Toronto’s condo boom has redefined the concept of extended travel. Whether you’re relocating, working remotely, or planning an extended stay in the city, your experience will be shaped, sometimes dramatically, by the building you choose.
Some short-term rentals in Toronto offer just a bed and Wi-Fi. Others? They become your city anchor, blending convenience, lifestyle, and location into one cohesive stay.
In this blog, we’ll break down what makes each of the best furnished apartments in Toronto a standout, from skyline balconies to quiet residential pockets. Every building has been evaluated based on five key criteria: walkability, access to public transit, in-suite design, amenities, and value for money.
Quick-Glance: My Top 5 Best Apartment Buildings in Toronto & What They Excel At
Toronto’s diversity means that no one neighborhood fits all. Whether you want walk-to-everything convenience, a private balcony overlooking the CN Tower, or room for your whole family to unwind, there’s a Corporate Stays suite for that.
Below are five standout picks for the best apartment buildings in Toronto:
- Pick 1 – Best Downtown Luxury: 300 Front Street West
1-bedroom suites (550–700 sq ft) and 2-bedroom suites (700–800 sq ft) with high-end finishes, floor-to-ceiling windows, and private balconies. - Pick 2 – Best Creative-District Vibe: Studio on Richmond
1- and 2-bedroom units with private balconies and optional dedicated workspaces. Stylish interiors meet art district culture. - Pick 3 – Best Value Near the PATH: University Plaza
1-bedroom units (550–650 sq ft) with furnished balconies and direct walkable access to Toronto’s Financial District and PATH system. - Pick 4 – Best North-York Convenience: Yonge & Sheppard
1- and 2-bedroom options with spacious layouts, en-suite bathrooms, and quick access to highway and subway transit. - Pick 5 – Best Residential Calm: Midtown Toronto Apartment
2-bedroom ground-level unit in a peaceful, family-friendly neighborhood just minutes from St. Clair West Station. Sleeps up to 5.
1. 300 Front Street West
If your idea of a great stay includes waking up to skyline views and being footsteps from Toronto’s most iconic attractions, 300 Front delivers on every front. Located in the heart of the Entertainment District, this luxury high-rise brings sophistication and energy together in one exceptional address. Whether you’re visiting for business, taking a workcation, or enjoying a long city escape, this location makes sure you never miss a beat.
Inside, the building is all about innovative design and comfort. The one-bedroom suites range from 550 to 700 sq ft, with select units featuring an additional den and workspace. Two-bedroom suites offer up to 800 sq ft of open-concept living, ideal for co-working or unwinding after a night out. And then there are the balconies, private spots to sip coffee while gazing at the CN Tower or watching the city come alive below.
What makes 300 Front especially appealing is that luxury doesn’t stop at your unit door. A rooftop infinity pool, state-of-the-art gym, and high-end business centre cater to body and mind. From top-tier finishes to premium building services, this is downtown Toronto living at its best.
Location & Vibe:
Right in the Entertainment District, steps from Rogers Centre, CN Tower, and Union Station. Expect an energetic, walkable setting filled with restaurants, sports venues, and a variety of events.
Suite Highlights:
Floor-to-ceiling windows, private balconies, modern kitchens. One-bedroom units include some with dens, while two-bedroom units feature two bathrooms and views of the CN Tower.
Amenities:
Infinity rooftop pool, gym, business centre, underground parking, and stylish common areas.
Ideal For:
Executives, couples, or anyone seeking a luxurious stay with instant access to everything downtown.
Book 300 Front on Corporate Stays
2. Studio on Richmond
If you prefer local coffee shops to chains, art galleries to tourist traps, and want your stay to feel stylish and connected, Studio on Richmond hits the mark. Nestled between Queen West and Richmond, you’re surrounded by creative energy; think graffiti art, indie music, and boutique shopping. Vogue even called this one of the coolest streets in the world.
Inside the building, units are thoughtfully laid out with modern touches that make long-term stays feel easy. One- and two-bedroom options all come with private balconies, and many include dedicated workspaces. There’s room to create, work, cook, and recharge, all without stepping outside.
But when you do head out, you’ll return to amenities like a steam room, yoga and media lounges, a billiards space, and a hot tub. It’s an ideal mix of culture and calm, perfect for those who want to feel the heartbeat of the city while enjoying their oasis.
Location & Vibe:
Queen West arts district, near Osgoode Station. The area buzzes with cultural life, featuring independent galleries, bars, cafes, and live music all within walking distance.
Suite Highlights:
Open-concept living with full kitchens, private balconies, and optional workstations in select units. Two-bedroom units offer additional privacy and flexibility.
