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Blog 5 Neighbourhoods 5 Best Off-Campus Housing for Toronto School of Management Students

Best Off-Campus Housing for Toronto School of Management Students

12 min read
Brad Byrne

Brad Byrne

Creative Content Writer at liv.rent

Published on October 16, 2024

Students at the Toronto School of Management (TSOM) like any other college will be on the lookout for off-campus housing long before they dive into their studies. At liv.rent, Canada’s safest all-in-one rental platform, we’re here to help and give you some peace of mind. This guide has you covered all things about off-campus living in Toronto. We’ll break down the best neighbourhoods for TSOM students based on proximity, convenience, and local amenities—so you can settle in somewhere that suits your lifestyle and keeps your focus on your studies.


Find your perfect off-campus housing

Looking for off-campus accommodation? Search verified rooms, sublets, and apartments for rent near TSOM from trusted landlords.


TSOM off-campus housing overview


Types of accommodation

In Toronto, these are the typical types of places that are available to rent:

Students will likely either live on their own or with roommates. In a city like Toronto, many TSOM students will end up living in shared accommodations.

Looking for a place to share

If you’re looking for a room in a shared space that’s perfect for students, then your first place to check should be liv.rent’s listings. You can use the convenient map tool to find a place that’s close to campus, using the search filter “Room” under “Housing Type” to look at all the available places in the area.

FREE Roommate Agreement Template: Download Here

Looking for a roommate

Off-campus students at TSOM looking for roommates can post their available rooms for rent on liv.rent for free. Plus, the 100% digital platform means that you can connect with a roommate safely and easily, entirely online. We take security very seriously and have a strict verification process so you know can have peace of mind with your rental.

Another great place to look for roommates is on liv.rent’s Toronto Facebook Group. Here, you can connect with other TSOM students seeking off-campus housing within a safe, moderated group.


Average rent in Toronto

Not sure about what area would be best to start your search? We’ve compiled data on average rental prices within the GTA as of October 2024. For the latest numbers as well as more statistics and figures for different areas within the GTA, be sure to check out our latest rent report.

average rent for unfurnished one, two and three bedroom units in the Greater Toronto Area - broken down by city/municipality for the October 2024 liv rent report

Toronto transit

Toronto offers several convenient transit options for students commuting to the Toronto School of Management. The TTC’s subway, streetcars, and buses provide easy access to the downtown campus from across the city. GO Transit’s regional trains and buses make commuting from the GTA simple for students in the suburbs. Plus, students can take advantage of the TTC’s Post-Secondary Monthly Pass, offering discounted travel, and GO Transit’s student fares, which provide savings for full-time students commuting to Toronto.


Best neighbourhoods for renters near TSOM Toronto Campus

It’s ultimately up to you if you want to live as close to campus as possible or sign on for a longer commute for potential rent savings. Here are a few neighbourhoods that are the most popular with students because they’re nearby to campus or have particularly easy access to transit options:

  • Downtown Toronto
  • Queen West
  • Kensington Market
  • Church-Wellesley Village
  • Cabbagetown

Best neighbourhoods for renters near TSOM


Downtown Toronto

While some areas can be pricey, the western part of downtown offers more affordable options. Look for shared accommodations or smaller apartments that fit a student’s budget while keeping you close to campus.

Types of accommodation in Downtown Toronto

In Downtown Toronto, you’re mostly going to find apartments for rent, and many of them are new and in good condition. This area is close to the downtown core making it an extremely popular destination for students seeking an active lifestyle in Toronto.

Average monthly rent in Downtown Toronto

  • One-bedroom apartment — $2,320
  • Two-bedroom apartment — $2,956
  • Three-bedroom apartment — $3,600

Transportation in Downtown Toronto

Students can easily access the TSOM campus via TTC subway and bus services, which provide quick routes, while biking is also a viable option with many bike lanes throughout downtown.

Downtown Toronto amenities

The area is rich in local amenities, featuring numerous cafes, restaurants, and shops perfect for dining and socializing. Additionally, it’s close to cultural venues like the Art Gallery of Ontario and offers parks like Grange Park for outdoor relaxation and study sessions.

Queen West

Queen West is known for its trendy vibe and energetic atmosphere, making it an appealing choice for students seeking budget-friendly rental options.

Types of accommodation in Queen West

Here, accommodation is mostly shared houses and apartments, along with budget-friendly lofts and studios.

Average monthly rent in Queen West

  • One-bedroom apartment — $2,513
  • Two-bedroom apartment — $2,915
  • Three-bedroom apartment — $4,099

Transportation in Queen West

Transport to TSOM is convenient, with TTC streetcars and buses providing direct routes. Biking is also popular here, supported by bike-sharing programs available throughout the neighbourhood.

Queen West amenities

Queen West is bustling with amenities, including a diverse array of cafes, boutiques, and art galleries. Students can enjoy music venues and nightlife spots for social activities, along with grocery stores and farmer’s markets for fresh food options.

