Ontario’s capital city, Toronto, is a top destination for corporate and leisure travelers. It has numerous skyscrapers and high-rise buildings as it is the province’s foremost business district. In fact, the city is a leader in business, finance, and entertainment. It also has a thriving technology industry, attracting professionals from the programming, software engineering, and database management fields. The city’s diverse selection of culinary delights and festivals also make it a good place to live. Its weather patterns, cleanliness, and safety make it one of the most livable cities worldwide. Have a pleasant stay in this wonderful urban jungle, and read this guide for the top monthly rentals in Toronto, Canada.
We handpicked these listings carefully, considering (wherever possible) host status, recent guest reviews, location, accommodation type, prices, decor, availability of dates, and long-term stay rules and regulations. The image galleries get refreshed with the latest updates regularly. They were last updated on April 11, 2024.
1. Modern vacation rental with terrace (from USD 137)
This beautiful two-bedroom condo unit is located at the heart of downtown Toronto, with a terrace overlooking magnificent city views. The modern vacation rental is huge, stylish, and fully furnished. Guests can use unlimited internet for work or entertainment, especially with the unit’s smart TV set and Netflix access. This home is best for long-term stays as it offers a discount.
Additionally, visitors can use the free parking on the premises should they bring their car. However, getting around won’t be a problem as most spots are within walking distance.
Top guest reviews
Amenities & Room:
beautiful apartment with a fabulous viewthe bed was comfortable and the condo had all the amenitiesthe bed was comfortable and the blankets were soft and warmthis is a very modern apartment with two private bedrooms and nice lake views2 bed 2 bath layout is great for two or three people travelingCleanliness:
unit clean and tidyclean and very stylish 10/10 would recommendclean and a great viewsuper comfy and super cleanoverall a great stay and a nice clean place with great lightHost:
the security guards were also friendly and helpfulhe’s a great hostcarl was a helpful hosthost was helpful and was promptly responding whenever neededthank you for hosting usRead more reviewsLocation:
the location downtown is fantasticgreat location in dt torontofantastic location in toronto’s entertainment districtwe really enjoyed the location and pricegreat turnkey location in dt toronto
2. Fully equipped condo for two (from USD 66)
Stay in this fully equipped condo. It also has a living space with a cable TV for guests’ entertainment. Meanwhile, the kitchen allows everyone to easily prepare homemade meals as it comes with a stove, an oven, a microwave, a coffee maker, a dishwasher, and cooking and eating utensils. The bedroom has a queen bed that can sleep up to two individuals. Best of all, the bathroom has a bathtub.
It’s a perfect accommodation for long-term rentals, and guests can take advantage of the discounts the hosts offer for monthly rates. The city’s major attractions and public transport are just nearby.
Top guest reviews
Amenities & Room:
the bed is like a dream and plenty space and amenities for a comfortable stayCleanliness:
condo was very clean and comfortablethe condo was very cleanthe unit was very clean and comfortablethe place was very cleanthe condo is very modern and cleanHost:
jason was a great hostjason is a great hostjason was a great host as welljason was a very good host toojason was a great hostRead more reviewsLocation:
great location and great apartmentreally awesome location and nice apartmentperfect location to rogers centrevery central to all the attractionslocation is the best in toronto
3. Charming apartment in downtown Toronto (from USD 81)
The central and lovely apartment is located in downtown Toronto, making it a good place for long-term stays with its excellent location near transportation, restaurants, and nightlife. A pub is situated downstairs, but the unit remains quiet.
The apartment is also spacious, cozy, and functional. It has free internet connection so guests can work indoors. Its kitchen has ample equipment and utensils, which means visitors can easily cook their meals at home. The space also has a washer and dryer for added convenience.
Top guest reviews
Amenities & Room:
the apartment has everything you could need with helpful amenities you may needthe bed is extraordinarily comfortable and it was really nice to have an in-unit washer and dryerkeir left the window a/c on so the apartment was nice and cool when we arrivedwe had breakfast there and it was deliciousthe bed was quite comfortable as wellCleanliness:
very clean apartment with a lot of spacethe space was fantastic very clean and comfortablethis place is amazing it’s clean modern and stylishgreat apartment very clean well decorated easy check-in and good communicationthe place is sparkling clean and the description is very accurateHost:
the hosts were instantly responsive to our inquirieshost is incredibly thoughtful and very responsivethey were fast to respond to any questions i had and very helpful with check inkeir was a fabulous host and his apartment was top-notchthe host was responsive and helpful and the place itself was way above my expectationsRead more reviewsLocation:
the location is greatgreat location and nice placegreat location and spacious apartmentperfect location where you could walk everywhereamazing beautiful stylish place walking distance to everything
4. Spacious studio unit with amazing views (from USD 88)
The spacious and stunning studio unit has a big bed that can accommodate up to two guests. They will certainly enjoy the amazing views through the windows, along with the lodging’s amenities. The space has a top-of-the-line kitchen and a large spa bathroom. Additionally, the entire unit is air-conditioned, keeping guests comfortable at any temperature.
