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Finding the right condo to rent in Toronto is about more than choosing a beautiful building. Location, monthly rent, public transit, amenities, parking, and access to work all play an important role.

Toronto offers a wide range of rental condos, from luxury waterfront apartments to modern buildings near subway stations. Whether you are a young professional, a family, a student, or someone relocating to the GTA, choosing the right neighbourhood can make your rental experience more comfortable and convenient.

This guide explores popular Toronto neighbourhoods and five condo buildings in each area to consider when searching for a rental home.

Table of Contents

  1. Downtown Toronto

  2. Central Toronto

  3. West Toronto

  4. Midtown Toronto

  5. North York

  6. East Toronto

  7. Scarborough

  8. Tips for Renting a Condo

  9. Frequently Asked Questions

1. Etobicoke

Real Estate in Humber Bay Shores, ON - Condo Digs

25 Viking Ln — Nuvo At Essex II Condos for Sale & Rent

1222 - 1185 The Queensway Ave, Etobicoke | Suspended, W5521481 | Property.ca

Etobicoke is a popular choice for renters who want convenient access to Toronto while enjoying a more suburban lifestyle. The area offers waterfront parks, shopping centres, public transit, and easy access to major highways.

Condos to consider in Etobicoke

Neighbourhood

Condo buildings

Humber Bay Shores

Eau du Soleil, Vita on the Lake, Beyond the Sea, Waterscapes, The Palace Pier

Mimico

Grand Harbour, Marina del Rey, The Tides at Mystic Pointe, California Condos, Empire Phoenix

Long Branch

Aquaview, Lakeshore Park Estates, Watermark Long Branch, The Wave, Waterford Terrace

The Queensway

Verge, Reina Condos, Queensway Park Condos, Loggia, IQ Condos

Islington Village

Islington Terrace, The Kip District, Port Royal Place II, Evolution Condos, Triumph at Valhalla

Why rent in Etobicoke?

  • Waterfront living with access to parks and trails.

  • Convenient access to the Gardiner Expressway and Highway 427.

  • GO Transit and TTC connections for commuting.

  • A mix of luxury towers and more affordable rental options.

Humber Bay Shores is particularly appealing to renters who enjoy lake views, walking trails, and outdoor recreation.

2. Downtown Toronto

Toronto Condo Neighbourhoods. | Where to Buy your NEXT Toronto Condo - The Armstrong Team |Best Toronto Real Estate Agents

Toronto Property Developments | New Builds | Property Developments

Minto Westside Condos - Toronto Apartment Rentals | uhomes.com

Downtown Toronto is ideal for people who want to live close to offices, restaurants, entertainment, and public transportation. Many residents can walk to work or rely on the TTC instead of driving.

Condos to consider downtown

Neighbourhood

Condo buildings

CityPlace

Concord Canada House, Harbour View Estates, Parade, Matrix, Montage

Harbourfront

WaterClub, The Riviera, Number One York Quay, Harbourside, King’s Landing

Fort York

Library District, Malibu, The Yards at Fort York, Garrison at Fort York, Tip Top Lofts

Liberty Village

Liberty Place, King West Condominiums, Toy Factory Lofts, Battery Park, Liberty Towers

King West

DNA3, Minto King West, Citysphere, DNA1, Fashion House

Entertainment District

Festival Tower, Theatre Park, Charlie, M5V Condos, Picasso

South Core

Maple Leaf Square, ICE Condominiums, Harbour Plaza Residences, Ten York, Infinity Condos

Why rent downtown?

Downtown offers convenient access to Toronto’s business district, universities, hospitals, restaurants, and entertainment venues.

Renters can choose from studios, one-bedroom apartments, and larger two-bedroom units. Many buildings also offer fitness centres, concierge services, pools, and party rooms.

However, renters should compare maintenance of common areas, noise levels, parking costs, and building policies before signing a lease.

3. Central Toronto

1080 Bay St & 1082-1086 Bay St & 1074-1078 Bay St & 57-75 St Mary St — U Condominium, Bay Street Corridor, Toronto

50 Yorkville Avenue - Four Seasons Residences Toronto For Sale / Rent - Elizabeth Goulart, BROKER

Bianca Condos - West of Spadina, in the Annex - Now Sold Out | Tridel

Central Toronto offers a combination of upscale residential buildings, cultural attractions, shopping, and excellent transit connections.

Condos to consider in Central Toronto

Neighbourhood

Condo buildings

Bay Street Corridor

Residences of College Park, Wellesley on the Park, Burano, Murano, 1001 Bay

Yorkville

1 Yorkville, 8 Cumberland, 18 Yorkville, No. 10 Bellair, Four Seasons Private Residences

Church-Yonge Corridor

One Bloor, 55C, Casa, Uptown Residences, Residences of 8 Park Road

The Annex

One Bedford, Mosaic, Exhibit Residences, The Prince Arthur, Bianca

Queen West

SQ2 at Alexandra Park, WaterWorks, The Harlowe, Queen & Portland, 543 Richmond

Who should consider Central Toronto?

This area may suit professionals, students, and renters who value walkability and access to subway stations.

