
Cheap Apartments for Rent in the Waterfront Communities The Island Neighborhood of Toronto, ON from C$1,700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront Communities The Island area of Toronto.


75 Kensington Av

77 Mutual St

The 203 Residences

FourFifty The Well

Toronto House

The Residences at The Well

Birch House - Block 10

270-250 Wellington St W

488 University Ave
Waterfront Communities The Island, Toronto, ON Local Guide
How much does it cost to rent an apartment in Waterfront Communities The Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterfront Communities The Island Studio Apartments | C$2,325 | C$1,780 | C$3,600 |
Waterfront Communities The Island 1 Bedroom Apartments | C$2,941 | C$2,205 | C$6,740 |
Waterfront Communities The Island 2 Bedroom Apartments | C$4,018 | C$2,399 | C$6,544 |
Waterfront Communities The Island 3 Bedroom Apartments | C$5,295 | C$3,785 | C$10,000 |
Waterfront Communities The Island 4 Bedroom Apartments | C$5,893 | C$5,893 | C$5,893 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Waterfront Communities The Island Neighborhood of Toronto, ON.
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Cheapest Available Waterfront Communities The Island Apartments for Rent
 The cheapest available apartment rental in the Waterfront Communities The Island area of Toronto, ON is a Studio unit found at One32 priced from C$1,895. The 203 Residences has the second lowest priced unit, which is a Studio apartment currently listed from C$1,985. Here are the most affordable Waterfront Communities The Island apartments for rent in Toronto, ON:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
One32 | Studio 1 Bath | Studio,1BA | C$1,895 |
The 203 Residences | Studio | Studio,1BA | C$1,985 |
39 Niagara | 0 Beds, 1 Baths | Studio,1BA | C$2,065 |
Motion | Studio 1 Bath | Studio,1BA | C$2,075 |
Grange Apartments | Onee bedroom | 1BR,1BA | C$2,100 |
Best Value Apartments for Rent in Waterfront Communities The Island, ON
As of March 30, 2025 the best value apartment in the Waterfront Communities The Island area is the C$2.33 price per square foot Large Three Bedroom Model at Grange Apartments in the in the Kensington Chinatown neighborhood starting from C$2,799. The second greatest value Waterfront Communities The Island apartment is the 2 Bedroom 1.5 Bath Model at Richmond starting at C$2,844 with a C$3.13 price per square foot in the South Parkdale King West neighborhood. Here is today’s list of the best values for Waterfront Communities The Island apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Grange Apartments | Large Three Bedroom | 3BR,2BA | C$2.33 |
Richmond | 2 Bedroom 1.5 Bath | 2BR,1.5BA | C$3.13 |
90 Adelaide St E | Two Bedroom Apartment | 2BR,1BA | C$2.96 |
The Taylor | A1 | 1BR,1BA | C$5.44 |
Birch House - Block 10 | A15 | 1BR,1BA | C$5.27 |
Motion | 1 Bedroom 1 Bath | 1BR,1BA | C$4.78 |
Maple House | A11 | 1BR,1BA | C$4.97 |
The 203 Residences | Studio | Studio ,1BA | C$4.22 |
Toronto House | Studio | Studio ,1BA | C$5.08 |
One32 | Studio 1 Bath | Studio ,1BA | C$5.11 |
Frequently Asked Questions about Cheap Waterfront Communities The Island Apartments
What is the Cheapest Studio apartment in Waterfront Communities The Island?
Currently the most affordable Cheap Studio Apartment in Waterfront Communities The Island is at One32 listed at C$1,895.
How much is rent for a Cheap One Bedroom Waterfront Communities The Island Apartment?
The lowest price for a Cheap One Bedroom Waterfront Communities The Island Apartment is C$2,100 at Grange Apartments.
What is the lowest price for a Cheap Two Bedroom Waterfront Communities The Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterfront Communities The Island is starting from C$2,399 at 90 Adelaide St E.
What is the most affordable Waterfront Communities The Island Three Bedroom Apartment?
The best deal on a cheap Waterfront Communities The Island Three Bedroom Apartment rental is at Grange Apartments and starts from C$2,799.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.