TORONTO — New data comparing rental prices coast to coast reveals how much your neighbors are paying more or less each month.
RentSeeker.ca, one of Canada’s largest and most visited online apartment search sites, has released the average apartment rental costs in cities across Canada.
It’s no surprise that living in larger centers in Canada comes with a higher rent bill. Apartment rental prices in BC’s Lower Mainland and Greater Toronto Area top the list when it comes to high rental prices. The average price of a two-bedroom unit in Toronto is $1,269 and in Vancouver $1,345.
The highest average rent price on the list is in Burlington, Ontario, at $1,558 for a two-bedroom unit. Burlington is located just west of Toronto, with a population of 175,779, according to the 2011 census. The city is full of new housing developments and is popular with people who work in Toronto but want to live away from the bustle of the big city.
READ MORE: The highest and lowest rents in Canada
It doesn’t take much to live like a king (or queen) in La Belle Province: a two-bedroom rental in Montreal costs $742 per month. Saguenay, Quebec has the lowest rental prices on the list at $583 for a two-bedroom unit. The city of 157,790 inhabitants is located approximately 200 kilometers north of Quebec City. In the fall of 2014, the city was described as having a “sluggish labor market and less supportive demographic environment” by the Canada Mortgage and Housing Corporation (CMHC), as an explanation for slowing demand for new housing .
So is the grass really greener, or at least cheaper, in another city or province? Here’s a totally unscientific look at what (approximately) $1,200 will get you in a handful of cities across Canada.
Located in the desirable neighborhood of Kitsilano, this boy’s apartment is close to the beach, several parks, and a quick commute to downtown Vancouver. The rent of $1,195 per month includes heating and hot water. The unit, while spacious by studio standards at 550 square feet, is for single occupants only.
The building has a Walk Score of 97, which puts it in the “Walker’s Paradise” category, which means daily errands don’t require a car.
This Edmonton condo rental is just north of Whyte Avenue, a street lined with popular shops and restaurants. It is close to the University of Alberta and several green spaces.
The apartment, at $1,195 per month, includes utilities and a parking space.
This spacious two-bedroom apartment in downtown Prairie City is within walking distance of the Legislative Assembly of Manitoba, the University of Winnipeg, The Forks and the MTS Centre, home of the Winnipeg Jets. fill the stands every game.
At $1,215 per month, this all-inclusive rental includes hardwood floors, pre-wired internet, surround sound, and a fully equipped gym in the building.
This “luxury” rental in Halifax includes two bedrooms, two bathrooms, a laundry room and two parking spaces. The building has a common room and a gym.