Current City of Toronto Average Market Rents & Utility Allowances
“Monthly occupancy costs” (rent to landlords and charges for utilities) of Toronto Affordable Housing is related to the “Average Market Rents” (AMRs) of other rental accommodation in the city. AMRs are published yearly by the Canada Mortgage and Housing Corporation (CMHC) in the Rental Market Report – Greater Toronto Area. To view Toronto’s AMRs, view tables on pages 13 and 41, rows Zones 1-17. Read the relevant By-Law No. 124-2016 for more information.
Monthly Occupancy Costs
Average Market Rent figures published in the fall of 2017 are used to set Affordable Housing monthly occupancy cost rents for the 2018 year, with different Affordable Housing programs charging 100 per cent, 80 per cent or other percentages of AMR, depending on their agreement. Occupancy costs equal to 80 per cent of AMR are common and for this reason, included in the table below.
| Unit Size |
2018 |
2018 |
|---|---|---|
| Hostel | $796 | $637 |
| Bachelor apartment | $1,019 | $815 |
| 1 bedroom apartment | $1,202 | $962 |
| 2 bedroom apartment | $1,426 | $1,141 |
| 3 bedroom apartment | $1,595 | $1,276 |
| 4 bedroom apartment | $1,854 | $1,483 |
| 5 bedroom apartment | $2,074 | $1,660 |
| 2 bedroom townhouse | $1,430 | $1,144 |
| 3 bedroom townhouse | $1,698 | $1,358 |
| 4 bedroom townhouse | $2,021 | $1,617 |
| 5 bedroom townhouse | $2,337 | $1,869 |
Initial Income Limits
To rent an Affordable Housing unit, households must have annual gross income which is less than the “initial income limit”, an amount equal to four times the monthly occupancy cost for the housing unit multiplied by 12.
Utility Allowance
In Affordable Housing units where tenants pay for any utility cost, they are entitled to a utility allowance deduction from their monthly occupancy cost. This includes tenants who pay separately or are bulk/suite-metered. Utility allowances are adjusted annually based on the related Consumer Price Indices published each year by the Ministry of Municipal Affairs and Housing.
|
Unit Size |
Hydro |
Heat |
Water |
Hot Water |
|---|---|---|---|---|
| Bachelor apartment |
$30 |
$24 |
$10 |
$17 |
| 1 bedroom apartment |
$30 |
$24 |
$10 |
$17 |
| 2 bedroom apartment |
$43 |
$27 |
$20 |
$24 |
| 3 bedroom apartment |
$50 |
$28 |
$24 |
$29 |
| 4 bedroom apartment |
$53 |
$28 |
$26 |
$36 |
| 5 bedroom apartment |
$53 |
$28 |
$26 |
$36 |
| 2 bedroom townhouse |
$43 |
$27 |
$20 |
$24 |
| 3 bedroom townhouse |
$50 |
$28 |
$24 |
$29 |
| 4 bedroom townhouse |
$53 |
$28 |
$26 |
$36 |
| 5 bedroom townhouse |
$53 |
$28 |
$26 |
$36 |
Previous Average Market Rents
|
Effective Year |
||||||||
| Unit Size | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|
| Hostel | $770 | $756 | $728 | $712 | $690 | $668 | $633 | $607 |
| Bachelor apartment | $962 | $942 | $899 | $876 | $840 | $822 | $778 | $759 |
| 1 bedroom apartment | $1,137 | $1,110 | $1,071 | $1,035 | $1,010 | $979 | $950 | $927 |
| 2 bedroom apartment | $1,341 | $1,301 | $1,264 | $1,225 | $1,194 | $1,161 | $1,135 | $1,106 |
| 3 bedroom apartment | $1,544 | $1,540 | $1,484 | $1,488 | $1,443 | $1,374 | $1,346 | $1,311 |
| 4 bedroom apartment | $1,795 | $1,761 | $1,696 | $1,659 | $1,609 | $1,558 | $1,530 | $1,495 |
| 5 bedroom apartment | $2,008 | $1,970 | $1,898 | $1,856 | $1,800 | $1,742 | $1,714 | $1,679 |
| 2 bedroom townhouse | $1,318 | $1,289 | $1,265 | $1,231 | $1,204 | $1,170 | $1,146 | $1,137 |
| 3 bedroom townhouse | $1,581 | $1,572 | $1,512 | $1,521 | $1,442 | $1,437 | $1,399 | $1,361 |
| 4 bedroom townhouse | $1,899 | $1,872 | $1,819 | $1,799 | $1,732 | $1,704 | $1,652 | $1,585 |
| 5 bedroom townhouse | $2,195 | $2,165 | $2,103 | $2,080 | $2,003 | $1,971 | $1,905 | $1,809 |
Previous Affordable Housing Utility Allowances
|
Utility and Effective Year |
||||||||
| Unit Size | Hydro 2018 | Hydro 2017 | Heat 2018 | Heat 2017 | Water 2018 | Water 2017 | Hot Water 2018 | Hot Water 2017 |
|---|---|---|---|---|---|---|---|---|
| Bachelor apartment | $34 | $40 | $24 | $22 | $10 | $10 | $17 | $16 |
| 1 bedroom apartment | $34 | $40 | $24 | $22 | $10 | $10 | $17 | $16 |
| 2 bedroom apartment | $48 | $57 | $28 | $25 | $19 | $18 | $24 | $22 |
| 3 bedroom apartment | $56 | $67 | $29 | $26 | $22 | $22 | $30 | $27 |
| 4 bedroom apartment | $59 | $71 | $29 | $26 | $25 | $24 | $37 | $33 |
| 5 bedroom apartment | $59 | $71 | $29 | $26 | $25 | $24 | $37 | $33 |
| 2 bedroom townhouse | $48 | $57 | $28 | $25 | $19 | $18 | $24 | $22 |
| 3 bedroom townhouse | $56 | $67 | $29 | $26 | $22 | $22 | $30 | $27 |
| 4 bedroom townhouse | $59 | $71 | $29 | $26 | $25 | $24 | $37 | $33 |
| 5 bedroom townhouse | $59 | $71 | $29 | $26 | $25 | $24 | $37 | $33 |
