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

Posted by ossington_native5 • October 16, 2025 • 8 comments

With the shift in Toronto's rental market in 2025, I've noticed many apartments sitting empty for weeks and no more bidding wars. I'm wondering if it's realistic to offer below asking rent now. Is negotiating down a viable strategy given lower demand? Curious to hear your thoughts!