Hot Rental Market

Toronto and GTA rental market is hot hot hot. House sales and prices are down but the rental market is up – a lot. If you are looking for a rental in GTA – good luck in getting one. Within a day of a rental listing coming to market there is a line up of people who want it. Multiple offers are everywhere and hence prices are way up. Landlords can afford to be picky so good employment, good credit score and good references are important.
For all the Ukrainians who have come from Ukraine and are looking for accommodation to escape the war – it’s almost impossible. Many have gone to other cities where rents are more reasonable.