Downtown Toronto Apartment Hunting - What Can You Get For LESS THAN $2,000 PER MONTH?!

[@stephandden]

Which unit did you like best?! & which opinion of ours did you disagree with most? 😜 Let us know!

[@SpecialneedsSpacebun]

The one at 11:20 ish is the best since it had the most space and best layout, despite the bad view. Really don't like the bedroom being at the end of the last one. Crazy how small all the bedrooms are in these apartments tho!

[@stephandden]

Very true, definitely pretty tight spaces!

[@yihaoliu275]

Unit 2 because we’ll be neighbours haha. But great content as always!

[@axelsusanto6801]

the 2nd and 3rd! the 2nd got one of the most amazing views i've ever seen and it has good lighting along with good price (would reconsider if it went up to $2300). 3rd one is legit good bcs it has a lot of space and it's a corner space!

[@jadwehbe_]

for me its either unit 2 or unit 4 I would go with well once i finish my design degree and get my first high paying UX designer salary u bet you I would get one of those two in less you guys find more good deal if that exist in Toronto for my first place after graduating cross your finger I make it out alive from my degree lolll

[@larisselobo548]

We were about to move, but managed to renegotiate our lease with our landlord! From1750 to 1500. Amazing!

[@stephandden]

That's awesome! 🎉

[@OfficialGundem]

in the city?

[@kerrybelle2865]

How many bedrooms if you dont mind me asking

[@larisselobo548]

@@kerrybelle2865 one bedroom, new condo complex next to islington subway station

[@larisselobo548]

@@OfficialGundem yes! One bedroom.

[@bestbongoman2697]

I think your videos are awesome, especially for young people trying to take control of their personal finance. Keep up the good work!

[@stephandden]

Thanks Adam! 😊

[@5602KK]

23 year old from Ottawa here, I agree with this

[@stephandden]

Thank you! ✨

[@hannahw2]

It's amazing how much the prices have dropped in Toronto! I honestly didn't think they'd ever go down.👌✨ I actually just signed a lease last week for a 1-bedroom condo unit that went from $1,900 to $1,500! I can actually afford to live on my own finally... no more roommates! Lol

[@stephandden]

That's a great drop in price you grabbed, congrats!! & have a great move 😊

[@mavikiolanski9210]

How long is the lease? just curious :)

[@tinajsews2835]

repent , Jesus christ is coming back, get your life in order , Jesus christ is coming back .

[@tinajsews2835]

@@stephandden repent , Jesus christ is coming back, get your life in order , Jesus christ is coming back .

[@hannahw2]

@@tinajsews2835 I dunno dawg, we've been waiting 2000 years. Sometimes you gotta know when you've been stood up. Hang in there buddy.

[@kaydee2976]

I live in a smaller city in Alberta. My first apartment cost $895 a month while the most expensive apartments here go for around $1200 a month. We recently bought a townhouse style condo and our mortgage is just under $800 a month. I love living in a small city😃

[@kaydee2976]

And I wanted to add that our apartment was 2 bedroom, 1 bathroom and about 900 square feet and our condo is 2 bedroom, 2 bathroom and about 1100 square feet. Just wanted to share what prices are like in a smaller city in Alberta😊

[@Anomalyy666]

How many ppl in your town?

[@kaydee2976]

@@Anomalyy666 about 60,000 people

[@carmenanne5875]

I live in the largest city in Alberta and pay 1300 a month (this includes the utilities) for a massive, newly renovated 2 bedroom downtown apartment with a great view and security, a gym, etc. It’s insane how different the prices are across the country.

[@kaydee2976]

@@carmenanne5875 yes it really is!!

