Renting a condo in Toronto keeps getting more expensive. The average monthly rent for a condo in the city jumped 7.6 per cent in the third quarter from a year ago to a record high $2,385, according to Urbanation Inc. While the number of new condo rental leases signed grew
Ontario is facing a housing crisis. For example, today it is harder to find an apartment to rent in the Greater Toronto Area, than at any time in the last 17 years. This has resulted in rents that are among the highest in Canada. In the past, people would rent
With the province scrapping rent control for new units across Ontario, affordable housing advocates are cautioning the changes could mark a return to sky-high rent increases for thousands of Toronto tenants.The Progressive Conservative government revealed the details on Thursday through the fall economic statement, announcing legislation which ends rent control
When Shelley Kanitz bought a small Toronto bungalow in 2016, she had two big plans for it: A massive renovation and a legal basement rental suite. After spending nearly two years rebuilding the house from the ground up, Kanitz’s family — including her husband and young daughter — finally moved
Amelia Nelson and her partner Nick struggled for five months to find a place in Toronto after their previous landlord informed them he wanted to renovate and then move his niece into the apartment. They started looking for a one-bedroom apartment with a maximum budget of $2,000, split between them.