The property offers easy access to Toronto’s tourist attractions. Guests who will bring their vehicle to conveniently go around the area can avail of the free parking. Best of all, this place is great for long-term stays as it offers a discount for monthly rentals.
Top guest reviews
Amenities & Room:
there is no tv but the wifi is great so you can watch on your phone or tabletthere is a very nice view of the city from the bed toovery clean and comfortable condo with an amazing view of downtownzvi's place was cozy with a great view and was a few minutes walk away from restaurants and shopsvery quiet and it was great having a full kitchen during our stayCleanliness:
the space itself is clean modern and very privatezvi’s place was super clean modern and has everything we possibly neededher home was very clean and in a great locationdespite the space being clean it did not correspond with the high standard that looks on the picsthis location is very clean and offers an amazing viewHost:
julie was a great hostjulie was very friendly and responsivejulie was very responsive over all communications and made sure we were comfortablejulie was super responsive and helpfulthe hosts were incredibly helpful and flexible highly recommendRead more reviewsLocation:
really great location and super close to everywhere you need to beconvenient location and nice small roomperfect location confortable place i recommendclose to the metro so you can go to all the city’s top attractionsthe location is great and is the apartment is recommendable
5. Comfortable studio with views of CN Tower (from USD 66)
This charming studio features gorgeous views of CN Tower right from the guests’ bedroom, offering a unique and refreshing way to wake up. Guests can also enjoy balcony views while comfortably seated in the terrace chairs.
The studio comes with great amenities, such as a large flat-screen TV and a bathtub. It also has a well-lit office desk and free WiFi throughout the property, allowing guests to easily work within the premises. It even has discounts for long-term stays. What’s more, the property is only a five-minute walk to Union Station, a major transportation hub in the city.
Top guest reviews
Amenities & Room:
the view was amazing from the apartmentit’s so comfortable and safely and i couldn’t forget the view of balconypros: amazing view clean place nice interior accurate description quick responsescons: no free parking pool is ehapartment has a great view of the cn tower which is within walking distancethe room was nice and clean and the pictures don’t justify how great the view actually wasCleanliness:
apartment was very clean and comfortablethe place was super cleanroom is exactly how it looks in the pictures very clean and comfortablethe bed was comfortable and everything was neat and cleantheir place is comfortable and clean and in a nice locationHost:
the hosts were very efficient and helpfulvivian & wei are wonderful hostsreally amazing place great hostalthough we never met our hosts they were very responsive to our inquiriesvery good place and easy going hostRead more reviewsLocation:
the location was very secure and just a short walk to union station and the major entertainment venuesan excellent location and great value for moneygreat apartment in a great locationthis place is wonderful right near the train station and many attractionsnice place in an excellent location
6. Stylish suite with pool access (from USD 81)
The stylish and capacious downtown suite features several conveniences. It has vast living and dining spaces for easy movement within the property. Additionally, the massive cushy bed allows guests to enjoy a good night’s sleep.
The unit’s sun deck has a sleeping cot where visitors can relax outdoors while savoring the early sunlight or the chilly night breeze. They can also have a refreshing dip in the property’s swimming pool. Pets are permitted, which means guests won’t miss their fur babies, especially if they plan to stay for a month or longer. To top it all off, the property is an easy stroll to the famous attractions in Toronto.
Top guest reviews
Amenities & Room:
the kitchen and bathroom had lots of amenities as wellwifi works great and excellent instructions were provided for all aspects of my stayplenty of closet space and even some complimentary toiletries in the bathroom just in casenice location; easy self check-in; fast wifi and nextflix; comfortable bed and pillows = all i need definitely recommendedthe open floor plan and big table was terrific for entertainingCleanliness:
very clean bathroom with a comfortable showerthis house was perfect for our stay it was clean and well stocked (ithe place is beautifully decorated and cleanthis was an a-rated experience staying at jen & michael's clean beautifully decorated and well-purposed apartmentHost:
hosts were very responsive to requestsvery welcoming hostthe hosts were attentive and very responsivethe hosts were great and i believe live downstairsjen was a great host to us we felt comfortable and at homeRead more reviewsLocation:
good location for the university and downtownwe loved this place it was centrally located and well appointedthe location was great and we enjoyed walking to many of our destinations in torontoloved the artsy vibe of the place and interesting selection of books and recordsmichael and jennifer's place is perfect for a short or long stay
7. Convenient house close to subway station (from USD 55)
This new and clean studio unit is conveniently located a few steps from the Wellesley subway station, offering quick and safe access around Toronto. Despite its proximity to the city center, the neighborhood remains quiet and beautifully lined with trees for a relaxing ambiance.
