The 5 Most-Viewed Rental Units in Toronto Over the Past Two Weeks
Currently, the overall average rent for all property types in Toronto decreased 9.7% year-over-year to $2,013 in June, with one-bedroom rental units in the city rising a slight 0.2% from a month before $1,836 while average two-bedroom rents rose 1.9% month-over-month to $2,502, according to the latest data from Rentals.ca.
As such, renters have negotiating power and more options now, typically unheard of before COVID took hold. And while rents in Toronto are still relatively high compared to the rest of the Canadian real estate market, it is a welcomed relief for renters who have been paying sky-high prices for the opportunity to reside in Canada’s largest city.
To get a better understanding of what rental units renters are eyeing up these days and where they want to live, we’ve rounded up the five most-viewed rental units in Toronto from July 21 to August 4, according to data from our friends at Rentals.ca.
The data is broken down into different rental unit segments, including apartments and condos, which vary by room size.