“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 1.1.2 and 2.1.2, Zones 1-17, in the Rental Market Report Data Tables – Greater Toronto Area.

Monthly Occupancy Costs

Average Market Rent figures published in the Fall of 2019 are used to set Affordable Housing monthly occupancy costs for the 2020 year, with different Affordable Housing programs charging 100 per cent, 80 per cent or other percentages of Average Market Rent (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.

Table 1 – 2020 Greater Toronto Average Market Rent (AMR)
Unit Size

2020
Average Market Rent

2020
80% of Average Market Rent

Hostel $894 $715
Bachelor apartment $1,148 $918
1 bedroom apartment $1,374 $1,099
2 bedroom apartment $1,591 $1,273
3 bedroom apartment $1,766 $1,413
4 bedroom apartment $2,083 $1,666
5 bedroom apartment $2,329 $1,863
2 bedroom townhouse $1,683 $1,346
3 bedroom townhouse $1,749 $1,399
4 bedroom townhouse $2,230 $1,784
5 bedroom townhouse $2,579 $2,063

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.

Table 2 – 2020 Affordable Housing Utility Allowances

Unit Size

Hydro

Heat

Water

Hot Water

Bachelor apartment

$34

$26

$11

$19
1 bedroom apartment

$34

$26

$11

$19
2 bedroom apartment

$49

$30

$20

$26
3 bedroom apartment

$57

$31

$24

$32
4 bedroom apartment

$61

$31

$27

$40
5 bedroom apartment

$61

$31

$27

$40
2 bedroom townhouse

$49

$30

$20

$26
3 bedroom townhouse

$57

$31

$24

$32
4 bedroom townhouse

$61

$31

$27

$40
5 bedroom townhouse

$61

$31

$27

$40

Previous Average Market Rents

Table 3 – Greater Toronto Average Market Rents, 2011 to 2019

Effective Year

Unit Size 2019 2018 2017 2016 2015 2014 2013 2012 2011
 Hostel $839 $796  $770  $756  $728  $712  $690  $668  $633
 Bachelor apartment $1,089 $1,019  $962  $942  $899  $876  $840  $822  $778
 1 bedroom apartment $1,270 $1,202  $1,137  $1,110  $1,071  $1,035  $1,010  $979  $950
 2 bedroom apartment $1,492 $1,426  $1,341  $1,301  $1,264  $1,225  $1,194  $1,161  $1,135
 3 bedroom apartment $1,664 $1,595  $1,544  $1,540  $1,484  $1,488  $1,443  $1,374  $1,346
 4 bedroom apartment $1,954 $1,854  $1,795  $1,761  $1,696  $1,659  $1,609  $1,558  $1,530
 5 bedroom apartment $2,185 $2,074  $2,008  $1,970  $1,898  $1,856  $1,800  $1,742  $1,714
 2 bedroom townhouse $1,660 $1,430  $1,318  $1,289  $1,265  $1,231  $1,204  $1,170  $1,146
 3 bedroom townhouse $1,731 $1,698  $1,581  $1,572  $1,512  $1,521  $1,442  $1,437  $1,399
 4 bedroom townhouse $2,203 $2,021  $1,899  $1,872  $1,819  $1,799  $1,732  $1,704  $1,652
 5 bedroom townhouse $2,548 $2,337  $2,195  $2,165  $2,103  $2,080  $2,003  $1,971  $1,905

Previous Affordable Housing Utility Allowances

Table 4 – Previous Affordable Housing Utility Allowances (2019 and 2018)

Utility and Effective Year

Unit Size Hydro 2019 Hydro 2018 Heat 2019 Heat 2018  Water 2019 Water 2018 Hot Water 2019 Hot Water 2018
 Bachelor apartment $34  $34 $24  $24 $10  $10 $17  $17
 1 bedroom apartment $34  $34 $24  $24 $10  $10 $17  $17
 2 bedroom apartment $48  $48 $28  $28 $20  $19 $24  $24
 3 bedroom apartment $56  $56 $29  $29 $24  $22 $30  $30
 4 bedroom apartment $59  $59 $29  $29 $26  $25 $37  $37
 5 bedroom apartment $59  $59 $29  $29 $26  $25 $37  $37
 2 bedroom townhouse $48  $48 $28  $28 $20  $19 $24  $24
 3 bedroom townhouse $56  $56 $29  $29 $24  $22 $30  $30
 4 bedroom townhouse $59  $59 $29  $29 $26  $25 $37  $37
 5 bedroom townhouse $59  $59 $29  $29 $26  $25 $37  $37