Apartments for Rent in Westminster, Toronto, ON

Westminster, Toronto apartment availability

Westminster's rental market offers a good selection of listings, with an average of 26 rentals available each month. The neighborhood's rental inventory is comprised mostly of 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom units and studios also available. Many of these apartments offer desirable amenities, including assigned parking and garage parking, which are available in approximately 58% and 64% of rentals, respectively. Additionally, over half of Westminster's rentals are pet-friendly, allowing small dogs. This makes Westminster a great option for renters with pets who value convenience and accessibility.

Westminster, Toronto rental market trends

The Westminster neighborhood in Toronto has experienced a significant shift in rent prices in 2024. The average monthly rent across all property types has decreased by 100% year-over-year, averaging $2,793 per month. This downward trend is consistent across all bed types, with 1-bedrooms averaging $2,266, 2-bedrooms averaging $2,891, 3-bedrooms averaging $3,359, and studios averaging $2,110.

In terms of seasonality, November is the most expensive month to rent in Westminster, with prices 9% higher than in May, the least expensive month. Renters looking for a deal may want to consider searching in May, when prices are lower and there may be more units available. Overall, the rental market in Westminster appears to be a renter's market, with significant decreases in prices across the board.

Why Westminster, Toronto is a great place to live

Westminster stands out as a hub for those prioritizing social life and environmental sustainability.

The neighborhood's high transit score, frequent transit options, well-developed street infrastructure, and excellent walk score make it easy to get around without a car, contributing to a vibrant social scene. Additionally, the area's focus on safety ensures that residents can enjoy the local amenities without worry.

For the eco-conscious, Westminster is a haven, with a strong emphasis on sustainable living. Many homes feature non-toxic paint, waste recycling and composting programs, rainwater harvesting systems, and sustainable materials in construction. Community solar projects and the use of low-flow fixtures and thermostats further reduce the area's environmental footprint. Overall, Westminster offers a unique blend of social connectivity and environmental responsibility, making it an attractive choice for like-minded residents.