Toronto is Canada’s economic engine and cultural melting pot - a city of distinct neighborhoods, lakeside views, and a tech scene often dubbed "Silicon Valley North." For digital nomads and newcomers, "The 6ix" offers a safe, vibrant, and cosmopolitan lifestyle with incredible food and connectivity. However, the rental market is notoriously difficult, with vacancy rates hovering near zero and fierce bidding wars for standard apartments.
Coliving operators in Toronto offer a vital bypass to this stressful system. They provide fully furnished, "move-in ready" homes that skip the need for credit checks, furniture shopping, and utility setups. Whether you need a room in a converted Victorian home in The Annex or a high-tech suite in a Liberty Village tower, these operators handle the logistics so you can focus on living.
While you can rent a basement apartment, the "Coliving Premium" here buys you light, design, and instant community in a city where making friends can sometimes take time. The list below covers the top operators you need to know.
For a quick overview of the best options, here is the full list at a glance:
Top Toronto Coliving Companies (Quick Reference)
- Mimos: A community-first coliving operator transforming houses into "family-style" shared homes for professionals in The Annex.
- Nest Coliving: (Nest Co-Living) A boutique operator offering themed private rooms and suites in shared residential homes in Midtown.
- Harrington Housing: A major flexible housing provider with affordable rooms in luxury high-rise condos downtown.
- Parkside: A premium student residence that doubles as a high-amenity coliving space for young people on Carlton Street.
- Socialable Homes: (Sociable Living) An innovative affordable housing initiative converting office/retail space into community living.
- FoxyHome: A sustainable, boutique operator offering modern, energy-efficient units in multiplexes in The Junction.
- SVNTY: A luxury rental community in West Queen West offering hotel-style amenities and social spaces at 70 Ordnance St.
- Novus: A high-end rental community in Liberty Village designed for flexible, amenity-rich urban living.
- VanMates Accommodation: A student and young professional housing provider specializing in shared accommodation placement.
- LiwinCo: A housing provider offering furnished rooms and student apartments in key downtown locations near universities.
- Furnished Quarters: A corporate housing provider offering design-led furnished apartments for stays of 30+ days.
- Blueground: The global leader in turnkey flexible living, offering premium apartments for mid-to-long term stays.
Mimos
Mimos Coliving focuses on "intentional community," turning large residential houses into warm, family-style homes. They curate residents to ensure shared values, making it perfect for those seeking genuine connection over just a place to sleep.
Location: Operates multiple houses in The Annex and Little Italy, placing residents in some of Toronto's most walkable and historic neighborhoods.
Website: https://mimoscoliving.com
Pricing: Affordable pricing typically ranges from $1,200 to $1,600 CAD per month, offering excellent value for the central locations.
Deposit: Standard first and last month's rent is required. This aligns with standard Ontario rental practices but without the need for strict credit checks.
Rental Terms: Flexible terms from 1 to 6 months are standard. This structure is ideal for newcomers wanting to test the city before signing a year lease.
Amenities: Includes weekly community dinners and shared chores. Residents enjoy fully furnished common areas designed to foster daily social interaction.
Nest Coliving
Nest Co-Living (Nest Host) offers a mix of private rooms and suites within shared houses, often with unique themes like "Banff" or "Tofino." It bridges the gap between a guesthouse and a long-term rental, providing privacy within a shared structure.
Location: Properties are located in Scarborough, Midtown, and North York. These spots offer quieter, residential environments with good transit links to downtown.
Website: https://www.nestco-living.ca
Pricing: Rooms start from ~$950 - $1,100 CAD/month. Suites with private bathrooms can range higher, up to $2,500 depending on size.
Deposit: Standard deposit applies. Booking processes are streamlined for efficiency and ease of access.
Rental Terms: Flexible terms are available. They cater to students and working professionals needing mid-term stability.
Amenities: Features smart TVs and keyless entry. Many suites include fully equipped kitchens and some offer private balconies.
Harrington Housing
Harrington Housing is a massive player in the flexible living space, specializing in "flex-living" within luxury condo towers. They rent multi-bedroom units in high-end buildings and lease individual rooms, giving you access to gym/pool amenities for a fraction of the cost.
Location: Concentrated in the Downtown Core at locations like 561 Sherbourne St and Wellesley St. They target high-density areas near universities and transit.
Website: https://harringtonhousing.com
Pricing: Affordable luxury with rooms ranging from $1,300 to $1,800 CAD per month. This provides access to premium building facilities at a room-rental price.