Kensington Market

Kensington Market is celebrated for its unique character and diverse community, making it an excellent choice for students looking for a lively, budget-conscious living experience.

Types of accommodation in Kensington Market

This neighbourhood offers a variety of affordable rental options, particularly in shared accommodations, small studio apartments, and room rentals in multi-bedroom units.

Average monthly rent in Kensington Market

  • One-bedroom apartment — $2,163
  • Two-bedroom apartment — $3,204
  • Three-bedroom apartment — $3,546

Transportation in Kensington Market

The area provides convenient transport options to TSOM, with TTC buses and streetcars facilitating easy access. Biking routes and walkable streets enhance accessibility, making it easy to navigate.

Kensington Market amenities

Local amenities in Kensington Market include a vibrant mix of international grocery stores and cafes, along with regular community events and markets that foster a sense of belonging. Students will appreciate the unique shops and vintage stores that add to the area’s charm.


Church-Wellesley Village

Church-Wellesley Village offers a mix of affordable and mid-range rental options, making it accessible for students seeking budget-friendly living.

Types of accommodation in Church-Wellesley Village

Accommodations here typically include shared apartments, studio and one-bedroom rentals, and converted houses offering rooms for rent.

Average monthly rent in Church-Wellesley Village

  • One-bedroom apartment — $2,424
  • Two-bedroom apartment — $3,184
  • Three-bedroom apartment — $4,757

Transportation in Church-Wellesley Village

The neighbourhood is well-connected, with TTC subway and bus services providing easy access to TSOM.

Church-Wellesley Village amenities

Church-Wellesley Village is known for its inclusive community, with plenty of local amenities within walking distance. Students will find various cafes, restaurants, and shops, along with community events that foster a sense of connection. This vibrant area also features parks and recreational spaces, making it an inviting place for students to call home.

Cabbagetown

Cabbagetown is a charming neighbourhood known for its historic Victorian homes and quiet, community-focused atmosphere. It offers a more laid-back environment while still being close to downtown Toronto, making it a great choice for students seeking affordable living with a strong sense of community.

Types of accommodation in Cabbagetown

Cabbagetown offers a range of affordable accommodation options, including shared houses, room rentals in converted Victorian homes, and smaller studio or one-bedroom apartments. The area is especially popular for students looking to rent a room in a multi-bedroom home or share an apartment to reduce costs.

Average monthly rent in Cabbagetown

  • One-bedroom apartment — $2,498
  • Two-bedroom apartment — $2,989
  • Three-bedroom apartment — $4,439

Transportation in Cabbagetown

Commuting to the Toronto School of Management (TSOM) is convenient, with TTC buses and streetcars providing direct access to downtown. The neighbourhood is also bike-friendly, and for students who enjoy walking, it’s only a short distance to the downtown core.

Cabbagetown amenities

Cabbagetown boasts a variety of local amenities that appeal to students, including cozy cafes, small restaurants, and independent grocery stores. Riverdale Park and the Don Valley trails offer green spaces for outdoor activities and relaxation. The neighbourhood is also home to a vibrant arts and cultural scene, with events and community activities happening regularly, making it a great place for students to unwind and connect with others.


How to find off-campus rental housing with TSOM’s rental website

Finding the right off-campus housing can feel overwhelming, but the right rental platform can simplify the process. Designed specifically for TSOM students, the off-campus housing platform has everything you need to secure safe, affordable housing. From budget-friendly apartment listings to tools for finding trustworthy roommates, they take the hassle out of your housing search. In this section, we’ll dive into the standout features of a student-focused rental platform as well as how you go through our verification process and what you need to do if you want to apply with some friends as a group.

TSOM Off-Campus must-know core features

Let’s take a look at some of the key features on offer so you can search effectively and find your perfect rental stress-free.

  • Walking distance calculator: All listings included on the TSOM site will automatically calculate how long it will take you to walk from your chosen listing to the Toronto campus of TSOM. This will cut down on you having you swap back and forth between countless tabs saving you time.
  • Grocery store & other essentials: We have taken the liberty of preselecting a number of local necessities like local food options, grocery stores and much more so that people who aren’t familiar with the area instantly know what options they have in their local neighbourhood.
  • Featured listing: We have curated a selection of featured listings that are all near the TSOM campus, that way you can just pick your favourite one.

TSOM Off-Campus housing verification process

The liv.rent verification process has been put in place to ensure that everyone who uses a platform powered by liv.rent can have peace of mind. It ensures that you can feel safe as a renter, especially in a new city.

We cover everything you need to know about our verification process in this blog but the two ways that you can become verified as a renter are:

  1. Phone number/carrier verification – When a user signs up, we verify the phone number to their carrier. If a number is flagged as spam or suspicious, our team is notified to investigate further.
  2. Tenant ID – Government-issued ID is required to verify every user profile. When users upload a picture of their ID, we cross-reference the names on the ID and their profile to ensure they match. Once the verification process is complete, our system immediately removes the government-issued ID and all copies of authentication information in a secure manner.

