Top Rated New Apartments for Rent in Toronto, ON (139 Rentals)

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

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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10 Wellesley St W
Built in 2025Studio Apartments

10 Wellesley St W

10 Wellesley St WToronto, ON M4Y 1E7
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Maverick Condos
Built in 2024Studio Apartments

Maverick Condos

329 King St WToronto, ON M5A 1L1
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Line 5 Condos
Built in 2024Studio Apartments

Line 5 Condos

117-127 Broadway AveToronto, ON M4P 1V3
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543 Richmond
Built in 2024Studio to 3 Bedroom Apartments

543 Richmond

543 Richmond StToronto, ON M5V 1Y6
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  • Smoke Free
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Mirvish Village
Built in 20242 Bedroom Apartments

Mirvish Village

748 Bathurst StToronto, ON M5S 0C7
Property Rating
  • Utilities Included
  • Smoke Free

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Greenwich Village Towns
Built in 2023Studio Apartments

Greenwich Village Towns

847-873 Sheppard Ave WToronto, ON M3H 2T3
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The Whitney on Redpath
Built in 20231 Bedroom Apartments

The Whitney on Redpath

71 Redpath AveToronto, ON M4S
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Downsview Park
Built in 2022Studio Apartments

Downsview Park

2995 Keele StToronto, ON M3K 2C5
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357 King St W
Built in 2022Studio Apartments

357 King St W

357 King St WToronto, ON M5V 1K1
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Diamond Condominiums
Built in 2022Studio Apartments

Diamond Condominiums

75 Canterbury PlToronto, ON M2N 2N1
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219 Dundas St E
Built in 2021Studio Apartments

219 Dundas St E

219 Dundas St EToronto, ON M5A1Z7
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Vita Two
Built in 2021Studio Apartments

Vita Two

65 Annie Craig DrToronto, ON M8V 1A1
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Fifth on the Park
Built in 2021Studio Apartments

Fifth on the Park

50 Forest Manor RdToronto, ON M2J 0E3
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Eighty One Wellesley
Built in 2021Studio to 3 Bedroom Apartments

Eighty One Wellesley

81 Wellesley St EToronto, ON M4Y 1H6
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1 Yorkville
Built in 2020Studio Apartments

1 Yorkville

1 Yorkville AveToronto, ON M4W 2G8
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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488 University Ave
Built in 2019Studio Apartments

488 University Ave

488 University AveToronto, ON M5G 1V2
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Exhibit Residences
Built in 2017Studio Apartments

Exhibit Residences

202 Bloor St WToronto, ON M5S 1T8
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  • Smoke Free
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Aqualuna
Built in 2025Studio Apartments

Aqualuna

155 Merchants WharfToronto, ON M5A
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The Charles at Church
Built in 20251 to 3 Bedroom Apartments

The Charles at Church

628 Church St EToronto, ON M4Y 1T1
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Mirvish+Gehry
Built in 2025Studio to 3 Bedroom Apartments

Mirvish+Gehry

274-322 King St WToronto, ON M5V 1H8
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The Whitfield
Built in 2025Studio Apartments

The Whitfield

33 Sherbourne StToronto, ON M5A
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Bay + Scollard
Built in 2025Studio Apartments

Bay + Scollard

50 Scollard StToronto, ON M5R 1E9
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Preston Living
Built in 2025Studio Apartments

Preston Living

25 St. Dennis DrToronto, ON M3C 1E6
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Reina Condos
Built in 2025Studio Apartments

Reina Condos

689 The QueenswayToronto, ON M8Y 1K9
Property Rating
  • Smoke Free

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.

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400 King St W
Built in 2025Studio Apartments

400 King St W

400 King St WToronto, ON M5V 1K2
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The View Beach Residences
Built in 2024Studio Apartments

The View Beach Residences

507 Kingston RdToronto, ON M4L 1V5
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  • Smoke Free
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King Toronto
Built in 2024Studio Apartments

King Toronto

540 King St WToronto, ON M5V 1M3
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Central Condos
Built in 2024Studio to 3 Bedroom Apartments

Central Condos

38-58 Widmer StToronto, ON M5V 2E9
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Bayview Village
Built in 2024Studio Apartments

Bayview Village

625 Sheppard Av WToronto, ON M2K 1B5
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Multi-Family Tower
Built in 2024Studio Apartments

Multi-Family Tower

50 Bloor St WToronto, ON M4W 3E2
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Halo Residences
Built in 2024Studio to 3 Bedroom Apartments

Halo Residences

480-484 Yonge StToronto, ON M4Y 1X5
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11 Yorkville Ave
Built in 20241 to 2 Bedroom Apartments

11 Yorkville Ave

11 Yorkville AveToronto, ON M4W 1L2
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  • Smoke Free
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N°55 Mercer Condos
Built in 20231 to 3 Bedroom Apartments

N°55 Mercer Condos

55 Mercer StToronto, ON M5V 9G9
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  • Smoke Free

Toronto, ON Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 Tippett Park listed at C$1,708.

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

The average rent for a New Apartment in Toronto is C$3,183.

What is the largest New Toronto Apartment for rent?

Today's New apartment with the most square footage in Toronto is a 1,722 square feet unit starting from C$2,550 at Novus.

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

The average size for a New rental in Toronto is currently at 519 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.