Finding an apartment in Toronto can be a challenge, depending on the budget of course.
The average rent for a one-bedroom condo apartment is close to $1,800 a month, according to the Toronto Real Estate Board, but where can you find one at this rate, and what if you have a lower, or the other way around, a higher than that budget?
We have decided to run a number of searches on our website http://horseshoerealestate.com to build a map of what and where you can rent for some certain price ranges for 1 Bedroom Condo Apartments currently listed for rent on Toronto Real Estate Board:
- Under $1,000/m
- Over $4,000/m
1B Condo Apartments for rent under $1,000/m:
There are not much at all at this price range, but surprisingly, one near the subway!
1B Condo Apartments for rent $1,000-$1,250/m:
Pretty much the same story as above is here too.
1B Condo Apartments for rent $1,250-$1,500/m:
More to chose from at this price range, starting from $1,300.
1B Condo Apartments for rent $1,500-$1,750/m:
Over 400 apartments to chose from at this price range not only in Toronto but also at Mississauga City Center.
1B Condo Apartments for rent $1,750-$2,000/m:
Almost 600 apartments for rent at this price range, including more 1+Den's.
1B Condo Apartments for rent $2,000-$2,500/m:
High-end segment apartments are available mostly at Toronto Downtown and Mid Town neighborhoods such as Annex and Yorkville with slightly over 200 apartments to chose from.
1B Condo Apartments for rent $2,500-$3,000/m:
If $2,500/m for 1 bedroom apartment is not too expensive for you, you can rent out one in downtown even at the higher price, but your choice will be limited to less that 50.
1B Condo Apartments for rent $3,000-$3,500/m:
Some landlords want to make even bigger bucks o rent, offering their 1bedrooms at over 3,000/m. Must be a premium for a good view or exceptional neighboorhods features.
1B Condo Apartments for rent $3,500-$4,000/m:
We will leave this price-range without comments, as well as the following one, offering 1bedroom apartments for rent at 5,000, 6,000 and even higher rates.
1B Condo Apartments for rent priced over $4,000/m:
Dollar Value Map of 1br Condo Apartments for Rent
Presenting you 1 bedroom condo apartment rental rates map. Every hexagon is marked with a "price tag" and highlighted in a certain color.
Greener colors represent cooler prices, yellowish - prices somewhere in the middle, and reddish colors - rental rates at the higher end.
Sq.foot Price Map of 1br Condo Apartments for Rent:
This image represents a rent-value-per-square-foot heatmap. As you can see, the most per every square foot of your property you can get in Toronto's Entertainment District, which will be even higher that in the city downtown, or waterfront communities.
Possibly undervalued rental apartment with asking price less than rental rates for the similar properties in the neighborhood
When most landlords ask for either a fair price or overvalue their properties looking for the tenants at the higher than normal rates, some ask for less money than their apartment can be rented out for. Can we find them!? Yes, we can.
Our software allows us to spot these properties in seconds and find some really good deals for our clients.
In this case, as an example, we were able to find 78 1 bedroom apartments with asking price between $1,500 and $1,750/m, where similar properties in their neighborhoods were rented out for at least $1,800/m. Isn't that a good deal?
All maps were built by our own real estate market analysis tools.
Hoping you find this quick condo rental market overview useful. If you have any questions, pease do not hesitate to contact us.