With the dog days of summer coming to a bittersweet end, it's almost time for students to head back to school -- albeit a bit differently than in previous years.


And, after months of online classes, many universities and colleges will once again be offering in-person learning (with proof of vaccination) for those attending, including the University of Toronto and York University.

Going to university and college is already expensive. Between tuition, textbooks, and living expenses (not to mention beer) there isn't always much wiggle room in the budget. Tack on pandemic-related expenses and students will be looking for any way to save money this year.

With the return to 'normalcy' looming, many students will be looking for places to live closer to campus, and for those still trying to figure out where they're going to live during the upcoming semester, there are a number of rentals in Toronto that are not only close to campuses but also offer great incentives for students.

READ: Toronto Rental Market Recovery Sparks Bidding Wars, Rising Rents

If you're still trying to decide if you want to commute to class or live nearby, read on to learn about four Toronto rentals courtesy of our friends at Rentals.ca offering great deals for students that might entice you to chose the latter option.

320, 326, 330, 340, 342 Avenue Road

students342 Avenue Road/Rentals.ca

Specs:

  • Bedrooms: 1
  • Size: 322-659-sq.ft
  • Price: From $1,399 to $2,169
  • Utilities: Water included
  • Incentive: New tenants will receive two months of free rent when they sign a 14-month lease

If you're looking for character and charm, look no further than this group of buildings on Avenue Road. Located midway between St. Clair and Dupont, these properties offer all of the advantages of an enviable neighbourhood surrounded by parkland (Roycroft and Conacher) as well as a great mid-town Toronto location. Offering beautifully renovated 1-bedroom suites with modern kitchens, these buildings are a 20-minute walk, eight-minute subway ride, or five-minute bike ride from U of T's St. George campus.

50 Spadina Road

students 50 Spadina Road/Rentals.ca

Specs:

  • Bedrooms: 1-2
  • Size: 574-1,372-sq.ft
  • Price: From $2,121 to $3,496
  • Utilities: Water and heating included
  • Incentive: Tenants will receive one month of free rent when they sign a 13-month lease (6-month lease terms are also available)

This renovated apartment building is prime for U of T students and is just steps from the Bloor-Spadina subway line. With spacious one and two-bedroom units available to rent, these apartments are great for those looking to live alone or with a roommate. Each suite features upgraded kitchens and bathrooms, granite countertops, stainless steel appliances, hardwood flooring, and ensuite laundry. Residents can also enjoy great amenities like an onsite gym, a social room, and a very well-equipped games room. The building is a quick 10-minute walk, a seven-minute transit ride, or a five-minute bike ride from U of T's St. George campus.

70 Spadina Road

students70 Spadina/Rentals.ca

Specs:

  • Bedrooms: 1-2
  • Size: N/A
  • Price: From $1,714 to $2,599
  • Utilities: Heating included
  • Incentive: New tenants will receive one month of free rent and internet when they sign a lease

You'll live in the heart of the Annex and a prime location for university students. The building offers bright and spacious one and two-bedroom units with updated kitchens, stainless steel appliances, ceramic and hardwood floors, and indoor and outdoor parking. U of T is an 11-minute walk, four-minute bike ride, or a seven-minute transit ride away.

3250 Keele Street

students 3250 Keele Street/Rentals.ca

Specs:

  • Bedrooms: 1
  • Size: N/A
  • Price: From $1,400 to $1,650
  • Utilities: Water included
  • Incentive: New tenants will receive one month of free rent when they sign a lease

This recently renovated apartment building features bright and clean units that have been freshly painted and feature hardwood flooring, spacious balconies, and on-site laundry. The building is great for York University students as the main campus is 15-minutes away by car or transit or a 30-minute walk. Tenants can complete their day-to-day shopping easily on Keele Street, but for specialty shopping, head over to Yorkdale Shopping Centre, which is within a 10-minute drive.

Renting