Vancouver, Toronto are least affordable cities in Canada for renters, report says
September 4, 2025
A new report says Vancouver and Toronto topped the unaffordability list for renters in Canada last year.
The report by the Canadian Centre for Policy Alternatives says the cities topped the list based on the rental wage, the hourly wage needed to afford rent while working a 40-hour week and spending 30 per cent of income on housing.
Unpublished Newswire
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More than 16,000 square feet of living space. An indoor and an outdoor pool. Ten parking spaces. Eight bedrooms and 17 bathrooms. A garden, a library and a concert hall set up for classical music performances.
That’s only some of what one of Toronto’s most expensive single family mansions on the market has to offer. Behind its opulent design are intricate details, from floor to ceiling, featuring the work of European artists and pulling inspiration from all around the world.
The High Point home, listed for $49,950,000, is located in the Bridle Path area.
The neighbourhood, also...
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