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toronto apartments for rent

Hello, Toronto! It's that time once again.

Narcity's weekly guide — THIS WEEK IN TORONTO — has what's going on in the city from May 20 to May 26.

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Finding Toronto apartments for rent and rental condos in Toronto can be difficult if you don't know what to do.

But there are tips from realtors and real estate agents — like places to avoid, neighbourhoods to look at, how to spot a good rental, and more — that can help you.

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Toronto is one expensive city to live in and its rental market does not make you feel like a winner. For the second year running, Toronto has clinched the honour of having the highest cost of living in Canada, according to Mercer's Cost of Living Survey.

But what makes us reach for our wallets the most? Well, it's the median price for a one-bedroom Toronto apartment, which these days ring in at a meaty $2,400 a month — an increase of $400 from what tenants were shelling out last summer.

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I lived in various Toronto squalors throughout my early 20s before I finally secured what I deemed to be "enough money" to rent a unit in a downtown high-rise, at which point, I realized what I thought would be a an impressive milestone was, in fact, the dumbest decision I had made in years.

It was the summer of 2018. I had just booked a mildly embarrassing H&R Block commercial that had mercifully prevented my savings accounts from starving to death, and I was strolling around Yorkville with my best friend and a completely unearned chip on my shoulder.

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The cost of living in Ontario has been on most people's minds lately, from the average going rate of an apartment for rent to the cost of groceries, and it's no surprise that people are searching for money-saving solutions.

However, some aren't impressed by an Ontario landlord's move to try and raise their tenant's rent above the maximum increase for 2023 and blame it all on interest rates in Canada.

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