Top 10 Apartment Deals in Toronto

Although it’s currently the most expensive city in Canada to rent, finding an apartment in Toronto doesn’t have to be a headache. The median rental price of a one-bedroom will run you around $2,080 and a two-bedroom around $2,800. Seem pricey? Don’t worry, we’ve picked these 10 one-and two-bedroom spots that are below their respective median prices. Check out these apartments and homes for rent in Toronto; one of them could be your new place.

The Montgomery

With one-bedroom floor plans from under $2,000, the Montgomery offers an affordable space without sacrificing convenience. This one-bedroom is in the heart of the Yong-Elington neighbourhood, which means ample restaurants, bars, and entertainment venues. Plus, the apartment complex features a pool, fitness center, residents lounge, and garaged parking. The apartment itself boasts in-unit laundry and floor to ceiling bay windows, perfect for viewing the city skyline below.

Vinci Community

Save big on this one-bedroom apartment in the North York District of Clanton Park. Here, you’ll be conveniently close to public transportation, with the Wilson Subway Station steps away, and have easy access to Highway 401. This apartment gets lots of natural light, features stainless steel appliances, and the option to choose a unit with a balcony. And all this for under $2,000.

301 Front Street

Live in the center of everything at this Front Street apartment building. You’ll be across the street from the Toronto Convention Centre, steps away from Rogers Centre (home of the Toronto Blue Jays), and a short jaunt away from the waterfront. That’s just the beginning of all the entertainment right at your fingertips in this centrally-located apartment. Enjoy in-unit laundry, a roof deck, hardwood floors, and an on-site fitness center. What more could you ask for in an apartment?

1171 Queen St.

Got pets? This might be the perfect place for you. Not only is this one-bedroom pet-friendly, it’s within walking distance to many green spaces, including Trinity Bellwoods Park. The apartment features floor-to-ceiling windows, a balcony, in-unit laundry, and a dishwasher. Plus, ample public transportation options, theaters, and renowned restaurants await just outside your doorstep.

2 Bonnycastle St.

This bright and airy one-bedroom is easy to love. It’s located on the waterfront, is within easy walking distance to St. Lawrence Market, and right next door to all that Old Toronto has to offer. The unit features hardwood floors and central heat and air, and the complex has a rooftop infinity pool and fitness room. The unit’s modern interior and brand new, stainless-steel appliances will have you feeling like you’re living in luxury.

VIA 123

Located just off Highway 404, this Henry Farm two-bedroom has massive, floor-to-ceiling windows and an open concept kitchen. The complex features an on-site fitness center, residents lounge, and garaged parking. Take a stroll down Sheppard Ave. E and grab food, drinks, or enjoy some retail therapy. These luxurious apartments are also well below the median price of a two-bedroom in Toronto, so you won’t have to break the bank.

Galleria

Get out of the hustle and bustle of the city and into this cozy two-bedroom apartment in North York. Even though you’re outside the city centre, this apartment is just steps away from the Finch Subway Station, restaurants and shops along Yonge Street, and lots of green spaces. Hop on the subway and head to the shops at North Yong Marketplace, or grab your bike and ride through the bike paths at nearby Maxome Park and Bishop Allotment Gardens.

Widdicombe Place

This family-friendly neighbourhood has everything you need to feel right at home. The amenities alone will make you hard-pressed to want to leave the complex. You’ll have access to an indoor pool, sauna, hot tub, and tennis courts. The unit itself features up-to-date, modern appliances, hardwood floors, and air conditioning. Schools and parks surround this apartment, and conveniences like grocery stores, banks, and coffee shops can be found on Eglinton Ave. W.

Bayview Mews

Situated in a quiet section of the North York neighbourhood, this Bayview Mews two-bedroom still offers easy access to public transportation and ample amenities. The complex features a heated, outdoor pool, sun deck, lounge and game room, and an on-site fitness center. The Bayview Village Shopping Center is just across the street, so you won’t have to go far to get what you need.  

57 Bertmount Avenue

You’ll definitely want to check out this Leslieville gem and apply quickly before it’s off the market. This two-story home features a backyard, hardwood floors, in-unit laundry, and air conditioning. The location of this place might just be the best part. It’s located on a quiet, tree-lined street just off of Queen St. E., where you can find just about everything from trendy restaurants, local coffee shops, and plenty of funky bars.

Ready to live in one of these spots? Find the best Toronto apartments for rent and get your application ready so you can take advantage of these sweet deals.

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