Inspired by the BuzzFeed series about what $1,000 in rent would get you across various countries, I decided to do a similar list with neighbourhoods across Toronto.  I had to bump up the set price a little bit since this is Toronto and the average price of a two-bedroom apartment is about $1,700 a month in rent, or $1,900 for a condo.

Nonetheless, I set my research around a two-bedroom with a $1,600 asking price maximum, because in this city we're all looking for a bargain.  Please refer to 10 Signs Toronto Is Making You Poor.


Downtown Core - $1,600

Toronto Condo Team

Size: 600-699 sq. ft.; 1 bedroom + den

Neighbourhood: Bay Street Corridor

Pros: Washer/dryer, microwave, quartz stone countertops,walking distance to everything.

Cons: View of a brick wall, den is likely too small to count as second bedroom.


Waterfront - $1,400

Toronto Condo Team

Size: 600-699 sq. ft.; 1 bedroom + den

Neighbourhood: Queens Quay West

Pros: Washer/dryer, close to the lake and Rogers Centre, den could double as second bedroom.

Cons: No real view of the lake.


Yorkville - $1,700

(Sidenote: Had to bump up the price point with this one.  Yorkville is the most prestigious area in Toronto and finding a decent 2-bedroom close to $1,600/month was impossible.)

Kijiji

Size: 500-599 sq. ft.; 1 bedroom + den

Neighbourhood: Bloor and Avenue

Pros: Washer/dryer, microwave, granite countertops, prestigious address, close to everything, den can be used as second bedroom.

Cons: Above price point, small in size.


West End - $1,550

Toronto Condo Team

Size: 2,000 sq. ft. lot; 2-bedroom, semi-detached home

Neighbourhood: Dovercourt-Wallace Emerson-Junction

Pros: Two-storey house, two full bedrooms, washer/dryer, parking, utilities included, close to Ossington subway station.

Cons: Not as close to downtown.


Midtown - $1,550

Toronto Condo Team

Size: 2-bedroom multiplex apartment (sq. ft. not specified but size appears substantial)

Neighbourhood: Forest Hill

Pros: Two full bedrooms, washer/dryer, parking, popular location (between Eglinton Ave. and St. Clair Ave.)

Cons: Not near a subway.


East End - $1,575

Toronto Condo Team

Size: 700-1100 sq. ft.; 2 bedrooms

Neighbourhood: Danforth Ave-Woodbine Corridor

Pros: Two full bedrooms, washer/dryer, parking spot, kitchen island, back deck, alarm system, close to Woodbine subway station.

Cons: Not as close to downtown.


York - $1,450

Toronto Condo Team

Size: 700-1100 sq. ft. lot; 2-bedroom basement apartment

Neighbourhood: Mount Dennis

Pros: two full bedrooms, granite countertops, parking, internet and cable, short drive to YorkU.

Cons: Not near a subway, not close to downtown.


North York - $1,600

Toronto Condo Team

Size: 1500-2000 sq. ft.; 3-bedroom bungalo

Neighbourhood: Newtonbrook West

Pros: Three bedroom spacious detached home, 2-car parking garage, backyard, washer/dryer.

Cons: Not near a subway, not close to downtown.


Etobicoke - $1,600

Toronto Condo Team

Size: 800-899 sq. ft.; 1 bedroom + den

Neighbourhood: Islington-City Centre West

Pros: Washer/dryer, microwave, balcony, den big enough to be second bedroom, good location, close walk to Kipling subway.

Cons: Not close to downtown.


Scarborough - $1,600

Toronto Condo Team

Size: 3-bedroom detached home (sq. ft. not specified but size appears substantial)

Neighbourhood: Rouge

Pros: Two-storey detached home, 3 full bedrooms, 3 bathrooms, fenced backyard with patio, washer/dryer, microwave, garage, gas fireplace.

Cons: Not near a subway, not close to downtown.

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