Toronto Rentals in 2025: Is Furnished or Unfurnished the Better Fit for Your Lifestyle?

Thinking of visiting Toronto anytime soon on work or leisure? If you’re looking to stay for some time, you may consider choosing furnished rentals Toronto over unfurnished apartments. This works if you’re looking to land in the city and move into your accommodation right away without bothering about the setup hassles. Let’s learn more about this below. 

Toronto’s Rental Scene in 2025: What’s Changing?

There’s been a distinct change in the rental scene across Toronto lately. Here are some of the key trends worth noting in this regard. 

• There is steady demand for flexible living options, with travellers looking for more choices and shorter lease terms. 
• The rise of short term rentals in Toronto has completely transformed the rental market in Toronto. Hosts now have to adapt to evolving guest preferences and regulations. 
• At the same time, there is now a clear switch from long term stay hotels Toronto to serviced apartments for extended trips with home-like comfort and hotel-like amenities. 
• There is also a push to scale up rental housing supply with multiple projects and Government incentives working as the key growth drivers in this regard. 
• Technology is playing a key role in enabling people to find, book, and manage their rentals in Toronto. 
• Sustainability and environment-friendly choices are also gaining importance in recent years among travelers. 

For instance, areas like North York are witnessing sizable traction, with this area being a prime zone for investments with robust rental demand and lower vacancy rates. 

Furnished Rentals Toronto: What You Get? 

If you’re looking for furnished apartments in Toronto, there are several inclusions that you can also expect. Some of them include: 

• Fully furnished apartments with beds, sofas, dining tables, and other fixtures. 
• Well-equipped kitchens with all necessary cooking equipment, utensil, and appliances. 
• High-speed Wi-Fi or internet connectivity. 
• Washing machine and dryers along with laundry services on request. 
• Housekeeping and maintenance solutions. 
• Reception, concierge, and support services. 
• Some units also have F&B provisions, balconies with views, parking, elevator access, maid services, rooftop terraces, lounges, meeting areas, work desks, gym and pool access, etc. 

Who Are They Catering To? 

The typical tenant profile includes corporate or business travelers who require dedicated working space, tailored amenities, and a productive yet comfortable environment. Digital nomads and remote workers also find these apartments ideal with their flexible lease terms, high-speed internet, and dedicated work-friendly features. 

Vacationers also appreciate the extra space for everyone (no need to book multiple hotel rooms) and the family-friendly amenities, often at a better rate than what they would get elsewhere. Long-term stayers also appreciate these apartments, if they require temporary housing for a month or longer, without having to set up furniture and other essentials. 

Why Serviced Apartments Make Sense in a Fast-Paced City

This is where the dawn of contemporary Toronto serviced apartments is very important. They are increasingly making more sense for travelers in a fast-paced city. These options come with more flexibility in terms of leases and stay lengths, while offering higher convenience too. You can move in right away without having to bother about appliances, utilities, appliances, and so on. At the same time, the rates are quite reasonable, especially for extended stays, while there are no setup hassles. 

Save time on all these aspects while staying in well-connected and strategic locations. Get more space and privacy than a hotel can ever give you, along with enjoying great amenities simultaneously. Cook meals in your kitchen and do laundry on-site while getting maintenance, housekeeping, concierge, and other services seamlessly as well. Many of these apartments have several add-ons as mentioned above, which considerably enhance your experience. The rates often include maintenance, housekeeping, and utilities, thereby giving you more value for your money. 

Lifestyle Factors to Help You Choose

So, now that you know how a serviced apartment is a great solution for your accommodation needs in Toronto, how do you choose the right one? Here are some pointers that should definitely make it to your checklist. 

• How long you’re staying 
• Flexibility of work
• Personalization preferences, i.e. the configuration, layout, amenities, etc. 
• Budget that you’re willing to spend
• Frequency of relocation 
• Amenities and service 
• Reputation of the provider
• Lease terms and conditions 
• Apartment location and proximity to tourist landmarks, corporate hubs, public transportation, etc. 

Neighborhood Matters: Where Each Option Works Best in Toronto

Now let’s come to the location where you’ll stay in Toronto. It matters immensely, since every neighborhood has its own unique charm and will influence the quality of your stay significantly. The Central areas of the city, i.e. Downtown, Yorkville, Kensington, or even Yonge and Eglinton have higher demand for furnished units due to their strategic location and great amenities. 

Let’s get a brief glimpse of them below: 

• Downtown– There is steadily rising demand for Downtown serviced apartments since the entire zone is a leading business district and is home to numerous entertainment venues as well. You will also find several cultural attractions here, which draw students and young professionals in larger numbers. 
• Yorkville– You will come across multiple Yorkville apartments for rent Torontoand the area is synonymous with fine dining, premium boutiques, and luxury hospitality brands. This draws a more refined segment thatprefers luxurious and upmarket furnished accommodation. 
• Yonge-Eglinton– Young professionals prefer this neighborhood due to its mix of commercial, residential, and entertainment options. You can expect to find a one or 2 bedroom apartment for rent Yonge and Eglintonat reasonable rates. 
• Kensington– There is high demand for serviced accommodation Kensington due to the eclectic nature of the neighborhood. It is famous for its independent stores, alternative cultural landmarks, street art, and more. You’ll love the dynamic and youthful vibe in the area as well. 

Serviced Apartments: The Smart Middle Ground

Serviced apartments function as a suitable middle ground for all your needs as you’ll find. TheSqua.re is a great place to find premium, flexible, and furnished stays at competitive rates. You can expect immaculate service at these apartments along with higher space and comfort. There are excellent amenities on offer along with prime and highly strategic locations in Toronto. Reach out to TheSqua.re right away and compare verified listings before completing your booking seamlessly. 

Final Verdict: Which One Fits Your 2025 Lifestyle?

If you’re looking for the right apartment that fits your 2025 lifestyle, you have to choose between unfurnished rentals or serviced apartments. The latter make for a better choice owing to the combination of flexibility, reasonable rates, good amenities, prime locations, good service, and home-like space and comfort.