Shocked by Rent Hike: Why Is It So Much Higher?

Posted by yourboysam • November 15, 2025 • 7 comments

I'm in disbelief looking for a short-term rental in Toronto. Why is rent $500 more for a similar unit? Same building, but old vs new tenant pricing makes no sense! It feels like a turnover rent spike is happening everywhere. How can I bridge this crazy rent gap for just 3-6 months?