Deposit: Standard deposit is required. The process is professional and managed through their central leasing office.
Rental Terms: Weekly to Monthly flexibility is a key feature. Leases are designed for students and young professionals who need agility.
Amenities: Residents access building gyms, pools, and concierges. The units themselves feature large screen TVs, high-speed Wi-Fi, and weekly cleaning options.
Parkside
Parkside Student Residence is technically for students, but its quality and amenity list make it a de facto coliving space for young interns and learners. It offers a structured, safe, and highly social environment with meal plans available.
Location: Located at 111 Carlton Street, steps from TMU (Ryerson) and Allan Gardens. It is perfectly positioned for students and downtown interns.
Website: https://parkside.ca
Pricing: Mid-to-High rates starting from approx $1,700 CAD per month (often quoted per academic term). Rates typically include utilities and meal plans.
Deposit: Standard deposit applies. Booking follows a typical student residence application process.
Rental Terms: Academic Year contracts are standard. However, flexible short stays are frequently available during the summer months (May-August).
Amenities: Features a 24-hour fitness center and dining hall. Residents also enjoy gaming lounges, study rooms, and regular organized social events.
Socialable Homes
"Sociable Living" (often associated with Smart Density projects) is an initiative creating deeply affordable, community-focused housing. They transform underutilized spaces into co-living hubs, prioritizing social interaction and affordability in the downtown core.
Location: Projects target Richmond St W and other central zones. They focus on converting commercial or underused spaces into residential hubs.
Website: Search "Sociable Living Toronto" for current projects. Availability is often managed through specific application portals or waitlists.
Pricing: Deeply Affordable target rents. The model is designed to provide housing below standard market rates for the city center.
Deposit: Standard deposit terms apply. Geared towards accessibility for young residents.
Rental Terms: Long-term focus. Designed to build stable communities rather than transient stays.
Amenities: Shared communal floors encourage interaction. The design prioritizes passive social contact to combat urban loneliness.
FoxyHome
FoxyHome offers boutique, sustainable living spaces in converted multiplexes. They focus on energy-efficient, modern renovations that feel like home rather than a corporate dorm. It attracts eco-conscious professionals.
Location: Located in Central Toronto neighborhoods like The Junction and Little Italy. These areas are known for their vibrant local culture and walkability.
Website: https://www.foxysuites.com
Pricing: Mid-Range pricing typically starts from $1,850+ CAD per month. Rent reflects the high quality of the sustainable renovations.
Deposit: Standard deposit required. Terms are professional and transparent.
Rental Terms: Flexible terms available. Ideal for environmentally conscious tenants seeking a modern, low-impact home.
Amenities: Features energy-efficient appliances and smart layouts. Units come furnished with modern interiors and sustainable materials.
SVNTY
SVNTY is a lifestyle-led rental community in West Queen West. It operates more like a high-end hotel than a typical apartment block, offering curated social spaces and resident events. It caters to the "work hard, play hard" demographic.
Location: Located at 70 Ordnance Street, in the Liberty Village / West Queen West area. A prime spot for young professionals in tech and media.
Website: https://svnty.ca
Pricing: Premium rates, with studios starting from ~$2,125+ CAD per month. Pricing includes access to extensive building amenities.
Deposit: Standard deposit applies. Managed by professional property management firm BGO Living.
Rental Terms: Flexible leasing options. They cater to modern professionals who value convenience and lifestyle services.
Amenities: Includes an on-site concierge, party room, and fitness center. Residents also receive special offers with local partners like Altea Active.
Novus
Novus offers a refined rental experience in Liberty Village. It is a "purpose-built rental" community that emphasizes service and flexibility. The vibe is sleek, modern, and professional, ideal for digital nomads who want a high-spec home base.
Location: Located at 11-25 Ordnance Street, Liberty Village. It sits in the heart of Toronto's tech and creative hub.
Website: https://rentnovus.com
Pricing: Premium pricing, with 1-bedroom units starting from ~$2,350+ CAD per month. Rents reflect the high-end finishes and location.
Deposit: Standard deposit is required. The building is professionally managed with a focus on tenant satisfaction.
Rental Terms: Flexible lease terms. Designed for residents who want a hassle-free, long-term luxury rental experience.
Amenities: Features a sky lounge, coworking spaces, and pet spa. The building is specifically designed for remote work and social wellness.
VanMates Accommodation
VanMates acts as a bridge for international students and young professionals, placing them in shared accommodations across the city. They simplify the process of finding a room by vetting properties and handling the matching process.