[@jhonadavid]

my bf and I just got a sick $1700 1+den a block away from college, all included! now is defffff the best time to find something

[@stephandden]

Woo great price! 👏🏾👏🏻

[@joscelyntan3649]

I really enjoyed the video ! :) I've actually toured most of the buildings that you showed and have almost the exact same sentiments! I ended up recently signing a lease for an 800sqft bright basement apartment near Trinity-Bellwoods for $1650 (pre-pandemic the landlords were renting it out for $2100). It'd be really interesting to see a video comparing what's available in Toronto for non-condo housing options - we have a lot of renovated Victorian homes that have absolutely gorgeous units! Also, another thing to keep in mind is that these brand-new beautiful condo buildings aren't rent-controlled. It would suck to move in somewhere you really love and have the rent go up by a couple hundred the next year, if the rental market picks back up :(

[@stephandden]

That's awesome, it sounds like a great find! We'll definitely do a future video on non-condo options, and we'll try venturing into some different neighbourhoods, too 😊

[@danaa6024]

Hey there, thanks for the comment. I'm new in Canada and I live in Toronto. What do you mean by "aren't rent-controlled"? Do you mean that there are places that aren't allowed to change the rent after you sign the lease? where do I find such places? do they have a specific name? thanks so much again

[@WadeLees]

@@danaa6024 any new builds that weren’t occupied by Nov 2018 aren’t rent controlled

[@Ban00]

@@danaa6024 buildings occupied by November 2018 are rent controlled. Rent increase for 2022 is capped at 1.2%. Meaning if you signed a $1850 lease the max your landlord can raise is $22.2 or $1872.2

[@danaa6024]

I can't thank you enough for this kind of videos. they help a lot especially for newcomers to Toronto like myself. If you have time and the mood to do so, please do tours for different kind of units like basement apartments ... etc Thanks a lot!!

[@stephandden]

Thanks, Dana! We'll definitely try and do more, showing different types of spaces. 😊

[@jonathanmoga5188]

That "track view" faces west. Which is very nice to have. We have great sunsets! Also,that looked like a gas range in the last unit. That's very rare and amazing to use.

[@stephandden]

The sunsets are always nice! & agreed, we love having a gas range 🙌🏾🙌🏻

[@AK-pz7om]

I must say, you all are part of the pioneers when it comes to Canadian finance content on KZbin. I subbed when this channel was

[@stephandden]

Thank you so much 😊✨ we appreciate you!!

[@ShopAtSpicywedding]

Thank you so much for making another one. And I appreciated you guys saying the area names too to give us an idea of "where" in DT. Would you consider doing a video on condos for sale instead of for rent?

[@stephandden]

Thanks for watching! Definitely, that’s a great suggestion. 😊

[@tosinadeniyi3958]

So exciting seeing Christianah! 😅 She was my realtor and she’s THE best!

[@stephandden]

Amazing!! She is great 🙌🏾🙌🏻✨

[@FredIsMyName22]

I love it when Den reacts to what Steph says thats a nice element of your channel

[@stephandden]

Thanks Fred! 😊

[@michellesun-forbes30under38]

Living vicariously through you!! Such an amazing apartment tour, I feel I was just there! Keep up with the awesome content!

[@stephandden]

Thanks Michelle! 😊✨

[@md-s7221]

Hey you guys are very focused on a downtown view but don't discount the units facing west. Toronto has some of the best sunsets in the world and a west view can be cheaper and gives you gorgeous scenery every night. Plus you don't get a ton of light in your apartment every morning, which is great on the weekends.

[@stephandden]

We're not personally focused on the view (our current spot doesn't have a downtown view, nor is it high up!), but they're fun to see when touring different spots 😊 The sunset views are always so beautiful!

[@cgurl]

Omg!! 1850 would be my max too. My partner and I are moving to Toronto from Vancouver in September!! I’m so excited to have found y’all’s channel. 🥳🥳

[@stephandden]

Ou that's an exciting move!! & we're so glad you're here 😊

[@selfloveapproach]

I’ve been touring and looking at so many different places in Toronto right now! Such a great time to rent.

