Rental costs for housing have increased significantly across Canada since last year according to a rental housing website. (David Donnelly-CBC)

It’s expensive to rent housing in Canada

Share

A national review of average rents has come out showing the average costs of rental housing in cities across Canada.

The rental listing site PadMapper puts out its report monthly. As we near the end of the year, Toronto Ontario, Canada’s largest city, tops the expense list.  Prices to rent a one or two bedroom apartment in Toronto have increased by about 15 per cent on average since last year. A one-bedroom apartment in the city will now cost$2.260 per month on average with a two bedroom at $2,850

Vancouver, British Columbia, also one of Canada’s most expensive cities for housing saw rents decreasing just slightly from last month, but still up almost 2 per cent from last year. A one bedroom rents for an average $2,100/mo  while a two bedroom  goes for $3,150

Another major city, Montreal Quebec also saw a big jump from last year, also about 15% since last year. The major city in the mostly French-speaking province has one bedroom rents at $1.450/mo with two bedrooms at $1,780 on average.

Hi rental costs and condos used as investments, means a massive and ongoing building spree of giant condos in Toronto. (Aaron Harris- Reuters)

The national capital, Ottawa, also saw a substantial increase of just over 15 per cent, with a one and two bedroom apartment sat $1,250 and $1,560 per month respectively

Of the 24 Canadian cities studied, St. John’s Newfoundland has the lowest rent with an increase of six per cent year over year with one and two bedroom apartments at $810 and $990 per month respectively

The only cities where rents went down since last year are Barrie Ontario (-12.7%), and in Saskatchewan, Regina (-8.3%),  and Saskatoon (-1.0%)

Additional information-sources

Share
Tagged with: , , ,
Posted in Economy, Society

Do you want to report an error or a typo? Click here!

@*@ Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

 characters available

Note: By submitting your comments, you acknowledge that Radio Canada International has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Radio Canada International does not endorse any of the views posted. Your comments will be pre-moderated and published if they meet netiquette guidelines.

Netiquette »

When you express your personal opinion in an online forum, you must be as courteous as if you were speaking with someone face-to-face. Insults and personal attacks will not be tolerated. To disagree with an opinion, an idea or an event is one thing, but to show disrespect for other people is quite another. Great minds don’t always think alike—and that’s precisely what makes online dialogue so interesting and valuable.

Netiquette is the set of rules of conduct governing how you should behave when communicating via the Internet. Before you post a message to a blog or forum, it’s important to read and understand these rules. Otherwise, you may be banned from posting.

  1. RCInet.ca’s online forums are not anonymous. Users must register, and give their full name and place of residence, which are displayed alongside each of their comments. RCInet.ca reserves the right not to publish comments if there is any doubt as to the identity of their author.
  2. Assuming the identity of another person with intent to mislead or cause harm is a serious infraction that may result in the offender being banned.
  3. RCInet.ca’s online forums are open to everyone, without regard to age, ethnic origin, religion, gender or sexual orientation.
  4. Comments that are defamatory, hateful, racist, xenophobic, sexist, or that disparage an ethnic origin, religious affiliation or age group will not be published.
  5. In online speak, writing in ALL CAPS is considered yelling, and may be interpreted as aggressive behaviour, which is unpleasant for the people reading. Any message containing one or more words in all caps (except for initialisms and acronyms) will be rejected, as will any message containing one or more words in bold, italic or underlined characters.
  6. Use of vulgar, obscene or objectionable language is prohibited. Forums are public places and your comments could offend some users. People who use inappropriate language will be banned.
  7. Mutual respect is essential among users. Insulting, threatening or harassing another user is prohibited. You can express your disagreement with an idea without attacking anyone.
  8. Exchanging arguments and opposing views is a key component of healthy debate, but it should not turn into a dialogue or private discussion between two users who address each other without regard for the other participants. Messages of this type will not be posted.
  9. Radio Canada International publishes contents in five languages. The language used in the forums has to be the same as the contents we publish. The usage of other languages, with the exception of some words, is forbidden. Messages that are off-topic will not be published.
  10. Making repetitive posts disrupts the flow of discussions and will not be tolerated.
  11. Adding images or any other type of file to comments is forbidden. Including hyperlinks to other websites is allowed, as long as they comply with netiquette. Radio Canada International  is in no way responsible for the content of such sites, however.
  12. Copying and pasting text written by someone else, even if you credit the author, is unacceptable if that text makes up the majority of your comment.
  13. Posting any type of advertising or call to action, in any form, to Radio Canada International  forums is prohibited.
  14. All comments and other types of content are moderated before publication. Radio Canada International  reserves the right to refuse any comment for publication.
  15. Radio Canada International  reserves the right to close a forum at any time, without notice.
  16. Radio Canada International  reserves the right to amend this code of conduct (netiquette) at any time, without notice.
  17. By participating in its online forums, you allow Radio Canada International to publish your comments on the web for an indefinite time. This also implies that these messages will be indexed by Internet search engines.
  18. Radio Canada International has no obligation to remove your messages from the web if one day you request it. We invite you to carefully consider your comments and the consequences of their posting.

*