Greater Toronto Area (GTA) is one of the popular destinations for international students, young professionals, and foreign workers. Moreover, it continues to be one of the most expensive regions in the country.
If you would like to live close to downtown but escape high costs, here are 5 Greater Toronto Areas (GTA) with affordable rent. This list is based on 1-bedroom rentals as per Zumper.com and Rentals.com.
Horwood is a prime location for young professionals who want to live close to downtown. You can reach downtown in less than half an hour by transit. It offers several affordable townhouses and has the Stock Yard Village shopping center to fulfill your shopping needs. Moreover, Horwood is one of the trendy urban neighborhoods.
Average rent per month: $1,400
2. Keelesdale–Eglinton West
Keelesdale-Eglinton West is one of the multicultural areas that offer some of the best Caribbean, Portuguese, and Italian cuisines. It is less than an hour away from downtown Toronto. Moreover, it has unique stores in the Eglinton Hill BIA,just four blocks from Eglinton Avenue West. As a historical fact, it used to be the prime location for street festivals and sidewalk sales in 1997.
Average rent per month: $1,595
Bendale, also known as Cedarbrae and Midland Park, is a residential neighborhood in the eastern part of Toronto. It mostly has houses and is in the central part of Scarborough. Moreover, it has easy connectivity with TTC and GO Transit. It is culturally diverse and includes landmarks such as Thompson Memorial Park, Scarborough General Hospital, and Scarborough Town Shopping Centre.
Average rent per month: 1,500
Located within Scarborough, it has a mixture of apartment buildings and detached houses. Additionally, this neighborhood is well known for valleys, parklands, and creeks. Hence, you can trek, jog or enjoy scenic views. The famous Morningside Park is one of the main attractions. It is a safe, quiet area with TTC connectivity and close to the highway.
Average rent per month: 1,600
Guildwood is located alongside the scenic Scarborough Bluffs, offering access to trails, parks, and well-known beaches in Toronto. In addition, necessary amenities are available in the Guildwood Village Shopping Center.
The main transport in the area is Guildwood Go Station. Moreover, it provides Lake Ontario views and is close to the University of Toronto Scarborough campus.
Average rent per month: $1,628
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