[@stephandden]

Very true! ✨

[@veroniqueseguin-cadiche9971]

WE NEED MORE! Love, love, love this video 🔥✨Great insight into the Toronto housing market. Would love a third and fourth one focused on a type of apartment rather than the price. Ex: Studio apartment tours PS: I actually live in Paris and the prices are still super high. Thank you again for the great content you're providing!

[@stephandden]

Thank you!! 😊 We'll definitely try and do more!

[@mchowstylist2236]

I love your real estate series! One suggestion, the condos you’re viewing all seem to be very similar in design, and that’s likely because you’re looking at a very limited area of the downtown area in all new builds. I think it would be of benefit to new torontonians watching your videos to see what you could get at the same price if you were willing to move a little further east (leslieville) or west (roncesvalles) and maybe different types of apartments, ie house conversion, walk-up or older apartments. Keep up the good work!

[@stephandden]

Thank you! Yes, we were sticking to these for now during covid times, but we aim to venture into some other areas in future videos! 😊

[@axelsusanto6801]

FINALLY my most awaited video!

[@stephandden]

🥳🥳

[@sushantkulkarni8432]

I leased at 19 Bathurst with the same layout and got it for $1,700 in November . Amazing place and so convenient!

[@stephandden]

That's great!! 😊

[@anaguida1022]

Hey Steph and Den! I love your videos! Besides being interesting, their content is useful and the explanations are great! 😊 The only con I would mention about new condos is the lack of rent control (I am not sure whether you guys are aware about it or not, but it’s something that my boyfriend and I took into consideration when we were looking for an apartment to rent). 😉

[@stephandden]

Thanks Ana! 😊

[@miniplants3558]

I am loving the apartment hunt series! Thanks for the vid!

[@stephandden]

Woo, thank you! 😊

[@vedangg]

Quality content! Definitely subscribing. Personally I liked the third apartment more than others, felt spacious and even though I would love a great view of CN, watching trains while sipping coffee in evening is not a bad deal.

[@stephandden]

Thanks so much! 😊 & I like that idea - sounds relaxing!

[@keithferreira1192]

My brother and girlfriend just moved out of liberty village. They said it is more of a bachelor vibe instead of young couple. Not to say there are not any young couples but it gets noisy at night. In addition, there's a nearby homeless area with many tents all across the streets since the pandemic.

[@stephandden]

Interesting! It’s always hard to tell which areas will be noisy at night - our building is mostly older adults, but we still have a neighbour that’s always loud all night! Thanks for watching 😊

[@Victor-om9zx]

Id have to disagree. My girlfriend and I moved to LV last year and we love it. We also have a dog so it might be a bit different, but its like all we see are other couples at the dog parks ahaha But lots of nice parks in/around LV that are always filled with people have picnics. But you are right, one down side is the homeless area but to be honest it is more west and they don't really go anywhere but there. Even with the new respite areas out more west we noticed compared to other areas in Toronto, much less homeless people.

[@sassyandawesome3838]

Congrats for hitting and surpassing 30k!Great video, too!

[@stephandden]

Thank you so much! 😊🎉

[@daniel.h2940]

Great video Steph and Den, as my wife and I are looking to move as well, there is a hugeeeeeee decrease in price for rentals in Manhattan, NY, I’m talking about $480 decrease! Thus, we can continue to build up our house fund! 🙏🏿

[@stephandden]

Thanks Daniel! 😊 Woo that's great, get your savings on!!

[@FrankHuynh]

Nice video! I uploaded my $1750 Apartment in Toronto recently and stumbled on this - best of luck guys!

[@stephandden]

Thank you! 😊

[@cristinacindric]

this video is the first i’ve seen of yours but i just subscribed - the caliber of the editing and video quality is so great!!

[@stephandden]

Thanks so much, Christina! 😊

[@cscholar]

Awesome another downtown Toronto video! I can watch these all day, thanks!

[@stephandden]

Thanks for watching! 😊

[@dawsoniezen]

In unit 2 you had smaller appliances because it was a nicer, more luxurious unit. The builder put nicer appliances in to match that and nicer appliances are usually European, which are smaller. The oven, for example, was a Bosch. Bosch is originally a German company.

