 Hello everyone. This is financial author Amit Dan of amitdan.com. On this channel, you'll find financial travel and more videos just like the one you're watching right now. If you like what you see, please give it a thumbs up and consider subscribing. Hello everyone. This is Amit Dan of amitdan.com. Today, I'll bring you another episode of How Expensive is Toronto and I'll look at some rents in Toronto. Toronto is one of the best cities in the world to live. There are various indexes and research done on how the best place to live in the world and Toronto always ranks high in terms of living and quality of life. I'll give you some of the rankings which rank Toronto in one of the top 10 cities in the world to live. For example, the Marsur's Quality of Living Index and OECD Better Life Index, the Economist Intelligent Unit Index, and there's the PWC Cities of Opportunity Index. And there are other indexes and researches which put Toronto in one of the best cities on earth to live due to its quality of living and other aspects. Now, before I start talking about the rents in Toronto, I'd like to mention that in Toronto, about 50% Torontonians live in their own houses or condos and the rest 50% rent and the average rental home or average rent one bedroom rent is approximately $2,000. This is just a very rough estimate and rent can be different depending on where you live. So, I will have three different samples of one bedroom rentals in Toronto. One of them is going to be in Etobicoke. The other one is in Midtown and the other one is downtown. I'll just give you an example of downtown before I start showing you. Also, I'll give you the rents on the screen as well. So, in downtown, where I'm right now, if you're looking to rent a one bedroom condo, the average rent can run from $1,700 to $2,000 and a two bedroom rental unit can run from $2,500 to $3,000. Now, there are various other places in the city. You can rent for cheaper than downtown. However, keep in mind that there are various factors determining the rents in the location or even in the building or on the same street you're renting. For example, the view and the space and what floor and what type of neighborhood and there are various other factors. So, for example, you are living on the same street in two different buildings. You can rent one in one building, one bedroom apartment for $1,500 and the other building can cost $2,000 or even in the same building if you have a city view which is going to be different than the lake view or if you have different area or a different location of the same building that will determine the rentals as well. So, there are various factors. So, I'll show you some scenes around and today is a very beautiful day. The temperature is 28 degrees Celsius with a 65% humidity and there's a wind of 12 miles per hour. So, it's a very nice summer day or summer evening and I will start showing you the rental units. But before, I'll just show you this place and then thank you for watching. If you like what you see, please give it a thumbs up. Videos coming up, so consider subscribing and I'll see you shortly. Thank you.