Here Are 5 Greater Toronto Areas With Affordable Rent!

toronto multiracial couple giving high give standing near pile of boxes

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.

1. Harwood

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


Related

3. Bendale 

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

4. Morningside 

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 

5. Guildwood

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


Must Reads

Here Are Canada Immigration New Targets For 2022-2024

Visitors in Canada Can Now Apply For Work Permit Until 2023

Click here for most viewed videos during 2022!

Visit here for most visited articles during 2021!

Click here for all the important immigration news during 2022!