Toronto rent prices just hit a new high not seen in years

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Toronto rent prices just hit a new high not seen in years Toronto TorontoRealEstate RealEstate

, rents just keep on rising, going up five per cent for one-bedroom spots and 2.7 per cent for two-bedrooms in just one month.

As usual, Toronto and Vancouver are neck-and-neck when it comes to which city is more expensive for tenants, with our friends to the west edging us out by charging an additional $200 for one-bedroom units and $600 for two-bedrooms, on average, but Toronto remains the second priciest locale in the country by far.

The top 10 most expensive places to rent across the country right now, based on June 2022 datt. Infographic fromAlso noteworthy was the fact that it was another Ontario municipality which had the biggest jump in prices nationwide from May to June: Windsor, which at $1,350 for a one-bedroom is the 17th most expensive city to rent in within Canada. .

 

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