Yorkville is known for luxury shopping and upscale residences, while the Bay Street Corridor provides convenient access to offices and educational institutions.

Renters should consider their budget carefully, as some buildings offer premium amenities and higher monthly rents.

4. West Toronto

1102 - 70 High Park Ave, Toronto | Leased, W5264856 | Condos.ca

DUKE Condos | BDP

120 Varna Dr — The Yorkdale Condos for Sale & Rent

West Toronto offers a mix of residential communities, green spaces, established neighbourhoods, and newer condominium developments.

Condos to consider in West Toronto

Neighbourhood

Condo buildings

High Park-Swansea

Mirabella Condos, Windermere by the Lake, HighPark Condominiums, The Address at High Park, The Southport

Roncesvalles

383 Sorauren, Howard Park Residences, Robert Watson Lofts, High Park Lofts, The Abbey Lofts

Junction

Fuse Condos, Heintzman Place, Junction House, Stockyards District Residences, DUKE Condos

Yorkdale

The Yorkdale Condos, Treviso Condos, Residenze Palazzo at Treviso 3, The Dylan, Yorkdale Court

Downsview

WestLine Condos, Metropolis, Parkside at Metroplace, M1 and M2 Condos, Avro Condominiums

Benefits of renting in West Toronto

  • Access to parks, walking trails, and recreational facilities.

  • Neighbourhood shopping and restaurants.

  • TTC and GO Transit connections in selected communities.

  • Options ranging from lofts to modern condominium towers.

High Park and Roncesvalles are worth exploring for renters who want access to green space and established neighbourhood amenities.

5. Midtown Toronto

2809 - 5 Soudan Ave, Toronto | Leased, C5598742 | Condos.ca

1815 Yonge St, Toronto ON | MrLOFT.ca

Leaside Common | UrbanToronto

Midtown Toronto provides a balance between downtown convenience and residential neighbourhood living. The Yonge-Eglinton area is especially popular with renters who rely on public transit.

Condos to consider in Midtown

Neighbourhood

Condo buildings

Yonge-Eglinton

E Condos, Citylights on Broadway, Minto Midtown, 101 Erskine, The Republic

Mount Pleasant

MYC, J. Davis House, Life Condos, The Domain, The Rio

Deer Park

Imperial Plaza, The St. Clair, The Clairmont, 5 Rosehill, One Balmoral

Forest Hill

Village Terraces, Village Park, Village Gate, Courtyards of Upper Forest Hill, Albany Court

Leaside

Upper East Village, Scenic on Eglinton, The Upper House, Jockey Club, Leaside Park

Lawrence Park

3018 Yonge, The Lawrence Park Condominiums, Residences of Wanless Park, Residences of Muir Park, The Winslow

Midtown can be suitable for professionals and families looking for access to schools, shopping, parks, and transit.

Before renting, check the distance to the nearest subway or LRT station and confirm the expected commute to work.

6. North York

Move Smartly Toronto Area Real Estate Market Report: June 2024

Yonge and Sheppard Condos For Sale | Condos.ca

29 SINGER COURT – SUITE 503 - Prompton Real Estate Services Corp., Brokerage

North York offers a variety of condominium options, shopping centres, parks, and subway connections. It is a popular location for renters who want access to downtown Toronto without living in the downtown core.

Condos to consider in North York

Neighbourhood

Condo buildings

Willowdale

Hullmark Centre, Emerald Park, Pearl Place, Minto Gardens, Manhattan Place

North York Centre

Gibson Square, Empress Walk, Beacon Condos, The Diamond, The Majestic

Yonge-Sheppard

Pulse, Grande Triomphe, The Palm, Chicago Residences, Dynasty Tower

Bayview Village

ARC, NY Towers – The Waldorf, Rockefeller on Bayview, Bayview Manor, The Village Residences

Don Mills

Seasons Condominiums, Omega on the Park, Tango 2, Tango Condos, Discovery 2

Don Mills-Crosstown

Rodeo Drive Condos, Flaire Condos, Reflections Residences, One Crosstown, Concorde Park I

Why choose North York?

North York has shopping, restaurants, community centres, and access to major employment areas.

Renters working along the Yonge subway line may find the area convenient. Those commuting by car should also consider access to Highway 401 and the Don Valley Parkway.

7. East Toronto

15 Baseball Pl & 25 Baseball Pl & 667 Queen St E & 30 Baseball Pl — Riverside Square Condos, Leslieville | South Riverdale, Toronto

35 Boardwalk Dr — The Boardwalk Condos for Sale & Rent

210 - 280 Donlands Ave, East York | Sold, E4710608 | Condos.ca

East Toronto combines established residential communities with newer condominium developments. Many neighbourhoods offer local restaurants, parks, and access to the waterfront.

Condos to consider in East Toronto

Neighbourhood

Condo buildings

Leslieville

The Carlaw, Riverside Square, Wonder Condos, The Logan Residences, Showcase Lofts

The Beaches

The Boardwalk, The Beach Condominiums V, North Beach, Bellefair Kew Beach Residences, Two Hundred Condos

East York

Minto Skyy, Helliwell Place, Platform Condos, The East Yorker, Linx Condos

Birch Cliff

Kingston & Co., Residences at the Hunt Club, Upper Beach Club, Merge Condos, Haven on the Bluffs

Leslieville may appeal to renters who enjoy local cafes, restaurants, and a neighbourhood atmosphere.

