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The CBC‘s recent No Fixed Address series has drawn some much needed — albeit controversial — attention to Toronto’s red-hot rental market.

If you haven’t kept up with the string of stories, here it is in a nutshell: journalist Shannon Martin, self-described as “small but cute” — just like her former apartment — lived in a 454-square-foot condo rental for $1,650 a month, plus hydro. Underlining the similar living circumstances of her friends, she reports, “Whether we work in media, pharmacy or public relations, most of us are forking well over 50 per cent of our paycheque to put a roof over our heads.”

Hustle. That was Martin’s way of making it work. That is, until she received an email from her property manager that rent was about to increase to $2,600. Read: a 454-square-foot condo for $2,600 a month. She called up the Ontario Landlord and Tenant Board and got a two-word answer: you’re screwed.

A reality? Maybe. Screwed? Not exactly.

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So starts Jessica Green’s latest piece for Toronto Storeys. She aims to prove that $1,000 actually CAN get you a great rental in the GTA – and breaks it down with some luxurious examples from Greenwin Inc.

Read Jessica’s full piece on Toronto Storeys right now.

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