Average one bed room rental in Toronto has hit $1,535 for Quarter 1 period as compared to $1,515 in first quarter of year 2014.

Here are the stats for last 2 years. The rental market is still going strong primarily due to high growth in the Toronto’s Condo market. The growth has been consistent and is a good news for Toronto Condo Market.

 

Date Listed Leased Average Rent
Q1 2013 1,615 1,162 $1,537
Q2 2013 1,988 1,489 $1,547
Q3 2013 2,206 1,709 $1,557
Q4 2013 1,790 1,241 $1,542
Q1 2014 2,177 1,429 $1,515
Q2 2014 2,759 2,085 $1,527
Q3 2014 2,627 2,162 $1,571
Q4 2014 2,034 1,426 $1,558
Q1 2015 2,564 1,664 $1,535