Tenants in and around Toronto have been benefiting from lower housing costs so far this year as the city's real estate market endures the impacts of tough and uncertain economic times. While Toronto remains generally known as one of the priciest places to live in Canada, it is not even listed in liv.rent's top five places in the country to rent right now, all of which are in the Vancouver area. (Furnished units come at a higher cost, but being that they are rarer and considered less desirable to most long-term renters, the unfurnished stats are what we will be focusing on here.) Two-bedroom and three-bedroom prices for these cities, aside from Brampton, also rose. This is on top of stricter regulations surrounding renovations, and horror stories of errant tenants and a sluggish and ineffective Landlord and Tenant Board to deal with them.