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M5T Houses for Lease Under 500 Thousand

Showing results 1 - 30 of 352

Square Yards has made it extremely easy to find luxurious and spacious houses for rent in m5t under $500k in Ontario. From condos to large bungalows, here is a wide selection of property options that can be easily filtered by their bedroom size, number of beds and bathrooms, location, and property age. Each listing includes details about the various amenities of the rental unit, including a gym, swimming pool or garden decks and the type of property, such as condos, townhouses, duplexes and much more. Easily find m5t houses for rent under $500k in a completely stress-free manner.

Last Updated: May 08, 2025

7 Photos

89 Oxford Street, Toronto, ON , MLS #C11906655 , Image - 1

89 Oxford Street Kensington-Chinatown, Toronto, ON MLS® C11906655

Residential Freehold (Detached)

$1,280

Reduced by 11.7%

1 Beds
1 Baths
< 700 sq-ft

One large room in the 1st floor or 2nd floor, a lovely living room with ensuite bathroom and separate with bedroom, large window has a lot of nature l

11 Photos

297 College Street, Toronto, ON , MLS #C12132371 , Image - 1

Unit-1509, 297 College Street Kensington-Chinatown, Toronto, ON MLS® C12132371

Residential Condo & Other (Condo Apartment)

$3,500

2 Beds
2 Baths
700-799 sq-ft

Excellently Located In The Hearts Of Downtown Toronto! Enjoy stunning views from every window in this 2-bed, 2-bath suite, featuring a large balcony t

16 Photos

6 Littlehayes Lane, Toronto, ON , MLS #C12132017 , Image - 1

Unit-Main, 6 Littlehayes Lane Kensington-Chinatown, Toronto, ON MLS® C12132017

Residential Freehold (Detached)

$2,000

1 Beds
1 Baths
< 700 sq-ft

Check Out This All-Inclusive 2-Level Loft Space In The Heart of Vibrant Kensington Market. The Main Floor Loft Space Is Open Concept And Can Be Used A

17 Photos

181 Huron Street, Toronto, ON , MLS #C12118926 , Image - 1

Unit-1602, 181 Huron Street Kensington-Chinatown, Toronto, ON MLS® C12118926

Residential Condo & Other (Condo Apartment)

$3,900

1 +1 Beds
1 Baths
500-599 sq-ft

BRAND NEW Luxurious South Unobstructed CN Towner View 1+1 or can be used as 2B. Located In The Heart Of Downtown Toronto, Right Across from U of T Boo

8 Photos

203 College Street, Toronto, ON , MLS #C12131550 , Image - 1

Unit-703, 203 College Street Kensington-Chinatown, Toronto, ON MLS® C12131550

Residential Condo & Other (Condo Apartment)

$2,800

1 +1 Beds
1 Baths
500-599 sq-ft

Prime Downtown Location | Bright Unit with Versatile Layout & Premium Amenities Situated in the vibrant core of U of T's St. George Campus, this excep

5 Photos

203 College Street, Toronto, ON , MLS #C12131515 , Image - 1

Unit-1207, 203 College Street Kensington-Chinatown, Toronto, ON MLS® C12131515

Residential Condo & Other (Condo Apartment)

$2,970

1 +1 Beds
1 Baths
500-599 sq-ft

Imagine Being Able to See Your College Classroom from Your Bedroom!Come and see this furnished apartment in the building closest to the University of

18 Photos

181 Huron Street, Toronto, ON , MLS #C12128426 , Image - 1

Unit-UPH4, 181 Huron Street Kensington-Chinatown, Toronto, ON MLS® C12128426

Residential Condo & Other (Condo Apartment)

$2,200

0 +1 Beds
1 Baths
0-499 sq-ft

Check Out This Stylish Penthouse at Design Haus! Bright and modern studio featuring 9-ft ceilings, an open-concept layout, and upscale finishes throug

13 Photos

169 John Street, Toronto, ON , MLS #C12131355 , Image - 1

Unit-803, 169 John Street Kensington-Chinatown, Toronto, ON MLS® C12131355

Residential Condo & Other (Condo Apartment)

$2,300

1 Beds
1 Baths
500-599 sq-ft

Welcome to The One Six Nine Condos an intimate boutique residence nestled in the heart of downtown between University and Spadina. This stylish unit o

2 Photos

121 St Patrick Street, Toronto, ON , MLS #C12131209 , Image - 1

Unit-712, 121 St Patrick Street Kensington-Chinatown, Toronto, ON MLS® C12131209

Residential Condo & Other (Condo Apartment)

$3,500

2 Beds
2 Baths
900-999 sq-ft

Artists' Alley, 2 Bedroom w/ One-Of-A-Kind 1020sf Terrace - Perfect for entertaining! Residents enjoy exclusive amenities, including a spectacular out

