Average 1BR rent hits $2400 - Is this the new normal in Toronto?

Posted by yogaxhunter2 • November 28, 2025 • 9 comments

I can’t believe the average rent for a 1BR in Toronto is now $2400! I’m making $60k, but that means I'm spending 60% of my income just on rent. If I consider utilities and parking, it's just impossible to find anything decent without breaking the bank. What options do we even have left?