LOWAvg. of lowest 10% | Average | HighAvg. of highest 10% | |
---|---|---|---|
STUDIO Condos | $285,699396 = $733/ | $396,074418 = $969/ | $486,950452 = $1,109/ |
1 BED Condos | $321,608619 = $546/ | $488,554590 = $845/ | $715,651732 = $1,003/ |
1 BED+DEN Condos | $353,318731 = $502/ | $543,144698 = $792/ | $805,869815 = $1,014/ |
2 BED Condos | $309,278976 = $325/ | $668,873960 = $705/ | $1,372,4511390 = $1,013/ |
2 BED+DEN Condos | $364,1811084 = $343/ | $769,5741138 = $675/ | $1,763,9581684 = $1,061/ |
3 BED Condos | $266,0611183 = $226/ | $707,2251327 = $510/ | $2,058,9862033 = $997/ |
3 BED+DEN Condos | $375,7501319 = $290/ | $874,2881553 = $542/ | $2,486,1262782 = $914/ |
4 BEDS Condos | $412,6671166 = $354/ | $938,9061600 = $521/ | $3,360,7502691 = $1,307/ |
4 BED + DEN Condos | $480,5001937 = $249/ | $1,440,0001974 = $705/ | $3,682,0002520 = $1,611/ |
Toronto is home to 2.79 Million people from all over the world and many walks of life. Located in Southern Ontario on the shores of Lake Ontario, Toronto (founded in 1793 as the city of York) officially got its name in 1834. With no less than 4 Universities and numerous other types of post secondary education, there is a huge influx of people looking for Toronto condos for rent on a daily basis.
Canada’s largest city is home to thousands of condos for rent and the Toronto condo construction has geared up in the last 10 years, which has re-imagined the existing skyline. The re-development of the downtown Core, has brought with it loads of rental investment opportunities with new condos going up all along The Waterfront and new neighbourhoods being developed all over the city.
There are almost 2000 Condos for rent in Toronto, in various forms such as high-rise, low-rise and condo townhomes, and with the amount of pre-construction condos in the pipeline that number is growing all the time. The real estate market is without doubt the hottest in the country; at any given time there are thousands of condos units for rent all over the city. Here at Condos.ca we keep a close eye on the rental market in all areas of the city to give you all the information you need to make an informed and educated decision when renting a condo or purchasing one as a rental investment.
With new condos being built on a regular basis, this means there is variety in the market as well as new and exciting neighbourhoods to check out. The condo boom has helped the city in more ways than one, with new restaurants and shops opening all the time to accommodate the growing population. Neighbourhoods such as Liberty Village didn’t really exist a few years ago and like CityPlace, there is a healthy rental market, with lots of amenities geared towards young professionals.