National Rent Averages 9.5% Spike

The average rent across Canada has spiked 9.5% over the last year. Condominiums are up even higher at 10.5%. A few examples of new average rents across the board include:

Vancouver (one-bedroom) average $2,412 per month;

Vancouver (two-bedrooms) average $3,600 per month;

Toronto (one-bedroom) average over $2,000 per month;

Richmond B.C. (one-bedroom) average over $2,000 per month;

Oakville (one-bedroom) average over $2,000 per month;

Burnaby B.C. (one-bedroom) average over $2,000 per month;

Burlington (one-bedroom) average over $2,000 per month;

Oshawa (one-bedroom) average over $1,645 per month;

Oshawa (two-bedrooms) average over $1,916 per month; and

Pickering (two-bedrooms) average over $2,349 per month.

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