Each region of the Greater Toronto Area is unique in its own way, so it’s not surprising that rent prices and overall cost of living tend to vary depending on which part you live. For example, if you’re living in a downtown Toronto apartment and you’re paying $2,000 a month rent for a one-bedroom, you’re more than likely living a normal lifestyle.
In contrast, if you were paying that much in Mississauga, you might be somewhere closer to the higher end of things, depending on your location.
It comes as no surprise that living in the 6ix can be expensive. According to a new study done in October, the rent of an average Toronto apartment rose to $2,500 a month, reaching an all-time high.
Of course, while some apartments throughout the GTA are much more expensive than that, you can also find some rentals on a cheaper scale.
However, buying a home isn't much better. It was also revealed in October that a condo for sale in the big city costs just as much an average Canadian home.
To further explore this idea of just how much bang your buck can get you depending on where you live in the GTA, we’ve decided to create a list of $1,100 apartments across a variety of Toronto neighbourhoods.
Shared Downtown Toronto Apartment
Address: 964 Dundas St. W., Toronto, ON
Description: If you're looking for something under $1,000 chances are you won't be in the apartment alone. This apartment gets you a single bedroom in a five bedrooms apartment.
Interested tenants would join a group of 5 people with you included all students or young professionals. The bedrooms, as well as the loft, are fully-furnished.
Small Brampton Basement
Address: 4 Jeffrey St., Brampton, ON
Description: A spacious one-bedroom basement apartment that has onsite laundry and is conveniently located minutes away from Bramalea Mall.
Spacious Mississauga Basement
Address: 98 Falconer Dr., Mississauga, ON
Description: This basement apartment has its own private half-bathroom. It also comes with a Queen sized bed and free-access to cable TV. You'll share all the common areas with two other tenants.
Bright North York Studio Apartment
Address: 1035 Sheppard Ave. W., North York, ON
Description: This place is ideally looking for a student. A fully-furnished, all-inclusive bachelor apartment, located 7 minutes away from Sheppard West Subway Station. It is also close to the Yorkdale shopping mall.
Oakville High Rise Apartment
Address: 1130 Queens Ave., Oakville, ON
Description: A one-bedroom high rise apartment with spectacular views and ravine trails. It's located close Oakville Place Mall and the building features its own heated pool.
One-Bedroom Markham Basement
Address: 104 Stargell Cres., Markham, ON
Description: One-bedroom basement apartment with a parking spot. Wifi and other utilities included The place also comes with its own dinner table.