| | | | | | |
Graph of TREB Prices Rental Market indicators in the GTA
See the Average Price Cycles
from January 1995 to Date - a very interesting cyclical pattern is clearly
seen!
See how the historical 1 year mortgage interest rate
compares to the 5 year rate
This chart shows the breakdown of single family residential sales
for last month.
Toronto's rental stock varies widely in structure, ownership and price. About half of the rental stock is conventional, purpose-built apartments built by the private sector. The other half consists of houses, apartments and co-operatives in the social housing sector.
Rental vacancy rates have been relatively low throughout the last decade but this trend has reversed in the last three years. The building of condominiums, some of which are rented or sublet, has eased pressure on rental accommodations.
| Apartment vacancy rates in the Toronto Census Metropolitan Area 1999-2003 | ||||
| 1999 | 2000 | 2001 | 2002 | 2003 |
|
0.9% |
0.6% |
0.9% |
2.5% |
3.8% |
Est. Monthly Rental as of Oct.-Dec. 2004 (CDN $) |
||||
| Municipality | Standard Condominium Apartment | Standard Two Storey House | Standard Townhouse | Senior Executive House |
| Brampton | 1,250 | 1,800 | 1,450 | 3,000 |
| Burlington | 1,200 | 1,650 | 1,200 | 2,500 |
| Markham | 1,500 | 2,250 | 1,600 | 2,750 |
| Mississauga | 1,350 | 1,850 | 1,600 | 3,000 |
| Oakville | 1,500 | 1,900 | 1,500 | 3,500 |
| Richmond Hill | 1,400 | 1,550 | 1,400 | 2,400 |
| Toronto - Etobicoke (Islington/Kingsway) | 1,500 | 2,000 | 1,500 | 4,000 |
| Leaside | 2,200 | 3,200 | 2,500 | 4,200 |
Apartment - Monthly Rental (2002) |
||||
| Municipality | Bachelor | 1-Bdrm2-Bdrm | 3-Bdrm + | |
| Ajax/Pickering/Uxbridge | n.a. | 741922 | n.a. | |
| Aurora/Newmarket/Whitchurch-Stouffville | 558 | 767885 | n.a. | |
| Brampton | 674 | 8721,026 | 1,118 | |
| Halton Hills/Milton | n.a. | 790892 | n.a. | |
| Markham | 607 | 829982 | 1,127 | |
| Oakville | 703 | 8981,047 | 1,251 | |
| Richmond Hill/Vaughan | n.a. | 8621,008 | 1,187 | |
| Toronto City | 757 | 9551,244 | 1,786 | |
| Mississauga | 690 | 9031,045 | 1,153 | |
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Mississauga MLS Real Estate Properties & MLS.CA Homes for Sale | All Pages including Mississauga Real Estate Blog all maintained by info@mississauga4sale.com Copyright © A. Mark Argentino, P.Eng., Broker, RE/MAX Realty Specialists Inc., Brokerage, Mississauga, Ontario, Canada L5M 7A1 (905) 828-3434 First created - Tuesday, July 16th, 1996 at 3:48:41 PM - Last Update of this website: Tuesday, April 9, 2024 7:24 AM
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