A 19-metre-tall rubber duck floats in Toronto Harbour. The city’s property sales market has cooled over the past seven months, but the average price of a home is still C$735,021. Photo: EPA
A 19-metre-tall rubber duck floats in Toronto Harbour. The city’s property sales market has cooled over the past seven months, but the average price of a home is still C$735,021. Photo: EPA

Steep jump in Toronto rents sends apartment hunters to the suburbs

Average monthly rent for apartments in Toronto up 9.1pc last year to C$2,166

A 19-metre-tall rubber duck floats in Toronto Harbour. The city’s property sales market has cooled over the past seven months, but the average price of a home is still C$735,021. Photo: EPA
A 19-metre-tall rubber duck floats in Toronto Harbour. The city’s property sales market has cooled over the past seven months, but the average price of a home is still C$735,021. Photo: EPA
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