As an added difficulty, many landlords are unwelcoming to the couple's brood — dogs Kado and Rosco and a cat named Jester.
"What this does is create such a burden on this rental housing market that even though we're out of the summer rental season, there's so much demand that going to continue like this until the fall and into the winter," he said. "If you want a basement suite or an apartment, you're looking at minimum $1,200 and that doesn't include any utilities or anything like that unless it's a super rare listing," Giesinger said.
Newly-listed Toronto one-bedroom homes averaged $2,620 in August, up almost 11 per cent from the year before, while two-bedroom properties had a 7.1 per cent rise over the same time frame to $3,413. "Some people actually just sent in their offer without looking at the apartment too because there are so many people who are in desperate need of rental units," said Punjabi."There's just not enough."