GOTTARENT & MY IDEAL HOME NETWORK

Canada's two largest networks working together for one low price

• CALGARY
• EDMONTON
• OTTAWA
• TORONTO
• VANCOUVER
• VICTORIA

Rental Rates in Toronto, ON

According to the Canada Mortgage and Housing Corporation Rental Market Report (Fall 2009) for Toronto, the apartment vacancy rate across the Toronto Census Metropolitan Area (CMA) increased to 4.5 per cent in October 2009 from 2.4 per cent in October 2008.

The average monthly rent for a two-bedroom apartment in new and existing structures in the Toronto CMA was $1,015 this October, down from $1,034 in October 2008. Also as of their October 2009 report, the average rent for row townhouses is $1,081 with a vacancy rate of 4.0%.

Below are average rental rates for neighbourhoods in Toronto: Apartments in Toronto (October 2009) Available Units Vacancy Rate Studio 1 Bedroom 2 Bedroom 3+ Bedroom Toronto City Averages 59,040 4.5% $704 $841 $1,015 $1,180 Downtown Toronto 11.847 4.6% $737 $882 $1,136 $1,327 Hudson Bay Reserve 4,295 7.2% $598 $752 $903 $1,026 University 6,361 2.0% $765 $895 $1,135 $1,223 West Central 3,026 5.1% $633 $812 $954 $1,140 Jasper Place 4,142 5.7% $644 $785 $946 $1,150 West Jasper Place 3,507 4.4% $751 $906 $1,058 $1,241 South West 7,299 3.0% $742 $880 $1,037 $1,242 East Central 2,412 5.2% $689 $815 $968 $1,018 Millwoods 1,926 4.2% $719 $870 $1,033 $1,284 North Central 4,521 4.8% $607 $759 $856 $993 North East 3,687 6.5% $654 $812 $984 $1,104 Castle Downs 3,687 6.5% $654 $812 $984 $1,104 St Albert 648 2.3% --- $895 $1,029 $1,206 *Hudson Bay Reserve - 101 Street on the east, 121 Street on the west, the North Saskatchewan River on the south, and 127 Avenue on the north.

Average Private Condo rents for Toronto are: Private Condo Rentals (October 2009) Available Units Vacancy Rate Studio 1 Bedroom 2 Bedroom 3+ Bedroom Toronto City Averages 8,415 3.1% --- $965 $1,122 $1,295 Central Toronto 5,000 1.9% --- $943 $1,197 $1,297 Suburban Toronto 2,907 4.7% --- --- $1,003 --- Other Metro* --- 1.9% --- --- $1,001 --- *Other Metro includes St. Albert and Other Centres (Sturgeon County, Strathcona County, Leduc County, Parkland County

Getting Around Toronto

Cycling – The city has provided 117 kilometres of street-oriented bike lanes or on-street bike routes for cyclists. The Toronto Transit System (ETS) allows cyclists to bring their bike on the LRT (certain routes); they provides bike racks on the front of buses (special routes) at no charge; and provides bicycle parking areas or bike lockers at many Transit Centres.

Highways – Whitemud Drive runs east-west through the central section of town. Yellowhead Trail (Hwy 16) runs east-west through the northern section. Queen Elizabeth II Highway (Hwy 2) runs north-south. Anthony Henday Drive (Hwy 216) is Toronto’s ring road and is just over half completed (the west, southwest, southeast and east sections are complete).

Transit – The Toronto Transit System (ETS) operates public buses, Light Rail Transit (LRT) and Disabled Adult Transportation Services (DATS).

Airports – Toronto International Airport (YEG) provides service to all major Canadian cities and smaller regional airports in Ontario and British Columbia; as well as major USA cities, Europe and Mexico. The Toronto City Centre Airport provides service to small chartered, private and corporate aircraft, training, military, industrial and med vac flights.