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5 Best Short Term Rentals in Toronto (2026)

Independently ranked by our review of ratings, reviews and reputation · How we chose

Lorian Hartfield
By Lorian Hartfield, Real Estate and Financial Expert · ✓ Data verified July 2026 · 9 min read

A three-month work placement, a reno that pushed you out of your condo, or family in town for a stretch all call for the same thing: a furnished suite you can book by the month instead of a hotel. Ratings for short term rentals in Toronto run from 4.6 to 4.9 stars among the five operators here, and reviews range from 201 up to 439. Guestable alone carries 439 of those reviews, the largest base on this page.

Short answer: The top-rated operator is Toronto Luxury Suites (4.9 stars across 380 Google reviews) for fully furnished downtown suites. Guestable carries the largest review base (439 ratings at 4.7) and leans toward Airbnb management, while Toronto Boutique Apartments (4.8) and Corporate Stays (4.9) round out the premium end. Furnished suites run from about $52 a night for a studio to $475 for a penthouse, or roughly $3,300 to $4,800 a month.
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The Toronto Shortlist, Compared

# Business Rating Reviews Best for
1 Toronto Luxury Suites 4.9 380 Overall / furnished suites View ›
2 Guestable 4.7 439 Most reviewed / managed stays View ›
3 Toronto Boutique Apartments 4.8 248 Yorkville condos View ›
4 Sky View Suites | Toronto Furnished Rentals 4.6 311 Financial District monthly View ›
5 Corporate Stays Toronto - Furnished Executive Apartments 4.9 201 Corporate / longer stays View ›
5 Best Short Term Rentals in Toronto (2026)

Five furnished-rental picks, reviewed

Toronto Luxury Suites logo
#1 Overall

Toronto Luxury Suites

4.9380 Google reviews

Toronto Luxury Suites is a furnished short-term rental agency placing guests in fully equipped downtown suites, from Bay and College to King West, Yorkville, and the Beaches. It runs programs for corporate stays, students, faculty, and insurance displacements, with move-in-ready units in newer buildings that carry concierge and gym access. Bookings run from short stays to multi-month leases. A named contact handles each placement start to finish.

What people praise

  • Attentive, personal contacts who match units to real needs
  • Clean, well-furnished, move-in-ready suites
  • Strong buildings with concierge and gym access
  • Prime downtown locations
  • Fast, clear communication throughout the stay

Worth knowing

  • As a managed agency, the exact suite and building are confirmed at booking, so ask to see the specific unit
Reputation scorecardrank in Toronto
Rating4.9 / 5
Review volume380 · 91th
Confidencehigh
Recency2 months ago
Info completenesssite · phone
Rating breakdown97% 5-star
✓ VerifiedSource: Google

Our take: Our top pick: the highest rating on the list, 4.9, with real volume behind it at 380 reviews. Best for anyone who wants a furnished downtown suite and a real person managing the details.

348 Dupont St, Toronto, ON M5R 1V9

Guestable logo
#2🕑 Open 7 days

Guestable

4.7439 Google reviews

Guestable is a Toronto property-management company best known for full-service Airbnb and short-term rental management, running units on behalf of owners across the downtown core. For guests, that means professionally managed stays in central buildings, several with CN Tower and island views and PATH access near Union Station. It also handles mid-term, corporate, and aparthotel bookings. Its core business is managing rentals hands-free for owners.

What people praise

  • Clean, comfortable, well-set-up spaces
  • Central locations near major attractions
  • Quick, responsive communication
  • Helpful on-site lobby and building staff
  • Professional, long-running management operation

Worth knowing

  • It's primarily an owner-facing management company, so confirm you're booking a guest stay
  • One owner reported service and cleaning fell short of the fees, so clarify exactly what's included
Reputation scorecardrank in Toronto
Rating4.7 / 5
Review volume439 · 97th
Confidencehigh
Recency3 months ago
Info completenesssite · phone · hours
Rating breakdown91% 5-star
✓ VerifiedSource: Google

Our take: It ranks second on the strength of the largest review base here, 439 ratings at 4.7. Many reviews come from owners rating the management side, so weigh the guest-stay reviews if you're booking a place to sleep.

270 Adelaide St W, Toronto, ON M6K 0A1

Toronto Boutique Apartments logo
#3🕑 Open 7 days

Toronto Boutique Apartments

4.8248 Google reviews

Toronto Boutique Apartments books furnished condos and corporate housing across the city, with a Yorkville base and units in buildings like The Well, 155 Yorkville, CityPlace, and the Distillery District. Stays run flexible, from a few nights to several months, with online booking and published nightly rates. Units come stocked for both short and long stays, many with in-suite laundry. A managed team handles check-in, requests, and turnover.

What people praise

  • Excellent, responsive customer service
  • Clean, well-equipped, accurately listed suites
  • Lively, central neighbourhoods near dining and transit
  • Easy check-in and check-out
  • Staff who go the extra mile, down to hunting for a lost item

Worth knowing

  • Older units can show wear, and one guest found a unit differed from the photos, so confirm the exact suite
  • Check whether air-conditioning is on for your dates
Reputation scorecardrank in Toronto
Rating4.8 / 5
Review volume248 · 79th
Confidencehigh
Recency3 weeks ago
Info completenesssite · phone · hours
Rating breakdown90% 5-star
✓ VerifiedSource: Google

Our take: A strong 4.8 across 248 reviews. It ranks third on review volume rather than quality, and it's a fine choice if you want a specific Yorkville or downtown building at a published nightly rate.

