
Cheap Homes for Rent in Waterfront Communities The Island Neighborhood of Toronto, ON from C$1,700 (224 Rentals)
Cheap Homes in the Waterfront Communities The Island area of Toronto.


213-213 Queen St E

51-1451 Trolley Cres

82-1182 Dalhousie St

252-2252 Church St

14-5614 York St

215-1215 Queen St W

210-210 Victoria St

209-209 Fort York Blvd

77-377 Shuter St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

15-2915 Lower Jarvis St

255-1255 Richmond St E

115-2115 Blue Jays Way

215-1215 Fort York Blvd

8-1708 Mercer St

60-960 Tannery Rd

8-1408 Mercer St

252-252 Church St

111-111 Elizabeth St

89 Church St
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.

399-399 Adelaide St W

73-473 Richmond St W

600-600 Fleet St

32-932 Trolley Cres

215-1215 Queen St W

8-1508 Mercer St

77-877 Shuter St

60-860 Tannery Rd

132-132 Berkeley St

115-1115 Blue Jays Way

28-628 Eastern Ave

39-739 Brant St

10-210 Willison Square

132-132 Berkeley St

21-421 Lawren Harris Square

65-2065 Mutual St

629-629 King St W

197-3197 Yonge St

126-126 Simcoe St

15-252 CHURCH St

252-1252 Church St

629-1629 King St W

629-1629 King St W

203-1291 BAYVIEW Ave

103-1291 BAYVIEW Ave

33-833 Lombard St

120-1120 Parliament St

68-2868 Shuter St

21-621 Nelson St

50-750 Bruyeres Mews
Waterfront Communities The Island, Toronto, ON Local Guide
How much does it cost to rent a home in Waterfront Communities The Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterfront Communities The Island 2 Bedroom Homes for Rent | C$3,057 | C$2,000 | C$9,500 |
Waterfront Communities The Island 3 Bedroom Homes for Rent | C$4,773 | C$2,300 | C$10,000 |
Waterfront Communities The Island 4 Bedroom Homes for Rent | C$5,695 | C$3,800 | C$9,980 |
Waterfront Communities The Island 5 Bedroom Homes for Rent | C$5,000 | C$5,000 | C$5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 224 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 |
One32 | Studio 1 Bath | Studio,1BA | C$2,000 |
Motion | Studio 1 Bath | Studio,1BA | C$2,025 |
39 Niagara | 0 Beds, 1 Baths | Studio,1BA | C$2,067 |
Maple House | A1 | 1BR,1BA | C$2,141 |
Jazz | Studio 1 Bath | Studio,1BA | C$2,150 |
FourFifty The Well | The Logan II | Studio,1BA | C$2,184 |
Fifty on the Park | Studio | Studio,1BA | C$2,195 |
Toronto House | Studio | Studio,1BA | C$2,295 |
Best Value Apartments for Rent in Waterfront Communities The Island, ON
As of May 04, 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$3,274 with a C$5.32 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$5.32 |
Maple House | A11 | 1BR,1BA | C$4.68 |
FourFifty The Well | The Bond VIII | 1BR,1BA | C$5.43 |
Fifty on the Park | Studio | Studio ,1BA | C$4.26 |
Birch House | A01 | 1BR,1BA | C$5.03 |
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 |
One32 | Studio 1 Bath | Studio ,1BA | C$5.39 |
Frequently Asked Questions about Waterfront Communities The Island
What type of rentals are currently available in Waterfront Communities The Island?
There are currently 498 Apartments for Rent in Waterfront Communities The Island, ON with pricing that ranges from C$1,789 to C$9,680. There are also 494 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront Communities The Island ranging from C$1,750 to C$22,500.
What is the current price range for Rental Homes in Waterfront Communities The Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront Communities The Island ranges from C$1,750 to C$22,500 with an average monthly rent of C$3,816.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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.