These are the 5 cheapest rental listings in Toronto right now

Oct 3 2019, 1:33 pm

It comes as no surprise that rent is expensive in Toronto.

For the month of August, the average one-bedroom rent went up $10 to $2,300 — surpassing the previous month’s record of $2,290. Two bedrooms remained flat at an average price of $2,850.

But don’t let this discourage you from entering the rental market, because there are still listings in the GTA that won’t cost you a small fortune — you just need to know where to look to find some of the cheapest rentals in the city.

If you stray away from the heart of downtown, you can find some affordable options hidden throughout Toronto.

According to brokerage Zoocasa, there are a number of listings currently well below the average rental price this month, with some rentals going for just $1,100 a month.

Read on to see the five cheapest rentals currently available in Toronto.

5. 47 Richbourne Court: $1,100 per month

47 Richbourne Crt/Zoocasa

  • Basement apartment
  • 1 Bathroom
  • 700 to 1100 sq. ft.
  • 1 Parking spot

4. 18 Chipmunk Avenue: $1,100 per month

18 Chipmunk Avenue/Zoocasa

  • Basement unit
  • 1 Bedroom
  • 1 Bathroom
  • No parking

3. 307 Churchill Avenue: $1,150 per month

307 Churchill Avenue/Zoocasa

  • Bachelor unit
  • 1 Bathroom
  • 1 Parking spot

2. Unit #1 – 46 Confederation Drive: $1,150 per month

Unit 1 – 46 Confederation Drive/Zoocasa

  • Basement apartment
  • 1 Bedroom
  • 1 Bathroom
  • No parking

1. 11 Flycatcher Avenue: $1,195 per month

11 Flycatcher Avenue/Zoocasa

  • 1 Bedroom
  • 1 Bathroom
  • 700-1100 sq. ft.
  • No parking

All of these numbers are accurate as of October 3, 2019.