Rentals are mostly owned by people who came to Canada with money… so mostly Chinese investors with their millions of laundered money, who literally buy apartments in bulk, or occasionally other people of course.
There are rental companies too who own multiple buildings and run them as a business, but their quality is not very good at all… most of them don’t even have in suite laundry and people have to go to the basement and use shared laundry!
I’m assuming you meant how much would it be to rent… depending on how old or new the unit is, and if it’s rental company or personally owned… a 2 bedroom 1000 sqf apartment near where I live (downtown Vancouver) could be between $2500-$4000 a month. Which is wildly expensive! Considering the same people who pay these rents, won’t qualify for a mortgage of same amount, but also because of high rents, they can’t save up for a down payment.
It’s a vicious cycle…we drink kombucha to cope