Rent prices have been skyrocketing in Toronto over the course of a few months which means that you’ve got to be making that $$$$ in order to live anywhere in the city close to a subway station. Apparently, to rent out a one bedroom aprox. 1.5 kms from Union Station is an average $2,336 according to Casalova. That means if an individual was to spend 30 per cent of his or her income on rent, they would need to make at least…………… $93,440 a year. Yeah.. no. Folks that is just the beginning because King and Bay are on top of that list.
You might want to reconsider living at home for as long as you can.
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