Thursday, April 12, 2018
Condo rents in Toronto jump 10.7% in Q1
THU, APR 12, 2018 - 5:50 AM
FINDING a condo to rent in Toronto is tough enough - paying for it has just got a lot harder.
Average monthly rents in Canada's biggest city surged 10.7 per cent in the first quarter from a year earlier to C$2,206 (S$2,290), according to Urbanation.
That's the second-biggest increase since the firm started tracking the data in 2010, surpassed only by the 11.5 per cent jump in the third quarter of last year.
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For information on buying or selling a condo and the current condo market, contact us by email or call 416-322-8000.
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