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Toronto Rents Drop to Four-Year Low — Is the Market Finally Cooling?

Toronto Rents Drop to Four-Year Low — Is the Market Finally Cooling?

After years of relentless increases, Toronto renters are finally getting a breather. According to the latest February 2026 report from Rentals.ca, average asking rents in Toronto have fallen to their lowest levels in nearly four years. Across Canada, rents declined...

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