GTA rental statistics

TREB members reported that condominium and townhomes rental was up 18 percent up from this 4,139 to 5,079. Transcations reported during the same time period during 2010.The  average rental rates went up from the last year.A one bedromm apartment rented for an average of $1,485 per month, up 1.5 pecent year over year.A two bedroom apartment rented for an average $1,958 per month, up 2.5 percent compared to the first four month of 2010.In the central area and west area it has increased from 1.2 percent to 1.9 percent from last year.The two bedroom townhouse with a rent of $2.028 had decreased 8.4 percent from 2010.

But in the east area the 129, one bedroom units with a rent of $1,253 per month with a increase of 1.4 percent from last year.A two bedroom apartment with a rent of $1,455 per month with a decrease of 1.0 percent from 2010.

Ghulam Wahedi

Ghulam Wahedi

Broker
CENTURY 21 Leading Edge Realty Inc., Brokerage*
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