Toronto — Historical Condominium Apartment Average Rent ($) by Bedroom Type

  Bachelor 1 Bedroom 2 Bedroom 3 Bedroom + Total
2007 ** 1,291 a 1,535 a 1,563 c 1,443 a
2008 ** 1,356 a 1,625 b 1,502 d 1,483 b
2009 ** 1,270 b 1,487 a 1,490 c 1,399 a
2010 ** 1,383 b 1,595 b 1,522 d 1,497 a
2011 ** 1,380 a 1,608 a 1,505 c 1,508 a
2012 1,108 c 1,436 a 1,592 b 1,591 c 1,526 a
2013 ** 1,531 a 1,752 a 1,616 c 1,672 a
2014 ** 1,556 b 1,818 a 1,603 c 1,709 a
2015 ** 1,638 c 1,754 b ** 1,758 b
2016 1,428 b 1,653 a 2,029 a 2,487 b 1,901 a
2017 1,528 b 1,803 a 2,301 a 2,607 b 2,124 a
2018 1,520 c 1,910 a 2,393 a 2,982 b 2,235 a
2019 1,600 c 1,966 a 2,476 a 2,829 b 2,307 a
2020 1,685 b 1,973 a 2,440 a 2,772 b 2,323 a
2021 1,808 c 1,928 a 2,370 a 2,733 b 2,303 a
2022 2,285 c 2,194 a 2,692 a 2,969 b 2,547 a
2023 2,279 c 2,399 a 2,890 a 3,148 a 2,726 a
Source: CMHC Secondary Rental Market Survey (opens in new window)