Shocked by Toronto Rent Hikes: Why the Pricing Disparity?

Posted by yourboysam • October 11, 2025 • 8 comments

As I search for a new apartment in Toronto, I'm stunned to discover that rents are 30-50% higher than what I'm currently paying! Why is rent $800 more for similar units? I can't believe the same building charges different prices for old vs new tenants—this turnover rent spike makes no sense!