Rental Stats Toronto, Hamilton and Niagara July 2020

Submitted by susan@completepminc.com on Thu, 11/12/2020 - 22:47

As people are expecting to work more from home for the foreseeable future, there is a lot of demand for rentals in the 905.

We ran the stats for July:

Hamilton:
Ave 1 Bed rent: $1350. down 2.2% month over month. Up 9.8% year over year.
Ave 2 bed rent: $1620. No change month over month. Up 8% year over year.

St. Catharines:
Ave 1 bed rent: $1250. No change month over month. Up 5% year over year.
Ave 2 bed rent: $1430. Down 1.4% month over month. Down 4.7% year over year.

The Toronto stats:
Ave 1 bedroom: $2,100. No change month over month. Down 8.7% year over year.
Ave 2 bedroom: $2,640. Down 1.9% month over month. Down 7% year over year.

- March 16, 2021

As people are expecting to work more from home for the foreseeable future, there is a lot of demand for rentals in the 905.

We ran the stats for July 2020:

Hamilton:
Average 1 Bedroom rent: $1350. down 2.2% month over month. Up 9.8% year over year.
Average 2 bedroom rent: $1620. No change month over month. Up 8% year over year.

St. Catharines:
Average 1 bedroom rent: $1250. No change month over month. Up 5% year over year.
Average 2 bedroom rent: $1430. Down 1.4% month over month. Down 4.7% year over year.

Toronto:
Average 1 bedroom: $2,100. No change month over month. Down 8.7% year over year.
Average 2 bedroom: $2,640. Down 1.9% month over month. Down 7% year over year.

Stats thanks to Padmapper.