[@stephandden]

Thanks, Dawson 😊

[@colleenreid2429]

I love watching these videos especially! I really loved the overall vibe of The Harlow!

[@stephandden]

Thanks for watching! 😊

[@ajithansivakumaran3630]

ugh remember the dream at 16 in 2010 was to get a detached home which was reasonable in Toronto back then 500-700k . 11 years later we have pre-bid construction for townhomes in the GTA starting at about 700k . It's kill or be killed out here financially in the 6ix unfortunately lmao.

[@stephandden]

Hahaha so true, the housing prices grew up faster than we did!

[@TheSuperHeroOfLove]

It's good to see Toronto again, as I have not come downtown since June as I work down there on Front and Bay. Thank you both of you for the video! Love you guys a ton!

[@stephandden]

Thanks, Andray!! 😊

[@jakestake5349]

My buddy Brad built the last Condo, the Harlowe. It's named after his daughter, and he went for that New York vibe in the architecture and design.

[@joshuamartin5529]

awesome video but one way you can turn a "negative" into a "positive" is with the 3rd unit that had the subpar view facing the city. yes all you see is the train tracks but you would also get to see amazing sunsets.

[@JamoSimcity47]

I'm from Saint Louis, Mo; the market over here for renting in the city ranges from $1,300 - $1,600. But I'm seriously thinking about moving to Toronto thou. Thanks for the videos.

[@stephandden]

Thanks for watching, Jamison! 😊

[@therichbuddha3277]

Guys, this is a great vid and series! It's on par with Serhant vids and he has a whole production team! Great to see TO represented as well as NY or LA. You guys need to get your RE licenses! :)

[@luckystar225]

I also visited some condos in all of these neighborhoods but quickly realized that living in the downtown core just wasn't my jam. I ended up signing a lease for a 1-bedroom in a non-condo apartment building in the Annex. 475 sqft for $1490, including utilities!!! 14th floor with an amazing view. Feel so lucky.

[@stephandden]

The Annex is a great neighbourhood! That's awesome - congrats 😊

[@luisruiz3638]

That's so cool! Reminds me when my gf and I were looking for apartments just a few months ago around the same area.

[@stephandden]

Thanks Luis! 😊

[@xoReni]

My faves in one video! Christianah is great 🙌🏾🙌🏾 loved the video

[@stephandden]

Thanks, Reni! Christianah is amazing 🎉

[@daihunter9866]

I loveeeeeeeeeee these videos!!

[@stephandden]

Thanks Dai! 🙌🏾🙌🏻

[@Hollz_Au]

Remember, no rent control on new builds!

[@asadb1990]

yeah get used to moving every year.

[@stephandden]

Hey Holly! You're right, for ones built after November 2018 😊

[@OfficialGundem]

what do you mean? rebt can change at any time?

[@Hollz_Au]

@@OfficialGundem After the initial lease there is no limit on how much the landlord can increase the rent by. They can still only do it once a year, but it can be greater than the current 2.2% max increase (they can even double the rent it if they feel like). That being said - 2021 has a rent freeze on for all units.

[@OfficialGundem]

@@Hollz_Au Good to know. Thanks for explaining.

[@victoriajerke5736]

Great video! I’m from Winnipeg and I’m moving to a townhouse 1 bedroom, 1,5 bathrooms and patio next month. We’ll be paying $1470, which includes a parking spot. I was feeling pretty bad about paying all this money on rent, but watching this made me feel better lol although I was very impressed with the quality of the appliances and bathrooms in some of the units you’ve shown.

[@stephandden]

Thanks Victoria! Have a great move! 😊

[@Kevin-sm8pn]

But the problem is you have to live in Winnipeg and honestly that's too expensive! I want to le in Toronto damn it! And I want to have more space for less money damn it!

[@victoriajerke5736]

@@Kevin-sm8pn Sounds like you have a problem at your hands, friend. I'm confident you can solve it creatively, though. Good luck!

