Toronto is an ideal place to live, a marvel to behold in the spring and summer, a city where you hear 30 different languages in a single walk and a culture built on the foundation of love and communion. Downtown Toronto apartments for rent are a popular residential destination for newcomers and citizens alike. The Big Smoke has something for everyone: unique dishes and cuisine, a dedicated sports culture, numerous entertainment options, and countless rental neighbourhoods in Toronto where even the locals are yet to venture. It’s no wonder that the city is consistently rated as one of the most liveable cities in the world. If you want to shift to Maple County with euphoric winters and a snowball fight, here are some of the rental neighbourhoods in Toronto
Offering Affordable Rental Neighbourhoods in Toronto
Toronto has developed expansively in the past years and at an impressive pace. It has become one of the most expensive cities to live in Canada. With an influx of immigrants, rental neighbourhoods in Toronto have also grown in the past years. As a city that is open and welcoming to diverse communities, religions and people of all ethnic backgrounds, Toronto is an attractive choice among real estate buyers. Following are some of the safest places for rent in Toronto.
-
Bayview Woods – Steeles
A perfect community for those who enjoy nature, walking trails and peaceful parks, Bayview Woods, is one of the safest places for rent in Toronto. The neighbourhood is not too far away from the bustling city, and public transit is readily accessible from the location. Close to various hospitals, pharmacies, parks and multiple entertainment options for the residents, the neighbourhood is a wise residential choice for those looking to rent a place in the locality.
With a crime rate lower than the Canadian average by about 52% and a liveability score of 77/100 that is considered exceptional, the neighbourhood is a brilliant choice for renting a home. A 12-minute drive away from Don Valley Parkway and easy access to Downtown Toronto at just a 24-minute drive to reach it, the area is conveniently accessible and close to various commute options.
Bayview Woods – Steeles Rental Houses: With a population of around 13,937 and a crime rate of 2,023 per 100k people, which is 52% lower than the national average, there are about 16 listings available in the neighbourhood. Condos to 3-bedroom studio apartments ranging from CAD $900 – $3,400.
-
Greektown
An expensive rental neighbourhoods in Toronto live in as compared to the Toronto average, Greektown is located along the Bloor-Danforth Subway line and is one of the best places to rent in Toronto. The area boasts a liveability score of 78/100 and offers various convenient transit options. This clean and safe community is linked with bakeries, cafes and restaurants, all within walking distance. As Toronto’s most vibrant and cosmopolitan neighbourhood, it is known to house the city’s best Greek restaurants that can tantalise anyone’s taste buds. Greektown also hosts ‘Taste of the Danforth’, Canada’s largest street festival every summer, attracting over 1.65 million visitors.
Greektown Rental Houses: With a population of around 7,741 and a crime rate of 2,553 per 100k people, which is about 40% lower than the national average, numerous listings are available in the market where the one-bedroom apartments range at an average of about $2,099.
-
Leaside
Like other real estate districts mentioned in the list, Leaside is one of Toronto’s most popular and high-profile neighbourhoods and is more expensive than other rental properties. Established by a farmer, the neighbourhood has touched elegance and elite class like few others. A typical Leaside house is Tudor-style and generally situated on a lot with private drives and garages. It is one of the safest places to rent in Toronto. The neighbourhood is near Vanderhoof Skatepark, Leaside Memorial Community Gardens and Sky Zone Trampoline Park. The neighbourhood lies very close to Don Valley Park (8-minute drive away), Ellington Station (10-minute away) and Downtown Toronto (20-minute away). Trace Manes Park is located south of the neighbourhood and is home to Leaside Tennis Club, making it an attractive residential option for fellow tennis enthusiasts. With abundant green space and parklands, it is also an ideal place to raise children.
Leaside Rental Houses: With a population of around 17,467 and a crime rate of 1,166 per 100k people, an impressive 72% lower than the national average, there are about 80+ listings available in the neighbourhood. Condos to 3-bedroom studio apartments are available in the region. For an idea of the area’s range, the one-bedroom studio apartments range at an average of about $1,750.
