What Are Medium-Term Rentals?
Medium-term rentals are furnished homes or condos leased for 30 days to 6 months—the sweet spot between nightly Airbnb-style stays and traditional one-year leases. They’re perfect for people who need a place longer than a vacation but don’t want to commit to a full-year lease.
Toronto’s housing market, with its constant flow of newcomers, corporate relocations, and transitional homeowners, makes medium-term rentals more relevant than ever.
Who Are Medium-Term Rentals For?
Corporate Relocations & Work Assignments
When employees relocate for a project or work assignment, staying in a hotel for months can be expensive—and uninspiring. Medium-term rentals offer a home-like alternative with full kitchens, private living spaces, and flexible terms.
Looking for an example? Check out this fully furnished 3-bedroom in Toronto, perfect for corporate relocations.
Homeowners Renovating or Between Homes
If you’re remodeling your home—or selling one place while waiting for another to close—a medium-term rental keeps you comfortable during the transition. Think of it as a stress-free way to ride out those noisy renovations or delayed closings.
Extended Visits & Medical Stays
Some families need to be in Toronto for months at a time—whether for specialized medical treatment, supporting a loved one, or even “test-driving” the city before making a permanent move. Medium-term rentals make these longer stays convenient and comfortable.
Why Toronto is Perfect for Medium-Term Rentals
Strong Demand from Relocations
Toronto is Canada’s corporate and financial hub. With global companies moving employees in and out of the city, demand for fully furnished, flexible housing remains high—even as overall rents have cooled slightly in 2025.
Tight Hotel Supply & Rising Costs
Extended hotel stays can feel cramped and costly. Medium-term rentals often provide more space for less money, plus practical perks like full kitchens and in-suite laundry.
Investor Opportunity
For investors, medium-term rentals can be a sweet spot:
- Higher nightly rates than long-term leases
- Fewer regulatory headaches than short-term rentals (and less turnover chaos)
What to Look for in a Medium-Term Rental
Whether you’re renting or investing, here’s what makes a great medium-term property:
- Fully furnished with quality essentials (not just mismatched leftovers)
- All-in pricing – utilities, Wi-Fi, and parking included
- Great location – near transit, corporate hubs, or hospitals
Considering a Medium-Term Rental?
If you need temporary housing for work, renovations, or a life transition, a medium-term rental could be the perfect fit. Explore this fully furnished 3-bedroom Toronto rental, ideal for corporate stays or relocations and experience how seamless a temporary move can be.
Ready to Find Your Medium-Term Rental?
Whether you’re relocating for work, waiting on a new home to close, or just need a comfortable place during renovations, we can help you secure the right space. Contact the Toronto Livings Team today and let’s find you a rental that feels like home—even if it’s only for a few months.