[@andrefcrocha]

I love these videos! Hope these prices stay this way for at least another year, starting to have FOMO... Great job and would like to see more of these videos.

[@stephandden]

Thanks André! 😊

[@fatisummer9106]

#2 - $1,830 is the cutest,i like it so much

[@stephandden]

It was so nice! ✨

[@rachelroe33]

My husband and I live in Hamilton in an older building downtown. Its beautiful..built in 1948 on a heritage corner with a church built in the 1880s behind us, so out back looks out onto the courtyard. The living room windows are big and have tons of light, all hard wood. We got it in 2014, including parking for 830$ ...units now go for over $1250...everywhere here is so overpriced due to the insirge of ppl in the last few years. If you are looking at Hamilton, look in the Durand neighborhood..so great and friendly. Access to a lot and close to Locke Street.😁

[@feelnowayss]

Washington DC here! Got a 1br apt with a parking spot for $1900 USD.

[@marlataylor]

HEY DENIS!!! We used to go to the same church when we were kids 😂 Good times! Your video popped up on my recommended. Glad you're doing well! - Marla

[@stephandden]

Hey Marla! Of course I remember you! Hope you and your family have been doing well, too! 😊

[@MarzAttacks]

Number 2 was definitely the nicest. You guys have nice taste!

[@stephandden]

Thanks for watching! 😊

[@aishatousif956]

Thank you so much for this! Loved it!

[@EillaMae]

perfect timing... my partner and i are currently looking for apartments and we've seen and like these apartments.. you pretty much did the hunting/touring for us! haha

[@stephandden]

Haha, so glad we could help! Good luck with the move 😊

[@carleigherica6341]

I live in Halifax NS and I plan to move to Toronto for school next year. While the prices have dropped in other large cities in the country, they have skyrocketed here. Many people moved to the East Coast in the last two years, and our vacancy rate (in Halifax) is now less than 1%. Our units are the almost the same price as similar ones in Toronto for fewer opportunities and smaller infrastructure. Halifax might be an “up and coming” city, but as of right now, it’s a tough life for the locals, who are being pushed out of the city by developers trying to keep up with the growing population. Our wages are smaller on average and our taxes are higher, but rental units (that aren’t filled with bugs and mice, those ones are less expensive) are almost the same price as a city that has an average salary double that of Halifax.

[@amandacsim]

Can you please do more of these videos!! It's so awesome to see the different types of apartments Toronto offers at these various prices.

[@stephandden]

Thanks Amanda! More to come 😊

[@amandacsim]

@@stephandden Yay, can't wait! :D

[@FancyDress21]

Very interesting and loved Christianah's vibe too ☺

[@stephandden]

Thank you! She's awesome 😊

[@victoriabulambo6672]

. I am looping for an appartement in Toronto and learn a lot. Thank you

[@stephandden]

Thanks for watching! 😊

[@JK-em8ss]

i am at mid-down town area(5min. ttc bus to ttc line 1 station), of city of Toronto, i got my bungalow house for 1500, it has 2 + den and 1.5 washroom + 2 parkings + shared backyard, upper level. incl. water, heat, a year before pandemic. I know its crazy rare. my landlord told me that there was over 400 application for the house. All I can say, if you really want it, prepare what you can do best, contact landlord more and more. "communication" and p"reparation" is the key words. I am now here for 3rd contract years already but my landlord hasn't change rent fees.

[@stephandden]

That’s great!! Thanks for sharing & the advice 😊

[@timoterapy]

As somebody who lives over an hour away from Toronto and has bought a condo. It's hilarious what you get for $1800 renting. Honestly Toronto has to be one of the most expensive cities in the world

[@stephandden]

It’s definitely expensive!

[@joymehta9369]

Loved the info

[@DW-xt7vz]

Good luck! Lots of bargains out there - take advantage of your catbird position and lock in something amazing at these low rents which will take you through until it’s time to buy.