-
Bedford Park
What began as a farming hamlet, Bedford Park, is located around the crossroads of Yonge Street and Lawrence Avenue. This neighbourhood is one the best places to rent in Toronto and is tailored for families with children as it has an excellent selection of public, private and catholic schools. Bedford Park shines with a liveability score of 81, with crime rates 72% lower than the national average. Various parkettes, playgrounds and community centres add to the numerous amenities available in the neighbourhood.
Home to one of Canada’s best classic courses, Rosedale Golf Club, the locality has five floodlit tennis courts, a basketball court and a wading pool. The Woburn Parkette, west of Yonge Street, is a popular destination for neighbourhood parents with toddlers and preschoolers.
Bedford Park Rental Houses: The area has a population of around 15,267 and a crime rate of 1,166 per 100k people. Numerous choices for rental office space are available in the region at the moment. For an idea of the area’s range, the one-bedroom studio apartments average about $2,500.
-
High Park North
High Park North is a comparatively quiet community that forms the eastern boundary to Dundas West and the western boundary to Runnymede. A perfect fit for renters who enjoy a good jog around the community with a thriving family atmosphere, High Park North is one of Toronto’s greener neighbourhoods. A rich and varied community surrounded by oak trees, the quarters are most famous for having Toronto’s largest public park. Easy accessibility to the subway and various educational institutions housing around the region make it a hotspot for apartment rentals. The walkable local amenities from cafes, bakeries, restaurants and vintage shops
add up to creating an exceptional liveability score for the downtown Toronto apartments at 83/100 and a crime rate 39% lower than the national average. High Park North Rental Houses: The area has a population of around 26,494 and a crime rate of 2,566 per 100k people, about 39% lower than the national average. About 35 rental listings are available in the region, with options from office spaces and one-bedroom apartments to luxury 4+2 bed leases. The pricing of the listing ranges from around CAD $2,200 – $9,500
-
Bayview Village
Developed by Farlinger Development Limited, Bayview Village was hailed as contemporary living in the countryside. Nearly a quarter of the space in Bayview Village is green. Bayview Village began as a small rural family community in the city’s east end. The residents enjoy most of their shopping at Bayview Village Shopping Centre, which offers an intimate shopping centre anchored by a sizeable upscale supermarket and a department store. The community has been developing with infill housing and a high-rise condominium development, making it an attractive choice for buyers looking to rent. The community also lies near the downtown area with three public transit stops.
Bayview Village Rental Houses: The area has a population of around 25,646 and a crime rate of 2,639 per 100k people, about 38% lower than the national average. About 95 rental listings are currently available in the region, with options from office spaces and one-bedroom apartments to more significant 3+1 bedroom leases. The pricing of the listing ranges from around CAD $1,000 – $6,000
-
Pleasant View
The abundance of retail shopping centres and numerous transit options make Pleasant View one of the best places of rental neighbourhoods in Toronto. The neighbourhood comprises several high-rise apartments and condominium buildings like The Clippers. The neighbourhood offers some of the best schools in the locality and is an attractive residential society for families with kids.
Bounded by four major roadways, Finch Avenue, Sheppard Avenue, Victoria Park Avenue and Highway 404, the neighbourhood is home to the Pleasant View Community Centre and several other major parks like Clydesdale Park, Muirhead Park and Old Sheppard Park. With a livability score of 80/100, the community forms an attractive rental site for diverse residents.
Pleasant View Rental Houses: The area has a population of around 16,644 and a crime rate of 3,015 per 100k people, about 29% lower than the national average. About 20 rental listings are available in the region, with options from office spaces and one-bedroom apartments to larger 3-bedroom leases. The pricing of the listing ranges from around CAD $1,250 – $4,400
-
Agincourt North
Agincourt North has one of Toronto’s most prominent Asian communities, and this ethnic mix can be seen in the various shopping malls in the area. With another exceptional score of 85/100, filled with Asian shopping malls and plazas, particularly along Sheppard Avenue and McCowan Road, it makes an attractive residential neighbourhood for immigrants looking to rent. With unique seafood restaurants, herbal stores, vegetarian shops, banks and patisseries, the neighbourhood boasts all the necessary amenities within walking distance. The neighbourhood also has a large Chinese bookstore and a herbal food store. With affordable apartment rentals with the cost of living 8% lower than the Toronto Average, this Scarborough tree-lined community is the perfect fit for all.
