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These Toronto neighbourhoods have seen rent prices drop by more than 30% since last year
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Toronto rent prices continue to stabilize after more than a year of steadily freefalling amid the COVID pandemic, but as 2021 rolls along under a lockdown that just won t seem to end, it should still be a while before we actually see an actual rebound.
In fact, some neighbourhoods across Canada s largest city are still marking both year-over-year
and month-over-month rent declines.
For most of 2020, the average rent per square foot steadily declined, ending the year at $2.76 per square foot in December 2020. In April 2021, the average rent per square foot was $2.78, reads the latest Toronto GTA Rent Report from Bullpen Research and TorontoRentals.com. ....

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