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“I’ve moved around a lot in my life, and this is the hardest time I’ve ever had finding a place.”The Leonards ended up renting one floor of a house in Mimico, an emerging neighborhood along the water about a 30-minute drive from Toronto, with two other tenants living on the other floors. 7, when Theo starts classes at the University of Toronto, joining the 100,000 other people migrating to the city each year.Their online ad, with a photo of the pair in a meadow by a wood fence, describes the 21-year-olds as a young, polite couple seeking to spend no more than C5 a month.As for basement apartments and other unofficial listings, a segment of the market not actively tracked, good luck. Stephanie and Stephane Leonard spent more than a month checking online listings and cruising the city streets in their silver Audi, hunting for “For Lease” signs in house windows.

Rental supply is down to two weeks, meaning it would take that long to rent everything in town, and average rents have hit an all-time high.

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Potential tenants are so desperate they’re driving the streets looking for rentals and creating web profiles, similar to dating bios, to attract landlords.

That’s pushed Toronto rents to record highs, approaching those in hipster Brooklyn and tony London.

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