Applying as a group for TSOM Off-Campus housing

When looking to apply for a listing as a group there are some important things to consider. In this section, we highlight what you need to know to give you the best chance of landing your dream rental. There are two ways that you can apply for a listing as a couple or group with liv.rent:

  1. One primary applicant: In this arrangement, one person from the couple or group will take on the role of the primary applicant and can add others as roommates on the rental application. However, it’s important to note that a majority of landlords would still require everyone to submit an application to screen and not just rely on a primary applicant.
  2. All applicants are added to the lease: Alternatively, all members of the group can be individually listed on the lease agreement through liv.rent. For renters, they can each individually submit their application which will present the landlord with the opportunity to vet them with our Trust Sore verification process. Landlords who choose to vet tenants externally can also add tenants via the applicant list or through the “add new tenant” section.

Tips on how to find & secure off-campus rental housing


How to avoid rental scams in Toronto

Unfortunately, rental scams in Toronto are out there, but luckily you can protect yourself. Know your rights as a renter and use a trusted rental platform. Here are some of the most common scams to look out for:

  • Scam #1 Rent is too low
    If the rental rate seems shockingly below the rental average for the city, it could be a fake listing.
  • Scam #2 Urgent cash demand
    Renters don’t have to pay for anything until a lease is signed. So, if someone’s pressuring you to send cash now, don’t do it.
  • Scam #3 Too much info
    Until you’re 100% ready to move forward with a lease, you’re not obligated to share your bank account or SIN number.
  • Scam #4 Not enough details
    While some smaller landlords may withhold unit numbers for privacy, you should know the exact address of the unit you’re looking at. without that info, it could be a scam.

Pro tip: rent from ID-verified landlords on liv.rent to avoid scams.


Be smart with your rental search

  • Tip #1 Know your needs
    List of your priorities: pricing, location, amenities, lease duration, pet policy, etc. Use liv.rent filters to narrow your search. 
  • Tip #2 Do your research
    Find out the average rent in your target area. It’ll arm you with the necessary info to negotiate terms & rates.
  • Tip #3 Google the property
    See if there are any complaints online regarding building management, maintenance, noise, neighbourhood, etc.
  • Tip #4 Video tours first
    If possible, view video tours first. Then, narrow down your selection and book viewings only for places you’re seriously considering. 

Tips to improve your search

  • Tip #1 Don’t be afraid to check
    Have the landlord demonstrate that all appliances are working – run faucets, check thermostats, flush toilets, turn on stoves, etc. Also, check cellphone reception.
  • Tip #2 View in daylight
    Viewing a home in daylight will give you a better sense of the living space.
  • Tip #3 Prepare questions
    Ask the hard questions (e.g. how much interest have you had for this unit) to uncover info not in the listing.

Stand out when you apply for your rental

Completing your liv.rent profile, or renter’s resume, is the easiest way to stand out. You can also go the extra mile and pre-submit your application before your viewing if you’re pretty sure you want to rent the unit. By introducing yourself upfront, it shows that you’re serious about the unit – leaving a strong impression on your landlord.

Pro tip: on liv.rent, we use Trust Score to rate renters trustworthiness and credibility — it’s free for students to get theirs with their profile!

Another way to stand out is by using your renter’s story in your renter’s resume to give landlords more information about your credit score. As students may not have strong credit histories yet, use this space to provide more context to a landlord to help them trust you.

How to secure a rental before arriving in Canada

It’s easy for TSOM students who aren’t yet in Toronto or even in the country to rent an off-campus apartment safely and securely.

Once you have filled out your liv.rent profile completely, you can use it to apply to listings on our platform.

In your profile, you can select whether you are a first-time renter and whether or not you’re renting from outside Canada. That way, a landlord can accurately assess your profile and help you secure a rental without having references in Canada.

Watch the video below for a step-by-step guide to finding listings on liv.rent.



Student resources

liv.rent has a ton of resources for students renting in Toronto. Especially if you’re an international student, moving to Ontario from out-of-province, or just new in town — it’s important to know the ins and outs of renting in Ontario so you protect yourself and get a fair deal.

Check out our guides on everything from renting and leases to tenants’ rights and relationships with landlords.


FAQ: TSOM off-campus housing

What safety features should you look for in a rental platform?

Verified listings, multi-layered security and payment protections are all important security features to look out for in a rental platform.

Is Toronto School of Management pubic or private?

Toronto School of Management is a private postsecondary institution located in the bustling city of Ontario, Toronto.

How much do students pay for rent in Toronto?

Toronto on average is one of the more expensive metropolitan areas in Canada and prices can vary depending on where you wish to live. For a detailed breakdown, you can check our monthly Toronto Rent Report.

Where can I find off-campus housing for TSOM

A great place to find off-campus housing for TSOM is through their housing portal or directly on their off-campus housing website.



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