The Beaches is worth considering for those who value waterfront access and outdoor activities. Renters should review transit connections and commute times for their specific workplace.

8. Scarborough

2510 - 60 Town Centre Crt, Scarborough | Leased, E5309648 | Condos.ca

275 Village Green Sq — Avani 2 at Metrogate Condos for Sale & Rent

20 Guildwood Pkwy | Gates of Guildwood Condos | 4 Condos for Sale | Condos.ca

Scarborough offers condominium rental options across several communities, including areas near shopping centres, transit routes, and parks.

Condos to consider in Scarborough

Neighbourhood

Condo buildings

Scarborough City Centre

Centro, Equinox I, 360 at the City Centre, Forest Mansion I, Encore at Equinox

Agincourt

KSquare Condos, Avani 2 at Metrogate, Solaris II at Metrogate, Ventus at Metrogate, 4091–4101 Sheppard Avenue East

Tam O’Shanter

Wish Condos, JOY Condos, Legends at Tam O’Shanter, The Greens at Tam O’Shanter, Skygarden

Dorset Park

2150 Condos, Mondeo Springs, Scarborough Fair, Dorset Towers, The Birches

Guildwood

Gates of Guildwood II, Prominence Point, Guildwood Terrace, The Village at Guildwood, Guildwood Condominiums

Benefits of renting in Scarborough

Scarborough may be worth exploring for renters comparing housing costs across Toronto.

The area offers access to shopping, parks, educational institutions, and various public transit routes. However, transit access differs significantly between buildings, so confirm the nearest station or bus route before making a decision.

9. Tips for Renting a Condo in Toronto

Finding a condo that fits your budget and lifestyle requires more than comparing advertised rental prices.

Set a realistic rental budget

Consider the monthly rent alongside utilities, internet, tenant insurance, parking, and other expenses. Ask the landlord which utilities are included in the lease.

Check the location and commute

Review the distance to subway stations, bus stops, GO Transit, and major highways. Test your commute during peak hours where possible.

Compare building amenities

Amenities such as a gym, pool, concierge, party room, and visitor parking can make a difference in everyday living.

Check whether amenities are included in the rent or require additional fees.

Review the lease carefully

Understand the lease term, rent payment schedule, deposit requirements, maintenance responsibilities, and any applicable building rules.

Ontario’s residential tenancy rules apply to most standard condo rentals. Review the lease and applicable provincial requirements before signing.

Inspect the unit and building

Check the condition of appliances, windows, plumbing, heating, and cooling. Ask about parking, storage lockers, move-in procedures, and any known maintenance issues.

10. Frequently Asked Questions

 

1. What is the average cost of renting a condo in Toronto in 2026?

According to the Toronto Regional Real Estate Board’s Q2 2026 rental market figures, the average rent for a one-bedroom condominium apartment in the City of Toronto was $2,316 per month. The average for a two-bedroom was $3,154. Actual rents vary by building, location, size, and amenities.

2. Which Toronto neighbourhoods have lower condo rents?

Some areas in Scarborough, including east Scarborough, Birch Cliff, and Cliffside, have recorded lower average one-bedroom condominium rents than downtown districts. Renters should compare current listings and transportation costs before deciding where to live.

3. Is Etobicoke a good place to rent a condo?

Etobicoke offers waterfront communities, shopping, parks, and access to major highways. Areas such as Humber Bay Shores, Mimico, and The Queensway provide different housing options and commuting arrangements.

4. Which Toronto neighbourhoods are convenient for commuting?

Downtown Toronto, Yonge-Eglinton, North York Centre, and selected Etobicoke communities offer access to major transit routes. The most convenient location depends on your workplace and the nearest transit station.

5. Are utilities included in Toronto condo rent?

Utilities are not always included. Some landlords include water or heating, while tenants may need to pay separately for electricity, internet, or other services. Confirm all included costs in the lease.

6. What should I check before renting a condo?

Review the monthly rent, lease terms, building amenities, maintenance condition, parking arrangements, and transit access. Confirm the landlord’s requirements and inspect the unit before signing an agreement.

7. Can I rent a condo in Toronto without a parking space?

Yes. Many Toronto condos are available without parking. This may suit renters who use public transit or do not own a vehicle. If you need parking, confirm whether a space is included or available separately.

8. How do I find available condos for rent in Toronto?

Search current rental listings, compare buildings in your preferred neighbourhood, and arrange viewings. A local real estate professional can help identify available units based on your budget, move-in date, and preferred location.

Final Thoughts

Toronto offers a wide variety of condo rental options, from downtown high-rise buildings to quieter communities in Etobicoke, North York, and Scarborough.

The right choice depends on your budget, commute, lifestyle, and preferred amenities. Compare individual units and building conditions rather than relying only on neighbourhood averages.

Disclaimer: This article is for general educational purposes only. Rental prices and availability change frequently. Verify current listings, lease terms, and applicable regulations before making a rental decision.