Neighbourhood rent guide & price overview
Typical rent
1-bed typically C$2,400–$3,000/mo
1-bedroom apartment, new-let market
How The Annex compares in Toronto
City budget
CA$1,500
/mo
City typical
CA$2,400
/mo
City premium
CA$3,800
/mo
Median rent in all of Toronto: CA$2,400/mo
Local renter tip for Toronto
Scarborough and North York offer the best value within city limits, with TTC access and rents 25–35% lower than downtown. Mississauga and Brampton in the 905 area code are even cheaper if you're willing to commute.