Question 1

What is the average rent for a 4-bedroom apartment in Toronto?

Accepted Answer

4-bedroom apartments in Toronto typically rent for $3,800–$5,500 per month depending on the neighbourhood and building type. BelowTheMarket lists units priced below these market averages.

Question 2

Are 4-bedroom apartments in Toronto rent-controlled?

Accepted Answer

4-bedroom units in buildings first occupied before November 15, 2018 fall under Ontario rent control. Newer buildings are exempt and can be increased by any amount at renewal.

Question 3

Who typically rents a 4-bedroom apartment in Toronto?

Accepted Answer

Large families, groups of four roommates splitting costs, and student households are the most common renters of 4-bedroom apartments in Toronto. Splitting a below-market 4-bedroom four ways can cost each person $950–$1,400/month.

Question 4

Where can I find affordable 4-bedroom apartments in Toronto?

Accepted Answer

Scarborough, North York, and Etobicoke have the most purpose-built 4-bedroom rental stock in Toronto. Outer GTA areas including Mississauga and Brampton also have affordable options for large households.