
Cheap Apartments for Rent in the Waterfront Communities The Island Neighborhood of Toronto, ON from C$1,400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterfront Communities The Island area of Toronto.


77 Mutual St

FourFifty The Well

The 203 Residences

One32

West House

Fifty on the Park
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Toronto House

The Residences at The Well

488 University Ave

55-65 Bremner Blvd
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$2,470 | C$1,789 | C$2,930 |
Waterfront Communities The Island 1 Bedroom Apartments | C$2,900 | C$2,169 | C$5,970 |
Waterfront Communities The Island 2 Bedroom Apartments | C$3,991 | C$1,471 | C$8,970 |
Waterfront Communities The Island 3 Bedroom Apartments | C$5,251 | C$2,706 | C$9,680 |
Waterfront Communities The Island 4 Bedroom Apartments | C$6,500 | C$6,500 | C$6,500 |
Browse Apartments in this Neighborhood
There are currently 23 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 1 Bed unit found at Grange Apartments priced from C$1,950. 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 |
---|---|---|---|
Grange Apartments | One bedroom renovated | 1BR,1BA | C$1,950 |
The 203 Residences | Studio | Studio,1BA | C$1,985 |
39 Niagara | 0 Beds, 1 Baths | Studio,1BA | C$1,999 |
One32 | Studio 1 Bath | Studio,1BA | C$2,000 |
Motion | Studio 1 Bath | Studio,1BA | C$2,025 |
Best Value Apartments for Rent in Waterfront Communities The Island, ON
As of April 29, 2025 the best value apartment in the Waterfront Communities The Island area is the C$2.96 price per square foot Two Bedroom Apartment Model at 90 Adelaide St E in the in the Church Yonge Corridor neighborhood starting from C$2,399. The second greatest value Waterfront Communities The Island apartment is the A1 Model at The Taylor starting at C$3,250 with a C$5.28 price per square foot in the Bay Street Corridor 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. |
---|---|---|---|
90 Adelaide St E | Two Bedroom Apartment | 2BR,1BA | C$2.96 |
The Taylor | A1 | 1BR,1BA | C$5.28 |
Maple House | A11 | 1BR,1BA | C$4.73 |
Fifty on the Park | Studio | Studio ,1BA | C$4.26 |
Birch House | A01 | 1BR,1BA | C$5.09 |
The 203 Residences | Studio | Studio ,1BA | C$4.22 |
Toronto House | Studio | Studio ,1BA | C$5.08 |
Motion | Studio 1 Bath | Studio ,1BA | C$5.05 |
Jazz | Studio 1 Bath | Studio ,1BA | C$5.51 |
One32 | Studio 1 Bath | Studio ,1BA | C$5.39 |
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 The 203 Residences listed at C$1,985.
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$1,950 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 The 203 Residences and starts from C$3,785.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.