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'This is egregious': Sisters shocked when Toronto landlord raises rent to $9,500 a month
(toronto.ctvnews.ca)
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No it wouldn't. Here is a comparable: https://www.realtor.com/rentals/details/166-Amsterdam-Ave_New-York_NY_10023_M33265-52776?property_id=3326552776&from=ab_mixed_view_card
A three bedroom would go for $12k a month, but we don't even have three bedroom units here. Assuming this is a two bedroom it would probably be in the middle of the range given. So 7k-8k USD. But Toronto shouldn't be as expensive as Manhattan, NYC.