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GTA Rental Market Snapshot — Q3 2025 (TRREB's Quarterly Report)
Covers apartments & townhouses leased via TRREB MLS® — View the TRREB Rental Market Report
Q3 2025 tightened versus a year ago: rental transactions grew faster than new listings, yet average rents fell across all bedroom types year-over-year, reflecting still-high inventory and competition from purpose-built rentals.
Condo Apartments — Q3 2025
| Bed Type | Avg Rent | Leased (YoY) |
|---|---|---|
| Bachelor | $1,945 | 1,100 (▲ 11.1%) |
| 1-Bedroom | $2,355 | 12,640 (▲ 21.8%) |
| 2-Bedroom | $3,101 | 7,941 (▲ 18.8%) |
| 3-Bedroom | $3,875 | 810 (▲ 22.7%) |
YoY symbols reflect direction; percentages rounded.
Condo Townhouses — Q3 2025
| Bed Type | Avg Rent | Leased |
|---|---|---|
| 1-Bedroom | $2,132 | 137 |
| 2-Bedroom | $2,857 | 670 |
| 3-Bedroom | $3,408 | 653 |
Townhouse averages shown for GTA total.
What This Means for Landlords & Tenants
- Landlords: With rents trending lower YoY and listings still high historically, sharpen pricing and consider move-in incentives or light upgrades to reduce days on market.
- Tenants: More negotiating room on rent and terms; compare multiple buildings and ask for modest concessions where vacancy is higher.
- Process friction: LTB backlogs can affect timelines—keep documentation tight, set realistic buffers, and clarify expectations in the lease.
Leasing All Property Types
While condos make up a large volume of Toronto’s rental inventory, we support leasing across houses, townhomes, and lofts. Landlords often need clear lease terms and consistent screening; renters often need clarity on responsibilities like utilities, maintenance, and move-in rules. We help organize those details so expectations are documented upfront.
Detached & Semi-Detached
Often preferred by families seeking space and privacy in areas like Etobicoke, North York, and Scarborough. For landlords, leases commonly need clear terms for lawn care, snow removal, utility transfers, and any accessory/basement unit arrangements.
Freehold & Condo Townhouses
A practical middle ground. We help clarify what’s typically handled by the tenant vs. owner depending on the property type, and where condo rules apply, we account for building requirements and common element obligations.
Luxury & Executive Leases
High-end homes used for relocations or furnished arrangements may involve non-standard timelines and terms. We help document what’s agreed (furnishings, utilities, inclusions) and keep deposit/payment language aligned with Ontario rules.
Condos & Lofts
From the downtown core to the waterfront, leasing can move quickly. We help manage building-specific procedures (move-in bookings, elevator reservations, condo bylaws/rules, application packages where required) and keep the leasing process organized.
The Smart Way to Rent or Lease in Toronto
Your Toronto Rental Journey, Guided by Experts
Whether you’re hunting for the perfect rental or leasing out your property, a trusted real estate professional will walk you through every step — no guesswork, just guidance.
Renting or Listing? Your Questions, Answered.
A real estate agent helps landlords find qualified tenants and assists renters in securing the right home or condo. This includes advertising the property, screening applications, managing showings, and guiding both parties through the lease process. Some agents also offer ongoing support with rent collection and tenant relations.
Yes — experienced agents ensure leases are legally compliant with Ontario’s rental laws and include all necessary clauses to protect both landlords and tenants. They also help prepare supporting documents, verify identities, and manage move-in timelines.
Whether you're renting or listing, working with an agent saves time and reduces stress. Real estate agents bring market insight, professional negotiation skills, and guidance through every step — from pricing to paperwork to move-in day.
A: In most cases, the landlord pays the agent's fee, which is typically equivalent to one month’s rent plus HST. For tenants, that means working with a rental agent often comes at no additional cost.
Real Estate Agents for Rentals in Toronto
At PropertyMesh, we connect renters and property owners with experienced real estate agents for rentals in Toronto who know the market inside and out. Whether you’re searching for a modern downtown condo or looking to lease out your investment property, our team brings the insight and service you’d expect from one of the city’s most efficient rental networks.
Unlike traditional apartment rental agencies in Toronto that rely on outdated listings or long lead times, our approach is human-first and locally driven. You’ll work with a licensed rental broker in Toronto who understands the unique needs of both sides — whether it’s helping a tenant secure a unit fast or guiding a homeowner through tenant screening and lease prep.
We work with individuals, investors, and even small rental companies in Toronto who need reliable support navigating a competitive housing market. While our public search features new developments, our agents have full access to TRREB MLS® resale listings to find you any property on the market. From Liberty Village lofts to North York family homes, our agents provide hands-on help across a range of neighbourhoods and property types.
For renters, there’s no added cost — in most cases, landlords cover agent commissions. That means you get professional help without paying out of pocket. For landlords, it’s an easy way to avoid the stress of coordinating listings, showings, and paperwork.
If you’re comparing options between apartment rental companies in Toronto or larger platforms, know this: PropertyMesh pairs the reliability of a local agent with the reach and speed of a modern network — and we do it without sacrificing service.
Ready to get started? Whether you’re renting or listing, our agents are here to help make it simple, secure, and successful.
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