It’s a tricky time to move in Toronto. The city remains the most expensive rental market in Canada, and of course, we are in the middle of a pandemic.
The average rent in Toronto is $2,25o (as of April), and a report recently stated that there has been a slow-down in the rental market.
Last month, Urbanation said that Toronto’s rental market is expected to slow down in the post-COVID-19 period. It stated that demand for rentals fell faster than supply in the second half of March, and rents experienced a slight decline.
The average monthly rent in the post-COVID-19 period decreased 0.7% year-over-year, read the report, which looked at rental market results in the first quarter of the year.
So what does the rental market look like right now? Here are five recently listed Toronto rentals on Zoocasa.
1. 1303 – 2220 Lake Shore Blvd West – $2,100 per month
- 1+1 bedroom
- 1 bathroom
- 500-599 sq ft
- 1 parking
2. 810 – 185 Roehampton Ave – $2,150 per month
- 1 + 1 bedrooms
- 1 bathroom
- 600-699 sq ft
- No parking, located near Yonge and Eglinton
3. Upper – 62 Mentor Blvd – $2,200
- 2 bedrooms
- 1 bathroom
- 1 parking
- Lease is for upper level only
4. 192 Bogert Ave – $2,500
- 3 bedrooms
- 2 bathrooms
- 1 parking
- Located in North York
5. 1007 – 138 Princess St – $3,600
- 2 bedroom loft
- 2 bathrooms
- 1000- 1199 sq ft
- 1 parking, in St. Lawrence Market area
All listings are available and accurate as of May 5