Can I negotiate rent in Toronto's softer 2025 market?

Posted by mike.54 • November 27, 2025 • 9 comments

With the rental market in Toronto shifting in 2025 and countless units sitting empty for weeks, I’m wondering if I can make an offer below the asking price. The days of bidding wars seem to be over, and it feels like there’s more room to negotiate. Has anyone had success with this approach recently?