Agincourt North Rental Houses: The area has a population of around 31,592 and a crime rate of 3,387 per 100k people, which is only about 20% lower than the national average. About 20 rental listings are available in the region, with options from office spaces and one-bedroom apartments to larger 4-bedroom leases. The pricing of the listing ranges from around CAD $964 – $3,600
-
Maple Leaf
A Toronto neighbourhood just west of Yorkdale that offers easy accessibility to Highway 400 and 401, Maple Leaf is one of the popular and rental neighbourhoods in Toronto. Residents in the community love a bike ride through Queens Greenbelt, the lush greenspace, nature, hikes and picnics the community offers. The Maple Leaf real estate consists primarily of single-family homes and lovely bungalows, many surrounding the area’s green space. The famous Rustic Bakery, popular for its red velvet cupcakes, is also located in the locality. With proximity to shopping centres like the Yorkdale Mall, the laid-back community is popular among seniors and families looking for a quieter lifestyle.
Maple Leaf Rental Houses: The area has a population of around 21,273 and a crime rate of 3,217 per 100k people, which is about 24% lower than the national average. Currently, around 15 rental listings are available in the region, with options from office spaces and 2-bedroom apartments to larger 5-bedroom leases. The pricing of the listing ranges from around CAD $1,500 – $7,500
-
Henry Farm
A fabulous residential neighbourhood in Toronto, south of Sheppard Avenue, Henry Fram is a small, family-oriented neighbourhood with a strong community spirit. For those searching for such a value-driven neighbourhood, Henry Farm is one of the best downtown Toronto apartments for rent, with an active community association and numerous recreational activities to partake in. The area also has a regular newsletter called the “Henry Farmer” and a calendar of special events for all residents. The residents can easily shop at Fairview Mall Shopping Centre, one of Toronto’s largest shopping centres. The shopping mall also includes well-known international chain stores, restaurants, fast food outlets and professional medical offices.
Henry Farm Rental Houses: The area has a population of around 22,100 and a crime rate of 3,688 per 100k people, which is only about 13% lower than the national average. Currently, around 15 rental listings are available in the region, with options from office spaces and 2-bedroom apartments to larger 3+1-bedroom leases. The pricing of the listing ranges from around CAD $1,980 – $3,600.
Conclusion
Toronto boasts several distinctive downtown Toronto apartment neighbourhoods that offer a diverse range of premium amenities and advantages. Ultimately, one must make an informed decision and opt for the locality that best aligns with their needs and desires.
You May Also Read :
| All About Different Types of Houses |
Different Types of Houses |
| Guide To Ottawa Housing Market | Ottawa Housing Market |
| Guide To Buying Vacation Property | Buying Vacation Property |
| Know About Best Places To Retire in Canada | Best Places To Retire in Canada |
| All About Best Places To Live in Durham Region | Best Places To Live in Durham Region |
Frequently Asked Question (FAQs)
The safest area to rent in Toronto is Forest Hill, followed by the York Mills neighbourhood.
Allenby and Weston are two of the cheapest areas to rent in Toronto. For more information, you can check out Square Yards’ website.
Bridle Path-Sunnybrook-York Mills is one of the most expensive rental neighbourhood in Toronto. You can also read about other most expensive areas around the city on our website.
On average, the minimum rent in Toronto ranges between $2,000- $2,500. Disclaimer: The prices may vary as per market demand and trends.
As Toronto is a fairly expensive city to live in, it is imperative to have a closer look at the cost of living in the city which can vary according to the region in question. We recommend taking a look at our website to get a detailed understanding. What is the safest area to rent in Toronto?
Which area is the cheapest to rent in Toronto?
What is the most expensive area to rent in Toronto?
What is the minimum rent in Toronto?
What is a good salary to live in Toronto?
