Toronto is perennially the most expensive city in Canada to rent. This winter, we’re seeing a unique trend that we expect to continue into the spring that will be music to renters’ ears. <\/p>\n\n\n\n
Right now, the borders are still closed to international travel and the city isn’t seeing the usual number of tourists, international students, and immigrants which has had a big effect on the city’s overall vacancy which is way up.<\/p>\n\n\n\n
This month, we’re taking a closer look at the reported average rent prices for February across the Greater Toronto Area<\/a>. Based on data gathered from our own liv.rent<\/a> platform and other listing websites, our rent report shares key market data and trends to help keep landlords and tenants make informed decisions as we continue to head into 2021 full steam.<\/p>\n\n\n\n Jump to the following Toronto Rent Report sections: <\/strong><\/p>\n\n\n\n