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Rent in sudbury is absolutely ridiculous

Are the landlords serious and not just this one I’ve seen but this one just got to me cause is absolutely crazy bs this landlord here is just the worst I’ve seen so far.

like ya it’s a nice place but come on and to anyone that can afford 3 grand a month for rent for a damn 3 bedroom can afford a there own morgage and not half to pay triple what the actual morgage is probably worth for someone else like I get the landlords need to make money but come on this is just crazy and the fact that we r in sudbury not dt Toronto or uptown New York.

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13 Responses

  1. Anonymous says:

    Snow washing

  2. Just me says:

    $3000 to rent in lively? Buhahaha

  3. ‍♂️ says:

    Well, if I had to add common sense into this post…

    It’s Sudbury and the price of a new build is very high (looks like a brand new place) so let’s guess that this place has a mortgage of $400,000. In all honesty it’s probably higher, but let’s go with that. That would mean at 3% over 25yrs the monthly cost would be $1900. Every renter forgets about property tax which on $400k would be right around $6000/yr or $500/mth. Now the landlord’s cost per month is $2400. Another forgotten item is insurance so there’s another $200/mth bringing up the monthly cost to $2600 and we haven’t even touch any other incidentals such as any rental equipment like hot water tanks, etc. Any contingency amounts for when it’s 2am on a Winters Saturday night and -30 and you call the landlord to say the furnace quit and they have to hire someone to repair it.

    So it looks like whoever ends up renting it is getting a deal.

  4. Anonymous says:

    Mod, are you ok with someone posting an ad of someone else’s house with an address and hate speech, just because they did not like the price in an ad? I would call the cops if I was the owner, and saw this..

    • Anonymous says:

      Not sure where you think they got this post from. Quite obvious it is a screen shot of the owners post.
      Also, didn’t really see hate speech, just ones opinion on rent gouging.

      • Some people says:

        So is it gouging when BMW sells a car for $100,000 when you could go to Kia and get one for $25,000?
        There are different price points for different people.

      • Anonymous says:

        Lol that is by far the stupidest thing ive ever heard. That house is no where near a beemer and i know someone renting a mcmansion on ramsey for 3000 a mth and that is still rediculous. So you agree that a house in lively has a mortage of even 2000 a month?

  5. Anonymous says:

    Its their own property and they can ask whatever the fuck they want to lol, what the fuck?! Move to China or Russia if you like communism

  6. Anonymous says:

    It’s out in Lively two and they’re charging three grand they should give their head a shake
    See that’s the problem with all these scumbags in town the buy a real cheap place rent it out for an outrageous price and then buy some million-dollar Waterfront mansion what they normally wouldn’t afford

    • To many entitled Sudburians says:

      This a massive place at over 2500 ft3
      And definitely doesn’t look like a dump.
      But I’m sure there is a professional that would want something nicer than the average dump in town in a crack filled neighborhood. You want cheap rent or smaller places, go look in the Donavon area

      • Anonymous says:

        Well you must be the owner. Whats the mortgage there rockstar? If someone is stupid enough to pay that in rent i guess the owner deserves it. Or are you targeting the new canadians that live several families per household?

    • anonymous says:

      too not two

  7. Anonymous says:

    So true a lot of these landlords think it’s Toronto up here. They’re nothing but greedy scumbags.

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