Best answer: What is the cheapest area to rent in Toronto?

Which part of Toronto is cheapest?

The Most Affordable Neighbourhoods in the 416

  • West Humber-Claireville (Toronto, Ontario) …
  • Rexdale-Kipling (Toronto, Ontario) …
  • Thistletown-Beaumond Heights (Toronto, Ontario) …
  • Bendale (Scarborough, Toronto, Ontario) …
  • Woburn (Scarborough, Toronto, Ontario) …
  • Morningside (Scarborough, Toronto, Ontario)

Where is it affordable to live in Toronto?

The 8 Best Neighbourhoods in Toronto for Affordable Rent

  • Guildwood Village (Scarborough) …
  • Weston. …
  • Black Creek. …
  • Rexdale. …
  • East York. …
  • Scarborough City Centre. …
  • Mimico-New Toronto. …
  • Keelesdale–Eglinton West.

What is the least expensive city to live in Canada?

The Cheapest Cities to Live in Canada

  • Val-d’Or, Quebec.
  • Sarnia, Ontario. …
  • Prince George, British Columbia. …
  • Brockville, Ontario. …
  • Weyburn, Saskatchewan. …
  • Lévis, Quebec. …
  • Longueuil, Quebec. …
  • Saint-Jean-sur-Richelieu, Quebec. Saint-Jean-sur-Richelieu lies on the banks of the Richelieu River at the northern tip of Lake Champlain. …

Is Toronto a cheap city?

Summary about cost of living in Toronto, Canada: Family of four estimated monthly costs are 3,498$ (4,422C$) without rent. A single person estimated monthly costs are 967$ (1,223C$) without rent. Toronto is 26.59% less expensive than New York (without rent).

IT IS IMPORTANT:  Is TD Canada Trust an American bank?

Where can I afford to live in Ontario?

Top 5 most affordable medium sized cities

  • Sarnia (99.18)
  • Thunder Bay (98.58)
  • Sudbury (96.54)
  • Stoney Creek (96.84)
  • Sault Ste. Marie (96.52)

How much does a flat in Toronto cost?

For estimate purposes, apartments for sale costs $429,000 to $489,000. There are also more expensive co-ownership apartments, some selling for up to $729,000. On the other hand, a few others cost less, ranging from $289,000 to $365,000. Seeking cheaper apartments below $289,000 in the city of Toronto is impossible.

What city has cheapest rent?

The 50 cheapest places to rent in America

Rank City 1-BR Average Rent
47 Pittsburgh, PA $1,571
48 Hartford, CT $1,413
49 Dallas, TX $1,387
50

Where can I live for free in Canada?

Although there are no current updates on these locations, these 9 Canadian towns may still be giving away land for free or for cheap:

  • Mundare, Alberta. …
  • Pipestone, Manitoba. …
  • Scarth, Manitoba. …
  • South Knowlesville, New Brunswick. …
  • Saint-Louis-de-Blandford, Quebec. …
  • Craik, Saskatchewan. …
  • Cupar, Saskatchewan. …
  • Crown Lands, Yukon.

Which city in Canada has more job opportunities 2021?

As for the province with the highest number of vacancies, it is Quebec where unemployment is decreasing whereas it is rising in other provinces. This province also has the largest job vacancy rate in the provincial job market in Canada.

How much do groceries cost per month in Toronto?

Food: $534.35/month

According to the City of Toronto’s Nutritious Food Basket Calculator, a single male between the ages of 19 and 30 now spends $340.23 a month on groceries, and a single woman between the same ages spends $264.48, giving us on average of $302.35.

IT IS IMPORTANT:  Question: Where is 5G in Canada Telus?

Is Toronto more expensive than London?

Cost of living in London (United Kingdom) is 37% more expensive than in Toronto (Canada)

What salary do you need to live in Toronto?

According to the Ontario Living Wage Network (OLWN), people residing in Toronto need to make $22.08 per hour, which is the most in Ontario, to afford the basics.