MONTHLY
EXPENSES FOR A TYPICAL FAMILY IN ONTARIO
The following
table shows the basic expenditure of a newcomers family, assuming they will live
in a 2-room rented apartment. Many families will need more rooms, depending on
the amount of family members and their income. The following example, based on
real costs, is presented just with orientation objectives.
- FAMILY
OF 2 ADULTS AND 2 SCHOOL CHILDREN
|
ÍTEM |
MONTHLY EXPENDITURE (approx.) |
|
HOUSING:
- 2-rooms apartment rent. |
$950 – 1150 + |
|
UTILITIES:
-
Telephone
-
Cable TV
-
Internet
-
Long
Distance Calling |
$35
$30-45
$20 – 40
$20 |
|
FOOD |
$250 - 450 |
|
CLOTHING
(It will depend on every season, previous stock, etc.) |
$80 - 160 |
|
OTHER SERVICES
(bank payments, newspapers, etc) |
$30 - 50 |
|
TRANSPORTATION
- Public Transportation TTC (2 adults) |
$200 |
|
ENTERTAINMENT
–
Sports and others |
$100 |
TOTAL MONTHLY BUDGET
|
$1715 - 2250 |
(monthly
budget)
Note:
It is worth highlighting that according to this table, the cost of housing
(renting an apartment) may take between 55-65% from the total monthly budget.
-
HOUSING COST IN TORONTO
A- APARTAMENTS - RENT
1 – bedroom $ Average from $750 –950+
2 – bedrooms $ Average from $950 –1150+
3 – bedrooms $ Average from $1100 –1300+
- Utilities may be included for this price, such as electricity,
water, and heating in Winter.
- You must pay an additional parking fee from $50 -80+
- Every user pays for their own telephone service, cable TV,
Internet, etc.
Apartments usually include:
- Two appliances (heater/cooker - refrigerator) o three
appliances (heater, refrigerator, dish washer)
Some important Housing Rental Companies (apartments, townhouses,
etc.) in Toronto and Ontario are:
http://www.rentersnews.ca/
www.realstar.ca
http://www.hrpm.ca/46panorama
www.biddington.com
http://www.briarlane.ca/
www.parkproperty.ca
http://www.homestead.on.ca/
http://www.gotransglobe.com/
http://www.wjproperties.ca/
http://www.pinedaleprop.com/
www.oshanter.com
www.rentminto.com
www.highparkvillage.com
http://www.glencorp.com/
www.caprent.com
www.trivestdev.com
http://www.rentoronto.com/
http://www.mainst.biz/
www.berkleypm.ca
www.thorncliffe.ca
http://www.gatewayproperties.ca/
http://www.standardlofts.com/
www.leasidetowers.com
www.greenwinpm.com
http://www.themyriadgroup.net/
www.hrpm.ca
www.theplacetorent.ca
www.thearista.com
http://www.thevalleywoods.com/
http://www.ghcapital.ca/
www.danielsgateway.com
http://www.dmsproperty.com/
NOTE: The
apartments and townhouses available, are usually located in residential settings
and buildings that have been designed and built for rent to newcomers. There are
no great social or economical differences among the different areas, so housing
prices don’t vary too much. Different from many cities in the world, where smart
costly apartments are for rich people and low cost simpler apartments are for
popular classes, there is no such a difference in Ontario. It may be stated that
a 2-room apartment costs $ 1050 in a clean and neat building, located in a
peaceful residential area, picturesque and nice, and $ 950 in a non-advisable
area, with historic social conflicts and low security rates. (e.g. Jane &
Finch).
- NON
ADVISABLE AREAS in Toronto
- Markham
Road & Eglinton
- WESTON
& LAWRENCE
- Victoria
Park & Dantforth
|
RECOMENDATION:
You
can find an apartment in a nice, safe and residential area for almost as
much as for one in a non-advisable area. Take your time aside to know the
neighbourhood and seek housing in the area that suits you best. Ask
your friends and acquaintances to find a good place to live in.
Remember that the people in the area you will live in are the ones
that will eventually be your children’s friends at school. |
B- TOWNHOUSES
RENT : Between $ 1200 – 1550 +
Usually, the rent
of a townhouse includes:
- Utilities
(electricity, water and heating in Winter)
- Additional
Parking Fee ( from $50-80+)
- Every user will
pay for their telephone bill, cable TV, internet, etc.
Townhouses
usually offer:
-
Two
appliances (Freezer – stove) o three appliances (Freezer – stove - Dishwasher)
-
Gas
heating
-
Three Appliances
-
Underground
Parking
For more
information about townhouses rental in Toronto, you can consult the following
companies:
www.glencorp.com
www.gardentowns.ca
www.meadowvalegardens.com
|
HOUSING BELONGING TO THE
TORONTO CITY GOVERNMENT
The
Toronto city government owns a number of building and residential
areas in different points of the city, whose houses and apartments
are rented to low income families. In case your financial situation
isn’t good, you can ask those types of housing for your family.
Consult the following link:
http://www.torontohousing.ca/ |
-
AVERAGE RENT COST IN CITIES IN ONTARIO
Average Rent by Metropolitan Area
Privately Initiated Three
Apartment Units and Over
|
|
One-Bedroom |
Two-Bedroom |
|
Ontario Region |
|
Oct. 2005 |
Oct. 2005 |
|
Hamilton |
|
$646 |
$791 |
|
Kingston |
|
660 |
807 |
|
Kitchener |
|
677 |
811 |
|
London |
|
620 |
775 |
|
Oshawa |
|
753 |
855 |
|
Ottawa |
|
762 |
920 |
|
St.Catharines – Niagara |
|
624 |
736 |
|
Greater Sudbury |
|
544 |
668 |
|
Thunder Bay |
|
556 |
689 |
|
Toronto |
|
888 |
1,052 |
|
Windsor |
|
650 |
780 |
The information by
Canada Mortgage and Housing Corporation.
 |
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