Photograph by Sigmund
Whereas it was lately reported that renters pay lots lower than owners in Oshawa and different components of southern Ontario, it seems that tenants within the metropolis pay lower than renters within the GTA general.
In response to liv.lease’s July 2024 Toronto Lease Report, Oshawa is–and has been for a while–probably the most reasonably priced GTA municipality. Renters pay a mean of $1,792 a month for an unfurnished one-bedroom condo.
It has remained probably the most reasonably priced metropolis since November 2023.
In June, the common lease for an unfurnished one-bedroom condo within the metropolis was $1,724.
Whereas renters sometimes pay extra in Oshawa than they do in different components of the province, the distinction is sort of stark compared to different GTA municipalities. In response to the report, tenants in Toronto’s downtown core can anticipate to pay about $2,428 for an unfurnished, one-bedroom unit–$704 greater than a tenant in an analogous lodging in Oshawa pays.
Tenants additionally pay extra in Brampton ($1,853), Mississauga ($2,297), Scarborough ($2,125) and Markham ($2,337).
As for cheaper locations to reside, the report says Oshawa tenants pay greater than tenants in London ($1,614 a month for an unfurnished, one-bedroom unit), St. Catharines ($1,613) and Niagara Falls ($1,589).
So far as massive models go, the report says tenants in Oshawa nonetheless typically pay lower than different GTA cities for two- and three-bedroom models. A two-bedroom, unfurnished unit prices a mean of $2,100, whereas a three-bedroom unit prices $2,503.
liv.lease says its month-to-month lease stories use information from its personal listings, in addition to from different common itemizing websites. It appears at obtainable basement suites, residences, condos, townhouses, semi-detached homes, and single-detached homes for every space. Knowledge doesn’t embody luxurious properties over $5,000, rooms for lease or shared lodging.
INdurham’s Editorial Requirements and Insurance policies
