<300k gets you 500sqft bachelor pad. Rent is about 1500$ for bachelor, goes up to 2k for 1bed+den. I think the 30 rent rule is a great benchmark for living affordability, renting a 1bd+den is around 1700$ for downtown in a decent building.. with utility, internet etc .. make that 1800$.. ((1700+100)*12)/0.3 = 72k a year. If you're making that dt toronto, you're doing okay.
