Toronto Roommate Resources
What else can make your roommate hunt a bit easier and more informed? We've put together some resources to help you out.
Helpful Toronto Apartment Rental Links
Toronto University Roommate Listings and Assistance
Each Toronto university runs their own off-campus housing program. Each is listed below. If you're a student, these are likely a good resource to check out.
Toronto Rental Statistics
- The vacancy rate for Toronto was 1.4%, as of Fall 2016 [source: CMHC].
- The average rent for a two bedroom apartment in Toronto was around $1,340 per month, as of Fall 2016 [source: CMHC]. Thus, sharing an 'average' two bedroom apartment in Toronto with a roommate you're looking at around $670 per month each. Renting a condo unit will typically be more expensive than an apartment unit - and where in Toronto you want to live will also greatly affect the rental rate you pay:
- Original city of Toronto: $1,660 per month for a two bedroom apartment with Downtown being around $1,930 per month (the most expensive area in the city)
- North York: around $1,270 per month for a two bedroom apartment
- Etobicoke: around $1,260 per month for a two bedroom apartment
- Scarborough: around $1,150 per month for a two bedroom apartment
- Landlords in Ontario can legally raise the rent for existing tenants 1.5% in 2017.