Can I negotiate down rent in Toronto's soft market this 2025?

Posted by itsalex_275711 • December 3, 2025 • 9 comments

With the rental market in Toronto shifting, I'm wondering if I can offer less than the asking price for a condo or apartment. Many units seem to be sitting empty for weeks now, and there’s no more bidding wars. Is this an opportunity to negotiate down rent in today's soft market?