Most Affordable & Most Expensive Areas to Rent a Condo in Downtown Toronto | August 1-7, 2022
Here's your weekly recap on the most affordable & most expensive areas to rent a condo in Downtown Toronto from August 1-7, 2022.
Here's your weekly recap on the most affordable & most expensive areas to rent a condo in Downtown Toronto from August 1-7, 2022.
Please note that the Downtown boundaries are as follows:
North = College St
South = Lake Ontario
West = Bathurst
East = Don Valley Parkway
1-Bed
- 52 units leased
- Average price = $2441
- Most affordable = $2100 | Richmond & Spadina
- Most expensive = $4200 | University & Adelaide
1-Bed + Den
- 84 units leased
- Average price = $2731
- Most affordable = $2200 | Jarvis & Dundas
- Most expensive = $5700 | Queen & Sumach
2-Bed
- 47 units leased
- Average price = $3499
- Most affordable = $2700 | Queen & University
- Most expensive = $8900 | University & Adelaide
2-Bed + Den
- 24 units leased
- Average price = $3764
- Most affordable = $2995 | Corktown
- Most expensive = $5500 | Yonge & Wellington
3-Bed
- 10 units leased
- Average price = $4635
- Most affordable = $3500 | Richmond & Sherbourne
- Most expensive = $8000 | Queens Quay W & Spadina
The rental market only seems to be accelerating faster as we approach the end of summer so be sure to check back next week for the most up-to-date stats!
Have any questions about renting?
Feel free to message me on Instagram @TorontoRealEstate.ca !
Rylie C.