Padmapper.com monitors rents across the country. They have been reporting that Toronto has been trailing Vancouver closely for the past few months in high rent. The most notable bump up in prices this month was Toronto’s one bedroom rent, inching $20 past Vancouver’s to now rank as the most expensive in Canada.
Barrie finished off our top five markets with one bedroom prices down a slight 0.8% to $1,260. Two bedrooms saw an even bigger downward trend, falling 2.4% to $1,610.