Short-Term vs Long-Term Rentals in Toronto: 1 Month, 3–11 Months, and 12+

Compare short-term, 1–11 month, and long-term rentals in Toronto — furnished vs unfurnished, 2026 costs, and where to search each type.

Toronto does not have one rental market. It has three, they barely speak to each other, and most people find that out the hard way — usually after messaging a Kijiji landlord about a two-week stay and receiving a reply that reads like a restraining order. If you are searching for a short term rental Toronto stay, a 3 month rental Toronto contract, or a long term rental Toronto lease, you are not shopping the same product. The furniture, the price, the legal rules, and even the websites are different.

This is the 2026 field guide: how short-term (under a month, furnished), medium-term (one to 11 months, usually furnished), and long-term (a year or more, usually unfurnished and cheapest by the month) actually work — and which channels have inventory for each.

If that already answered your question, congratulations — you are more organized than 80% of people who land at Pearson with a suitcase and a Facebook Marketplace tab. If you want the why, keep reading.

Industry people love the acronyms STR, MTR, and LTR. Regular humans just want a bed that does not require an Allen key. Here is the Toronto version of the split — slightly messier than a textbook, because the city, condo boards, and Google all use different clocks.

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