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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: This is how much the average rent in Ontario rose in July  (Read 644 times)

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Andy

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From CTVNews...

This is how much the average rent in Ontario rose in July

https://toronto.ctvnews.ca/this-is-how-much-the-average-rent-in-ontario-rose-in-july-1.6026749

Quote
Overall, the average rent in central Toronto rose 24 per cent year-over-year in July.

For a one-bedroom unit, rent sat at $2,257 in July, marking a 21.6 per cent year-over-year increase in Toronto.

For a two-bedroom apartment, that increase climbed 25 per cent to $3,259.

The month-over-month average rent in the city saw a four per cent increase for a one-bedroom and 7.8 per cent for a two-bedroom.

 

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