99 Yorkville Ave #200, Toronto, ON M5R 1A6

Sky View Suites | Toronto Furnished Rentals logo
#4🕑 Open 5 days/wk

Sky View Suites | Toronto Furnished Rentals

4.6311 Google reviews

Sky View Suites, trading as Toronto Furnished Rentals, manages more than 150 furnished apartments concentrated in Financial and Entertainment District towers like Qwest, University Plaza, Icon, and Maple Leaf Square. Units are one- and two-bedroom furnished suites leased by the month, popular for relocations, insurance stays, and medical visits downtown. It publishes monthly rates and pitches a simple booking process. The company has hosted thousands of tenants over the years.

What people praise

  • Quick to place guests in emergencies and medical stays
  • Comfortable, clean, well-equipped units
  • Reliable internet and cable, handy for remote work
  • Central, downtown-close locations
  • Good value near the medical hub

Worth knowing

  • Confirm heating or air-conditioning is active for your arrival dates and get it in writing
  • Clarify cancellation, notice, and refund terms up front
Reputation scorecardrank in Toronto
Rating4.6 / 5
Review volume311 · 85th
Confidencehigh
Recency3 months ago
Info completenesssite · phone · hours
Rating breakdown80% 5-star
✓ VerifiedSource: Google

Our take: A solid 4.6 across 311 reviews. It ranks fourth here; the score is dragged by a few disputes over AC timing and lease terms, so lock those details in writing and it's a practical downtown option.

142 Simcoe St, Toronto, ON M5H 3G4

Corporate Stays Toronto - Furnished Executive Apartments logo
#5🕑 Open 7 days↩ Responds to reviews

Corporate Stays Toronto - Furnished Executive Apartments

4.9201 Google reviews

Corporate Stays matches business travelers with furnished executive apartments across Toronto and the wider region, including Markham, North York, and Ottawa. Suites are designed for month-plus stays, with concierge support, underground parking, and self-guided lockbox check-in. Its team handles bookings, follow-ups, and on-site requests through named coordinators. The focus is longer, corporate-style stays rather than one-night bookings.

What people praise

  • Responsive, professional booking coordinators guests name by hand
  • Smooth, easy self check-in via lockbox
  • Helpful building concierge teams
  • Clean, ready units on arrival
  • Strong follow-up whenever an issue comes up

Worth knowing

  • Geared to month-plus corporate stays, so it's less suited to a single night
Reputation scorecardrank in Toronto
Rating4.9 / 5
Review volume201 · 74th
Confidencehigh
Recency7 weeks ago
Info completenesssite · phone · hours
Rating breakdown97% 5-star
✓ VerifiedSource: Google

Our take: It shares the top 4.9 rating but ranks fifth here purely on review volume, 201 ratings, the fewest on the list. On quality it's every bit as strong. Best for a longer corporate or relocation stay.

7 Grosvenor St, Toronto, ON M7A 2G6

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How the scores work

Every figure here comes from public Google data on the date shown, not from opinion or any payment. Rating is each operator’s live Google star average. Review volume counts how many guests and owners have rated them, ranked against other Toronto furnished-rental operators. Confidence weighs the rating by that volume, so a score backed by hundreds counts for more than one built on a few dozen. Recency tracks how lately people are still posting. No operator can pay to move these numbers.

How much does a Toronto short-term rental cost? (2026)

Furnished-suite pricing in Toronto turns on location, size, building quality, and how long you stay, with monthly leases working out cheaper per night than short bookings. Downtown and Yorkville addresses, newer towers, and extras like parking or concierge push rates up. The figures below come from operators’ own published rates and give a realistic band.

JobTypical price
Studio / 1-bed nightly (Toronto Boutique Apartments)$52 - $195/night
Premium / penthouse nightly$242 - $475/night
1-bed furnished, monthly (Sky View Suites)$3,300 - $4,800/month

Rates compiled July 2026 from the operators’ own published pricing (Toronto Boutique Apartments and Sky View Suites).

Where these rentals are in Toronto

These operators concentrate downtown and midtown: the Financial and Entertainment Districts, Yorkville, King West, CityPlace and the waterfront, the Distillery District, the Beaches, and out to Etobicoke, North York, and Markham. Searching short term rentals near me in Toronto? Each listing below carries a live phone number and directions to reach the office directly.

What to nail down before you book

  • What’s the all-in monthly or nightly rate, including utilities, Wi-Fi, and any cleaning or booking fees?
  • Is heating and air-conditioning active for my exact dates?
  • Which specific unit and building will I get, and can I see current photos?
  • What’s the minimum stay, and is the monthly rate cheaper than nightly?
  • What are the cancellation, notice, and refund terms?
  • Is parking available, and is it included or extra?

Frequently asked questions

How did you choose these Toronto rentals?

We started from Toronto’s short-term and furnished-rental operators with a public Google presence, then ranked by rating, review volume, consistency, and recency. See How the scores work above.

Are these rankings paid?

No. Rankings come from the public Google data in the scorecard. A business can pay to be a Featured Partner, which adds a badge and top placement, but that never changes another business’s score or position on the underlying data.

How often is this updated?

The data carries a verified date, July 2026 on this page. We refresh listings periodically so ratings and review counts stay current.

Is a furnished rental cheaper than a hotel?

For stays of a week or more, usually yes. Furnished suites bill by the month or night with kitchens and laundry included, which brings the effective nightly cost below a comparable hotel. See the cost section for real published ranges.

Do I need a minimum stay?

It varies. Several operators here list monthly leases, but a few take shorter bookings, and published nightly rates exist for buildings like Toronto Boutique Apartments. Ask each operator for their minimum.

The bottom line

For most stays, Toronto Luxury Suites is the safe default: the top rating, real review volume, and a person managing your booking. Corporate Stays matches it on quality for longer corporate trips, while Toronto Boutique Apartments and Sky View Suites give you specific downtown buildings at published rates. Whichever you pick, confirm the exact unit and the heating or AC schedule before you pay.

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