[@stephandden]

Thanks for watching! 😊

[@JohnFinnigan1]

My gf and I moved into a unit in December. It's a 700 sqft 1+ den in a 15-yr old building, two bathrooms, large balcony, full-sized kitchen appliances, right by Yonge-Dundas, for $1790/month (and we got $100 off our first 2 months). Normally it would easily go for $2300 or more. Definitely got a great pandemic deal

[@stephandden]

That is a great deal! 👏🏾👏🏻

[@smartinez943]

Loving these apartment hunting videos!

[@stephandden]

Yay, so glad you're liking them! 😊

[@yes4993]

I’m from the uk, but i really want to move to Toronto, it seems like such a lovely city :)

[@stephandden]

We love it here! 😊

[@Vxruxxss]

Okay love this series you guys are doing!

[@stephandden]

Thanks Hamda 😊

[@LivingInElysium]

The second unit is definitely a Concord Pacific building. My bathroom in Vancouver looks exactly the same.

[@stephandden]

Nice! 👏🏾👏🏻

[@Marris_Aus]

The second apartment is 🔥

[@jonathanyuanyt]

i use to live in Toronto before i started school. God i miss this city. Thanks for the vid!

[@stephandden]

Thanks Jonathan! 🙌🏾🙌🏻

[@arghavanpsi1852]

these kind of videos are soooo useful and awesome thank you and keep going plz

[@stephandden]

Yay so glad you liked it! 🙌🏾🙌🏻

[@KennethYimHomes]

Love your filmmaking and story telling. Great work!

[@stephandden]

Thanks, Kenneth! 😊

[@muhlaynee]

#3 has an unobstructed west facing view. You would have light until sunset. The others were north or east facing. The Harlow is south facing but awkward in shape

[@stephandden]

Thanks, Malene! ✨

[@doriangray4375]

I'll be moving to Toronto from Windsor in April, and I'm super glad that prices have come down.The Ice buildings and Maple Leaf Square are the main condos I'm looking at because they're attached to The Path. The prices for a 1+1 are about the same as the condos you looked at. What I don't like about some of these condos is the placement of the microwave below counter level. As someone of a certain age, I don't need to be bending down every time I want to heat up my coffee!

[@stephandden]

Good luck with the move! 😊 Good point hahaha - I agree, the low microwave is not very functional!

[@elledoes9042]

Don't know if this is too late but stay away from Ice

[@doriangray4375]

@@elledoes9042 Thank you! I DID keep away from Ice! I’m very happy at Maple Leaf.

[@Yamataki]

Such beautiful places (and the views!!), love touring them with you! I‘ts interesting that rents went down with the pandemic. Never been to Toronto but now I could almost imagine living there 🤣

[@stephandden]

Thank you! 😊 hahah yes it’s nice to see the decrease for once!

[@thomasc7526]

All these apartments come with a den, thought you already had one Steph!

[@stephandden]

😂😂 You're right, I'm all set!

[@SuperDanny1016]

Nice one!

[@LanaASmith3]

Interesting video! I would say for the 500 sqft range you could get something for $1600 now a days with covid pricing. I’ve seen units in my building downtown consistently renting for around that price. You can also always negotiate with the landlord especially if it’s been on the market for awhile.

[@stephandden]

Thanks Lana 😊 Very true, there's more room to negotiate in this market

[@DarrenDobson]

So informative and entertaining. Keep up the good vids. Darren from T.O.

[@stephandden]

Thanks Darren! 😊

[@NeroMai]

Queen St is such a nice neighborhood, but that last apartment wasn't my cup of tea 😅

[@stephandden]

So nice! We didn't love that exact unit - but did love the building!!

[@beautybykarenxox]

Absolutely loving your content (as always haha)!! This is so helpful. Thank you so much :)

[@stephandden]

Thanks so much for watching! 😊

[@eleighswood6203]

I'm from Windsor, ON and we're getting a lot of the people moving away from TO, so our prices are climbing at a crazy rate. Interested to see you can get so much more in TO for not that much more per month..

