It now costs nearly $600 more to rent a Toronto apartment than one year ago

Renting a place to call home in the Greater Toronto Area (GTA) is no cheap prospect, and it’s only getting more expensive to live in the country’s most populous urban area. The Bullpen Research & Consulting and TorontoRentals Toronto GTA Rent Report for August highlights an alarming increase in rental prices in the region, with … Read more

Bigger, bolder, higher: Vancouver’s push for density has builders rejigging their plans

Rendering of the original Raphael building.Cape Group When Vancouver developer Zack Ross heard that the Broadway Plan had been approved, he immediately ordered all work stopped at the site of a 95-unit apartment building on East 2nd Avenue, in the False Creek Flats area. Instead of a five-storey building, Mr. Ross now had the potential … Read more

As London, Ont. rents soar, tenant advocates look to next council for help – London

A London, Ont., tenant advocacy group will be keeping a close eye on the municipal election as the city grapples with some of the country’s fastest-growing rents. The latest national rent report from Rentals.ca found the average rent for condominium and rental apartments in London was $1,979 last month, up 26.5 per cent from August … Read more

Someone in Toronto is renting out one room to four people in bunk beds and it’s not cheap

Renting out single rooms to multiple tenants at the same time seems to be a big trend among Toronto landlords right now, with people targeting students in particular, hoping they’ll pay top dollar for very dorm-style housing situations amid surging demand and rising prices . The latest is a posting that caught the attention of … Read more

Condo rents surge to record average $2,806 in Toronto

The cost of renting a Toronto condo hit a record average of $2,806 in August — a 19.5 per cent year-over-year increase equal to $458 a month. It was the 10th consecutive month that condo rents rose in the double digits year-over-year — increasing 11.4 per cent in the last three months alone, according to … Read more

Someone in Toronto is renting out a tiny basement with half the kitchen in the bedroom

This week in particularly dismal Toronto apartment listings comes some very unique accommodations in which half of the “mini kitchen” is actually in the bedroom of the unit. While some people in the city are renting out mattresses in the middle of their living rooms or “bedrooms” in shared hallways, this landlord is seeking someone … Read more

‘I took every precaution’: Elaborate rental scam leaves student $2,000 poorer — and without a place to stay

Waterloo police are investigating reports of a rental scam that has left three students out thousands of dollars and at least one with nowhere to live next month — one example of a growing fraud problem across the country amid spiking rental demand. One of the students, Armina Soleymani, told the Star she was robbed … Read more

The Canadian real estate that smart money is still desperate to buy: industrial warehouses

Employees work at the Amazon fulfillment center in Brampton, Ont. in 2018.Chris Young/The Canadian Press Unrelenting demand for Canada’s storage and distribution warehouses is vaulting that segment of the real estate market into a new echelon, with industrial properties in and around cities such as Toronto and Montreal commanding some of the fastest-rising prices in … Read more

Opinion: Ontario’s shockingly low social assistance rates are failing Toronto families

Maria Rio is the director of development at the Stop Community Food Center, a non-profit in Toronto’s west end offering emergency food access services, community-building programs and urban agriculture. Right now in Toronto too many families are forced to make the impossible choice between paying rent or buying food. The 2021 Who’s Hungry report published … Read more

These small Ontario townships will literally pay you to come live in them

We’ve seen some truly creative marketing campaigns in recent years from smaller Ontario towns and cities looking to boost their population (and skilled workforce) numbers while city dwellers were leaving Toronto en masse for larger, cheaper spaces from which to work from home. In early 2021, the economic development corporation of London, Ontario, started promoting … Read more