How much do furnished apartments cost in Toronto? 

Among the factors that affect the cost of an apartment are its location, amenities, apartment size, and inclusions. 

Generally, apartments in busier areas come at a higher cost. It is also important to consider that renting a furnished apartment costs more than an unfurnished apartment. 

Renting a fully-furnished apartment might be a better option if you’re looking for a short-term lease contract, as buying new furniture may cost more than the additional rent. 

Refer to the table below to see the average monthly rent for furnished apartments in Toronto:

House Size	Cost
Studio	$1,500
1- Bedroom	$1,800
2-bedroom	$2,400
3-bedroom	$2,600

1. Toronto Luxury Suites

Criteria	Rating
Amenities	★★★★★ (5/5)
Accessibility	★★★★★ (5/5)
Customer Service	★★★★★ (5/5)
Cost	★★★★☆ (4/5)

Toronto Luxury Suites, located in the bustling intersection of Dundas and Keele, is only a ten-minute walk away from the famous High Park. Other locations include properties in Yorkville, Midtown, and Bay & College. 

The first thing we loved about their apartments is this company’s commitment to the promise of luxurious living spaces.All their units boast an elegant interior and come with exquisite furniture. 

Another thing that caught our eyes with Toronto Luxury Suites is their broad array of options of spaces with different sizes and designs. 

Some of their units have three bedrooms with over 1500sqm of space, perfect for families who look for a spacious abode. 

They also offer extra space for those who look for accommodation for bigger groups. One of their luxury units, Roxton, seated in the heart of Toronto, offers four bedrooms, a modern interior, and a spacious garage. 

Toronto Luxury Suites also have spaces for solo renters who look for minimalist single-bedroom apartments that come with complete furnishings and a great view. 

Their website offers vital information about each unit, accompanied by several photos from multiple angles. They also feature a 3D virtual tour of their apartments, ideal for clients away from Toronto. 

However, their website lacks information about rent prices. We suggest you contact their provided contact details for a price quotation of your desired property, which is what we did. 

Their apartments come with features and amenities that amplify the feeling of luxury. Some amenities include unlimited free Wi-Fi, VIP cable TV, parking, fitness facilities, a pool, and ensuite laundry for some units. 

Toronto Luxury Suites is ideal for those who look for nothing less but the most opulent comfort a home can offer. Given you’re willing to pay the extra price for luxury. 

Customer Reviews

Ideal and accessible location

We stayed at the Toronto Luxury Suites  in January 2020 when we were visiting our daughter who is  studying at the University. It was in a great location in the heart of Toronto within walking distance of all attractions and the university. The amenities were great. It had  everything a house should have. The apartment was very clean and well decorated. I would  and will definitely stay here again. -Refik Türkoğlu

They have multiple units that fit my criteria

I was in Toronto for on very short notice for family medical issues and needed a place to stay for undetermined amount of time.   After getting in contact with Toronto Luxury Suites and speaking with Giuseppe, he was able to show me a few units that fit my criteria and I was in a wonderful unit by the waterfront in 2 days.    It was really appreciated to be able to get into a place on such short notice and to have the whole process move along smoothly.     I will be in Toronto again in the coming months and will defiantly use their services again and would not hesitate to recommend them to others. – Sasha M

2. Toronto Boutique Apartments

Criteria	Rating
Amenities	★★★★☆ (4/5)
Accessibility	★★★★★ (5/5)
Customer Service	★★★★★ (5/5)
Cost	★★★★★ (5/5)

With 76 furnished properties across Yorkville and King West districts, Toronto Boutique Apartments proved worthy of a spot on our list. They offer both short-term and long-term rentals of their fully furnished units.

Their accommodations come at $90 up to $180 each night. The rate varies on apartment size and location, but each property is reasonably priced. 

Most of their apartments are located within minutes away of city hotspots such as the CN Tower, Scotiabank Arena, and the Royal Ontario Museum.

If you’re looking for a longer contract, their monthly rate starts at $2,700 for a minimum stay of three months. However, keep in mind that accommodation comes at a higher price during the peak summer months of June up until August. 

What makes Toronto Boutique Apartments stand out is their personalized relationship with their clientele. The company prides itself in providing homes that suit their client’s lifestyle and necessities. 

As for the interior, Toronto Boutique Apartments makes sure to keep the laid-back ambiance. Their stylish spaces come with fully-equipped kitchens, wireless internet connection, air-conditioning and central heating, all within an incredible rate. 

We also love their informative website that contains all you need to know about their apartments. Each unit’s amenities, inclusions, vicinity, and even rates and availability, are all listed on their website. 