[@ArjunApproach]

I'm in the middle of finding a new place downtown as well. I really like the second one, which building is that?

[@stephandden]

It's 19 Bathurst 😊

[@dianaa8125]

Great video idea 👍. I live in Perth in an apartment and in comparison my apartment is similarly sized but seems differently proportioned! My laundry is in a cupboard by my the front door where there are storage cupboards in a short corridor. This is great place to take off shoes. Then off the corridor I have a kitchen with an island and dishwasher with an open plan dining room and living room. Right next to that is our bedroom with I guess a very small walk in closet. It's kind of a stretch to call it that... It's a closet behind a wall and next to our bedroom is the bathroom with no bath (ugh). Our kitchen/dining/ living room looks out onto our large balcony (about 3 times bigger then the ones in the video) with a beautiful view of the trees in the park. If I lived in an ideal world i would reorganise our apartment thus: same apartment and view...Kitchen and living combined. No dining room because we eat on our sofa or outside on the outdoor dining furniture. Bathroom to include a bath. Bedroom to either be larger or a small den with a view. Same balcony

[@stephandden]

Thanks for watching & sharing! 😊✨

[@spongebobgirlfriend]

That intro beat thooo 🔥🔥🔥

[@stephandden]

🥳🥳

[@Sarahyangtoronto]

Now is the best time to rent a condo because it dropped a lot in price and lots to choose from.

[@stephandden]

Very true! ✨

[@kassandraha.5472]

The 3rd unit was the best one by far. So much space I was confused at you guys saying it was an underwhelming space. I would rather more room than just a nice view. Just saying

[@stephandden]

Everyone has different preferences! It was a great space 😊

[@toripuras]

LOVE the windows in that last place 😍

[@stephandden]

So nice! 🤩

[@MichaelCeratops5678]

I really enjoyed your video. That place in Liberty Village seems like a steal for such a desirable area and 2 bathrooms is a bonus. I wonder what the rent have been at the beginning of 2020. Pre-pandemic I was considering moving to Toronto. The only places I could find a decent 2 bedroom for under $2k were towards Etobicoke, East York, or North York area. I live in London, ON. In downtown London median rent for a 2 bedroom is about $1900 + utilities. I paid around $200/ month for underground parking when I lived downtown. Rent downtown is about 30% more than the median rent for the whole city. Average rent for a 2 bedroom in the city is $1500 and has gone up 2% since last year. But there are about 8000 units (16% of all units) in arrears from 2020 to present. Vacancy rate has gone from ~1% at the beginning of 2020 to just over 5% now. Many rental properties are geared for student rentals but many did not return to the city this year. The average cost of a house in London was $500k in June. It's now at $600k. Supply is low, demand seems high. Most houses, apartments, and condos sell over asking.

[@stephandden]

Thanks for watching! 😊

[@ivicafrederic582]

I love your videos. It prepares me for the real world.( seeing as I'm only 17 living in Ottawa and Montreal) keep it up. ♥️. Can't wait for another budgeting or investing video.

[@stephandden]

Thanks so much, Ivica! More budgeting and investing videos coming up soon 😊

[@NY-ny8lm]

Love your videos! Looking at moving to downtown Toronto soon and this is some great content :)

[@stephandden]

Thank you! 😊

[@cronstrubzo]

love it. you guys are cute. would love to see a budget version of this video (1000-1300$ range)

[@stephandden]

We'll be doing more of these in the next few months! Great suggestion 😊

[@EndlessClothing]

Love these vids. Please keep doing them, if possible.

[@stephandden]

Thanks Rafael! 😊

[@cocoa_cake]

what do you two find most important when looking at new apartments that you hope to live in?

