toronto rent deals

Here's where you can still get deals on renting an apartment in Toronto

Rents in Toronto may be skyrocketing in 2022, but savvy renters can still find deals in one of Canada's most expensive cities if they know where to look.

Quebec may be famous for its odd July 1 provincial "moving day" tradition, but the phenomenon of moving into a new place on Canada Day is actually fairly common around the country, making June an especially competitive month for landlords signing deals.

All of this competition between landlords — particularly in older, renovated buildings — means renters can take advantage of some pretty sweet move-in incentives and promotions if they act fast.

These rare perks may not make as much of a difference in your wallet, as the desperation deals landlords were offering during the dark days of 2020 and 2021, but renters can still find offers ranging from free rent for a month to gift cards and free cable if they're willing to take the plunge on a new Toronto apartment for July.
 

40 Gerrard Street East

You can score an entire month of rent for free and a $750 signing bonus by inking a one-year lease on any unit studio or one-bedroom in the building by July 1.
 

99 Dowling Avenue

In a similar offer, you can get a free month of rent on select units in this Parkdale mid-rise building, along with a $250 gift card, though some conditions apply.
 

45 Dunfield Avenue

It may not be a whole month of free rent, but the $1,000 move-in bonus on offer for summer move-ins at this building is certainly a tempting draw for prospective renters.
 

50 Graydon Hall Drive

If you're in the market for a longer-term lease, this North York building offers the thirteenth month of rent for free, topped off by a $500 gift card from the choice of Amazon, HomeSense, Costco, or Wayfair.
 

697 Eglinton Avenue West

Long-term renters with no interest in gift cards can get in on a similar deal for this building, which offers two months of free rent when you sign a one-year lease.


650 Woodbine Avenue

Renters who return to the site with a completed application and last month's rent within three days of signing will qualify for $500 in gift cards upon move-in.

Lead photo by

A Great Capture


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Real Estate

Construction of Toronto's mountain range-shaped condo about to reach its peak

Ontario landlord slammed for trying to rent out 'closet' for $800 per month

This wave-inspired condo complex is unlike anything else under construction in Toronto

This $5 million Toronto home got special permission to be the biggest in the neighbourhood

Horrifying Mississauga rental is basically just a storage area disguised as a room for $750

$1 million Toronto house may look like a concrete bunker but it's adorable inside

This is what a $30 million L.A.-inspired Toronto mansion looks like

Ontario home sold at massive $500k loss after 7 failed attempts to sell