Customer Reviews

Safe and amazing location

I stayed here for one month primarily alone and with one other person. The location is actually amazing and is very safe and ideal. The apartment itself is very clean and modern, all you would expect from the pictures. The only downside would be that the walls are slightly thinner than expected. Other than that, the place was great and welcoming. The host, Mari, was also extremely helpful throughout my entire stay. -Sean Lee

Easy process

We loved our stay at one of the Boutique Apartments. Bassam and his team really went above and beyond to make sure our stay was comfortable, clean, and a home away from home. I would definitely recommend these guys for short or long term stays. From phone conversation to moving in, the process was easy, pleasant and fascinated quickly. Thanks team Toronto Boutique Apartments! We will definitely stay with you again! -Phyzxx Music

3. Urban Flats Toronto

Criteria	Rating
Amenities	★★★★☆  (4/5)
Accessibility	★★★★★ (5/5)
Customer Service	★★★★★ (5/5)
Cost	★★★★★ (5/5)

Urban Flats Toronto will satisfy guests looking for an apartment in the bustling areas of the city. Their five locations are all within the business districts and also within proximity to the medical discovery district. 

Some of their buildings, namely the ones in Nelson Street and Richmond, were built recently in 2016. Their properties boast not only updated amenities, but also guarantee their guests’ safety. 

All their buildings have staffed security desks around the clock. The properties on Nelson Street and Richmond Street also provide access to underground path walkway systems and Toronto subway systems.  

As per the units, they offer studio rooms, one-bedroom, and two-bedroom floor plans. Their apartments come fully furnished with beds, essential appliances, and even linens. 

Another reason to love Urban Flats Toronto is that they have properties for all rent ranges. 

So, if  you’re looking for smaller accommodation within a tighter budget, they offer a studio room ideal for solo guests for $99 a night. 

Don’t let the affordable price make you think that they are furnished  less than other apartments. Their studio units have VIP cable, wireless internet, comfortable mattresses, and a well equipped kitchen. 

On the fancier end, Urban Flats Toronto’s two-bedroom units, such as the Andrew Suite and the Charles HM Suite, come with spacious rooms, queen-sized beds, and a private balcony. 

Now, with regards to their amenities, Urban Flats Toronto features private yoga rooms, fitness centers, and an aqua spa – ideal for guests who like to keep in tip top shape and health. Parking spaces are also available upon request. 

If you’re considering booking a stay at one of their properties, we suggest contacting a booking specialist or schedule a tour of their apartments. As their website only features a few images of the rooms.

Customer Reviews

Feels like a hotel

Absolutely the BEST furnished rental company in Toronto!!! It’s truly HOME AWAY FROM HOME. From the communication to cleanliness, they give a first-class experience in their thoughtfully designed suites. Each one of their suites feels like a home rather than a hotel. The interior decor is truly artistic with all the home goods in place that you could possibly need. I moved during the pandemic and they were so accommodating to let me see the suites before booking. I stayed in Sapphire and it truly felt like home from Day 1. I am so thankful to the entire team for making my stay as wonderful as possible. – Kanushree Jain

Safe, secure, and within an ideal location

I stayed at 140 Simcoe St and would highly recommend this residence to anyone looking for a place that feels safe and secure, and not like the boxy hotel room, you definitely feel more like you are at home. Lee-Anne and her team were very welcoming and truly professional in accommodating myself and my little doggie (Misty). The check-in is incredibly easy, the neighborhood is very safe, and walking distance to groceries, restaurants, coffee shops, parks and Queen St, the subway is a 5 min walk. The apartments are very quiet inside, and have everything that you need for your stay, we thoroughly enjoyed our stay. I would definitely stay here again! Thank -you again!! – D & Misty 

4. DelSuites

Criteria	Rating
Amenities	★★★★★ (5/5)
Accessibility	★★★★★ (5/5)
Customer Service	★★★★☆ (4/5)
Cost	★★★★★ (5/5)

DelSuites sits among the most reputable names for apartments and long-term stays in Toronto. With over 19 locations across the Greater Toronto Area, you’re always a stone’s throw away from the city hotspots. 

A part of the Tridel brand, guests can expect nothing but quality service from DelSuites. They were also once awarded the Consumers’ Choice Award for Executive Apartment Rental in the GTA. 

What sets DelSuites apart is their specialized lease contracts. Examples of these include medical stays for patients and health care professionals that need a place near the major Toronto hospitals. 

Another reason why we like DelSuites is that they also welcome your four-legged friends with their pet-friendly buildings and spaces. However, residents with pets are required to pay a $300 Pet Cleaning Fee for maintaining the cleanliness of the suite. 