The accommodation’s interior is filled with wooden furniture that enhances its classic look. It also has several amenities, such as a washer and dryer that allows guests to save on their budget by cleaning their dirty clothes themselves. Aside from that, a monthly discount allows visitors to have a fun time without breaking their bank.
Top guest reviews
Amenities & Room:
that said it is extremely functional and comfortableproper space and appropriate furniture within the apartment front porch lots of natural light coming into the apartmentthere were nice touches which helped a lot like the hairdryer lint roller and ironthe apartment is very cozy clean and has everything you need (wifi towels hair dryer etcmy sister had a great stay at ed’s apartmentCleanliness:
clean and comfortablethe unit was clean and as advertisedthe apartment was very cleana cleaner came to clean regularly which was very conveniented's place was very clean warm and welcomingHost:
ed was a great hosted was an excellent host and very responsivehe is a fantastic hosted was a great host - very responsive to my questions and happy to help with anythinged was a great host giving tips and attention throughout our stayRead more reviewsLocation:
great central location an easy walk to everything downtownthe location is perfect for a city breakthe location is amazing it’s close to everything but also located on a quiet side streetthe location is very central with many good restaurants nearby so it's very convenientit is nicely located near a ttc station and yonge dundas downtown is about half a mile away
8. Private apartment near a park
The private and modern apartment is situated in a reserved European-style neighborhood, close to great leisure and recreation areas, including a park. Plus, despite the neighborhood’s provincial feel and peaceful atmosphere, getting around is easy.
The homey unit has a bedroom for two individuals, making it ideal for couples or solo travelers, especially those who are staying for a month or mote. The space also has complimentary WiFi that allows visitors to do web-based work. Plus, the amenable host is quick to attend to visitors’ necessities throughout their stay.
Toronto, Ontario, CanadaSuperhost
Accommodates: 3
Top guest reviews
Amenities & Room:
the kitchen and all tools in it were a huge helpthe bed was comfortable and the indoor fire place was a really nice touchwhat a great place and i don't only mean the apttheir place was very lovely super modern and extremely cozyCleanliness:
very clean and opencomfy bed thirsty towels and very cleansuper clean and amazing place to live inandrew's space is spacious clean and comfythe place was spotless and looked just like the picturesHost:
the host are friendly and where very quick at responding to any questions i hadhosts are on site and easy to reachthe host & hostess are responsive communicative and accommodatingthe hosts communicated well and i would love to stay here againandrew was easy to talk to and a helpful hostRead more reviewsLocation:
the location is greatexcellent location with a beautiful park and nearby restaurants and train stationamazing location next to high parkit’s close to the city & walking distance to a beautiful big park & the lakegreat location to roncesvalles ave
9. Luxurious space for six
Perfect for accommodating six guests, this luxurious and contemporary space has three bedrooms with queen-size beds and two bathrooms. It also has a TV with standard cable that guests can use to relax after a long, tiring day. A custom four-digit code for the front door lock allows easy check-in after going around the area and keeps guests’ valuables safe within the property.
Restaurants and shops are just a short stroll from the accommodation. Its amenities and location make it a great place for a long-term stay, especially since there are discounts for monthly rentals.
Toronto, Ontario, CanadaAccommodates: 6
10. Secluded guest suite with patio
The secluded and cozy unit is sited on a private floor of a large three-story house. The bright and fully furnished suite also has a patio with enchanting city views and tall ceilings for great ventilation. With one bedroom, it is perfect for couples or solo travelers who want a superb downtown location in a quiet neighborhood. It is particularly ideal for those who plan to stay for a long time since discounts will be provided.
The roomy kitchen has the basic utensils needed for preparing home-cooked meals and a coffee maker and coffee pods for those who enjoy hot beverages. The property also has free WiFi to help guests attend to their virtual affairs.
Toronto, Ontario, CanadaAccommodates: 2
Top guest reviews
Amenities & Room:
it had everything needed for a comfortable stayCleanliness:
the place is super clean and spaciousvery clean nice terrace to spend time outsideclean great location efficient communicationthe bed was comfortable the apartment was clean and it had everything we needed for a few daysthe place was clean well designed and well suited for those who like to cookHost:
great hosts as wellkevin & annie were very friendly and responded quicklyresponsive owners got back to us quickly when we had questionsthe hosts were communicative and check-in was easykevin & annie were excellent hosts providing a stylish and comfy place for our downtown getawayRead more reviewsLocation:
convenient location and comfortablegreat location across city parkthe location is superbgreat value and locationgreat location size and value
Enjoy a great stay in an affordable home
If you are planning to stay in Toronto for a long time, a fully equipped unit that offers access to the city’s prime spots is a necessity. It should be near businesses, dining options, shops, and entertainment sites. Guests can pick from the monthly rentals listed above to enjoy a long vacation or business trip in the wonderful urban jungle of Toronto.
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