Amenities:
Yoga and media lounges, steam room, hot tub, billiards, and party room.
Ideal For:
Digital nomads, creatives, and solo travelers who want to stay inspired and well-connected.
Book Studio on Richmond on Corporate Stays
3. University Plaza
For travelers who value both location and affordability, University Plaza offers a winning combination. Situated between Osgoode Station and the PATH network, you’ll be able to reach most of downtown Toronto without ever stepping outside, ideal in winter or during busy workweeks. It’s the kind of location that gives you back your time.
The one-bedroom units here are smartly sized (550–650 sq ft), with open kitchens, inviting living areas, and private balconies furnished with patio seating. They’re cozy without feeling cramped, and the layouts make it easy to work, relax, and entertain.
Beyond the unit, you’ll find amenities tailored for both business and leisure. A putting green, rooftop BBQ area, and fitness centre make for enjoyable downtime. It’s a hidden gem in the Financial District, one of the few that offers this much comfort without a luxury price tag.
Location & Vibe:
Financial District, steps from Queen Street and Osgoode Station. Walk to office towers, the PATH, and dozens of eateries.
Suite Highlights:
Private balconies with patio sets, modern kitchens, and efficient floorplans that maximize space.
Amenities:
Fitness centre, rooftop BBQ, putting greens, and secure underground parking.
Ideal For:
Professionals, budget-savvy travellers, or anyone who needs easy access to Toronto’s corporate core.
Book University Plaza on Corporate Stays
4. Yonge & Sheppard
North York is where urban convenience meets suburban calm, and Yonge & Sheppard is the best of that blend. This building is ideal if you’re bringing a car, want room to spread out, or prefer a quieter pace that still keeps you connected. The subway’s minutes away, and you’re close to top schools, restaurants, and even parks.
The suites here are spacious, whether you opt for the 1-bedroom or the larger 2-bedroom layout. Expect modern finishes, granite counters, walk-in closets, and floor-to-ceiling windows. Private balconies offer a peaceful escape above it all, while generous storage makes extended stays feel effortless.
On-site amenities include a 24-hour concierge, fitness centre, and indoor pool. For families or couples planning to stay a while, this is an excellent place to settle into a slower, more flexible Toronto rhythm.
Location & Vibe:
Safe, clean, and family-friendly neighborhood in North York. Great for drivers and walkers alike, with transit, parks, shopping, and cinemas close by.
Suite Highlights:
Bright, modern interiors with private balconies, in-suite laundry, and optional en-suite bathrooms in 2-bedroom.
Amenities:
Fitness centre, indoor pool, 24-hour concierge, and secure underground parking.
Ideal For:
Families, long-term guests with vehicles, and anyone seeking suburban comfort with city access.
Book Yonge & Sheppard on Corporate Stays
5. Midtown Toronto Apartment
Sometimes, all you want is a little peace, but you don’t want to sacrifice convenience. That’s precisely what this Midtown apartment offers. Located on a private cul-de-sac, it feels miles away from downtown noise but is actually just a short walk to the St. Clair West subway.
This two-bedroom unit feels like a true home, not a corporate suite. It features a large living room, a cozy solarium dining area that overlooks a garden, and a balcony where you can enjoy coffee in the morning sun. It’s ideal for families or friends who want to cook, relax, and feel settled.
With no elevator access, it may not be for everyone, but the charm, privacy, and comfort are hard to beat. Stocked with essentials (from coffee to toiletries), it’s ready for guests who value warmth and tranquillity.
Location & Vibe:
Quiet residential pocket of Midtown. Walkable to transit, near Casa Loma, Little Italy, and The Annex.
Suite Highlights:
Two bedrooms (sleeps 5), a solarium-style dining room, a full kitchen, in-suite laundry, and a garden-facing balcony.
Amenities:
All kitchen appliances, an espresso machine, a stocked bathroom, and home-style living. Ground-level access (no elevator).
Ideal For:
Families, long-stay guests, or anyone wanting a peaceful, home-like stay with quick subway access.
Book Midtown Toronto Apartment on Corporate Stays
Comparison Table: Which Toronto Rental Suits You?
Finding the right place to stay isn’t only about location. It’s also about how well a building suits your routine, priorities, and lifestyle needs. Do you want quick access to transit? Is outdoor space a must? Does having a fitness center or a family-sized layout matter more to you?
