Toronto Condo rentals including the GTA grew 32 per cent in the May to September reporting period compared to the same time frame a year ago according to the Toronto Real Estate Board.
The number of Toronto Condos for rent rose to 5,673 units up from 4,286 units.
MLS listings for rent were up 51 per cent but the average Toronto price for rentals was down.
The average rent for a one-bedroom was $1,439 a month down 2 per cent and two-bedrooms were renting for $1,873 a month off 1 per cent.
Toronto rental prices in the four Toronto Real Estate areas were:
Central:
- One-bedroom $1,502 down 4 per cent
- Two-bedroom $2,121 down 2 per cent
East:
- One-bedroom $1,222 up 1 per cent
- Two-bedroom $1,459 down 3 per cent
North:
- One-bedroom $1,297 down 3 per cent
- Two-bedroom $1,716 up 1 per cent
West:
- One-bedroom $1,304 down 3 per cent
- Two-bedroom $1,590 down 1 per cent
Related:
Posts
