Condodork Logo

Lofts For Rent in Toronto

Get Alerts

About Toronto's Lofts For Rent

Welcome to Toronto, Canada's largest city. As one of the worlds most diverse and cultured cities, Toronto has so much to offer. Centuries ago, Toronto was just a small town called York. Decades later, the city transitioned into Toronto. With time, its population rose and commerce boomed. To support its population increase, the city began building industrial spaces, factories, and warehouses. When these buildings had no more industrial use, they were then converted into residential buildings. This is how the idea of lofts came to be. Developers started renovating these historical buildings to create what we call hard lofts. These units have open concept spaces, high ceilings, and large windows allowing sunlight to filter through its rooms.

Lofts for rent in Toronto have been very appealing over the past few years. For people searching the market, many don't know that there are two types, hard lofts and soft lofts. The difference is based on one main thing, but it can change the price of the unit a great deal. The main difference is that hard lofts have a long history. They are developed from old industrial buildings for residential purposes. Home owners want hard lofts for their high ceilings, exposed brickwork, and most of all their authenticity. Soft lofts are copycat units in a way. Because there is a finite number of old industrial buildings and demand is high, developers have created more modern condos trying to replicate hard lofts.

About Toronto's Hard Lofts For Rent

Toronto has over 200 lofts to choose from. Some of the cities hottest hard developments are Candy Factory Lofts and Toy Factory Lofts. Candy Factory Lofts is 5 storeys tall with 123 units. The building was formerly owned by Ce De Candy Co. to make Rockets candy. Some of the units include exposed brick, fir columns, and duct work. It is also in a great location of Niagara neighbourhood. Toy Factory Lofts is another highly sought-after development. This building was used by Irwin Toy Factory, Canada's oldest toy company. Toy Factory Lofts was redeveloped to perfection by modernizing it while keeping its beautiful authenticity. It has hardwood floors, massive windows, and ceilings ranging between 9 to 17 feet.

Explore Toronto Condos For Rent

Welcome to Toronto, Ontario's breathtaking capital city, and the home of thousands of Toronto condos for rent.

More than 6 million people live in the Toronto metropolitan area, making it by far the biggest city in all of Canada, and it's also one of the most populous cities in the whole of North America too. Part of the Golden Horseshoe region, it sits along the western bank of Lake Ontario, offering easy access to the US and being famed as a key economic, financial, business, and touristic hub.

Toronto is also a terrific location to settle down and enjoy a high quality of life, with many great Toronto condos for rent to choose from. In total, there are 2437 condo buildings in Toronto, and renters can find a wide range of options here, including Low-Rise, Mid-Rise, and High-Rise condos for rent, along with Luxury and Loft condos for those with higher budgets too.

Condos For Rent in Toronto Neighborhoods

Toronto is a massive city, spread out across many square miles of land, divided up into dozens of neighborhoods and districts, and you can find Toronto condos for rent in many of these different neighborhoods.

This gives renters a lot of options to choose from, you can opt for a condo in the inner city of Toronto for easy access to major landmarks like Casa Loma, St. Lawrence Market, the Toronto Islands, and the CN Tower, or choose something a little further out, with a quieter lifestyle and convenient access to other places like High Park and Casa Loma.

A huge percentage of Toronto condos for rent can be found in the key downtown districts, including the Bay Street Corridor, the Garden District, St. Lawrence, Financial District, Entertainment District, Fashion District, Railway Lands, City Place, Harbourfront, Niagara, Fort York, South Core, and East Bayfront.

Those looking for condos for rent in Toronto can also explore other areas of the city. You can head north, for example, to districts like Deer Park, Forest Hill South, Mount Pleasant West, Chaplin Estates, Yonge and Eglinton, and North Toronto, or you could head west to places like High Park North, The Junction, Junction Triangle, Wallace Emerson, Humber Bay, and Swansea.


Toronto Condos For Rent Market

The average days on market for Toronto condos for rent is 25, and the average price for Toronto rental condos is $2,320. There were 27901 for rent in Toronto in 2020, representing an increase of 0% over the previous year.

All Things Condos For Rent in Toronto

Toronto is generally ranked as one of the best places to live in Canada in terms of work, education, and financial opportunities, and finding condos for rent in Toronto is a great way to start. You can rely on the TTC transit system with its many bus lines and subway routes to get around, and the city itself has a transit score of 74, a walk score of 72, and a bike score of 62.