RENTAL HOUS­ING BY THE NUM­BERS

NOW Magazine - - COVER STORY -

LESS THAN ONE PER CENT

The cur­rent va­cancy rate. A healthy rental mar­ket re­quires a va­cancy rate of three to five per cent

1.8 PER CENT

Provin­cial rent in­crease guide­line for 2019

$1,803

The av­er­age rent for a one-bed­room condo in 2017

120 DAYS

The ad­vance no­tice the land­lord is re­quired to give a ten­ant for ren­o­va­tions

47 PER CENT

Toronto house­holds that are renters

47 PER CENT

Toronto renters spend more than 30 per­cent of their in­come on hous­ing

40,000

The num­ber of af­ford­able rental units John Tory prom­ises to build in 12 years

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