[@stephandden]

For us cost is number one - we pay $1,850 now ($925 each) and don’t plan to spend more than that when living downtown! Then in unit laundry, a good oven, lighting... and location (walkable to grocery stores, etc.) We like our current place now, and don’t plan to move - but always interesting to see what’s out there 😊

[@ShopAtSpicywedding]

Pre pandemic, were you guys able to walk to work or had to take transit?

[@OfficialGundem]

@@stephandden does 1850 include utilities?

[@stephandden]

We could talk, or take public transit if we were feeling lazy, ha!

[@stephandden]

No! We pay approx $75 extra each for internet and hydro (so around $1000 each total) per month

[@julianna.3852]

Hey there! I’m also from Toronto and a new subscriber, I love your videos and I would say the first unit was my fav 🥰

[@stephandden]

Thanks, Julianna! 😊

[@braganzaA]

Winnipeg: You can buy a very large house for what you spend for a shoebox apartment condo in TO (just bring a parka)! Housing market here has always been historically affordable, most bang for your buck.

[@stephandden]

Yes, Toronto’s definitely much for expensive then Winnipeg! But it also depends on where you want to be, location wise 😊

[@gopal1035]

Thank you to both of you.

[@stephandden]

😊😊

[@SophArmstrong]

I live in Perth, Australia and pay $125p/w in a 4 bedroom 2 bathroom 1 theatre room house. I share the master with my boyfriend and we have another room as a spare bedroom/office and then the other two rooms are used by another couple. It’s actually crazy how different rental markets are around the world 🤪

[@stephandden]

That sounds like a great set up! So true, it’s crazy to see some of the differences!

[@JoeyToronto]

As I was apartment hunting for whatever reason perhaps to take advantage of the lower rates and move back to Toronto from Mississauga, I came upon a lot of good offers for condos. But here's the thing with condo's; a lot of people have moved back with parents or moved out of their condo since COVID, which is the reason for the lower rents and higher vacancy rates. Condo owners are desperate. Beware of this, because when things get back to normal again and the typical rent goes up again condo owners can kick their tenant out with only 60 days notice, they can say they want to move into their unit or they're selling their condo. So, unless you're looking for short term rental you can be kicked out as it's privately owned as compared to a regular apartment. I would never rent a condo for that reason.

[@MarisonArcilla]

HURRAY FOR THE UPLOAD!! 🤩

[@stephandden]

🙌🏾🙌🏻

[@chrisdale2625]

It's really expensive here in Toronto I pay $1,500 for a basement apartment in Scarborough then food and bills and it's costing me about $ 2000 for everything a mouth

[@MariaChelidoni]

Hi guys! Really informative video. Well from where I come from we're not talking about more than 500 euros (740 canadian dollars). Funny since we are thinking of moving to Toronto! Hugs from Greece!

[@stephandden]

Thanks, Maria. 😊 Too funny, that’s a big difference!

[@MariaChelidoni]

@@stephandden Yeap. It will be maybe close to Toronto. But I am an actress and drama teacher so Toronto is the best choice when we're talking about Canada. Stay safe!

[@90sBabyx]

I am from halifax, nova scotia. i like your videos better than house hunters on hgtv! just subscribed

[@stephandden]

Thanks Lamar! 😊

[@olgac5516]

Thank you for doing this vid! I also live right downtown (financial district) and pay $1750 (hydro, internet and cable included) for a 1+den and 1 bath condo. I’ve seen similar units for under $1600 so I might move once my lease is up in the next few months 🤔

[@teliciada]

Have you tried to renegotiate your rent?

[@olgac5516]

@@teliciada no because the floor layout of this unit isn’t very functional for me plus this building/unit is too old for my liking so I decided to not stay beyond my lease. I might try it I figured it didn’t make sense to renegotiate for just a few months but thank you for bringing it up 👍🏼

[@stephandden]

Thanks for watching! Good luck with the search and move - it's definitely a good time to try and find a spot with lower rent for the same (or more!) space 😊

[@MsMinz3]

Where (website) have you seen similar for under $1,600

[@mrwhosetheboss1685]

Canadian dollar or us dollar