These are the five "cheapest" rentals in Toronto right now

Sep 3 2020, 10:16 am

The housing market is going through an unpredictable and transitional time during the COVID-19 pandemic.

According to a report compiled by TorontoRentals.com and Bullpen Research & Consulting, the average monthly rent in Toronto has fallen to $2,194, which they say is an 8.7% annual decrease.

On average, condominium landlords charged $260 less per month in July 2020 compared to July 2019, the report said.

So, now might just be the perfect time to look.

While you can still expect virtual apartment viewings, here are five of the “cheapest” rentals,  recently listed by Zoocasa, showing places in and around Toronto.

1. 184 Highbourne Road – $975

Zoocasa

  • Studio Basement
  • 1 Bathroom
  • 1 parking
  • 700 square feet

2. 26 Pine Avenue – $1,150

Zoocasa

  • Bachelor Basement
  • 1 Bathroom
  • 1 parking
  • Right in The Beaches, close to restaurants

3. 153 Monarch Park Avenue – $1,150

Zoocasa

  • Basement Apartment unit
  • 1 Bathroom
  • 1 parking
  • Right in Danforth Village, close to restaurants

4. 165 Pemberton Avenue – $1,200

Zoocasa

  • Basement Apartment
  • 1 Bathroom
  • 1 parking
  • 380 square feet

5. 985 Victoria Park Avenue – $1,200

Zoocasa

  • Basement Apartment
  • 1 Bathroom
  • 1 parking
  • Close to Victoria Park subway station

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