largest freestanding structure, and SkyDome (renamed to Rogers Center), the city has one of the most recognizable skylines in the world. Surrounded with towering office buildings that reach into the sky as well as bright, light-filled condominium and apartment buildings that are flush with modern finishes and countless features and amenities, living and working in here is becoming equal parts necessity and functionality. For the sports fan, the city has the single largest lineup of professional sports teams of any Canadian city. From the storied Maple Leafs of the NHL to the Argonauts of the CFL and the Raptors of the NBA to the Blue Jays of the MLB; there is always a game to watch and reason to cheer.
There are many excellent universities and colleges as well. From York University and the University of Toronto to Ryerson University, OCAD University and the University of Guelph-Humber; this city is clearly full of smart, educated and energized students. With so many students, it is to be expected that rental properties are a hot commodity. Fortunately, developers and real estate investors have been pouring money into the city for many years and have added tens upon thousands of units to the city’s supply. From 1 bedroom’s in the heart of the financial district to larger 2 and 3 bedroom apartments in the west village, there are more than enough places to rent.