Affordable rent in Toronto: not a myth yet, but it’s not looking good

David Demchuk, President of the Bleecker Street Housing Co-operative

David Demchuk, President of the Bleecker Street Housing Co-operative

The average rent for a one-bedroom apartment in Toronto right now is $1,532. Betty Hodgkins pays $896. Her building has an outdoor gazebo, regular euchre nights, holiday lunches and dance lessons, plus free ESL classes for residents who want to improve their English.

The average rent for a two-bedroom apartment is $2,037. David Demchuk pays $971. His place is a 15-minute walk from the subway, and also a quick stroll from the Eaton Centre or Riverdale Park. The 254-unit complex has a small but decent gym, two computer labs and a shared vegetable garden… Read More

Source Photo and Text: The Globe and Mail