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, some costing as little as $1,110 per month.
53 Annette Street – $1,110/month
This newly-renovated basement apartment is just a short walk from High Park and Bloor West Village. Above-ground windows give the place natural light, plus the unit comes with access to the shared backyard. The apartment also features stainless steel kitchen appliances and a three-piece bath.
21 Braemar Avenue – $1,195/month
This large one-bedroom basement apartment is conveniently located near Yonge and Eglinton. It comes with a parking spot as well as a shared washer and dryer, which are two of the most coveted amenities for any Toronto tenant.
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730 St Clarens Avenue – $1,225+
This building in Wallace-Emerson has several rental units that range in price from $1,225 to $1,250 per month. Each apartment is a studio with water and heating included in the rent, with hardwood flooring, many upgraded appliances, and city views.
99 Broadway Avenue – $1,240/month
This bright bachelor unit is located in a brand new building in the Yonge and Eglinton area. The property is described as a “rental replacement unit,” meaning that it is subject to rent control and affordable and mid-range rates, according to the listing.
The convenient location, as well as the brand-new look and feel, likely mean that this place is in high demand, so applications are required before viewing.
869 Avenue Road – $1,249+
This small low-rise building has several rental units available, including studios for $1,249 per month. It’s located in Forest Hill South near Avenue Road and Chaplin Crescent.
This apartment features indoor parking and central laundry facilities, as well as elegant hardwood and tile floors, generous closet spaces, fully updated kitchen and bathroom appliances and appointments, brand-new thermal windows, and a new elevator.
