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Common Tenant Problems - Rent

This section is for renters to discuss issues regarding Paying your Rent.

In addition to this forum there are some terrific information resources available on this topic:



If you are Having Trouble Paying Your Rent...

If you are having trouble paying your rent then you may be able to find help from the Toronto Rent Bank.  The rent bank provides interest-free loans to qualifying individuals.

Neighbourhood Information Post (NIP) also provides financial help to people in need.

The City of Toronto also has some applicable information here: Get Help Paying for Housing.


Author Topic: CTVNews - New data shows how much condo rent is rising in Toronto  (Read 9539 times)

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Andy

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New data shows how much condo rent is rising in Toronto

https://toronto.ctvnews.ca/new-data-shows-how-much-condo-rent-is-rising-in-toronto-1.6127457

Quote
The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the sidelines.

The latest data from the Toronto Region Real Estate Board shows that the average monthly cost for a one-bedroom condominium hit $2,481 in the third quarter of 2022, up from $2,269 last quarter and $2,061 in the third quarter of 2021.

The average rental cost for a two-bedroom condo was up 14.5 per cent year-over-year to $3,184.



 

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