How to Negotiate Rent in Toronto's Current Market - Success Stories Welcome

Posted by samdeals • September 23, 2025 • 4 comments

Everyone says you can't negotiate rent in Toronto's crazy market, but I'm wondering if that's actually true. My lease is up for renewal and they want to raise it from $2400 to $2650 (building built in 2019, so no rent control). I've been a perfect tenant for 2 years - always pay on time, no complaints, even helped show units to prospective tenants. The unit below me has been empty for 3 months so maybe they'd rather keep me than risk vacancy? **Has anyone successfully negotiated rent in Toronto recently?** What worked? Some strategies I've heard: - Offer longer lease term for lower monthly rate - Point out unit maintenance issues that need addressing - Show comparable listings at lower prices - Emphasize your track record as a tenant Or am I just dreaming and should accept the increase? The apartment hunt was so brutal last time, really don't want to move if I can avoid it. Share your negotiation wins (or fails) - let's learn from each other!

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