Medium-Term Rental Management Toronto
Welcome to Full Home, your premier choice for medium-term rentals in Toronto. We offer a diverse selection of fully furnished apartments, designed to provide a comfortable and convenient living experience for those seeking a temporary home in the city for a few months.
Overview
- 10+ Years Managing Medium-Term Rentals
- 5 Star Client + Guest Reviews
- Airbnb Superhost Status
- Cleaning + Home Inspections
- 24/7 Guest Messaging + Maintenance
The Advantage of Medium-Term Rentals in Toronto
Medium-term rentals, also known as month-to-month or short-term rentals or executive rentals, offer a perfect balance between flexibility and stability. They’re an ideal solution for professionals on extended work assignments, individuals in the process of relocating, or anyone needing a temporary residence for a few months. At Full Home, we go beyond just providing a place to stay. Our comprehensive property management services ensure a seamless living experience, allowing you to truly enjoy your time in Toronto.
Comprehensive Property Management Services
At Full Home, we’re committed to making your medium-term stay as comfortable and hassle-free as possible. Our property management services cover everything from maintenance to customer support, ensuring a seamless living experience.
24/7 Customer Support
We’re here for you, day or night. Our dedicated customer support team is always ready to assist, whether you have a maintenance request, need help with your utilities, or have questions about local amenities. We understand that each tenant has unique needs, and we’re committed to providing personalized service to ensure your satisfaction.
Regular Maintenance and Repairs
We believe in proactive maintenance to keep your apartment in top condition. Our team conducts regular inspections and prompt repairs, ensuring a comfortable living environment throughout your stay. From minor fixes to major repairs, we handle it all so you can focus on enjoying your time in Toronto.
Talk To Our Toronto Medium-Term Rental Manager. Get Stress-Free! Get Started.
Frequently Asked Questions
What is included in the medium-term rental?
Our medium-term rental includes all utilities such as electricity, water, and high-speed internet. It also covers access to all building amenities, maintenance, and 24/7 customer support. We aim to provide a comprehensive package that meets all your living needs.
How does the property management service work?
Our property management service takes care of all aspects of your stay, from the moment you move in until you leave. We handle maintenance, provide customer support, and ensure a hassle-free living experience. We also offer Toronto Airbnb management services, providing a similar level of care and attention to our Airbnb guests.
Can I extend my medium-term rental?
Absolutely. We understand that plans can change, which is why we offer the flexibility to extend your stay. Please contact our team as soon as possible to discuss your extension options.
What if I have an issue during my stay?
Our 24/7 customer support team is always ready to assist. Whether it’s a maintenance issue or a question about your rental, we’re here to help.
Some interesting stats on medium term rentals in toronto
Vacancy Rate and Rent Increase (2020)
- The overall vacancy rate for Canada’s Census Metropolitan Areas (CMAs) increased from 2.0% in 2019 to 3.2% in 2020.
- The average rental rate for a 2-bedroom apartment in these CMAs increased from $1,113 in 2019 to $1,165 in 2020, marking a 3.6% increase. Source
Rent Arrears (2020)
- Due to the impact of the COVID-19 pandemic, rent arrears increased nationally. Among the apartment structures with rents in arrears:
- 32.5% reported their arrears rate as similar to 2019.
- 58.3% reported a higher arrears rate.
- 9.2% said arrears were lower compared to 2019.
- In Toronto, the arrears rate was the highest among Canada’s CMAs, with 10.68% of units (34,858) in arrears, representing approximately $55 million in rent in arrears. Source
- Due to the impact of the COVID-19 pandemic, rent arrears increased nationally. Among the apartment structures with rents in arrears:
Reluctance to Move (2020)
- Nationally, 14.0% of rental dwellings welcomed a new household between the last two rental market surveys, a decrease from 2019’s turnover rate of 17.3%. This decline is likely due to the reluctance of households to search for and visit new apartments or move during the COVID-19 pandemic. Source
Affordability of Rentals
- In Toronto, just 0.2% of the rental universe is affordable to renter households in the first income quintile. This means that households earning less than $25,000 annually would need to find an apartment renting for less than $625 a month to be considered affordable. Source
Recent Rental Prices (Q2 2023)
- The average rent for a one-bedroom condo apartment in Toronto was $2,532, marking an 11.6% increase compared to Q2 2022.
- The average rent for a two-bedroom apartment increased by 9.2% over the same period to $3,264. Source
Experience Medium Term Rentals In Toronto with FullHome.ca
Ready to explore Toronto with a medium-term rental? Contact us today to learn more about our properties and property management services. At FullHome.ca, we’re dedicated to making your stay in Toronto as comfortable and enjoyable as possible.
