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REAL Brokerage

Renting

What renting costs here

$1,290

average two bedroom, 2025

2.1%

vacancy, 2025

Purpose-built rental buildings only, so private condo and secondary-suite rentals are not in it. The survey runs each October and publishes in winter, which makes this an annual figure rather than a current one. Adapted from Statistics Canada, tables 34-10-0133-01 and 34-10-0130-01 (Canada Mortgage and Housing Corporation, Rental Market Survey). This does not constitute an endorsement by Statistics Canada of this product.

Weighing rent against a mortgage?

The income behind the median sale, and the payment it implies, are on the sold-prices page. The mortgage calculator runs your own numbers at today’s rates.

The Ellis Team at REAL Brokerage. No tax or accounting advice is given anywhere on this site.