Location: City-wide network. Popular locations include The Annex and areas near transit hubs like Bloor-Yonge.
Website: https://vanmates.com
Pricing: Affordable rates range from $1,100 to $1,550 CAD per month. Pricing depends on the specific neighborhood and room type.
Deposit: Standard deposit required. They guide international students through the payment process.
Rental Terms: Flexible terms. Designed to accommodate semester stays and working holiday visas.
Amenities: Furnished rooms and placement support. They offer a "soft landing" service to help with the logistics of arriving in Canada.
LiwinCo
LiwinCo is a housing provider offering furnished rooms and apartments, specifically targeting students and young professionals. They operate units in key downtown locations near universities, offering a straightforward rental experience.
Location: Located at 20 Edward St and 50 Wellesley St E. These spots are steps away from TMU and UofT campuses.
Website: https://liwinco.com
Pricing: Mid-Range pricing starts from ~$255 CAD per week (approx $1,100/mo). Rates vary based on room privacy and size.
Deposit: First & Last Month rent is standard. This secures the lease for the academic term.
Rental Terms: Flexible and Academic terms. Tailored to align with university schedules but open to young professionals.
Amenities: Residents often have access to building gyms and pools. Rooms come fully furnished, simplifying the move-in process.
Furnished Quarters
Furnished Quarters is a corporate housing provider offering design-led apartments. They are less "social coliving" and more "turnkey home," perfect for business travelers or nomads who need a high-quality, private workspace and apartment from day one.
Location: Properties in Yorkville and the Financial District. These prime locations offer luxury and convenience for business travelers.
Website: https://www.furnishedquarters.com
Pricing: Premium corporate rates. Pricing is on request and geared towards business budgets.
Deposit: Standard. Credit card holds are typically used for security.
Rental Terms: 30-day minimum stay. This complies with local regulations while offering flexibility for mid-term projects.
Amenities: Includes 24/7 guest service and housekeeping. Apartments feature bespoke furnishings and fully equipped kitchens.
Blueground
Blueground is a global prop-tech leader offering professionally furnished apartments for flexible stays. Their Toronto portfolio includes units in the city's best buildings. They offer a reliable, standardized experience with app-based support.
Location: Units in South Core, Wellington Place, and Yorkville. They select high-demand, modern buildings with excellent amenities.
Website: https://www.theblueground.com
Pricing: Premium pricing, with studios starting from ~$2,500+ CAD per month. Rates include furniture, app support, and utilities.
Deposit: Varies by booking. Corporate clients often enjoy flexible deposit terms.
Rental Terms: Monthly terms (1-12 months). Perfect for those who want to avoid purchasing furniture or signing year-long leases.
Amenities: Designer furniture and welcome kits. Residents manage cleaning and maintenance requests easily via the Blueground app.
Navigating Toronto's rental market requires strategy, speed, and a clear understanding of your own needs. The city's vacancy rate is notoriously low, often under 1.5%, which means competition for standard private rentals is fierce. Coliving is not just a lifestyle choice here; it is a strategic advantage. By choosing an operator, you bypass the dreaded "bidding wars," credit checks, and the need to buy thousands of dollars worth of furniture for an apartment you might only be in for six months.
- Location Strategy: If you are in finance or tech, living in Liberty Village (Novus, SVNTY) or the Financial District (Blueground) puts you walking distance from work and the best happy hours. If you crave a more bohemian, neighborhood feel with great coffee and bookstores, look at The Annex (Mimos) or Little Italy (FoxyHome).
- The "Winter" Factor: Never underestimate a Canadian winter. When booking a coliving space, explicitly ask if heating and electricity are included in the rent. Operators like Harrington Housing, Blueground, and Mimos typically bundle these costs. In a private rental, heating a drafty Victorian home in February can add $200+ to your monthly bills - a cost you completely avoid with all-inclusive coliving.
- Community vs. Privacy: If you are new to the city and feeling isolated, Mimos offers the deepest community experience with its intentional "family dinners" and shared values. If you prefer the anonymity and luxury of a hotel but need a lease, Blueground or Furnished Quarters are your best options.
- The Student Hack: Don't overlook Parkside or LiwinCo just because they are "student-focused." Many of these operators accept young professionals and interns, especially during the summer (May-August), offering access to incredible gyms and social spaces that you would never find in a typical basement apartment.
Want to get your coliving space listed? Contact us to be featured in this guide.