Top Rated New Apartments for Rent in Toronto, ON (10 Rentals)

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Apartments in Toronto with the best features, newest construction, and richest amenities.

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The Quay - Tower III
Rent Specials
$1,857 - $3,677
Total Monthly Price

Total Monthly Price

Base Rent
$1,857 - $3,677

Total Monthly Price
$1,857 - $3,677
Built in 2025Studio to 3 Bedroom Apartments Available Now

The Quay - Tower III

370 Queens Quay WToronto, ON M5V 3J3
Student Housing
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  • Utilities Included
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Akoya
Rent Specials
$2,520 - $3,470
Total Monthly Price

Total Monthly Price

Base Rent
$2,520 - $3,470

Total Monthly Price
$2,520 - $3,470
Built in 20251 to 2 Bedroom Apartments Available Now

Akoya

55 Broadway AvToronto, ON M4P 1T8
Luxury
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  • Utilities Included
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3030 Pharmacy Avenue
Rent Specials
$2,115 - $3,399
Total Monthly Price

Total Monthly Price

Base Rent
$2,115 - $3,399

Total Monthly Price
$2,115 - $3,399
Built in 20251 to 3 Bedroom Apartments Available Now

3030 Pharmacy Avenue

3030 Pharmacy AvToronto, ON M1W 2N7
Affordability
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Avant | Student Living
$1,649 - $2,899Built in 2022Studio to 3 Bedroom Apartments

Avant | Student Living

50 Gerrard St EToronto, ON M5B 1J6
Student Housing
  • Utilities Included
  • Smoke Free
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Madison View Homes
Built in 20191 to 3 Bedroom Apartments

Madison View Homes

200 Madison AveToronto, ON M4V 0A7
Renter Rating
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Sumach by Chartwell
$2,710 - $6,562Built in 2019Studio to 3 Bedroom Apartments

Sumach by Chartwell

146 Sumach StToronto, ON M5A 0P7
Senior Living
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Toronto, ON Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Toronto, ON Area Reviews

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Dee4+ years in Toronto

February 25, 2025

30 years here ... its not impressive working people cant afford rent

Frequently Asked Questions about New Toronto Apartments

What is the Cheapest New apartment in Toronto?

Currently the most affordable New Apartment in Toronto is at 2346 Weston listed at $1,387.

How much is the average rent for a New Toronto Apartment?

The average rent for a New Apartment in Toronto is $3,039.

What is the largest New Toronto Apartment for rent?

Today's New apartment with the most square footage in Toronto is a 1,830 square feet unit starting from $2,895 at Two St. Thomas.

What is the average size for Toronto New Apartments for rent?

The average size for a New rental in Toronto is currently at 507 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.