10 Photos

50 Mccaul Street, Toronto, ON , MLS #C12130427 , Image - 1

Unit-1016, 50 Mccaul Street Kensington-Chinatown, Toronto, ON MLS® C12130427

Residential Condo & Other (Condo Apartment)

$2,500

1 +1 Beds
2 Baths
0-499 sq-ft

**AVAILABLE IMMEDIATELY*** This luxury 1 Bedroom+Den and 2 Bathroom condo suite offers 694 square feet of open living space. Located on the 10 floor,

13 Photos

210 Simcoe Street, Toronto, ON , MLS #C12130085 , Image - 1

Unit-1605, 210 Simcoe Street Kensington-Chinatown, Toronto, ON MLS® C12130085

Residential Condo & Other (Condo Apartment)

$2,700

1 +1 Beds
1 Baths
700-799 sq-ft

Bright & Spacious Luxury 1+Den Condo with Balcony in Prime Downtown TorontoStep into stylish urban living with this bright and generously sized 1-bedr

15 Photos

96 St Patrick Street, Toronto, ON , MLS #C12129801 , Image - 1

Unit-1703, 96 St Patrick Street Kensington-Chinatown, Toronto, ON MLS® C12129801

Residential Condo & Other (Condo Apartment)

$2,150

1 Baths
0-499 sq-ft

Rare End Unit at 9T6 Condos! Discover boutique urban living in this sun-filled corner suite at the coveted 9T6 Condos, a low-rise, low-volume building

1 Photos

Unit-3rd Floor, 91 Oxford Street Kensington-Chinatown, Toronto, ON MLS® C11970359

Commercial (Office)

Price On Request

1 Photos

401 Spadina Avenue Kensington-Chinatown, Toronto, ON MLS® C12097213

Commercial (Commercial Retail)

$10,000

2 Baths

Tremendous bi-level retail space in the heart of Chinatown; adjacent to 65,000 U of T students and across from the legendary Kensington Market; 1,400

12 Photos

50 McCaul Street, Toronto, ON , MLS #C12129268 , Image - 1

Unit-406, 50 McCaul Street Kensington-Chinatown, Toronto, ON MLS® C12129268

Residential Condo & Other (Condo Apartment)

$1,300

1 +1 Beds
2 Baths
600-699 sq-ft

13 Photos

130 Denison Avenue, Toronto, ON , MLS #C12073503 , Image - 1

Unit-Main, 130 Denison Avenue Kensington-Chinatown, Toronto, ON MLS® C12073503

Residential Freehold (Semi-Detached )

$2,990

Reduced by 6.6%

3 Beds
2 Baths
700-1100 sq-ft

3BR/2BA Gem in Downtown Toronto CN Tower Views. Live steps from it all! Gaze at the iconic CN Tower from your doorstep while enjoying unbeatable acc

20 Photos

335 College Street, Toronto, ON , MLS #C12128532 , Image - 1

Unit-306, 335 College Street Kensington-Chinatown, Toronto, ON MLS® C12128532

Residential Condo & Other (Condo Apartment)

$1,900

1 Baths
0-499 sq-ft

Studio unit available. Private balcony. Security cameras within hallways and outside the building. Bike room available. Coin-operated laundry machines

33 Photos

222 Spadina Avenue, Toronto, ON , MLS #C12111960 , Image - 1

222 Spadina Avenue Kensington-Chinatown, Toronto, ON MLS® C12111960

Commercial (Commercial Retail)

Price On Request

High-Traffic and High-Exposure along Spadina Avenue. Strategically positioned between Queen Street West and Dundas Street. It is ideal for a user who

14 Photos

210 Simcoe Street, Toronto, ON , MLS #C12097934 , Image - 1

Unit-412, 210 Simcoe Street Kensington-Chinatown, Toronto, ON MLS® C12097934

Residential Condo & Other (Condo Apartment)

$2,650

1 +1 Beds
1 Baths
700-799 sq-ft

Bright & Spacious Luxury 1+Den Condo with Balcony in Prime Downtown TorontoStep into stylish urban living with this bright and generously sized 1-bedr

18 Photos

190 Mc Caul Street, Toronto, ON , MLS #C12124855 , Image - 1

190 Mc Caul Street Kensington-Chinatown, Toronto, ON MLS® C12124855

Commercial (Commercial Retail)

$8,000

Discover a stunning live/work space in the heart of Baldwin Village, Downtown Toronto. This standalone, one-storey brick building at 190 McCaul Street

11 Photos

116 Bellevue Avenue, Toronto, ON , MLS #C12058429 , Image - 1

Unit-Main, 116 Bellevue Avenue Kensington-Chinatown, Toronto, ON MLS® C12058429

Residential Freehold (Att/Row/Townhouse)

