Posted May 23, 2024, 1:35 PM
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![Innsertnamehere's Avatar](image.php?s=19cba68328a8f68e054dd135a46a6e99&u=50441&dateline=1343163449) |
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Join Date: Jan 2010
Location: Hamilton
Posts: 11,756
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$1,400 for a 2-bed is way below market rent. Most 2-beds in Toronto are going for closer to $3,000 now - smaller ones for a bit less, nicer ones for a bit more. $1,400 is way below market for even 10 years ago, yet alone today.
Downtown Toronto's traffic is awful as it has very limited auto infrastructure and what little it does have the City seems determined to rip out. I would generally advise not driving there at all, if you can avoid it.
The Gardiner itself is in the middle of a 10-year reconstruction which isn't helping - it's just unbelievably terrible to drive around downtown right now. Like comically, terribly, unbelievably bad. The amount of construction downtown is just destroying it between the Ontario Line and Gardiner construction, basically half the streets in the city are closed or heavily restricted.
Exhibition / Liberty Village is an especially bad spot as it has basically terrible transit too. The Ontario Line is a new subway line getting built to it which should make it a bit better, but that won't open for another 6-8 years.
The rest of the GTA is more typically American traffic on freeways, but it's also very bad - like LA levels, if not worse as there has been little in capacity expansion while the GTA grows by a quarter million a year. And yet local politics still talk about cancelling the few capacity projects that actually are underway.
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