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I'll be working full time then attending college full time in Sept '08. Id like to be able to spend around $700 - $750 on a one bedroom or bachelor in what I think is reffered to as 'old toronto", is that workable?

I will be moving to Toronto in the next few months and was hoping to get some advice on suitable places to look for an apartment. http://www.discovervancouver.com/forum/topic.asp?TOPIC_ID=213557 sorry for the link to another forum, im trying to get a mix of as many perspectives as possible.