$3,899

Reduced by 9.3%

3 Beds
1 Baths
1100-1500 sq-ft

Located in an unbeatable spot near the University of Toronto, this main floor unit with three bedrooms has been completely renovated, offering a fresh

10 Photos

152 St Patrick Street, Toronto, ON , MLS #C12126221 , Image - 1

Unit-1107, 152 St Patrick Street Kensington-Chinatown, Toronto, ON MLS® C12126221

Residential Condo & Other (Condo Apartment)

$3,200

2 +1 Beds
2 Baths
1000-1199 sq-ft

Spacious 2+1 bedroom unit with 2 full bathrooms, offering over 1,000 sq ft of living space. Located on the premium 11th floor, the only level in the b

6 Photos

60 Saint Patrick Street, Toronto, ON , MLS #C12069025 , Image - 1

Unit-230, 60 Saint Patrick Street Kensington-Chinatown, Toronto, ON MLS® C12069025

Residential Condo & Other (Condo Apartment)

$2,050

Reduced by 6.0%

1 Beds
1 Baths
0-499 sq-ft

Beautiful 1 Bedroom Suite With Private Balcony & Separate Entrance from Top level of 3-Storey Condominium. Walk To Queen West Shopping, Entertainment/

29 Photos

80 Vanauley Street, Toronto, ON , MLS #C12125937 , Image - 1

Unit-115, 80 Vanauley Street Kensington-Chinatown, Toronto, ON MLS® C12125937

Residential Condo & Other (Condo Apartment)

$4,950

2 +1 Beds
3 Baths
1000-1199 sq-ft

Amazing unit at Tridel's sought- after SQ2 In The Heart Of Queen West, Toronto's Most Vibrant Community. Fantastic 2 Bed Unit Has Spacious Den (Offic

10 Photos

150 Beverley Street, Toronto, ON , MLS #C12125814 , Image - 1

150 Beverley Street Kensington-Chinatown, Toronto, ON MLS® C12125814

Residential Condo & Other (Condo Apartment)

$2,800

2 Beds
1 Baths
800-899 sq-ft

Welcome To 150 Beverley Street A Stylishly Updated 2-Bedroom, 1-Bathroom Home In The Vibrant Core Of Downtown Toronto. Situated In A Charming Boutiqu

14 Photos

89 McCaul Street, Toronto, ON , MLS #C12033009 , Image - 1

Unit-921, 89 McCaul Street Kensington-Chinatown, Toronto, ON MLS® C12033009

Residential Condo & Other (Condo Apartment)

$2,300

1 Beds
1 Baths
600-699 sq-ft

Location! Steps To Ago, Ocad University, Subway, Village By The Grange & All Other Amenities *Bright & Spacious, Clean Unit *Practical One Bedroom La

7 Photos

10 Willison Square, Toronto, ON , MLS #C12108943 , Image - 1

Unit-208, 10 Willison Square Kensington-Chinatown, Toronto, ON MLS® C12108943

Residential Condo & Other (Condo Apartment)

$1,900

Reduced by 5.0%

1 Beds
1 Baths
500-599 sq-ft

Students welcome. Bright, spacious 1-bedroom apartment in vibrant downtown Toronto! Open-concept living, stainless steel kitchen appliances, ensuite l

11 Photos

203 College Street, Toronto, ON , MLS #C12124640 , Image - 1

Unit-606, 203 College Street Kensington-Chinatown, Toronto, ON MLS® C12124640

Residential Condo & Other (Condo Apartment)

$3,280

1 +1 Beds
2 Baths
600-699 sq-ft

Functional 1+Den Layout With 2 Washrooms! Den That Can Be Used As Second Bedroom! Walking Distance To U Of T Campus. 2 Full-Size Bathrooms. Walkable T

24 Photos

335 College Street, Toronto, ON , MLS #C12089860 , Image - 1

Unit-403, 335 College Street Kensington-Chinatown, Toronto, ON MLS® C12089860

Residential Condo & Other (Condo Apartment)

$3,200

Reduced by 8.6%

2 Beds
1 Baths
700-799 sq-ft

Furnished, open concept two bedroom 2-floor loft. Furnished with King Bed in the Primary Bedroom and Queen bed in the second bedroom. Open-Concept liv

13 Photos

38 Cameron Street, Toronto, ON , MLS #C12124503 , Image - 1

Unit-#615, 38 Cameron Street Kensington-Chinatown, Toronto, ON MLS® C12124503

Residential Condo & Other (Condo Apartment)

$2,400

1 +1 Beds
2 Baths
600-699 sq-ft

Experience urban sophistication at Tridel SQ at Alexandra Park in Downtown Toronto. This modern 1-bedroom + den residence boasts luxury finishes, incl

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