The table below compares the five furnished apartments in Toronto to help you make an informed decision.
| Rank | Building | neighborhood | Walk Score | Key Amenity | Avg Monthly Rate (CAD) |
| 1 | 300 Front | Entertainment District | 98 | Rooftop Infinity Pool and CN Tower Views | $4,800 – $6,000 |
| 2 | Studio on Richmond | Queen West | 99 | Steam Room and Yoga Lounge | $4,200 – $5,400 |
| 3 | University Plaza | Financial District | 100 | Rooftop BBQ and Putting Green | $3,800 – $4,800 |
| 4 | Yonge & Sheppard | North York | 90 | Indoor Pool and 24-hour Concierge | $3,500 – $4,500 |
| 5 | Midtown Toronto Apartment | Midtown (St. Clair West) | 85 | Garden-Facing Balcony and Solarium | $3,600 – $4,400 |
Key Insights & Trends
Extended-stay travel in Toronto is shifting. While factors like price and unit size still influence decisions, they are no longer the sole priorities for long-term renters.
Guests are now focused on how their living space performs on a day-to-day basis, specifically how it accommodates remote work, personal time, and the routines of urban life.
Below are three key trends shaping demand for furnished apartments in Toronto
Suites with Private Balconies Rented Faster in 2024–25
Demand for suites with private balconies remained high throughout the year, regardless of season. While balconies have traditionally been seen as nice-to-have features, they are now being treated as functional extensions of the living space. Guests, especially remote workers, have reported using them for everything from morning coffee breaks to making phone calls, taking quick workouts, and enjoying private moments of quiet.
What’s notable is that this preference extended across price points and unit sizes. For guests staying several weeks or longer, the option to step outside without leaving the apartment added a degree of autonomy and comfort that four walls alone couldn’t provide. In densely populated areas, a balcony also served as a buffer from city noise and congestion, offering a semi-outdoor experience without the effort of navigating crowded public spaces.
Walkability Improved Satisfaction Scores
Proximity to daily essentials, groceries, cafes, pharmacies, and public transit was a strong predictor of guest satisfaction. Units located in neighborhoods with Walk Scores above 95 consistently earned higher ratings, both in formal reviews and in direct post-stay surveys. The ability to complete errands on foot and navigate the city without a car reduced stress and helped guests feel more in control of their time.
From a user-experience perspective, highly walkable neighborhoods also encouraged local exploration. Guests were more likely to discover independent restaurants, parks, and cultural venues simply because they were nearby.
This level of casual engagement created a stronger connection to the city and improved the perceived value of the stay. For international travelers or those unfamiliar with Toronto, the simplicity of a walkable setting also reduces the need for transit maps or ride-sharing services.
More Remote-Working Families Chose Uptown Locations
Family travel patterns have undergone significant changes since remote work became more prevalent. In Toronto, this has translated into a growing demand for extended-stay corporate housing units in uptown neighborhoods, particularly areas such as North York and Yonge-Sheppard.
These locations offered larger floor plans, quieter surroundings, and greater access to green space, making them well-suited for families balancing work-from-home schedules with school routines and recreational time.
Another factor was transportation flexibility. Families who arrived by car preferred neighborhoods with accessible parking and easier routes to the city outskirts. Larger units with multiple bedrooms, dedicated office space, and laundry facilities tended to book faster in these areas than similarly priced downtown properties.
The shift reflects a broader trend in extended-stay housing: the increasing need for residential comforts without fully disconnecting from urban infrastructure. As remote work continues to reshape how and where people stay, suburban-urban hybrid areas are playing a larger role in the housing mix.
Conclusion
What makes a stay truly successful isn’t just square footage or proximity to transit; it’s how well your space aligns with how you live, work, and unwind. Across these five short-term rentals in Toronto, the differences are meaningful.
Some guests prioritize a seamless walk to meetings or museums. Others need a quiet layout for remote work or a second bedroom for a visiting partner or child. These distinctions are more than preferences; they directly shape day-to-day ease and overall satisfaction.
Corporate Stays understands that extended stays aren’t one-size-fits-all. Every traveller has different needs. If you’re looking for skyline views and luxury amenities, 300 Front is your match. For culture, walkability, and a creative atmosphere, Studio on Richmond delivers.
If budget is your focus, but you still want core access, University Plaza is a wise choice. Guests requiring more space or those who plan to drive frequently will feel most at home in the Yonge & Sheppard or Midtown Toronto Apartment.
CorporateStays offers flexible leases, fully furnished units, and dedicated support to help you settle in comfortably. Browse availability, compare the best apartment buildings in Toronto, and reach out to receive personalized help in choosing the property that best fits your plans. Your ideal Toronto stay starts with the right space. Let’s find it.
