The heart of it all

Toronto Downtown Skyline Skyscraper Condos Rental Rentals Apartments
Toronto Downtown Skyscraper Business Sunrise Reflection Rentals

Canada’s largest and most diverse city, Toronto has a little bit of everything. Live here and at your doorstep – metaphorically speaking – you will find beaches, museums, small-town feeling neighbourhoods, cultural communities and so much more! The best thing about Toronto is that it gives you exactly what you want. The worst thing is that you can be overwhelmed with all that choice! Not sure what is right for you? Try something you never have before, like an improv class. Then see what sticks and what new friends you meet in the big city!

Housing Market

Housing in Toronto has so many options that it can be overwhelming. Fight this by targeting a few neighbourhoods that you like and where the rent fits your budget. Just make sure you’re being realistic about the base price for the city. Toronto is one of Canada’s most expensive markets, so you may have to get through a touch of sticker shock before you accept the rental prices here! Also, remember that housing is competitive. Not only do you have to be ready to view places quickly, you often also have to make a snap decision about whether to take them or not. Wait too long and they may be gone!

Typical housing type:

You want it, Toronto’s got it!

Fairmont Royal York Hotel Downtown Apartments Rental Rentals

Average Rent Prices in Toronto

Avg. rent by housing size:

Bach/studio: $1,468

1-bedroom: $1,809

2-bedroom: $2,300

3-bedroom: $2,535

Avg. rent compared to other Canadian cities:

Toronto is 15% higher than the Canadian average

Apartment Hunting in Toronto

Searching for an apartment in Toronto? Be prepared to do some tours. Places here can have great listings on rental websites, but that doesn’t mean that when you visit your favourite place, that it will look the same. Think of it like Tinder: Just because there’s a fancy photo doesn’t mean it matches the person you are meeting on your date. That said, with some solid hunting, you can find studio, 1-bedroom, 2-bedroom, and 3-bedroom units in houses, apartments and condos for rent. Plus, you can still find apartment buildings that are all-inclusive (and some will even throw in parking if you negotiate). Just don’t go in expecting cheap rentals, they don’t exist here anymore unless you are willing to share a place or you have a hook-up for a basement apartment being rented out privately by the homeowners.

Side note:

For families with kids, the downtown core can be a bit of a challenge, school-wise. With fewer and fewer children in area, many schools are being shut down. If you are concerned about having a number of options, you may want to look at bit further afield in the city.

Downtown Toronto City Hall Nathan Phillips Square Apartment Rental Rentals

Residents

Toronto is full of singles and couples, with families and seniors being less common. The city is the most diverse in the world – and that is reflected in the number of cultural hub neighbourhoods that have arisen. There is also a vibrant, active LGBTQ community. Having diversity is one thing, but supporting it is another. Thankfully, Toronto does provide that support. This is not to say that no hate ever happens, but it is not the norm – nor does it go unchallenged.

Perfect for: Ambitious city-lovers.

Not-so-perfect for: Those who crave a slower pace of life.

Toronto Downtown Business Building Buildings Rental Colors Photography

Life & Style

Toronto is very much what you make it. In fact, the city is more like several cities that have been rolled into one (which, historically, is what happened). Much of life in Toronto revolves around work. Locals of “The 6ix” tend to be passionate about what they do – or their side hustle – and they have a dream place they are working to end up. Because of that, it can feel like everyone is always in a rush or has their guard up. In reality, it just takes a bit of time to get to know folks in Toronto. If you are new in town, take some time to meet new people and attend new activities. Soon you will find Toronto as warm and friendly as any small town – if not more so.

Toronto Sign Downtown Attraction Tourism

Neighbourhood

Toronto has solid transit, including subway lines, buses and streetcars. There are also several major highways, including the 401. There are a number of gorgeous natural spaces, with some highlights being Allan Gardens and High Park. Don’t forget to check out the Harbourfront area and the beach. You’ll never be short of things to do, from going to the ROM to trying your skill in an escape room to catching a show at one of the city’s many theatres. You can find several malls, as well as big box stores. Grocery stores are in every neighbourhood; but, at least once, head to Maple Leaf Gardens to find old centre ice. Also try to get around to various neighbourhoods to try the foods on offer in the city’s many restaurants.

Toronto Blue Jays Air Canada Centre Scotiabank Arena Downtown Game Baseball

Landmarks:

CN Tower

Kensington Market

Distillery District

Yonge Street

The Danforth

Chinatown

Eaton’s Centre

Yorkville

Old City Hall

Royal Ontario Museum

Bata Shoe Museum

Aga Khan

The ROM Royal Ontario Museum Downtown Toronto Tourism Attraction

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