For argument sake this Toronto apartment is fine. There’s two-bedrooms, a kitchen (with an oven!), a bathroom and it’s in West Queen West, which is a great location.

What isn’t fine is that they’re asking $7,995 A MONTH!

Sorry, in case you passed out from shock that was $7,995 a month. Even if you have a roommate that’s still almost $4,000 each A MONTH!

A new report by rentals.ca put the average price of a one-bedroom at $2,231 a month and a two-bedroom at $2,735 a month.

Yes, yes it is depressing. But what’s more depressing is that this place is priced at three times higher than the city average.

And even for the building it horrendously overpriced. A two-bed plus den goes between $2,550 and $3,000 a month, according to Strata.

Like the apartment is fine and I get that it comes furnished and basically move-in ready but nothing about this place warrants a price tag of $7,995 a month.

I even read through the listing several times to see if a butler or housekeeping or something was included in that rent, but all it said was: “Your rent includes internet, hydro/electricity, water and Netflix.”  

There isn’t even parking included! You’d think it’s the least they could do is give you a parking spot!

Anyway, I don’t care how bad you are at math, there is absolutely no way you can make any of that add up to $7,995 a month. Netflix is at most $15.99 a month, so maybe chill on the rent gauging? Just a thought.

And if they’re charging that much per month you’d think they could spring for some professional photos or, I don’t know, pay someone to move the Swiffer pads box out of frame?

Specs

• Address: 68 Abell Street
• Type: Apartment
• Rent: $7,995/ month
• Furnished? Yes
• Utilities: Yes
• Air conditioning? No info
• Bedrooms: 2
• Bathrooms: 1
• Parking: Street
• Laundry? No info
• Outdoor space? Balcony
• Pet friendly? Small pets okay

Good For

Draining your bank account in a swift and timely manner.  

Move On If

You don’t feel like metaphorically lighting your money on fire.