Here are the cheapest rentals available in Toronto right now (PHOTOS)
With Toronto now officially the most expensive city in Canada, finding affordable housing has become increasingly difficult.
In fact, rental rates in the GTA recently saw their biggest monthly increase in more than three years.
According Data according to Bullpen Research & Consulting and Rentals.ca, the average one-bedroom rent in Toronto is now $2,133 per month, while the average two-bedroom unit costs over $3,000 per month.
But, if you’re willing to make some sacrifices when it comes to roommates or location, you can still find an affordable apartment in the city. Here are five of the cheapest rentals currently available in Toronto, courtesy of Zoocasa.
408 – 45 Carlton Street | $1,100
Right at Home Realty
- Room
- A bathroom (shared)
- 1,200 to 1,399 square feet
- PARKING FORBIDDEN
Steps from College Station, this unit offers a private bedroom, but the common areas and bathroom are shared with two male tenants. Building facilities include a sauna, gym and indoor swimming pool.
817 – 2550 Lawrence Ave East | $1,400

Royal LePage Connect Realty
- One bedroom (primary)
- A bathroom
- 0 – 499 square feet
- PARKING FORBIDDEN
The master bedroom and bathroom are for rent in this two-bedroom, two-bathroom unit. The kitchen and living room are shared. Utilities and WiFi are included in the rent, and there is an attached laundry room.
b4 – 31 Clearview Heights | $1,500

Harvey Kalles Real Estate
- Studio
- A bathroom
- 0 – 499 square feet
- Parking available
This newly remodeled North York studio apartment features a modern kitchen and is located close to shopping, public transport and other amenities. Parking is available for $50 per month and laundry facilities are on site.
717 – 210 Victoria Street | $1,800

Sotheby’s International Realty Canada
- Studio
- A bathroom
- 0 – 499 square feet
- PARKING FORBIDDEN
Located in the Pantages Tower and Hotel, this studio is within walking distance of the Eaton Center and Yonge-Dundas Square. There is an attached laundry room and all utilities are included in the rent.
107 – 21 Avenue of Olives | $1,800

Century 21 Atria Realty
- Studio
- A bathroom
- 0 – 499 square feet
- PARKING FORBIDDEN
Located on the first floor of a townhouse, this North York unit features a private patio, adjoining laundry room and storage locker. Tenants will have access to all the amenities of the Mona Lisa Tower, including a putting green, swimming pools, and rooftop terrace.
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