They feature a wide catalog of apartments that cover rates from economy to luxury. You’ll surely find a DelSuites unit that fits your taste and budget.

For those planning to stay in Toronto for a longer time, you don’t need to fear your total rent bill. DelSuites offer extended-stay deals that let you save more for long lease contracts. However, do keep in mind that DelSuites has a minimum of a 30-night stay in all their properties. 

Another unique DelSuites feature includes the grocery service that lets guests order groceries online even before settling down in their apartments. 

Furthermore, DelSuites’ units feature fully-equipped kitchens, unlimited wireless internet, and security alarm systems. 

Guests also have access to building amenities, including a sun deck, a seasonal infinity pool, and yoga and fitness centers. 

For families with infants who need a little bit of extra care for their young ones, DelSuites offers additional furniture for children with an additional fee. 

Customer Reviews

A perfect home for me

DelSuites is always a superb choice. This is my second stay and is perfect for me as I’m here for 3 months at a time. It is much more comfortable than a hotel room. It feels like home. With the added space and full kitchen to cook meals. The suite décor is beautiful and in a great location.

Located in the business district, DelSuites offers best in location and service. Friendly staff, Clean rooms, quiet and comfortable stay. -Britney Mui

Their high speed internet and huge gym is everything I needed

Loved staying at 10 York! Brand New Suites. Modern and nicely designed. Spacious, clean and inviting. Perfect place to come home to after work. Location so close to the water and major attractions of Toronto! Stayed here for business. Staff service and my weekly cleaning was impeccable. Internet is high speed which is needed for my work. 24-hour security is there too. And took advantage of the huge gym and theatre room. There is also an outdoor swimming pool and spin room. I will definitely be back again! Thank you DelSuites! – Andrea Linden

5. Sky View Suites | Toronto Furnished Rentals

SERVICES	Studio apartments, One bedroom apartments, Two bedroom apartments, Penthouse, Immigrant Relocation Assistance
WEBSITE	https://www.torontofurnishedrentals.com
CONTACT DETAILS	+1888-787-7829 [email protected]
ADDRESS	142 Simcoe St, Toronto, ON M5H 3G4, Canada
SERVICE HOURS	Monday – Friday 10 AM – 5 PM

Criteria	Rating
Amenities	★★★★★ (5/5)
Accessibility	★★★★☆ (4/5)
Customer Service	★★★★☆ (4/5)
Cost	★★★★★ (4/5)

Since 2004, Sky View Suites has provided premium furnished apartments to Toronto locals and tourists alike. They offer over a hundred furnished units for short-term stays within the Toronto business district. 

Given their great location, you might think that their rent would break the bank. However, their units all come at a competitive price and have features that offer bang for your buck. 

Their single-bedroom properties near the University Plaza and the Financial District start at an affordable rate of $3,450 per month. 

What we like most about their apartments is the stunning interior, which surely takes a seat on the list of the most luxurious spaces of the city. Their sleek and minimalist styling is inspired by  European interior design. 

Another perk of living in Sky View Suites is their amenities. Their buildings feature fitness centers, concierge security, and even a party room for gatherings. 

Sky View Suites also guarantees a fun time for young adults and university student guests. One of their properties along the University Plaza houses a game and media room that tenants can use free of charge. 

Their immigrant relocation program, a service unique to Sky View Suites, offers assistance to new citizens of Toronto in finding their perfect home. This program includes flexible lease dates and real estate assistance. 

Make sure to check their website for units that offer rent discounts for a period of time. Some of their markdowns even reach 20% of the monthly rate. 

Customer Reviews

Easy communication and check in process

A good provider of furnished rental if you are looking for a temporary place to stay in downtown Toronto. Very easy to communicate with, and the check in process was very straight forward even after business hours.The suite itself is very well appointed  and well equipped, and there is a small supply of essentials such as laundry detergent pods, bath soap and shampoo, kitchen towels etc. to tide you over before you have a chance to go grocery shopping. Their staff was very responsive to my reporting of some minor issues, with all problems fixed shortly even after a long weekend. Overall very good value for money. – Alan Chan

Top-notch services and apartments

Have been using Skyviewsuites for business and work trips in Toronto for a while . Their team and service is top-notch and apartments have all appliances which make you feel like home . Interiors and painting are amazing . I will surely recommend to anyone who want to plan a business trip or family vacation or relocation to Toronto. Also helpdesk resolve the issues very smoothly if at all you face.- Amit Kadam

FAQs About Furnished Apartments in Toronto

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