Toronto is Canada’s second most unaffordable city for renting, but it’s not entirely impossible to live here on a budget. There are still plenty of cheap apartments in Toronto that don’t require living with roommates or in a barely-habitable unit with mysterious stains everywhere.
These are some of the cheapest apartments listed on Rentals.ca, to remind you that not all hope is lost when it comes to (relatively) affordable living in Toronto.
63 McFarland Avenue: $1,500/month
This newly-renovated basement unit is located in a duplex house off of St. Clair West. It includes private laundry and all new appliances including a dishwasher, washer, dryer, microwave, fridge, and stove. It also features central air and heat, quartz countertops, home automation, ceiling speakers, a central vacuum cleaner, video intercom, and security cameras.
177 St George St: $1850-$2150/month
You can find some of Toronto’s most affordable units in this pet-friendly, mid-rise building in the Annex, surrounded by attractions, transit, and popular shopping and dining spots. The units come with heat and water included, on-site laundry facilities, thorough cleaning of every suite before move-in, and a range of unit size options to choose from.
835 St Clair Avenue West: $1,850/month
This boutique building is located right on St. Clair West, with shops, dining, and transit just steps away. The unit features floor-to-ceiling windows, 9-foot ceilings, integrated stainless steel appliances, a BBQ gas line on the spacious balcony, and laundry inside the unit. The building’s amenities include a gym, pet washing station, and a rooftop lounge with wraparound views of the city.
36 Coolmine Rd: $1,875/month
This studio unit in the basement of a historic home in Little Portugal comes with laundry and kitchen appliances, as well as water, heat, and hydro included in the rent. It has a three-piece bathroom and is located near several parks, with a flexible move-in date.
The unit in this mid-rise tower is ideal in terms of location, with the bustling waterfront, vast trail networks, parks, transit, and downtown core attractions outside of your front door. The building’s amenities include underground resident and visitor parking, guest suites, multiple entertainment rooms, and a full fitness centre.