Menkes’ Kimberly Sears tells STOREYS that the company has screened “over 175 offers to lease” over a six-month course, and of those, “over 90 of them were disqualified due to discrepancies found during the screening process.”
We’re at a really nuanced point in the Toronto area’s rental market. The market continues to be exorbitant, but it’s definitely cooling.
Still, that hasn’t put an end to the complications arising due to the fact that it’s a tough market for renters to break into — even if rents are continually coming down.