What kind of apartment does $3000 get you in Toronto?
If you have $3000 to spend on rent in Toronto, you can get a glorious apartment or even a sizeable house. For all the competition in our rental market, this is perhaps one of the most obvious differences between Toronto and a city like New York, where even $3K won't get you luxury accommodations.
Here's what kind of apartment you can find in Toronto for $3000.
$2990 near Bloor and Shaw
If you've ever dreamed of living in an urban cottage, this is your chance. This quaint rental has four (small bedrooms), a backyard, new appliances, and loads of character. It'd be perfect for a small family not yet ready to buy a home, but could also work in a roommate scenario. It is, however, furnished, which is a bit odd given the ideal renter.
$3000 at Yonge and Queens Quay
If you've got $3000 to spend on a condo rental, you're going to get set up somewhere quite nice, typically with two bedrooms. This unit is in the Pier 27 development, which is one of the more attractive waterfront developments. Better yet, the unit faces south towards a lovely view of the inner harbour.
$2995 near Pape and Gerrard
If it's space you're after, $3000 will get you a lot of that, even in Toronto's wild rental market. This north Leslieville home features three bedrooms, a modern kitchen, and a lovely deck to spend the summer on. Sure, the rent is the equivalent of a mortgage payment, but it might work for those not looking to acquire real estate at the moment.
$3000 near Bathurst and Eglinton
This luxurious second floor duplex has two bedrooms, but size isn't the primary draw here. The gorgeous kitchen and washroom are the main selling points, though the sitting area in the master bedroom is also a big plus. There's also a huge walk-out deck surrounded by trees.
$3000 near Bloor and Church
This two bedroom apartment at Church and Charles St. East has pretty much everythign you could ever want, and you won't be paying condo fees for amenities like a gym and pool. The renovated unit is in an older building so you'll still have parquet floors, but it has a huge balcony and a slick kitchen.
Would you rent any of these apartments for $3000? Let us know in the comments.
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