Toronto Has The Most Expensive Rental Market In Canada

Toronto Has The Most Expensive Rental Market In Canada

Monday, May 31st, 2021 at 12:00am

The rent is Toronto is rocketing. Affordable housing has reached a crisis. Not just in Toronto, but the Greater Toronto Area as well.

According to an August rent report, 13 Canadian cities saw median one-bedroom rents increase over the previous month: Toronto, Burnaby, B.C., Montreal, Ottawa, Kingston, Oshawa, Hamilton, Halifax, Abbotsford, Quebec City, Regina, St. John’s, and Saguenay.

Toronto’s median one-bedroom rent went up 2.9 per cent to $2,140 a month, with its two-bedroom rentals steady at $2,800 a month.

Vancouver still stands in second place. Its rental rates remained flat at $2,000 for a one-bedroom and $3,200 for a two-bedroom.

For Rentals in Vancouver, RentYVR offers the best rental services to help you find the best Tenants and the best Landlords. 




Credit: http://torontostoreys.com/2018/09/toronto-most-expensive-rent-canada/