Sometimes, residential properties are for sale from a bank. This usually indicates that the owner could not make their mortgage payments and the lende...
5 Things To Know When Buying From A Bank
January 21, 2015
Average Rent of 1-Bedroom Hits $2,000 Mark in Toronto
September 14, 2017
The average rental price for a one bedroom apartment in Toronto finally cracked the $2,000 mark in September, a 5% increase in a month, according to data from Padmapper.
It's important to note, however, that Padmapper also factors longer-term Airbnb rentals (those that can be rented by the month) into its calculations. This could skew the price upwards a bit, as renting a full apartment in Toronto through Airbnb can run upwards of $4,000 per month.
Toronto is quickly closing in on Vancouver as the most expensive city for rent in Canada, though the latter city remained even less affordable as of last month.
I'm busy working on my blog posts. Watch this space!